Illinois Tool Works Current Ratio 2010-2024 | ITW
- Illinois Tool Works average current ratio for 2023 was 1.43, a 5.3% decline from 2022.
- Illinois Tool Works average current ratio for 2022 was 1.51, a 31.05% decline from 2021.
- Illinois Tool Works average current ratio for 2021 was 2.19, a 15.44% decline from 2020.
Current ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations.