Illinois Tool Works Inc (ITW) — Defensive Interval Ratio
Illinois Tool Works Inc (ITW) has a Defensive Interval Ratio of 219 days as of June 2026. Defensive assets of $3.56 Billion (cash $-, short-term investments $-, receivables $3.56 Billion) cover 219 days of daily cash needs of $16.31 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Illinois Tool Works Inc Defensive Interval Ratio (1985–2025)
This chart shows how Illinois Tool Works Inc's Defensive Interval Ratio has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 219 days, meaning defensive assets of $3.56 Billion can fund 219 days of operations without new revenue. For the complete balance sheet picture, see Illinois Tool Works Inc (ITW) total assets.
Annual Defensive Interval Ratio for Illinois Tool Works Inc (1985–2025)
The table below presents the year-by-year Defensive Interval Ratio for Illinois Tool Works Inc from 1985 to 2025, covering 41 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital position of Illinois Tool Works Inc to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 303 days | $4.25 Billion | $14.04 Million/day | $851.00 Million | $- | ▼ -40 days |
| 2024 | 343 days | $4.04 Billion | $11.80 Million/day | $948.00 Million | $- | ▲ +6 days |
| 2023 | 337 days | $4.32 Billion | $12.81 Million/day | $1.06 Billion | $- | ▲ +11 days |
| 2022 | 326 days | $3.98 Billion | $12.22 Million/day | $708.00 Million | $- | ▼ -144 days |
| 2021 | 470 days | $4.47 Billion | $9.51 Million/day | $1.53 Billion | $- | ▼ -261 days |
| 2020 | 731 days | $5.18 Billion | $7.09 Million/day | $2.56 Billion | $- | ▼ -47 days |
| 2019 | 778 days | $4.59 Billion | $5.90 Million/day | $1.98 Billion | $- | ▲ +353 days |
| 2018 | 425 days | $4.13 Billion | $9.70 Million/day | $1.50 Billion | $- | ▼ -259 days |
| 2017 | 684 days | $5.72 Billion | $8.36 Million/day | $3.09 Billion | $0.00 | ▲ +45 days |
| 2016 | 639 days | $4.83 Billion | $7.56 Million/day | $2.47 Billion | $0.00 | ▲ +299 days |
| 2015 | 340 days | $2.20 Billion | $6.49 Million/day | $- | $0.00 | ▲ +84 days |
| 2014 | 255 days | $2.47 Billion | $9.68 Million/day | $- | $0.00 | ▲ +112 days |
| 2013 | 143 days | $2.37 Billion | $16.53 Million/day | $- | $0.00 | ▼ -276 days |
| 2012 | 419 days | $3.04 Billion | $7.26 Million/day | $- | $0.00 | ▲ +52 days |
| 2011 | 367 days | $3.00 Billion | $8.16 Million/day | $- | $0.00 | ▲ +51 days |
| 2010 | 316 days | $2.68 Billion | $8.48 Million/day | $- | $0.00 | ▼ -5 days |
| 2009 | 321 days | $2.49 Billion | $7.77 Million/day | $- | $0.00 | ▲ +125 days |
| 2008 | 196 days | $2.61 Billion | $13.36 Million/day | $- | $- | ▼ -200 days |
| 2007 | 395 days | $3.21 Billion | $8.11 Million/day | $- | $- | ▲ +11 days |
| 2006 | 384 days | $2.77 Billion | $7.22 Million/day | $- | $- | ▲ +1 days |
| 2005 | 383 days | $2.10 Billion | $5.48 Million/day | $- | $- | ▼ -22 days |
| 2004 | 405 days | $2.05 Billion | $5.07 Million/day | $- | $- | ▼ -17 days |
| 2003 | 422 days | $1.72 Billion | $4.08 Million/day | $- | $- | ▲ +73 days |
| 2002 | 349 days | $1.50 Billion | $4.29 Million/day | $- | $- | ▲ +1 days |
| 2001 | 349 days | $1.45 Billion | $4.16 Million/day | $- | $- | ▲ +16 days |
| 2000 | 332 days | $1.65 Billion | $4.98 Million/day | $- | $- | ▲ +41 days |
| 1999 | 291 days | $1.63 Billion | $5.60 Million/day | $- | $- | ▼ -4 days |
| 1998 | 295 days | $989.10 Million | $3.35 Million/day | $- | $- | ▲ +11 days |
| 1997 | 284 days | $902.00 Million | $3.17 Million/day | $- | $- | ▲ +33 days |
| 1996 | 251 days | $840.10 Million | $3.34 Million/day | $- | $- | ▼ -67 days |
| 1995 | 318 days | $741.30 Million | $2.33 Million/day | $- | $- | ▼ -38 days |
| 1994 | 356 days | $612.60 Million | $1.72 Million/day | $- | $- | ▼ -8 days |
| 1993 | 364 days | $544.20 Million | $1.50 Million/day | $- | $- | ▲ +13 days |
| 1992 | 350 days | $492.20 Million | $1.40 Million/day | $- | $- | ▲ +78 days |
| 1991 | 273 days | $483.00 Million | $1.77 Million/day | $- | $- | ▼ -55 days |
| 1990 | 327 days | $474.10 Million | $1.45 Million/day | $- | $- | ▼ -34 days |
| 1989 | 362 days | $380.20 Million | $1.05 Million/day | $- | $- | ▲ +2 days |
| 1988 | 359 days | $316.50 Million | $880.55K/day | $- | $- | ▼ -259 days |
| 1987 | 618 days | $578.70 Million | $936.44K/day | $- | $- | ▲ +330 days |
| 1986 | 287 days | $239.60 Million | $833.42K/day | $- | $- | ▼ -109 days |
| 1985 | 396 days | $97.70 Million | $246.58K/day | $- | $- | — |