Raytheon Technologies Corp (RTX)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 60,156,000 | 59,798,000 | 72,632,000 | 73,068,000 | 72,163,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $60,156,000K)
= 0.00
The debt-to-capital ratio for Raytheon Technologies Corp has been consistently reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has either no debt or a negligible amount of debt in relation to its total capital. A debt-to-capital ratio of 0.00 suggests that the company is primarily funded by equity rather than debt, which may be viewed positively by investors and creditors as it signifies a lower financial risk and potentially stronger financial position. However, it is important to consider other financial metrics and factors when assessing the overall financial health and performance of the company.