Current Ratio
since 2005
Calculation
Raytheon Technologies Corp., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| 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 (filing date: 2021-02-08), 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-05), 10-K (filing date: 2014-02-06), 10-K (filing date: 2013-02-07), 10-K (filing date: 2012-02-09), 10-K (filing date: 2011-02-10), 10-K (filing date: 2010-02-11), 10-K (filing date: 2009-02-11), 10-K (filing date: 2008-02-07), 10-K (filing date: 2007-02-08), 10-K (filing date: 2006-02-09).
1 US$ in millions
Comparison to Competitors
Raytheon Technologies Corp., current ratio, long-term trends, comparison to competitors
| Raytheon Technologies Corp. | 3M Co. | Boeing Co. | Caterpillar Inc. | General Electric Co. | Honeywell International Inc. | Illinois Tool Works Inc. | Lockheed Martin Corp. | Northrop Grumman Corp. | |
|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2020 | 1.21 | 1.89 | 1.39 | 1.53 | 1.58 | 1.47 | 2.52 | 1.39 | 1.60 |
| Dec 31, 2019 | 1.08 | 1.41 | 1.05 | 1.47 | 1.16 | 1.34 | 2.90 | 1.22 | 1.13 |
| Dec 31, 2018 | 1.13 | 1.89 | 1.08 | 1.37 | — | 1.29 | 1.63 | 1.12 | 1.17 |
| Dec 31, 2017 | 1.35 | 1.86 | 1.16 | 1.35 | — | 1.38 | 2.38 | 1.38 | 2.35 |
| Dec 31, 2016 | 1.30 | 1.89 | 1.25 | 1.22 | — | 1.41 | 2.22 | 1.20 | 1.22 |
| Dec 31, 2015 | 1.18 | 1.54 | 1.35 | 1.31 | — | 1.09 | 2.84 | 1.15 | 1.16 |
| Dec 31, 2014 | 1.30 | 1.96 | 1.20 | 1.39 | — | 1.50 | 2.29 | 1.11 | 1.39 |
| Dec 31, 2013 | 1.29 | 1.70 | 1.26 | 1.40 | — | 1.49 | 1.63 | 1.20 | 1.63 |
| Dec 31, 2012 | 1.24 | 2.20 | 1.27 | 1.43 | — | 1.35 | 3.00 | 1.14 | 1.39 |
| Dec 31, 2011 | 1.38 | 2.25 | 1.21 | 1.33 | — | 1.31 | 2.30 | 1.16 | 1.26 |
| Dec 31, 2010 | 1.33 | 2.01 | 1.15 | 1.44 | — | 1.28 | 1.93 | 1.15 | 1.18 |
| Dec 31, 2009 | 1.29 | 2.20 | 1.07 | 1.39 | — | 1.25 | 2.00 | 1.17 | 1.24 |
| Dec 31, 2008 | 1.24 | 1.64 | 0.84 | 1.21 | — | 1.08 | 1.21 | 1.01 | 0.97 |
| Dec 31, 2007 | 1.26 | 1.83 | 0.86 | 1.15 | — | 1.15 | 2.08 | 1.11 | 1.05 |
| Dec 31, 2006 | 1.24 | 1.22 | 0.77 | 1.20 | — | 1.21 | 1.97 | 1.06 | 0.99 |
| Dec 31, 2005 | 1.12 | 1.36 | 0.78 | 1.19 | — | 1.15 | 2.06 | 1.12 | 0.95 |
Based on: 10-K (filing date: 2021-02-08), 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-05), 10-K (filing date: 2014-02-06), 10-K (filing date: 2013-02-07), 10-K (filing date: 2012-02-09), 10-K (filing date: 2011-02-10), 10-K (filing date: 2010-02-11), 10-K (filing date: 2009-02-11), 10-K (filing date: 2008-02-07), 10-K (filing date: 2007-02-08), 10-K (filing date: 2006-02-09).
Comparison to Sector (Capital Goods)
Raytheon Technologies Corp., current ratio, long-term trends, comparison to sector (capital goods)
| Raytheon Technologies Corp. | Capital Goods | |
|---|---|---|
| Dec 31, 2020 | 1.21 | 1.46 |
| Dec 31, 2019 | 1.08 | 1.18 |
| Dec 31, 2018 | 1.13 | 1.20 |
| Dec 31, 2017 | 1.35 | 1.38 |
| Dec 31, 2016 | 1.30 | 1.31 |
| Dec 31, 2015 | 1.18 | 1.29 |
| Dec 31, 2014 | 1.30 | 1.34 |
| Dec 31, 2013 | 1.29 | 1.36 |
| Dec 31, 2012 | 1.24 | 1.38 |
| Dec 31, 2011 | 1.38 | 1.34 |
| Dec 31, 2010 | 1.33 | 1.31 |
| Dec 31, 2009 | 1.29 | 1.28 |
| Dec 31, 2008 | 1.24 | 1.09 |
| Dec 31, 2007 | 1.26 | 1.13 |
| Dec 31, 2006 | 1.24 | 1.08 |
| Dec 31, 2005 | 1.12 | 1.06 |
Based on: 10-K (filing date: 2021-02-08), 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-05), 10-K (filing date: 2014-02-06), 10-K (filing date: 2013-02-07), 10-K (filing date: 2012-02-09), 10-K (filing date: 2011-02-10), 10-K (filing date: 2010-02-11), 10-K (filing date: 2009-02-11), 10-K (filing date: 2008-02-07), 10-K (filing date: 2007-02-08), 10-K (filing date: 2006-02-09).
Comparison to Industry (Industrials)
Raytheon Technologies Corp., current ratio, long-term trends, comparison to industry (industrials)
| Raytheon Technologies Corp. | Industrials | |
|---|---|---|
| Dec 31, 2020 | 1.21 | 1.44 |
| Dec 31, 2019 | 1.08 | 1.18 |
| Dec 31, 2018 | 1.13 | 1.19 |
| Dec 31, 2017 | 1.35 | 1.35 |
| Dec 31, 2016 | 1.30 | 1.29 |
| Dec 31, 2015 | 1.18 | 1.30 |
| Dec 31, 2014 | 1.30 | 1.35 |
| Dec 31, 2013 | 1.29 | 1.38 |
| Dec 31, 2012 | 1.24 | 1.39 |
| Dec 31, 2011 | 1.38 | 1.35 |
| Dec 31, 2010 | 1.33 | 1.34 |
| Dec 31, 2009 | 1.29 | 1.30 |
| Dec 31, 2008 | 1.24 | 1.09 |
| Dec 31, 2007 | 1.26 | 1.12 |
| Dec 31, 2006 | 1.24 | 1.09 |
| Dec 31, 2005 | 1.12 | 1.08 |
Based on: 10-K (filing date: 2021-02-08), 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-05), 10-K (filing date: 2014-02-06), 10-K (filing date: 2013-02-07), 10-K (filing date: 2012-02-09), 10-K (filing date: 2011-02-10), 10-K (filing date: 2010-02-11), 10-K (filing date: 2009-02-11), 10-K (filing date: 2008-02-07), 10-K (filing date: 2007-02-08), 10-K (filing date: 2006-02-09).