Current Ratio
since 2005
Calculation
RTX Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.04 | = | 48,417) | ÷ | 46,761) |
| Dec 31, 2022 | 1.09 | = | 42,443) | ÷ | 39,114) |
| Dec 31, 2021 | 1.19 | = | 42,050) | ÷ | 35,449) |
| Dec 31, 2020 | 1.21 | = | 43,376) | ÷ | 35,848) |
| Dec 31, 2019 | 1.08 | = | 37,497) | ÷ | 34,586) |
| Dec 31, 2018 | 1.13 | = | 35,503) | ÷ | 31,368) |
| Dec 31, 2017 | 1.35 | = | 32,858) | ÷ | 24,391) |
| Dec 31, 2016 | 1.30 | = | 28,550) | ÷ | 21,906) |
| Dec 31, 2015 | 1.18 | = | 26,706) | ÷ | 22,618) |
| Dec 31, 2014 | 1.30 | = | 29,758) | ÷ | 22,895) |
| Dec 31, 2013 | 1.29 | = | 29,442) | ÷ | 22,800) |
| Dec 31, 2012 | 1.24 | = | 29,610) | ÷ | 23,786) |
| Dec 31, 2011 | 1.38 | = | 25,758) | ÷ | 18,616) |
| Dec 31, 2010 | 1.33 | = | 23,510) | ÷ | 17,732) |
| Dec 31, 2009 | 1.29 | = | 23,194) | ÷ | 17,913) |
| Dec 31, 2008 | 1.24 | = | 24,099) | ÷ | 19,434) |
| Dec 31, 2007 | 1.26 | = | 22,071) | ÷ | 17,469) |
| Dec 31, 2006 | 1.24 | = | 18,844) | ÷ | 15,208) |
| Dec 31, 2005 | 1.12 | = | 17,206) | ÷ | 15,345) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
RTX Corp., current ratio, long-term trends, comparison to competitors
| RTX Corp. | Boeing Co. | Caterpillar Inc. | Eaton Corp. plc | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 1.04 | 1.14 | 1.35 | 1.51 | 1.18 | 1.27 | 1.21 |
| Dec 31, 2022 | 1.09 | 1.22 | 1.39 | 1.38 | 1.16 | 1.25 | 1.32 |
| Dec 31, 2021 | 1.19 | 1.33 | 1.46 | 1.04 | 1.28 | 1.30 | 1.42 |
| Dec 31, 2020 | 1.21 | 1.39 | 1.53 | 1.56 | 1.58 | 1.47 | 1.39 |
| Dec 31, 2019 | 1.08 | 1.05 | 1.47 | 1.70 | 1.16 | 1.34 | 1.22 |
| Dec 31, 2018 | 1.13 | 1.08 | 1.37 | 1.47 | — | 1.29 | 1.12 |
| Dec 31, 2017 | 1.35 | 1.16 | 1.35 | 1.64 | — | 1.38 | 1.38 |
| Dec 31, 2016 | 1.30 | 1.25 | 1.22 | 1.27 | — | 1.41 | 1.20 |
| Dec 31, 2015 | 1.18 | 1.35 | 1.31 | 1.43 | — | 1.09 | 1.15 |
| Dec 31, 2014 | 1.30 | 1.20 | 1.39 | 1.51 | — | 1.50 | 1.11 |
| Dec 31, 2013 | 1.29 | 1.26 | 1.40 | 1.78 | — | 1.49 | 1.20 |
| Dec 31, 2012 | 1.24 | 1.27 | 1.43 | 1.44 | — | 1.35 | 1.14 |
| Dec 31, 2011 | 1.38 | 1.21 | 1.33 | 1.60 | — | 1.31 | 1.16 |
| Dec 31, 2010 | 1.33 | 1.15 | 1.44 | 1.70 | — | 1.28 | 1.15 |
| Dec 31, 2009 | 1.29 | 1.07 | 1.39 | 1.68 | — | 1.25 | 1.17 |
| Dec 31, 2008 | 1.24 | 0.84 | 1.21 | 1.28 | — | 1.08 | 1.01 |
| Dec 31, 2007 | 1.26 | 0.86 | 1.15 | 1.30 | — | 1.15 | 1.11 |
| Dec 31, 2006 | 1.24 | 0.77 | 1.20 | 1.29 | — | 1.21 | 1.06 |
| Dec 31, 2005 | 1.12 | 0.78 | 1.19 | 1.21 | — | 1.15 | 1.12 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Capital Goods)
RTX Corp., current ratio, long-term trends, comparison to sector (capital goods)
| RTX Corp. | Capital Goods | |
|---|---|---|
| Dec 31, 2023 | 1.04 | 1.18 |
| Dec 31, 2022 | 1.09 | 1.22 |
| Dec 31, 2021 | 1.19 | 1.31 |
| Dec 31, 2020 | 1.21 | 1.43 |
| Dec 31, 2019 | 1.08 | 1.17 |
| Dec 31, 2018 | 1.13 | 1.17 |
| Dec 31, 2017 | 1.35 | 1.29 |
| Dec 31, 2016 | 1.30 | 1.27 |
| Dec 31, 2015 | 1.18 | 1.26 |
| Dec 31, 2014 | 1.30 | 1.29 |
| Dec 31, 2013 | 1.29 | 1.34 |
| Dec 31, 2012 | 1.24 | 1.31 |
| Dec 31, 2011 | 1.38 | 1.29 |
| Dec 31, 2010 | 1.33 | 1.28 |
| Dec 31, 2009 | 1.29 | 1.23 |
| Dec 31, 2008 | 1.24 | 1.07 |
| Dec 31, 2007 | 1.26 | 1.08 |
| Dec 31, 2006 | 1.24 | 1.05 |
| Dec 31, 2005 | 1.12 | 1.03 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
RTX Corp., current ratio, long-term trends, comparison to industry (industrials)
| RTX Corp. | Industrials | |
|---|---|---|
| Dec 31, 2023 | 1.04 | 1.18 |
| Dec 31, 2022 | 1.09 | 1.21 |
| Dec 31, 2021 | 1.19 | 1.30 |
| Dec 31, 2020 | 1.21 | 1.42 |
| Dec 31, 2019 | 1.08 | 1.19 |
| Dec 31, 2018 | 1.13 | 1.17 |
| Dec 31, 2017 | 1.35 | 1.29 |
| Dec 31, 2016 | 1.30 | 1.27 |
| Dec 31, 2015 | 1.18 | 1.28 |
| Dec 31, 2014 | 1.30 | 1.31 |
| Dec 31, 2013 | 1.29 | 1.38 |
| Dec 31, 2012 | 1.24 | 1.35 |
| Dec 31, 2011 | 1.38 | 1.33 |
| Dec 31, 2010 | 1.33 | 1.32 |
| Dec 31, 2009 | 1.29 | 1.26 |
| Dec 31, 2008 | 1.24 | 1.09 |
| Dec 31, 2007 | 1.26 | 1.09 |
| Dec 31, 2006 | 1.24 | 1.07 |
| Dec 31, 2005 | 1.12 | 1.06 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).