RTX A/S (FRA:RTE) LT-Debt-to-Total-Asset : 0.10 (As of Mar. 2024)

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What is RTX A/S LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. RTX A/S's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.10.

RTX A/S's long-term debt to total assets ratio increased from Mar. 2023 (0.09) to Mar. 2024 (0.10). It may suggest that RTX A/S is progressively becoming more dependent on debt to grow their business.

RTX A/S LT-Debt-to-Total-Asset Historical Data

The historical data trend for RTX A/S's LT-Debt-to-Total-Asset 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 A/S LT-Debt-to-Total-Asset Chart

RTX A/S Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

LT-Debt-to-Total-Asset

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0.09

0.11

0.10

0.09

RTX A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.09	0.09	0.10	0.10

RTX A/S LT-Debt-to-Total-Asset Calculation

RTX A/S's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (A: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Sep. 2023 )	/	Total Assets (A: Sep. 2023 )
	=	6.64	/	77.518
	=	0.09

RTX A/S's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	6.517	/	62.639
	=	0.10

RTX A/S (FRA:RTE) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

RTX A/S LT-Debt-to-Total-Asset Related Terms

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RTX A/S (FRA:RTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RTX A/S (FRA:RTE) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

RTX:Denmark RTE:Germany

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.

RTX A/S (FRA:RTE) Headlines

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