Raytheon Technologies Corp (RTX)

Debt-to-equity ratio

Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 59,798,000 69,596,000 72,480,000 72,795,000 72,632,000 70,187,000 70,441,000 72,462,000 73,068,000 71,308,000 71,115,000 71,710,000 72,163,000 68,379,000 67,225,000 39,411,000 41,774,000 40,468,000 40,754,000 39,738,000
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $59,798,000K
= 0.00

The debt-to-equity ratio of RTX Corp has shown a fluctuating trend over the past eight quarters. It increased from 0.43 in Q1 2022 to a peak of 0.73 in Q4 2023, indicating a higher level of debt relative to equity in the company's capital structure. However, it is worth noting that this ratio has not consistently trended upwards and has varied between 0.44 and 0.73 during this period.

The ratio dipped to 0.47 in Q1 2023 before gradually increasing in the subsequent quarters. This suggests that RTX Corp may have taken on more debt relative to equity in recent quarters, which could potentially signal increased financial leverage and risk. However, the company's debt levels appear to have been managed within a certain range, as the ratio has not exceeded 0.73.

Overall, while the increasing trend in the debt-to-equity ratio of RTX Corp may raise some concerns about its financial leverage, further analysis of the company's overall financial health and risk management strategies would be required to provide a more comprehensive assessment of its capital structure.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-equity ratio
Raytheon Technologies Corp
RTX
0.00
Honeywell International Inc
HON
0.00

See also:

Raytheon Technologies Corp Debt to Equity (Quarterly Data)