Current Ratio
Updated 318h ago
Sector Performance
48th percentileITW
1.19x
Sector Median
1.20x
Sector Avg
2.57x
Deep Analysis
The current ratio, which measures a company’s ability to cover short-term obligations with its short-term assets, stands at 1.19x for ITW.
This places it just below the sector median of 1.21x, ranking in the 48th percentile among sector peers — essentially in line with the typical peer. No trend data is available: the year-over-year change is N/A, the quarter-over-quarter change is N/A, and there are no historical values beyond the current 1.19x. The combination of a level near the sector median and no discernible trend offers neither a clear risk nor a distinct opportunity, as the absence of movement limits any directional insight. This metric supports the overall CAUTIOUS verdict — a ratio that is slightly below the median and without trend data does not provide a compelling reason to be bullish.
Frequently Asked Questions
What does the Current Ratio tell investors about ITW?
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
How is the Current Ratio calculated?
Current Ratio is calculated as: Current Assets / Current Liabilities.
Who are ITW's closest peers by Current Ratio?
The closest peers by Current Ratio include: KEY (0.42x), GEN (0.40x), CHTR (0.40x), USB (0.40x), DRI (0.39x).
The Formula
Current Assets / Current Liabilities
Why It Matters
Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.
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1.19x
Sector Median
1.20x
Sector Avg
2.57x
How ITW's Current Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.