RTX AS (FRA:RTE) Debt-to-Equity : 0.18 (As of Jun. 2024)

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What is RTX AS Debt-to-Equity?

RTX AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.86 Mil. RTX AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €6.77 Mil. RTX AS's Total Stockholders Equity for the quarter that ended in Jun. 2024 was €42.98 Mil. RTX AS's debt to equity for the quarter that ended in Jun. 2024 was 0.18.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

FRA:RTE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.17 Max: 0.24
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of RTX AS was 0.24. The lowest was 0.04. And the median was 0.17.

FRA:RTE's Debt-to-Equity is ranked better than
62.68% of 2189 companies
in the Hardware industry
Industry Median: 0.29 vs FRA:RTE: 0.18

RTX AS Debt-to-Equity Historical Data

The historical data trend for RTX AS's Debt-to-Equity 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.

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RTX AS Debt-to-Equity Chart

RTX AS Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.15

0.21

0.18

0.15

RTX AS Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.17	0.15	0.16	0.17	0.18

Competitive Comparison of RTX AS's Debt-to-Equity

For the Communication Equipment subindustry, RTX AS's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 AS's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, RTX AS's Debt-to-Equity distribution charts can be found below:

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

RTX AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RTX AS's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.925	+	6.64)	/	50.567
	=	0.15

RTX AS's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.855	+	6.769)	/	42.983
	=	0.18

RTX AS (FRA:RTE) Debt-to-Equity Explanation

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

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

RTX AS Debt-to-Equity Related Terms

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

RTX AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RTX AS (FRA:RTE) » Definitions » Debt-to-Equity

Comparable Companies

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0NQJ:UK RTX:Denmark

Address

Stroemmen 6, Noerresundby, DNK, 9400

Website

http://www.rtx.dk

RTX A/S is engaged in the design, development, and production of wireless communication solutions rooted in a combination of software and hardware. RTX delivers turnkey solutions to globally recognized B2B customers. Its operating segment includes Enterprise, ProAudio and Healthcare. In Enterprise, the company designs, develop and supplies wireless IP telephony products and sub-systems. In ProAudio, it designs, develops, and manufactures wireless audio solutions. In Healthcare, the company builds wireless technology into modern healthcare services, providing patient monitoring solutions and wireless communication infrastructure for high-tech medical devices. Geographically, RTX A/S has a presence in Denmark; the USA; Hong Kong; France, Germany, and other countries.

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