RTX (RTX) Debt-to-Equity : 0.72 (As of Sep. 2024)

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What is RTX Debt-to-Equity?

RTX's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $3,333 Mil. RTX's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $40,415 Mil. RTX's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $61,114 Mil. RTX's debt to equity for the quarter that ended in Sep. 2024 was 0.72.

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's Debt-to-Equity or its related term are showing as below:

RTX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.75 Max: 1.24
Current: 0.72

During the past 13 years, the highest Debt-to-Equity Ratio of RTX was 1.24. The lowest was 0.45. And the median was 0.75.

RTX's Debt-to-Equity is ranked worse than
70.04% of 267 companies
in the Aerospace & Defense industry
Industry Median: 0.37 vs RTX: 0.72

RTX Debt-to-Equity Historical Data

The historical data trend for RTX'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.

* Premium members only.

RTX Debt-to-Equity Chart

RTX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.06

0.46

0.45

0.46

0.76

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-Equity	Get a 7-Day Free Trial															0.53	0.76	0.73	0.74	0.72

Competitive Comparison of RTX's Debt-to-Equity

For the Aerospace & Defense subindustry, RTX'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's Debt-to-Equity Distribution in the Aerospace & Defense Industry

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

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

RTX Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

RTX's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(1472	+	43767)	/	59798
	=	0.76

RTX's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(3333	+	40415)	/	61114
	=	0.72

RTX (NYSE:RTX) 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 Debt-to-Equity Related Terms

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

RTX Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » RTX Corp (NYSE:RTX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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

Address

1000 Wilson Boulevard, Arlington, VA, USA, 22209

Website

https://www.rtx.com

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.

Executives

Gregory Hayes	officer: Vice President, Controller	870 WINTER STREET, WALTHAM MA 02451
Mitchill Neil G. Jr	officer: Vice President, Controller	UNITED TECHNOLOGIES CORPORATION, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Amy L Johnson	officer: Corporate VP and 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
Ramsaran Maharajh	officer: EVP and General Counsel	870 WINTER STREET, WALTHAM MA 02451
Shane G Eddy	officer: President, P&W	870 WINTER STREET, WALTHAM MA 02451
Kevin G Dasilva	officer: Corporate VP and Treasurer	COVIDIEN LTD., 15 HAMPSHIRE STREET, MANSFIELD MA 02048
Stephen J. Timm	officer: President, Collins Aerospace	870 WINTER STREET, WALTHAM MA 02451
Robert Kelly Ortberg	officer: CEO, Collins Aerospace Systems	870 WINTER STREET, WALTHAM MA 02451
Winnefeld James A Jr	director	870 WINTER STREET, WALTHAM MA 02451
Leanne G Caret	director	1000 WILSON BLVD, ARLINGTON VA 22209
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