Illinois Interest Coverage from 2010 to 2024

ITW Stock  USD 258.82  0.71  0.28%   
Illinois Tool Interest Coverage yearly trend continues to be fairly stable with very little volatility. Interest Coverage will likely drop to 11.00 in 2024. During the period from 2010 to 2024, Illinois Tool Interest Coverage regression line of quarterly data had mean square error of  4.66 and geometric mean of  13.79. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
15.18796992
Current Value
11
Quarterly Volatility
2.1969365
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Illinois Tool financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Illinois Tool's main balance sheet or income statement drivers, such as Depreciation And Amortization of 281.8 M, Interest Expense of 279.3 M or Total Revenue of 10.8 B, as well as many indicators such as Price To Sales Ratio of 5.17, Dividend Yield of 0.0135 or PTB Ratio of 27.63. Illinois financial statements analysis is a perfect complement when working with Illinois Tool Valuation or Volatility modules.
  
Check out the analysis of Illinois Tool Correlation against competitors.

Latest Illinois Tool's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Illinois Tool Works over the last few years. It is Illinois Tool's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Illinois Tool's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Illinois Interest Coverage Regression Statistics

Arithmetic Mean13.95
Geometric Mean13.79
Coefficient Of Variation15.75
Mean Deviation1.63
Median13.95
Standard Deviation2.20
Sample Variance4.83
Range8.1511
R-Value0.32
Mean Square Error4.66
R-Squared0.10
Significance0.24
Slope0.16
Total Sum of Squares67.57

Illinois Interest Coverage History

2024 11.0
2023 15.19
2022 18.67
2021 17.21
2020 13.99
2019 15.39
2018 13.95

About Illinois Tool Financial Statements

Illinois Tool investors use historical fundamental indicators, such as Illinois Tool's Interest Coverage, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Illinois Tool. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Interest Coverage 15.19  11.00 

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Additional Tools for Illinois Stock Analysis

When running Illinois Tool's price analysis, check to measure Illinois Tool's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Illinois Tool is operating at the current time. Most of Illinois Tool's value examination focuses on studying past and present price action to predict the probability of Illinois Tool's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Illinois Tool's price. Additionally, you may evaluate how the addition of Illinois Tool to your portfolios can decrease your overall portfolio volatility.