Illinois Tool Works Inc (ITW)

Debt-to-equity ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 3,316,000 3,391,000 2,961,000 3,020,000 3,012,000 3,003,000 3,093,000 3,100,000 3,088,000 3,013,000 3,378,000 3,581,000 3,625,000 3,492,000 3,520,000 3,274,000 3,181,000 2,696,000 2,357,000 2,283,000
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $3,316,000K
= 0.00

Illinois Tool Works Inc has consistently maintained a debt-to-equity ratio of 0.00 across multiple quarters from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations, as its total liabilities are either very low or non-existent compared to its equity. A debt-to-equity ratio of 0.00 is typically seen as a very low-risk financial position, as it suggests that the company relies solely on equity financing to support its assets. This could signify financial stability and a conservative approach to managing its capital structure. However, it is essential to consider other financial metrics and factors to gain a comprehensive understanding of the company's overall financial health and performance.


See also:

Illinois Tool Works Inc Debt to Equity (Quarterly Data)