RTX (RTX) Interest Expense

: USD-1,653 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. RTX's interest expense for the three months ended in Dec. 2023 was USD -551 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was USD-1,653 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. RTX's Operating Income for the three months ended in Dec. 2023 was USD 3,557 Mil. RTX's Interest Expense for the three months ended in Dec. 2023 was USD -551 Mil. RTX's Interest Coverage for the quarter that ended in Dec. 2023 was 6.46. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

RTX Interest Expense Historical Data

The historical data trend for RTX's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

RTX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-1,711.00

-1,408.00

-1,330.00

-1,300.00

-1,653.00

RTX Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-332.00	-339.00	-372.00	-391.00	-551.00

RTX Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was USD-1,653 Mil.

RTX (NYSE:RTX) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

RTX's Interest Expense for the three months ended in Dec. 2023 was USD-551 Mil. Its Operating Income for the three months ended in Dec. 2023 was USD3,557 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was USD43,767 Mil.

RTX's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	3557	/	-551
	=	6.46

The higher the ratio, the stronger the company's financial strength is.

RTX (RTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » RTX Corp (NYSE:RTX) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

RTX:Mexico 5URd:UK 0R2N:UK 5UR0:Germany 5UR:Germany 5UR:Germany 5UR:Germany RTX:Canada RYTT34:Brazil RTX:Austria

Address

1000 Wilson Boulevard, Arlington, VA, USA, 22209

Website

https://www.rtx.com

RTX is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace manufacturers and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, an aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.

Executives

Winnefeld James A Jr	director	870 WINTER STREET, WALTHAM MA 02451
Amy L Johnson	officer: Corporate VP and Controller	870 WINTER STREET, WALTHAM MA 02451
Leanne G Caret	director	1000 WILSON BLVD, ARLINGTON VA 22209
Shane G Eddy	officer: President, P&W	870 WINTER STREET, WALTHAM MA 02451
Gregory Hayes	officer: Vice President, Controller	870 WINTER STREET, WALTHAM MA 02451
Christopher T. Calio	officer: Pres, Comm Engines, P&W	870 WINTER STREET, WALTHAM MA 02451
Dantaya M Williams	officer: Chief Human Resources Officer	870 WINTER STREET, WALTHAM MA 02451
Michael R Dumais	officer: SVP, Strategic Planning	870 WINTER STREET, WALTHAM MA 02451
Tracy A Atkinson	director	MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Wesley D Kremer	officer: President, RMD	870 WINTER STREET, WALTHAM MA 02451
Ramsaran Maharajh	officer: EVP and General Counsel	870 WINTER STREET, WALTHAM MA 02451
Robert Kelly Ortberg	officer: CEO, Collins Aerospace Systems	870 WINTER STREET, WALTHAM MA 02451
Frank R Jimenez	officer: EVP and General Counsel	GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061
Harris Bernard A Jr	director	3411 ERIN KNOLL CT, HOUSTON TX 77059
Thomas A Kennedy	director, officer: Executive Chairman	870 WINTER STREET, WALTHAM MA 02451