Illinois Selling And Marketing Expenses vs Reconciled Depreciation Analysis

ITW Stock  USD 250.03  0.00  0.00%   
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 Selling And Marketing Expenses and its Reconciled Depreciation 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.

Selling And Marketing Expenses vs Reconciled Depreciation

Selling And Marketing Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Illinois Tool Works Selling And Marketing Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Illinois Tool's Selling And Marketing Expenses and Reconciled Depreciation is -0.22. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Reconciled Depreciation 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 Selling And Marketing Expenses and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Illinois Tool Works are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Selling And Marketing Expenses i.e., Illinois Tool's Selling And Marketing Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

-0.22
Relationship DirectionNegative 
Relationship StrengthInsignificant

Selling And Marketing Expenses

Reconciled Depreciation

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.
Discontinued Operations is likely to climb to about 1.3 B in 2025, whereas Selling General Administrative is likely to drop slightly above 2.4 B in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit6.5B6.8B7.8B4.1B
Total Revenue15.9B16.1B18.5B10.8B

Illinois Tool fundamental ratios Correlations

0.520.530.530.650.850.240.380.60.980.620.60.810.090.480.730.15-0.180.60.970.340.620.910.080.780.78
0.520.720.66-0.10.670.890.940.240.540.820.240.66-0.610.910.510.12-0.840.980.470.42-0.020.50.580.860.87
0.530.720.51-0.170.580.610.680.250.510.830.250.67-0.650.650.580.41-0.730.720.530.39-0.190.450.430.750.75
0.530.660.510.280.620.610.680.090.490.470.090.59-0.180.350.60.05-0.450.710.550.920.220.640.670.630.64
0.65-0.1-0.170.280.34-0.35-0.210.530.6-0.030.530.220.8-0.170.28-0.130.530.00.670.250.960.61-0.220.10.1
0.850.670.580.620.340.590.660.20.910.690.20.98-0.250.630.890.15-0.490.750.740.340.280.910.450.840.84
0.240.890.610.61-0.350.590.98-0.230.320.71-0.230.62-0.750.820.550.21-0.930.890.130.36-0.30.380.80.70.7
0.380.940.680.68-0.210.660.98-0.080.430.8-0.080.67-0.690.850.60.22-0.910.950.290.42-0.180.480.790.760.77
0.60.240.250.090.530.2-0.23-0.080.480.241.00.110.280.21-0.06-0.180.190.20.730.130.60.28-0.470.380.37
0.980.540.510.490.60.910.320.430.480.650.480.870.030.540.80.19-0.240.630.90.250.570.940.150.790.79
0.620.820.830.47-0.030.690.710.80.240.650.240.73-0.550.880.640.49-0.770.870.550.19-0.030.610.480.780.78
0.60.240.250.090.530.2-0.23-0.081.00.480.240.110.280.21-0.06-0.180.190.20.730.130.60.28-0.470.380.37
0.810.660.670.590.220.980.620.670.110.870.730.11-0.360.630.940.3-0.560.740.690.320.160.880.50.840.84
0.09-0.61-0.65-0.180.8-0.25-0.75-0.690.280.03-0.550.28-0.36-0.63-0.24-0.270.89-0.550.15-0.050.770.07-0.53-0.48-0.48
0.480.910.650.35-0.170.630.820.850.210.540.880.210.63-0.630.480.25-0.820.910.380.04-0.060.450.420.80.8
0.730.510.580.60.280.890.550.6-0.060.80.64-0.060.94-0.240.480.45-0.470.630.60.340.180.870.590.690.69
0.150.120.410.05-0.130.150.210.22-0.180.190.49-0.180.3-0.270.250.45-0.340.210.08-0.1-0.20.240.280.180.17
-0.18-0.84-0.73-0.450.53-0.49-0.93-0.910.19-0.24-0.770.19-0.560.89-0.82-0.47-0.34-0.82-0.09-0.230.5-0.24-0.69-0.67-0.67
0.60.980.720.710.00.750.890.950.20.630.870.20.74-0.550.910.630.21-0.820.530.440.050.620.610.880.89
0.970.470.530.550.670.740.130.290.730.90.550.730.690.150.380.60.08-0.090.530.430.630.82-0.010.730.73
0.340.420.390.920.250.340.360.420.130.250.190.130.32-0.050.040.34-0.1-0.230.440.430.170.40.480.410.41
0.62-0.02-0.190.220.960.28-0.3-0.180.60.57-0.030.60.160.77-0.060.18-0.20.50.050.630.170.54-0.280.140.14
0.910.50.450.640.610.910.380.480.280.940.610.280.880.070.450.870.24-0.240.620.820.40.540.340.70.7
0.080.580.430.67-0.220.450.80.79-0.470.150.48-0.470.5-0.530.420.590.28-0.690.61-0.010.48-0.280.340.370.38
0.780.860.750.630.10.840.70.760.380.790.780.380.84-0.480.80.690.18-0.670.880.730.410.140.70.371.0
0.780.870.750.640.10.840.70.770.370.790.780.370.84-0.480.80.690.17-0.670.890.730.410.140.70.381.0
Click cells to compare fundamentals

Illinois Tool Account Relationship Matchups

Illinois Tool fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets15.6B16.1B15.4B15.5B17.8B11.4B
Short Long Term Debt Total8.1B7.7B7.8B8.4B9.6B10.1B
Other Current Liab1.6B2.0B2.1B1.6B1.9B946.6M
Total Current Liabilities2.6B3.5B4.5B4.7B5.4B5.6B
Total Stockholder Equity3.2B3.6B3.1B3.0B3.5B5.1B
Property Plant And Equipment Net1.8B1.8B1.8B2.2B2.6B1.5B
Net Debt5.6B6.2B7.1B7.3B8.4B8.8B
Retained Earnings23.1B24.3B25.8B27.1B31.2B32.7B
Cash2.6B1.5B708M1.1B1.2B1.1B
Non Current Assets Total9.1B9.7B9.2B9.3B10.7B6.8B
Non Currrent Assets Other1.3B1.4B1.2B1.0B1.2B1.1B
Cash And Short Term Investments2.6B1.5B708M1.1B1.2B1.1B
Net Receivables2.5B2.8B3.2B3.3B3.7B1.9B
Common Stock Shares Outstanding318.3M316.4M310.7M303.6M273.2M371.6M
Liabilities And Stockholders Equity15.6B16.1B15.4B15.5B17.8B11.4B
Non Current Liabilities Total9.8B9.0B7.9B7.8B9.0B9.5B
Inventory1.2B1.7B2.1B1.7B2.0B1.1B
Other Current Assets2.8B3.2B3.5B212M243.8M231.6M
Other Stockholder Equity(18.3B)(19.2B)(20.9B)(22.3B)(20.1B)(19.1B)
Total Liab12.4B12.5B12.3B12.5B14.4B15.1B
Total Current Assets6.5B6.4B6.3B6.2B7.2B4.6B
Short Term Debt405M839M1.6B1.9B2.2B2.3B
Intangible Assets781M972M768M657M755.6M1.5B
Accounts Payable534M585M594M581M668.2M511.2M
Property Plant And Equipment Gross2.0B5.9B6.0B6.3B7.2B7.6B
Accumulated Other Comprehensive Income(1.6B)(1.5B)(1.8B)(1.8B)(1.7B)(1.6B)
Other Liab2.0B2.1B2.1B1.6B1.8B1.4B
Other Assets1.5B1.8B2.0B1.7B1.9B1.4B
Long Term Debt7.8B6.9B6.2B6.3B7.3B4.4B
Treasury Stock(17.5B)(19.0B)(19.7B)(20.6B)(18.6B)(17.6B)
Property Plant Equipment1.7B1.8B1.8B1.8B1.7B1.5B
Current Deferred Revenue222M394M427M395M355.5M369.1M
Good Will4.7B5.0B4.9B4.9B5.6B4.8B
Net Tangible Assets(2.3B)(2.3B)(2.3B)(2.5B)(2.3B)(2.2B)
Retained Earnings Total Equity22.4B23.1B24.3B25.8B29.7B18.7B
Long Term Debt Total7.8B7.8B6.9B6.2B7.1B6.4B

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