RTX Balance Sheet Health
Financial Health criteria checks 3/6
RTX has a total shareholder equity of $61.4B and total debt of $43.8B, which brings its debt-to-equity ratio to 71.3%. Its total assets and total liabilities are $161.9B and $100.4B respectively. RTX's EBIT is $5.3B making its interest coverage ratio 3.6. It has cash and short-term investments of $6.6B.
Key information
71.3%
Debt to equity ratio
US$43.83b
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$6.59b |
| Equity | US$61.45b |
| Total liabilities | US$100.42b |
| Total assets | US$161.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RTXCL's short term assets ($48.4B) exceed its short term liabilities ($46.8B).
Long Term Liabilities: RTXCL's short term assets ($48.4B) do not cover its long term liabilities ($53.7B).
Debt to Equity History and Analysis
Debt Level: RTXCL's net debt to equity ratio (60.6%) is considered high.
Reducing Debt: RTXCL's debt to equity ratio has reduced from 111.7% to 71.3% over the past 5 years.
Debt Coverage: RTXCL's debt is not well covered by operating cash flow (18%).
Interest Coverage: RTXCL's interest payments on its debt are well covered by EBIT (3.6x coverage).