Raytheon Common Stock Total Equity vs Accounts Payable Analysis

RTX Stock  USD 122.41  3.43  2.73%   
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 Common Stock Total Equity and its Accounts Payable accounts. Check out Your Equity Center 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 estimate.

Common Stock Total Equity vs Accounts Payable

Common Stock Total Equity vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Raytheon Technologies Common Stock Total Equity account and Accounts Payable. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Raytheon Technologies' Common Stock Total Equity and Accounts Payable is 0.81. Overlapping area represents the amount of variation of Common Stock Total Equity that can explain the historical movement of Accounts Payable 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' Common Stock Total Equity and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Total Equity of Raytheon Technologies Corp are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Common Stock Total Equity i.e., Raytheon Technologies' Common Stock Total Equity and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.81
Relationship DirectionPositive 
Relationship StrengthStrong

Common Stock Total Equity

The total value of common stock equity held by shareholders, representing their ownership interest in the company.

Accounts Payable

An accounting item on the balance sheet that represents Raytheon Technologies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Raytheon Technologies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
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 Your Equity Center 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 estimate.
At this time, Raytheon Technologies' Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.07 in 2025, despite the fact that Discontinued Operations is likely to grow to (16.2 M).
 2022 2023 2024 2025 (projected)
Interest Expense1.3B1.5B2.0B2.1B
Depreciation And Amortization3.8B4.2B4.4B4.6B

Raytheon Technologies fundamental ratios Correlations

0.90.620.940.940.990.880.780.451.00.040.450.970.660.890.640.76-0.250.970.960.050.970.880.950.90.93
0.90.530.860.720.880.990.830.410.90.270.410.880.370.960.670.54-0.490.970.860.390.830.930.770.830.76
0.620.530.830.550.670.560.38-0.130.57-0.25-0.130.780.420.390.250.79-0.170.630.76-0.330.540.740.680.340.77
0.940.860.830.850.950.860.70.240.91-0.060.240.990.620.780.590.86-0.290.930.98-0.070.880.920.920.760.95
0.940.720.550.850.950.70.60.410.95-0.190.410.90.840.720.510.790.030.830.89-0.180.970.710.980.870.94
0.990.880.670.950.950.860.720.390.98-0.060.390.970.710.830.590.79-0.190.940.960.00.970.870.970.880.96
0.880.990.560.860.70.860.770.290.880.230.290.880.370.930.640.56-0.440.950.840.380.810.910.750.810.75
0.780.830.380.70.60.720.770.70.780.580.70.720.130.90.720.33-0.750.860.760.420.670.850.610.690.58
0.450.41-0.130.240.410.390.290.70.470.461.00.30.130.570.550.01-0.470.440.380.320.430.350.350.550.26
1.00.90.570.910.950.980.880.780.470.050.470.950.660.90.630.71-0.220.960.940.080.980.860.940.930.92
0.040.27-0.25-0.06-0.19-0.060.230.580.460.050.46-0.05-0.60.420.41-0.45-0.760.210.00.75-0.110.24-0.230.08-0.27
0.450.41-0.130.240.410.390.290.71.00.470.460.30.130.570.550.01-0.470.440.380.320.430.350.350.550.26
0.970.880.780.990.90.970.880.720.30.95-0.050.30.650.810.580.83-0.250.950.98-0.050.920.920.950.820.97
0.660.370.420.620.840.710.370.130.130.66-0.60.130.650.30.280.750.420.480.61-0.490.760.340.820.680.79
0.890.960.390.780.720.830.930.90.570.90.420.570.810.30.710.45-0.520.950.820.440.830.860.720.850.69
0.640.670.250.590.510.590.640.720.550.630.410.550.580.280.710.42-0.520.690.650.290.550.640.490.740.46
0.760.540.790.860.790.790.560.330.010.71-0.450.010.830.750.450.420.10.670.84-0.450.750.630.840.570.87
-0.25-0.49-0.17-0.290.03-0.19-0.44-0.75-0.47-0.22-0.76-0.47-0.250.42-0.52-0.520.1-0.44-0.31-0.56-0.08-0.56-0.05-0.16-0.06
0.970.970.630.930.830.940.950.860.440.960.210.440.950.480.950.690.67-0.440.950.220.90.950.860.860.86
0.960.860.760.980.890.960.840.760.380.940.00.380.980.610.820.650.84-0.310.95-0.060.90.920.930.80.94
0.050.39-0.33-0.07-0.180.00.380.420.320.080.750.32-0.05-0.490.440.29-0.45-0.560.22-0.06-0.040.21-0.190.18-0.24
0.970.830.540.880.970.970.810.670.430.98-0.110.430.920.760.830.550.75-0.080.90.9-0.040.780.960.920.93
0.880.930.740.920.710.870.910.850.350.860.240.350.920.340.860.640.63-0.560.950.920.210.780.790.710.81
0.950.770.680.920.980.970.750.610.350.94-0.230.350.950.820.720.490.84-0.050.860.93-0.190.960.790.840.99
0.90.830.340.760.870.880.810.690.550.930.080.550.820.680.850.740.57-0.160.860.80.180.920.710.840.79
0.930.760.770.950.940.960.750.580.260.92-0.270.260.970.790.690.460.87-0.060.860.94-0.240.930.810.990.79
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Raytheon Technologies Account Relationship Matchups

Raytheon Technologies fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets162.2B161.4B158.9B161.9B162.9B171.0B
Short Long Term Debt Total33.3B33.1B33.5B45.2B40.5B42.6B
Other Current Liab13.5B12.8B13.4B17.4B38.4B40.3B
Total Current Liabilities35.8B35.4B39.1B46.8B51.5B54.1B
Total Stockholder Equity72.2B73.1B72.6B59.8B60.2B63.2B
Property Plant And Equipment Net16.8B16.9B17.0B17.4B18.0B18.9B
Net Debt24.5B25.3B27.3B38.7B35.0B36.7B
Retained Earnings49.4B50.3B52.3B52.2B53.6B56.3B
Cash8.8B7.8B6.2B6.6B5.6B3.6B
Non Current Assets Total118.8B119.4B116.4B113.5B111.7B117.3B
Non Currrent Assets Other4.0B6.6B6.2B4.6B5.3B5.5B
Cash And Short Term Investments8.8B7.8B6.2B6.6B5.6B3.6B
Net Receivables19.2B21.0B20.6B23.0B25.5B26.8B
Common Stock Shares Outstanding1.4B1.5B1.5B1.4B1.3B1.1B
Liabilities And Stockholders Equity162.2B161.4B158.9B161.9B162.9B171.0B
Non Current Liabilities Total52.4B51.3B45.5B53.7B49.4B51.9B
Inventory9.4B9.2B10.6B11.8B12.8B7.0B
Other Current Assets6.0B4.0B5.0B7.1B7.2B7.6B
Other Stockholder Equity(10.5B)(12.8B)(15.6B)(27.0B)(27.1B)(25.8B)
Total Liab88.3B86.7B84.7B100.4B100.9B105.9B
Total Current Assets43.4B42.1B42.4B48.4B51.1B53.7B
Short Term Debt797M158M1.2B1.5B183M173.9M
Intangible Assets40.5B38.5B36.8B35.4B33.4B35.1B
Accounts Payable8.6B8.8B9.9B10.7B12.9B13.5B
Accumulated Other Comprehensive Income(3.7B)(1.9B)(2.0B)(2.4B)(3.8B)(3.9B)
Common Stock36.9B37.4B37.9B37.1B37.4B39.3B
Good Will54.3B54.4B53.8B53.7B52.8B30.9B
Common Stock Total Equity23.0B36.9B37.5B37.9B43.6B45.8B
Property Plant And Equipment Gross16.8B16.9B17.0B33.0B34.6B36.4B
Net Tangible Assets(32.2B)(22.6B)(19.9B)(18.0B)(16.2B)(17.0B)
Current Deferred Revenue12.9B13.7B14.6B17.2B19.8B20.7B
Noncontrolling Interest In Consolidated Entity2.5B1.7B1.6B1.5B1.8B1.8B
Retained Earnings Total Equity61.6B49.4B50.3B52.3B60.1B54.2B
Long Term Debt Total37.8B31.0B31.3B30.7B35.3B29.7B
Long Term Investments3.1B2.8B2.6B2.4B2.2B2.4B
Treasury Stock(32.6B)(10.4B)(12.7B)(15.5B)(17.9B)(18.8B)
Non Current Liabilities Other21.4B10.4B8.4B7.5B6.9B11.6B
Property Plant Equipment12.8B15.0B16.9B17.0B19.5B12.9B

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