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RTX (MEX:RTX) Debt-to-EBITDA : 3.08 (As of Sep. 2024)


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What is RTX Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

RTX's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN65,628 Mil. RTX's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN795,783 Mil. RTX's annualized EBITDA for the quarter that ended in Sep. 2024 was MXN279,445 Mil. RTX's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 3.08.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for RTX's Debt-to-EBITDA or its related term are showing as below:

MEX:RTX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.69   Med: 2.96   Max: 10.38
Current: 3.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of RTX was 10.38. The lowest was 1.69. And the median was 2.96.

MEX:RTX's Debt-to-EBITDA is ranked worse than
66.52% of 227 companies
in the Aerospace & Defense industry
Industry Median: 2.15 vs MEX:RTX: 3.58

RTX Debt-to-EBITDA Historical Data

The historical data trend for RTX's Debt-to-EBITDA 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 Debt-to-EBITDA Chart

RTX Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.17 10.38 3.01 2.91 4.66

RTX Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.31 3.38 3.32 5.48 3.08

Competitive Comparison of RTX's Debt-to-EBITDA

For the Aerospace & Defense subindustry, RTX's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RTX's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, RTX's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where RTX's Debt-to-EBITDA falls into.



RTX Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

RTX's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(24986.093 + 742911.912) / 164650.206
=4.66

RTX's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(65627.77 + 795783.475) / 279444.736
=3.08

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2024) EBITDA data.


RTX  (MEX:RTX) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


RTX Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of RTX's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


RTX Business Description

Address
1000 Wilson Boulevard, Arlington, VA, USA, 22209
RTX is an aerospace and defense manufacturer formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, a commercial and military 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.