Raytheon Free Cash Flow vs Stock Based Compensation Analysis

RTX Stock  USD 120.61  1.96  1.65%   
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 Free Cash Flow and its Stock Based Compensation 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 closely tied with the direction of predictive economic indicators such as signals in estimate.

Free Cash Flow vs Stock Based Compensation

Free Cash Flow vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Raytheon Technologies Free Cash Flow account and Stock Based Compensation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Raytheon Technologies' Free Cash Flow and Stock Based Compensation is 0.56. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Stock Based Compensation 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' Free Cash Flow and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of Raytheon Technologies Corp are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Free Cash Flow i.e., Raytheon Technologies' Free Cash Flow and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
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 closely tied 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 Amortization4.3B3.8B4.2B4.4B

Raytheon Technologies fundamental ratios Correlations

0.90.820.960.940.990.870.780.491.00.160.490.980.630.910.60.73-0.230.960.970.190.980.70.950.890.93
0.90.720.90.710.880.990.820.390.90.390.390.910.320.960.590.54-0.470.970.880.520.830.750.770.780.78
0.820.720.910.780.830.70.550.240.79-0.010.240.880.60.650.380.85-0.160.790.89-0.040.770.390.850.610.89
0.960.90.910.880.960.890.730.350.940.130.350.980.590.850.550.81-0.280.950.980.160.920.610.930.780.95
0.940.710.780.880.950.680.590.430.94-0.110.430.920.820.720.460.790.060.820.9-0.090.970.550.980.860.94
0.990.880.830.960.950.850.720.440.990.070.440.980.680.860.530.76-0.160.940.960.160.980.650.970.870.95
0.870.990.70.890.680.850.750.280.870.350.280.890.320.930.550.54-0.430.950.840.530.80.710.740.750.76
0.780.820.550.730.590.720.750.720.770.680.720.740.10.890.740.29-0.750.860.780.520.660.830.60.690.56
0.490.390.240.350.430.440.280.720.490.491.00.40.160.550.650.05-0.480.480.470.260.430.750.390.60.3
1.00.90.790.940.940.990.870.770.490.160.490.980.640.910.590.7-0.20.960.950.20.980.710.940.910.92
0.160.39-0.010.13-0.110.070.350.680.490.160.490.13-0.520.490.64-0.34-0.860.350.170.75-0.020.63-0.120.21-0.16
0.490.390.240.350.430.440.280.721.00.490.490.40.160.550.650.05-0.480.480.470.260.430.750.390.60.3
0.980.910.880.980.920.980.890.740.40.980.130.40.640.870.550.77-0.230.960.980.160.950.660.960.840.95
0.630.320.60.590.820.680.320.10.160.64-0.520.160.640.280.190.730.480.430.58-0.450.740.240.80.660.78
0.910.960.650.850.720.860.930.890.550.910.490.550.870.280.690.47-0.510.970.870.520.830.820.740.830.71
0.60.590.380.550.460.530.550.740.650.590.640.650.550.190.690.29-0.520.650.610.40.490.880.410.710.36
0.730.540.850.810.790.760.540.290.050.7-0.340.050.770.730.470.290.170.640.81-0.310.750.20.820.520.87
-0.23-0.47-0.16-0.280.06-0.16-0.43-0.75-0.48-0.2-0.86-0.48-0.230.48-0.51-0.520.17-0.43-0.3-0.64-0.06-0.56-0.01-0.13-0.03
0.960.970.790.950.820.940.950.860.480.960.350.480.960.430.970.650.64-0.430.950.380.90.760.850.840.84
0.970.880.890.980.90.960.840.780.470.950.170.470.980.580.870.610.81-0.30.950.130.920.650.930.80.93
0.190.52-0.040.16-0.090.160.530.520.260.20.750.260.16-0.450.520.4-0.31-0.640.380.130.060.57-0.060.26-0.07
0.980.830.770.920.970.980.80.660.430.98-0.020.430.950.740.830.490.75-0.060.90.920.060.620.970.890.94
0.70.750.390.610.550.650.710.830.750.710.630.750.660.240.820.880.2-0.560.760.650.570.620.540.840.48
0.950.770.850.930.980.970.740.60.390.94-0.120.390.960.80.740.410.82-0.010.850.93-0.060.970.540.820.99
0.890.780.610.780.860.870.750.690.60.910.210.60.840.660.830.710.52-0.130.840.80.260.890.840.820.76
0.930.780.890.950.940.950.760.560.30.92-0.160.30.950.780.710.360.87-0.030.840.93-0.070.940.480.990.76
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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 Other12.8B4.0B6.6B6.2B7.0B5.6B
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 Assets1.5B6.0B4.0B5.0B7.1B7.4B
Other Stockholder Equity(32.6B)(10.5B)(12.8B)(15.6B)(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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