Illinois Price To Sales Ratio vs Capex To Operating Cash Flow Analysis

ITW Stock

USD 258.82 0.71 0.28%

Illinois Tool financial indicator trend analysis is infinitely more than just investigating Illinois Tool Works recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Illinois Tool Works is a good investment. Please check the relationship between Illinois Tool Price To Sales Ratio and its Capex To Operating Cash Flow accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Illinois Tool Works. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Price To Sales Ratio vs Capex To Operating Cash Flow

Price To Sales Ratio vs Capex To Operating Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Illinois Tool Works Price To Sales Ratio account and Capex To Operating Cash Flow. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Illinois Tool's Price To Sales Ratio and Capex To Operating Cash Flow is -0.62. Overlapping area represents the amount of variation of Price To Sales Ratio that can explain the historical movement of Capex To Operating Cash Flow in the same time period over historical financial statements of Illinois Tool Works, assuming nothing else is changed. The correlation between historical values of Illinois Tool's Price To Sales Ratio and Capex To Operating Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price To Sales Ratio of Illinois Tool Works are associated (or correlated) with its Capex To Operating Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Operating Cash Flow has no effect on the direction of Price To Sales Ratio i.e., Illinois Tool's Price To Sales Ratio and Capex To Operating Cash Flow go up and down completely randomly.

Correlation Coefficient

-0.62

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Illinois Tool Works stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Illinois Tool sales, a figure that is much harder to manipulate than other Illinois Tool Works multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Capex To Operating Cash Flow

Most indicators from Illinois Tool's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Illinois Tool Works current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Illinois Tool Works. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Illinois Tool's Discontinued Operations is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 20.27 in 2024, whereas Tax Provision is likely to drop slightly above 691.5 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	6.0B	6.5B	6.8B	4.1B
Total Revenue	14.5B	15.9B	16.1B	10.8B

Gross Profit Total Revenue

Illinois Tool fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.56	0.37	0.57	0.68	0.89	0.25	0.41	0.65	0.98	0.61	0.65	0.84	0.16	0.58	0.73	0.17	-0.13	0.76	0.97	0.34	0.73	0.91	0.05	0.74	0.74
Short Long Term Debt Total	0.56		0.85	0.58	-0.07	0.68	0.87	0.93	0.36	0.57	0.84	0.36	0.68	-0.6	0.78	0.5	0.2	-0.83	0.82	0.52	0.32	-0.05	0.49	0.46	0.89	0.89
Other Current Liab	0.37	0.85		0.69	-0.16	0.5	0.82	0.89	0.14	0.35	0.81	0.14	0.55	-0.63	0.52	0.49	0.32	-0.84	0.64	0.36	0.51	-0.25	0.38	0.7	0.69	0.7
Total Current Liabilities	0.57	0.58	0.69		0.37	0.6	0.51	0.6	0.2	0.52	0.46	0.2	0.58	-0.05	0.12	0.59	0.13	-0.41	0.45	0.61	0.91	0.2	0.65	0.56	0.65	0.65
Total Stockholder Equity	0.68	-0.07	-0.16	0.37		0.45	-0.34	-0.19	0.52	0.64	0.0	0.52	0.32	0.81	-0.15	0.35	-0.16	0.51	0.04	0.7	0.31	0.92	0.68	-0.19	0.11	0.11
Property Plant And Equipment Net	0.89	0.68	0.5	0.6	0.45		0.55	0.65	0.32	0.94	0.7	0.32	0.97	-0.1	0.67	0.87	0.24	-0.43	0.81	0.78	0.27	0.45	0.92	0.35	0.85	0.85
Net Debt	0.25	0.87	0.82	0.51	-0.34	0.55		0.97	-0.15	0.32	0.75	-0.15	0.6	-0.75	0.63	0.52	0.32	-0.97	0.64	0.14	0.23	-0.39	0.34	0.73	0.73	0.74
Retained Earnings	0.41	0.93	0.89	0.6	-0.19	0.65	0.97		0.02	0.46	0.85	0.02	0.68	-0.68	0.68	0.59	0.35	-0.94	0.72	0.32	0.3	-0.25	0.46	0.72	0.81	0.81
Cash	0.65	0.36	0.14	0.2	0.52	0.32	-0.15	0.02		0.53	0.28	1.0	0.21	0.23	0.36	0.01	-0.21	0.16	0.43	0.76	0.21	0.64	0.34	-0.45	0.39	0.39
Non Current Assets Total	0.98	0.57	0.35	0.52	0.64	0.94	0.32	0.46	0.53		0.63	0.53	0.89	0.12	0.63	0.8	0.22	-0.19	0.77	0.9	0.24	0.69	0.94	0.11	0.75	0.75
Non Currrent Assets Other	0.61	0.84	0.81	0.46	0.0	0.7	0.75	0.85	0.28	0.63		0.28	0.74	-0.54	0.81	0.64	0.53	-0.75	0.83	0.54	0.15	-0.02	0.6	0.48	0.74	0.74
Cash And Short Term Investments	0.65	0.36	0.14	0.2	0.52	0.32	-0.15	0.02	1.0	0.53	0.28		0.21	0.23	0.36	0.01	-0.21	0.16	0.43	0.76	0.21	0.64	0.34	-0.45	0.39	0.39
Net Receivables	0.84	0.68	0.55	0.58	0.32	0.97	0.6	0.68	0.21	0.89	0.74	0.21		-0.23	0.71	0.94	0.4	-0.5	0.86	0.72	0.26	0.35	0.88	0.43	0.85	0.84
Common Stock Shares Outstanding	0.16	-0.6	-0.63	-0.05	0.81	-0.1	-0.75	-0.68	0.23	0.12	-0.54	0.23	-0.23		-0.6	-0.12	-0.36	0.87	-0.51	0.21	0.06	0.74	0.19	-0.45	-0.45	-0.45
Non Current Liabilities Total	0.58	0.78	0.52	0.12	-0.15	0.67	0.63	0.68	0.36	0.63	0.81	0.36	0.71	-0.6		0.51	0.36	-0.64	0.92	0.49	-0.17	0.04	0.44	0.12	0.78	0.78
Inventory	0.73	0.5	0.49	0.59	0.35	0.87	0.52	0.59	0.01	0.8	0.64	0.01	0.94	-0.12	0.51		0.54	-0.41	0.68	0.6	0.28	0.32	0.86	0.56	0.67	0.66
Other Current Assets	0.17	0.2	0.32	0.13	-0.16	0.24	0.32	0.35	-0.21	0.22	0.53	-0.21	0.4	-0.36	0.36	0.54		-0.37	0.38	0.1	-0.05	-0.17	0.29	0.43	0.19	0.19
Other Stockholder Equity	-0.13	-0.83	-0.84	-0.41	0.51	-0.43	-0.97	-0.94	0.16	-0.19	-0.75	0.16	-0.5	0.87	-0.64	-0.41	-0.37		-0.63	-0.05	-0.18	0.54	-0.18	-0.71	-0.67	-0.68
Total Liab	0.76	0.82	0.64	0.45	0.04	0.81	0.64	0.72	0.43	0.77	0.83	0.43	0.86	-0.51	0.92	0.68	0.38	-0.63		0.7	0.19	0.17	0.63	0.24	0.92	0.92
Total Current Assets	0.97	0.52	0.36	0.61	0.7	0.78	0.14	0.32	0.76	0.9	0.54	0.76	0.72	0.21	0.49	0.6	0.1	-0.05	0.7		0.45	0.74	0.83	-0.04	0.69	0.69
Short Term Debt	0.34	0.32	0.51	0.91	0.31	0.27	0.23	0.3	0.21	0.24	0.15	0.21	0.26	0.06	-0.17	0.28	-0.05	-0.18	0.19	0.45		0.14	0.37	0.37	0.4	0.4
Intangible Assets	0.73	-0.05	-0.25	0.2	0.92	0.45	-0.39	-0.25	0.64	0.69	-0.02	0.64	0.35	0.74	0.04	0.32	-0.17	0.54	0.17	0.74	0.14		0.63	-0.4	0.17	0.17
Accounts Payable	0.91	0.49	0.38	0.65	0.68	0.92	0.34	0.46	0.34	0.94	0.6	0.34	0.88	0.19	0.44	0.86	0.29	-0.18	0.63	0.83	0.37	0.63		0.29	0.65	0.65
Property Plant And Equipment Gross	0.05	0.46	0.7	0.56	-0.19	0.35	0.73	0.72	-0.45	0.11	0.48	-0.45	0.43	-0.45	0.12	0.56	0.43	-0.71	0.24	-0.04	0.37	-0.4	0.29		0.38	0.38
Common Stock Total Equity	0.74	0.89	0.69	0.65	0.11	0.85	0.73	0.81	0.39	0.75	0.74	0.39	0.85	-0.45	0.78	0.67	0.19	-0.67	0.92	0.69	0.4	0.17	0.65	0.38		1.0
Common Stock	0.74	0.89	0.7	0.65	0.11	0.85	0.74	0.81	0.39	0.75	0.74	0.39	0.84	-0.45	0.78	0.66	0.19	-0.68	0.92	0.69	0.4	0.17	0.65	0.38	1.0

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Illinois Tool Account Relationship Matchups

Illinois Tool fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	15.1B	15.6B	16.1B	15.4B	15.5B	11.4B
Short Long Term Debt Total	7.8B	8.1B	7.7B	7.8B	8.4B	8.8B
Other Current Liab	1.5B	1.6B	2.0B	2.1B	2.0B	2.1B
Total Current Liabilities	2.2B	2.6B	3.5B	4.5B	4.7B	4.9B
Total Stockholder Equity	3.0B	3.2B	3.6B	3.1B	3.0B	5.1B
Property Plant And Equipment Net	1.7B	1.8B	1.8B	1.8B	2.2B	1.5B
Net Debt	5.8B	5.6B	6.2B	7.1B	7.3B	7.7B
Retained Earnings	22.4B	23.1B	24.3B	25.8B	27.1B	28.5B
Cash	2.0B	2.6B	1.5B	708M	1.1B	1.1B
Non Current Assets Total	8.8B	9.1B	9.7B	9.2B	9.3B	6.8B
Non Currrent Assets Other	1.2B	1.3B	1.4B	1.2B	1.0B	1.1B
Cash And Short Term Investments	2.0B	2.6B	1.5B	708M	1.1B	1.1B
Net Receivables	2.5B	2.5B	2.8B	3.2B	3.3B	1.9B
Common Stock Shares Outstanding	325.6M	318.3M	316.4M	310.7M	303.6M	371.6M
Liabilities And Stockholders Equity	15.1B	15.6B	16.1B	15.4B	15.5B	11.4B
Non Current Liabilities Total	9.9B	9.8B	9.0B	7.9B	7.8B	4.0B
Inventory	1.2B	1.2B	1.7B	2.1B	1.7B	1.1B
Other Current Assets	296M	2.8B	3.2B	3.5B	212M	201.4M
Other Stockholder Equity	(17.7B)	(18.3B)	(19.2B)	(20.9B)	(22.3B)	(21.2B)
Total Liab	12.0B	12.4B	12.5B	12.3B	12.5B	6.3B
Total Current Assets	6.3B	6.5B	6.4B	6.3B	6.2B	4.6B
Short Term Debt	4M	405M	839M	1.6B	1.9B	2.0B
Intangible Assets	851M	781M	972M	768M	657M	624.2M
Accounts Payable	472M	534M	585M	594M	581M	511.2M
Property Plant And Equipment Gross	1.9B	2.0B	5.9B	6.0B	6.3B	6.6B
Accumulated Other Comprehensive Income	(1.7B)	(1.6B)	(1.5B)	(1.8B)	(1.8B)	(1.7B)
Other Liab	2.0B	2.1B	2.1B	1.6B	1.8B	1.4B
Other Assets	1.5B	1.8B	2.0B	1.7B	1.9B	1.4B
Long Term Debt	7.8B	7.8B	6.9B	6.2B	6.3B	4.4B
Treasury Stock	(17.5B)	(19.0B)	(19.7B)	(20.6B)	(18.6B)	(17.6B)
Property Plant Equipment	1.7B	1.8B	1.8B	1.8B	1.7B	1.5B
Current Deferred Revenue	188M	222M	394M	427M	520M	373.4M
Good Will	4.5B	4.7B	5.0B	4.9B	4.9B	4.8B
Net Tangible Assets	(2.3B)	(2.3B)	(2.3B)	(2.5B)	(2.3B)	(2.2B)
Retained Earnings Total Equity	22.4B	23.1B	24.3B	25.8B	29.7B	18.7B
Long Term Debt Total	7.8B	7.8B	6.9B	6.2B	7.1B	6.4B

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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.

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Illinois Price To Sales Ratio vs Capex To Operating Cash Flow Analysis

Price To Sales Ratio vs Capex To Operating Cash Flow

Price To Sales Ratio vs Capex To Operating Cash Flow Correlation Analysis

Correlation Coefficient

Price To Sales Ratio

Capex To Operating Cash Flow

Illinois Tool fundamental ratios Correlations

Illinois Tool Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Illinois Tool fundamental ratios Accounts

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Additional Tools for Illinois Stock Analysis

COMMON DESTINATIONS

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COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.98	Total Assets
Total Current Assets	+ 0.97	Total Assets
Net Receivables	+ 0.97	Property Plant And Equipment Net
Retained Earnings	+ 0.97	Net Debt

Other Stockholder Equity	- 0.97	Net Debt
Other Stockholder Equity	- 0.94	Retained Earnings
Other Stockholder Equity	- 0.84	Other Current Liab
Other Stockholder Equity	- 0.83	Short Long Term Debt Total
Other Stockholder Equity	- 0.75	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.75	Net Debt