Illinois Tool Works Quick Ratio 2010-2024 | ITW

Illinois Tool Works quick ratio for the quarter ending September 30, 2024 was 0.97.

  • Illinois Tool Works average quick ratio for 2023 was 1.01, a 2.88% decline from 2022.
  • Illinois Tool Works average quick ratio for 2022 was 1.04, a 38.82% decline from 2021.
  • Illinois Tool Works average quick ratio for 2021 was 1.7, a 17.87% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.

Illinois Tool Works Quick Ratio 2010-2024 | ITW

  • Illinois Tool Works average quick ratio for 2023 was 1.01, a 2.88% decline from 2022.
  • Illinois Tool Works average quick ratio for 2022 was 1.04, a 38.82% decline from 2021.
  • Illinois Tool Works average quick ratio for 2021 was 1.7, a 17.87% decline from 2020.

Quick ratio can be defined as a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated by subtracting inventory from current assets and dividing by current liabilities.