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
We Think RTX (NYSE:RTX) Is Taking Some Risk With Its Debt
Oct 02
Here's Why RTX (NYSE:RTX) Has A Meaningful Debt Burden
Jun 21Is RTX (NYSE:RTX) A Risky Investment?
Mar 18Recent updates
Is RTX Corporation (NYSE:RTX) Trading At A 26% Discount?
Nov 07RTX: Flying To New Highs
Oct 29Locked & Loaded: Why RTX Remains One Of My Best Investment Ideas
Oct 23With RTX Corporation (NYSE:RTX) It Looks Like You'll Get What You Pay For
Oct 17We Think RTX (NYSE:RTX) Is Taking Some Risk With Its Debt
Oct 02RTX: Strong Battle Companion On Your Portfolio
Oct 01RTX: Why I Sold My Position
Sep 05RTX Corporation: Worth $143 Despite Cash Blow
Aug 21RTX Corporation: Set To Reach New Heights, Reiterate Buy
Aug 03Estimating The Fair Value Of RTX Corporation (NYSE:RTX)
Jul 27Investors Appear Satisfied With RTX Corporation's (NYSE:RTX) Prospects
Jul 11RTX: Buying A $140 Stock For $100
Jul 11RTX Corporation: Strong Execution, Organic Growth, But Shares Close To Fair Value
Jul 02RTX Corporation: Cyclical Profit Upside
Jun 26Here's Why RTX (NYSE:RTX) Has A Meaningful Debt Burden
Jun 21RTX: Defense Play With Commercial Growth Engine, A Cautious Buy
May 29RTX (NYSE:RTX) Will Pay A Larger Dividend Than Last Year At $0.63
May 06Why RTX's (NYSE:RTX) Shaky Earnings Are Just The Beginning Of Its Problems
May 03RTX Corporation: A Solid Investment But Looking More Expensive These Days
Apr 29Results: RTX Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Apr 26Even With Big Gains, I'm Still Convinced RTX Is One Of The Best Dividend Stocks On The Market
Apr 23A Look At The Intrinsic Value Of RTX Corporation (NYSE:RTX)
Apr 17Raytheon: Tailwinds From A Defense Boom Will Converge Nicely With Economic Strength
Apr 10Investors Interested In RTX Corporation's (NYSE:RTX) Earnings
Apr 02RTX: Leading Aerospace Company Is Flying High Again
Apr 01Is RTX (NYSE:RTX) A Risky Investment?
Mar 18The Olstein Funds - RTX Corporation: Crisis Creates Opportunity
Mar 09RTX Capitalizes On Secular Trends To Drive Dividend Growth
Mar 01Earnings Report: RTX Corporation Missed Revenue Estimates By 6.0%
Feb 07RTX Corporation Q4: 3% Yield, Strong Growth, 15X P/E
Jan 30Unmasking RTX: Behind The Surge And Concealed Threats
Jan 18With RTX Corporation (NYSE:RTX) It Looks Like You'll Get What You Pay For
Dec 28RTX Corporation: P&W Issues Linger, Price Action Improves, Shares Near Fair Value
Dec 27An Intrinsic Calculation For RTX Corporation (NYSE:RTX) Suggests It's 43% Undervalued
Dec 10Financial 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).