| 0R2N Stock | | | 116.88 1.56 1.35% |
Raytheon Technologies financial indicator trend analysis is much more than just breaking down Raytheon Technologies prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Raytheon Technologies is a good investment. Please check the relationship between Raytheon Technologies Retained Earnings and its Total Assets accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Raytheon Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Retained Earnings vs Total Assets
Retained Earnings vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Raytheon Technologies Retained Earnings account and
Total Assets. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Raytheon Technologies' Retained Earnings and Total Assets is -0.59. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Total Assets in the same time period over historical financial statements of Raytheon Technologies Corp, assuming nothing else is changed. The correlation between historical values of Raytheon Technologies' Retained Earnings and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Raytheon Technologies Corp are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Retained Earnings i.e., Raytheon Technologies' Retained Earnings and Total Assets go up and down completely randomly.
Correlation Coefficient | -0.59 |
| Relationship Direction | Negative |
| Relationship Strength | Very Weak |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Total Assets
Total assets refers to the total amount of Raytheon Technologies assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Raytheon Technologies books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from Raytheon Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Raytheon Technologies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Raytheon Technologies Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Tax Provision is likely to drop to about 686.2
M in 2024.
Discontinued Operations is likely to gain to about (16.2
M) in 2024
Raytheon Technologies fundamental ratios Correlations
Click cells to compare fundamentals
Raytheon Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Raytheon Technologies fundamental ratios Accounts
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Additional Tools for Raytheon Stock Analysis
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measure Raytheon Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Raytheon Technologies is operating at the current time. Most of Raytheon Technologies' value examination focuses on studying past and present price action to
predict the probability of Raytheon Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Raytheon Technologies' price. Additionally, you may evaluate how the addition of Raytheon Technologies to your portfolios can decrease your overall portfolio volatility.