Raytheon Technologies Corp (RTX)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $60,156,000K
= 0.00
The debt-to-equity ratio for Raytheon Technologies Corp has been consistently reported as 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has no debt funding in relation to its equity. A debt-to-equity ratio of 0.00 suggests that the company is primarily financed by equity rather than debt. This can be viewed as a positive sign of financial stability and strength, as the company is not relying heavily on borrowed funds to support its operations and growth. It also signifies a low level of financial risk associated with debt obligations.
Peer comparison
Dec 31, 2024