RTX Balance Sheet Health
Financial Health criteria checks 4/6
RTX has a total shareholder equity of $62.9B and total debt of $42.1B, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are $164.8B and $102.0B respectively. RTX's EBIT is $8.3B making its interest coverage ratio 4.4. It has cash and short-term investments of $6.7B.
Key information
66.9%
Debt to equity ratio
US$42.07b
Debt
| Interest coverage ratio | 4.4x |
| Cash | US$6.68b |
| Equity | US$62.86b |
| Total liabilities | US$101.96b |
| Total assets | US$164.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RTX's short term assets ($51.8B) do not cover its short term liabilities ($52.2B).
Long Term Liabilities: RTX's short term assets ($51.8B) exceed its long term liabilities ($49.7B).
Debt to Equity History and Analysis
Debt Level: RTX's net debt to equity ratio (56.3%) is considered high.
Reducing Debt: RTX's debt to equity ratio has reduced from 103.8% to 66.9% over the past 5 years.
Debt Coverage: RTX's debt is well covered by operating cash flow (24.5%).
Interest Coverage: RTX's interest payments on its debt are well covered by EBIT (4.4x coverage).