Textron Inc (TXT)
93.30
+0.72
(+0.78%)
USD |
NYSE |
Apr 19, 16:00
93.30
0.00 (0.00%)
After-Hours: 16:17
Textron Debt to Equity Ratio: 0.5545 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.5545 |
| September 30, 2023 | 0.4996 |
| June 30, 2023 | 0.5027 |
| March 31, 2023 | 0.5066 |
| December 31, 2022 | 0.5001 |
| September 30, 2022 | 0.5269 |
| June 30, 2022 | 0.5243 |
| March 31, 2022 | 0.5284 |
| December 31, 2021 | 0.5528 |
| September 30, 2021 | 0.6248 |
| June 30, 2021 | 0.6283 |
| March 31, 2021 | 0.6826 |
| December 31, 2020 | 0.7475 |
| September 30, 2020 | 0.8229 |
| June 30, 2020 | 0.8562 |
| March 31, 2020 | 0.9096 |
| December 31, 2019 | 0.6905 |
| September 30, 2019 | 0.7652 |
| June 30, 2019 | 0.7627 |
| March 31, 2019 | 0.7426 |
| December 31, 2018 | 0.7288 |
| September 30, 2018 | 0.6975 |
| June 30, 2018 | 0.7251 |
| March 31, 2018 | 0.6883 |
| December 31, 2017 | 0.6928 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.7362 |
| June 30, 2017 | 0.7047 |
| March 31, 2017 | 0.7372 |
| December 31, 2016 | 0.6602 |
| September 30, 2016 | 0.6763 |
| June 30, 2016 | 0.7543 |
| March 31, 2016 | 0.8012 |
| December 31, 2015 | 0.7272 |
| September 30, 2015 | 0.8032 |
| June 30, 2015 | 0.844 |
| March 31, 2015 | 0.8759 |
| December 31, 2014 | 0.9068 |
| September 30, 2014 | 0.8679 |
| June 30, 2014 | 0.9299 |
| March 31, 2014 | 1.025 |
| December 31, 2013 | 0.727 |
| September 30, 2013 | 0.9212 |
| June 30, 2013 | 1.068 |
| March 31, 2013 | 1.186 |
| December 31, 2012 | 1.333 |
| September 30, 2012 | 1.231 |
| June 30, 2012 | 1.330 |
| March 31, 2012 | 1.480 |
| December 31, 2011 | 1.615 |
| September 30, 2011 | 1.640 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.4996
Minimum
Sep 2023
0.9096
Maximum
Mar 2020
0.6414
Average
0.6248
Median
Sep 2021
Debt to Equity Ratio Benchmarks
| Boeing Co | -3.021 |
| Lockheed Martin Corp | 2.554 |
| General Dynamics Corp | 0.4348 |
| AeroVironment Inc | 0.0477 |
| TransDigm Group Inc | -9.955 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 16.86B |
| Total Liabilities (Quarterly) | 9.869B |
| Shareholders Equity (Quarterly) | 6.987B |
| Current Ratio | 1.920 |
| Net Debt Paydown Yield | -0.40% |