Raytheon Technologies Corp

RTX
Failed

Company Overview

RTX Corp. is an aerospace and defense company, which engages in the provision of aerospace and defense systems and services for commercial, military, and government customers. It operates through the following segments: Collins Aerospace Systems (Collins), Pratt and Whitney, Raytheon Intelligence and Space (RIS), and Raytheon Missiles and Defense (RMD). The Collins segment manufactures and sells aero structures, avionics, interiors, mechanical systems, mission systems, and power controls. The Pratt and Whitney segment includes the design and manufacture of aircraft engines and auxiliary power systems for commercial, military, and business aircraft. The RIS segment is involved in the development of sensors, training, and cyber and software solutions. The RMD segment offers end-to-end solutions to detect, track, and engage threats. The company was founded in 1922 and is headquartered in Arlington, VA.

Country
US
Market Cap
$111.91B
Last Fiscal Year
2023
Final Shariah Status
Failed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
30.30% failed
5% Threshold
30.3%
Liabilities Compliance
40.43% failed
33% Threshold
40.4%
Final Shariah Status
Failed

This stock does not meet all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name Raytheon Technologies Corp
Ticker RTX
Main Business Aerospace & Defense
Type Common Stock
Industry Aerospace & Defense
Country US
Market Cap $111.91 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Products sales $50,773.0 $20,309.0 having Air Missile
Services sales $16,301.0 $0.0 -
Other income $120.0 $0.0 -
Interest income $70.0 $70.0 -
Total $67,264.0 $20,379.0 30.30% (failed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
current debt and capital lease obligation $1,470,000,000.0 1.31%
long term debt and capital lease obligation $43,770,000,000.0 39.11%
Total Interest-Bearing Debt $45,240,000,000.0 40.43%
Market Capitalization $111,906,200,000.0 100.00%
Compliance Status Threshold: 33% failed