Raytheon Co (Raytheon Co) Interest Expense : $-180 Mil (TTM As of Dec. 2019)

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What is Raytheon Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Raytheon Co's interest expense for the three months ended in Dec. 2019 was $ -46 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2019 was $-180 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. Raytheon Co's Operating Income for the three months ended in Dec. 2019 was $ 1,279 Mil. Raytheon Co's Interest Expense for the three months ended in Dec. 2019 was $ -46 Mil. Raytheon Co's Interest Coverage for the quarter that ended in Dec. 2019 was 27.80. 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.

Raytheon Co Interest Expense Historical Data

The historical data trend for Raytheon Co'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.

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Raytheon Co Interest Expense Chart

Raytheon Co Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Interest Expense

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-233.00

-232.00

-205.00

-184.00

-180.00

Raytheon Co Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Interest Expense	Get a 7-Day Free Trial															-46.00	-44.00	-45.00	-45.00	-46.00

Raytheon Co 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-180 Mil.

Raytheon Co (NYSE:RTN) 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.

Raytheon Co's Interest Expense for the three months ended in Dec. 2019 was $-46 Mil. Its Operating Income for the three months ended in Dec. 2019 was $1,279 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2019 was $3,967 Mil.

Raytheon Co's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2019 )	/	Interest Expense (Q: Dec. 2019 )
	=	-1	*	1279	/	-46
	=	27.80

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

Raytheon Co (Raytheon Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Raytheon Co (NYSE:RTN) » Definitions » Interest Expense

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Address

870 Winter Street, Waltham, MA, USA, 02451

Website

https://www.raytheon.com

Raytheon is a U.S. defense contractor that posted just over $27 billion in sales during 2018. It operates through five segments: integrated defense systems, intelligence and information, missile systems, space and airborne systems, and a cybersecurity business branded Forcepoint. Sales to the U.S. government account for about 70% of consolidated revenue. Based in Waltham, Massachusetts, Raytheon employs more than 60,000 people.

Executives

William Spivey	director
Letitia A Long	director	C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, #300, COLUMBIA MD 21046
David C Wajsgras	officer: Vice President	870 WINTER STREET, WALTHAM MA 02451
Marta R Stewart	director	C/O NORFOLK SOUTHERN CORP, THREE COMMERCIAL PL, NORFOLK VA 23510-9219
Frank R Jimenez	officer: VP, General Counsel, Secretary	GE HEALTHCARE TECHNOLOGIES INC., 500 W. MONROE ST., CHICAGO IL 606061
Michael J Wood	officer: VP, Controller & CAO	870 WINTER STREET, WALTHAM MA 02451
Ellen M Pawlikowski	director	870 WINTER STREET, WALTHAM MA 02451
Robert O Work	director	870 WINTER STREET, WALTHAM MA 02451
Tracy A Atkinson	director	MFS INVESTMENT MANAGEMENT, 500 BOYLSTON ST., BOSTON MA 02116
Roy Azevedo	officer: Vice President	870 WINTER STREET, WALTHAM MA 02451
Wesley D Kremer	officer: Vice President	870 WINTER STREET, WALTHAM MA 02451
Thomas A Kennedy	director, officer: Chairman and CEO	870 WINTER STREET, WALTHAM MA 02451
George Oliver	director	5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Winnefeld James A Jr	director	870 WINTER STREET, WALTHAM MA 02451
Robert E Beauchamp	director	2101 CITYWEST BLVD, HOUSTON TX 77042-2827