Raytheon Receivables Turnover vs Operating Margin Analysis

RTX Stock  USD 100.02  0.08  0.08%   
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 Receivables Turnover and its Operating Profit Margin 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Receivables Turnover vs Operating Profit Margin

Receivables Turnover vs Operating Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Raytheon Technologies Receivables Turnover account and Operating Margin. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Raytheon Technologies' Receivables Turnover and Operating Margin is 0.55. Overlapping area represents the amount of variation of Receivables Turnover that can explain the historical movement of Operating Margin 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' Receivables Turnover and Operating Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Receivables Turnover of Raytheon Technologies Corp are associated (or correlated) with its Operating Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Margin has no effect on the direction of Receivables Turnover i.e., Raytheon Technologies' Receivables Turnover and Operating Margin go up and down completely randomly.

Correlation Coefficient

0.55
Relationship DirectionPositive 
Relationship StrengthWeak

Receivables Turnover

Operating Profit Margin

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 tightly coupled 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 2024, despite the fact that Discontinued Operations is likely to grow to (16.2 M).
 2021 2022 2023 2024 (projected)
Interest Expense1.3B1.3B1.5B1.6B
Depreciation And Amortization4.6B4.1B4.2B4.4B

Raytheon Technologies fundamental ratios Correlations

0.90.820.960.940.990.870.780.491.00.10.490.980.630.910.60.73-0.230.960.970.190.980.70.950.890.93
0.90.720.90.710.880.990.820.390.90.30.390.910.320.960.590.54-0.470.970.880.520.830.750.770.780.78
0.820.720.910.780.830.70.550.240.79-0.10.240.880.60.650.380.85-0.160.790.89-0.040.770.390.850.610.89
0.960.90.910.880.960.890.730.350.940.040.350.980.590.850.550.81-0.270.950.980.160.920.610.930.780.95
0.940.710.780.880.950.680.590.430.94-0.150.430.920.820.720.460.790.060.820.9-0.090.970.550.980.860.94
0.990.880.830.960.950.850.720.440.990.00.440.980.680.860.530.76-0.160.940.960.160.980.650.970.870.95
0.870.990.70.890.680.850.750.280.870.270.280.890.320.930.550.54-0.430.950.840.530.80.710.740.750.76
0.780.820.550.730.590.720.750.720.770.630.720.740.10.890.740.29-0.750.860.780.520.660.830.60.690.56
0.490.390.240.350.430.440.280.720.490.461.00.40.160.550.650.04-0.480.480.470.260.430.750.390.60.3
1.00.90.790.940.940.990.870.770.490.10.490.980.640.910.590.7-0.20.960.950.20.980.710.940.910.92
0.10.3-0.10.04-0.150.00.270.630.460.10.460.05-0.580.440.55-0.42-0.80.280.090.73-0.070.54-0.190.14-0.24
0.490.390.240.350.430.440.280.721.00.490.460.40.160.550.650.04-0.480.480.470.260.430.750.390.60.3
0.980.910.880.980.920.980.890.740.40.980.050.40.640.870.550.77-0.230.960.980.160.950.660.960.840.95
0.630.320.60.590.820.680.320.10.160.64-0.580.160.640.280.190.730.480.430.58-0.450.740.240.80.660.78
0.910.960.650.850.720.860.930.890.550.910.440.550.870.280.690.47-0.510.970.870.520.830.820.740.830.71
0.60.590.380.550.460.530.550.740.650.590.550.650.550.190.690.29-0.520.650.610.40.490.880.410.710.36
0.730.540.850.810.790.760.540.290.040.7-0.420.040.770.730.470.290.160.640.81-0.310.750.20.820.520.87
-0.23-0.47-0.16-0.270.06-0.16-0.43-0.75-0.48-0.2-0.8-0.48-0.230.48-0.51-0.520.16-0.43-0.3-0.64-0.05-0.55-0.01-0.13-0.03
0.960.970.790.950.820.940.950.860.480.960.280.480.960.430.970.650.64-0.430.950.380.90.760.850.840.84
0.970.880.890.980.90.960.840.780.470.950.090.470.980.580.870.610.81-0.30.950.130.920.650.930.80.93
0.190.52-0.040.16-0.090.160.530.520.260.20.730.260.16-0.450.520.4-0.31-0.640.380.130.060.57-0.060.26-0.07
0.980.830.770.920.970.980.80.660.430.98-0.070.430.950.740.830.490.75-0.050.90.920.060.620.970.890.94
0.70.750.390.610.550.650.710.830.750.710.540.750.660.240.820.880.2-0.550.760.650.570.620.540.840.48
0.950.770.850.930.980.970.740.60.390.94-0.190.390.960.80.740.410.82-0.010.850.93-0.060.970.540.820.99
0.890.780.610.780.860.870.750.690.60.910.140.60.840.660.830.710.52-0.130.840.80.260.890.840.820.76
0.930.780.890.950.940.950.760.560.30.92-0.240.30.950.780.710.360.87-0.030.840.93-0.070.940.480.990.76
Click cells to compare fundamentals

Raytheon Technologies Account Relationship Matchups

Raytheon Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets139.7B162.2B161.4B158.9B161.9B170.0B
Short Long Term Debt Total45.8B33.3B33.1B33.5B45.2B47.5B
Other Current Liab11.7B13.5B12.8B13.4B17.4B18.3B
Total Current Liabilities34.6B35.8B35.4B39.1B46.8B49.1B
Total Stockholder Equity41.8B72.2B73.1B72.6B59.8B62.8B
Property Plant And Equipment Net15.4B16.8B16.9B17.0B17.4B18.3B
Net Debt38.4B24.5B25.3B27.3B38.7B40.6B
Retained Earnings61.6B49.4B50.3B52.3B52.2B54.8B
Cash7.4B8.8B7.8B6.2B6.6B3.5B
Non Current Assets Total102.2B118.8B119.4B116.4B113.5B119.1B
Non Currrent Assets Other12.8B4.0B6.6B6.2B4.6B5.5B
Cash And Short Term Investments7.4B8.8B7.8B6.2B6.6B3.5B
Net Receivables17.7B19.2B21.0B20.6B23.0B24.1B
Common Stock Shares Outstanding863.9M1.4B1.5B1.5B1.4B1.1B
Liabilities And Stockholders Equity139.7B162.2B161.4B158.9B161.9B170.0B
Non Current Liabilities Total60.8B52.4B51.3B45.5B53.7B56.3B
Inventory11.0B9.4B9.2B10.6B11.8B6.9B
Other Current Assets1.5B5.9B4.0B5.0B7.1B7.4B
Other Stockholder Equity(32.6B)(10.4B)(12.7B)(15.5B)(27.0B)(25.6B)
Total Liab95.4B88.3B86.7B84.7B100.4B105.4B
Total Current Assets37.5B43.4B42.1B42.4B48.4B50.8B
Short Term Debt5.9B797M158M1.2B1.5B1.3B
Intangible Assets26.0B40.5B38.5B36.8B35.4B37.2B
Accounts Payable10.8B8.6B8.8B9.9B10.7B5.4B
Accumulated Other Comprehensive Income(10.1B)(3.7B)(1.9B)(2.0B)(2.4B)(2.5B)
Common Stock23.0B36.9B37.4B37.9B37.1B38.9B
Good Will48.1B54.3B54.4B53.8B53.7B29.8B
Common Stock Total Equity23.0B36.9B37.5B37.9B43.6B45.8B
Property Plant And Equipment Gross15.4B16.8B16.9B17.0B33.0B34.7B
Net Tangible Assets(32.2B)(22.6B)(19.9B)(18.0B)(16.2B)(17.0B)
Current Deferred Revenue6.2B12.9B13.7B14.6B17.2B9.2B
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 Investments3.5B3.1B2.8B2.6B2.4B2.3B
Treasury Stock(32.6B)(10.4B)(12.7B)(15.5B)(17.9B)(18.8B)
Non Current Liabilities Other23.0B21.4B10.4B8.4B7.5B12.1B
Property Plant Equipment12.8B15.0B16.9B17.0B19.5B12.9B

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When determining whether Raytheon Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Raytheon Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Raytheon Technologies Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Raytheon Technologies Corp Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
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Is Raytheon Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Raytheon Technologies. If investors know Raytheon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Raytheon Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.091
Dividend Share
2.32
Earnings Share
2.23
Revenue Per Share
48.331
Quarterly Revenue Growth
0.101
The market value of Raytheon Technologies is measured differently than its book value, which is the value of Raytheon that is recorded on the company's balance sheet. Investors also form their own opinion of Raytheon Technologies' value that differs from its market value or its book value, called intrinsic value, which is Raytheon Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Raytheon Technologies' market value can be influenced by many factors that don't directly affect Raytheon Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Raytheon Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Raytheon Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Raytheon Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.