Raytheon Technologies Corp (RTX)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 162,861,000 | 164,822,000 | 161,169,000 | 160,187,000 | 161,869,000 | 162,443,000 | 162,161,000 | 161,636,000 | 158,864,000 | 158,225,000 | 159,017,000 | 159,366,000 | 161,404,000 | 158,772,000 | 158,838,000 | 160,608,000 | 162,153,000 | 162,399,000 | 161,517,000 | 139,572,000 |
| Total stockholders’ equity | US$ in thousands | 60,156,000 | 61,114,000 | 58,985,000 | 60,485,000 | 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 |
| Financial leverage ratio | 2.71 | 2.70 | 2.73 | 2.65 | 2.71 | 2.33 | 2.24 | 2.22 | 2.19 | 2.25 | 2.26 | 2.20 | 2.21 | 2.23 | 2.23 | 2.24 | 2.25 | 2.37 | 2.40 | 3.54 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $162,861,000K ÷ $60,156,000K
= 2.71
The financial leverage ratio of Raytheon Technologies Corp has shown a declining trend from 3.54 as of March 31, 2020, to 2.71 as of December 31, 2024. This indicates that the company's reliance on debt to finance its operations and growth has decreased over the period, suggesting a stronger financial position in terms of debt management. However, there was a slight increase in the ratio in the last quarter of 2024 compared to the previous two quarters, which may warrant further monitoring to ensure sustainable leverage levels.
Peer comparison
Dec 31, 2024
See also:
Raytheon Technologies Corp Financial Leverage (Quarterly Data)