Illinois Tool Works Inc (ITW) — Defensive Interval Ratio

Latest as of December 2025: 290 days

Illinois Tool Works Inc (ITW) has a Defensive Interval Ratio of 290 days as of December 2025. Defensive assets of $4.08 Billion (cash $851.00 Million, short-term investments $-, receivables $3.23 Billion) cover 290 days of daily cash needs of $14.04 Million/day. Check tangible equity quality of Illinois Tool Works Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

290 days
Days of operational coverage

Defensive Assets

$4.08 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$14.04 Million
Current Liabilities ÷ 365

Current Liabilities

$5.13 Billion
USD

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 December 2025, the ratio stands at 290 days, meaning defensive assets of $4.08 Billion can fund 290 days of operations without new revenue. Also explore ITW net assets growth trend to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see ITW stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 290 days $4.08 Billion $14.04 Million/day $851.00 Million $- ▼ -52 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 $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)