Raytheon Technologies' Debt Overview
Portfolio Pulse from Benzinga Insights
Raytheon Technologies Inc. (NYSE:RTX) has seen its shares decrease by 4.02% in the past three months. The company's total debt stands at $34.49 billion, with net debt at $28.59 billion after adjusting for cash-equivalents. The company's debt-ratio is 0.21, indicating a moderate level of financial leverage. Debt is an important factor in a company's capital structure and can contribute to growth, but also carries risks such as potential default if interest rates increase.
July 10, 2023 | 4:45 pm
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Raytheon Technologies' shares have decreased by 4.02% in the past three months. The company's total debt is $34.49 billion, with a debt-ratio of 0.21, indicating a moderate level of financial leverage.
The decrease in Raytheon Technologies' shares and the company's significant debt level could potentially impact the company's stock price negatively in the short term. The debt-ratio of 0.21 indicates a moderate level of financial leverage, which could put the company at risk if interest rates increase.
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