Common-Size Balance Sheet: Assets
Paying user area
Try for free
RTX Corp. pages available for free this week:
- Balance Sheet: Assets
- Common-Size Income Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Profitability Ratios
- Analysis of Long-term (Investment) Activity Ratios
- Enterprise Value (EV)
- Current Ratio since 2005
- Price to Operating Profit (P/OP) since 2005
- Price to Book Value (P/BV) since 2005
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to RTX Corp. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
RTX Corp., common-size consolidated balance sheet: assets
Based on: 10-K (reporting date: 2024-12-31), 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).
- Cash and cash equivalents
- There is a gradual decline from 5.43% in 2020 to 3.43% in 2024, indicating a decreasing proportion of liquid assets relative to total assets over the periods.
- Accounts receivable, net
- The percentage shows a slight upward trend overall, increasing from 5.71% in 2020 to 6.74% in 2024, with a noticeable increase after 2021, reflecting a growing share of credit sales or delayed collections in total assets.
- Contract assets
- Contract assets steadily increase from 6.12% in 2020 to 8.95% in 2024, showing an expanding role of recognized revenue related to unbilled work, which may point toward higher project activity or extended billing cycles.
- Inventory, net
- Inventory as a percentage of total assets rises consistently from 5.8% in 2020 to 7.84% in 2024, suggesting a build-up in stock levels that may indicate increased production or slower turnover.
- Other assets, current
- This category fluctuates but overall increases from 3.69% in 2020 to 4.45% in 2024, with a dip in 2021 followed by recovery, which could reflect changes in miscellaneous current assets or reclassification effects.
- Current assets
- Current assets’ share of total assets grows from 26.75% in 2020 to 31.4% in 2024, driven mainly by increases in accounts receivable, contract assets, and inventory, indicating a higher proportion of short-term assets on the balance sheet.
- Customer financing assets
- There is a gradual decline from 1.94% in 2020 to 1.38% in 2024, which may suggest reduced extent of financing extended to customers or better management of such receivables.
- Fixed assets, net
- Fixed assets maintain a relatively stable and slightly increasing trend, from 9.23% in 2020 to 9.88% in 2024, indicating sustained investment or steady valuation of property, plant, and equipment in relation to total assets.
- Operating lease right-of-use assets
- This item remains fairly steady with minor fluctuations between 1.16% and 1.21% initially, dipping to 1.01% in 2023 and slightly rising to 1.14% in 2024, suggesting stable lease commitments recorded as assets.
- Goodwill
- Goodwill presents a slight downward trend from 33.48% in 2020 to 32.41% in 2024, indicating minor amortization or impairments, or potentially lower relative value as total assets increase elsewhere.
- Intangible assets, net
- A consistent decrease is observed, from 25% in 2020 to 20.53% in 2024, indicating amortization or impairment of intangible assets such as patents or trademarks over time.
- Other assets
- Other assets fluctuate moderately, rising from 2.45% in 2020 to 4.1% in 2021, then declining and stabilizing around 3.25% in 2024, showing some variability in non-core or miscellaneous long-term asset holdings.
- Long-term assets
- The proportion of long-term assets gradually decreases from 73.25% in 2020 to 68.6% in 2024, reflecting a shift in asset composition towards current assets, which may signal changes in asset utilization or strategy.
- Total assets
- By definition, total assets remain constant at 100% for each year; the analysis focuses on shifts within this base.