RTX Balance Sheet Health
Financial Health criteria checks 2/6
RTX has a total shareholder equity of $60.7B and total debt of $42.1B, which brings its debt-to-equity ratio to 69.3%. Its total assets and total liabilities are $161.2B and $100.5B respectively. RTX's EBIT is $5.0B making its interest coverage ratio 2.8. It has cash and short-term investments of $6.0B.
Key information
69.3%
Debt to equity ratio
US$42.06b
Debt
| Interest coverage ratio | 2.8x |
| Cash | US$6.01b |
| Equity | US$60.68b |
| Total liabilities | US$100.49b |
| Total assets | US$161.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5UR's short term assets ($49.2B) do not cover its short term liabilities ($49.6B).
Long Term Liabilities: 5UR's short term assets ($49.2B) do not cover its long term liabilities ($50.9B).
Debt to Equity History and Analysis
Debt Level: 5UR's net debt to equity ratio (59.4%) is considered high.
Reducing Debt: 5UR's debt to equity ratio has reduced from 104.8% to 69.3% over the past 5 years.
Debt Coverage: 5UR's debt is well covered by operating cash flow (26.4%).
Interest Coverage: 5UR's interest payments on its debt are not well covered by EBIT (2.8x coverage).