• RTX average debt/equity ratio for 2023 was 0.51, a 21.43% increase from 2022.
• RTX average debt/equity ratio for 2022 was 0.42, a 0% increase from 2021.
• RTX average debt/equity ratio for 2021 was 0.42, a 28.81% decline from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.