RTX Balance Sheet Health
Financial Health criteria checks 4/6
RTX has a total shareholder equity of $62.1B and total debt of $42.8B, which brings its debt-to-equity ratio to 68.8%. Its total assets and total liabilities are $160.2B and $98.1B respectively. RTX's EBIT is $5.1B making its interest coverage ratio 3.1. It has cash and short-term investments of $5.6B.
Key information
68.8%
Debt to equity ratio
US$42.75b
Debt
Interest coverage ratio | 3.1x |
Cash | US$5.61b |
Equity | US$62.14b |
Total liabilities | US$98.05b |
Total assets | US$160.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RTXD's short term assets ($48.0B) exceed its short term liabilities ($45.0B).
Long Term Liabilities: RTXD's short term assets ($48.0B) do not cover its long term liabilities ($53.0B).
Debt to Equity History and Analysis
Debt Level: RTXD's net debt to equity ratio (59.8%) is considered high.
Reducing Debt: RTXD's debt to equity ratio has reduced from 107.2% to 68.8% over the past 5 years.
Debt Coverage: RTXD's debt is well covered by operating cash flow (21.3%).
Interest Coverage: RTXD's interest payments on its debt are well covered by EBIT (3.1x coverage).