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.
Peer comparison
Dec 31, 2024