Illinois Tool Works Stock Total Asset

ITW Stock  USD 248.28  0.12  0.05%   
Illinois Tool Works fundamentals help investors to digest information that contributes to Illinois Tool's financial success or failures. It also enables traders to predict the movement of Illinois Stock. The fundamental analysis module provides a way to measure Illinois Tool's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Illinois Tool stock.
Last ReportedProjected for Next Year
Total Assets15.5 B11.4 B
Intangibles To Total Assets 0.36  0.22 
Total Assets is likely to drop to about 11.4 B in 2024. Intangibles To Total Assets is likely to drop to 0.22 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Illinois Tool Works Company Total Asset Analysis

Illinois Tool's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current Illinois Tool Total Asset

    
  15.52 B  
Most of Illinois Tool's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Illinois Tool Works is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Illinois Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for Illinois Tool is extremely important. It helps to project a fair market value of Illinois Stock properly, considering its historical fundamentals such as Total Asset. Since Illinois Tool's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Illinois Tool's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Illinois Tool's interrelated accounts and indicators.
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Illinois Total Asset Historical Pattern

Today, most investors in Illinois Tool Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Illinois Tool's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Illinois Tool total asset as a starting point in their analysis.
   Illinois Tool Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

Illinois Total Assets

Total Assets

11.36 Billion

At this time, Illinois Tool's Total Assets are fairly stable compared to the past year.
Based on the latest financial disclosure, Illinois Tool Works has a Total Asset of 15.52 B. This is 287.47% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The total asset for all United States stocks is 47.34% higher than that of the company.

Illinois Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Illinois Tool's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Illinois Tool could also be used in its relative valuation, which is a method of valuing Illinois Tool by comparing valuation metrics of similar companies.
Illinois Tool is currently under evaluation in total asset category among related companies.

Illinois Tool ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Illinois Tool's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Illinois Tool's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Illinois Tool Institutional Holders

Institutional Holdings refers to the ownership stake in Illinois Tool that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Illinois Tool's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Illinois Tool's value.
Shares
Morgan Stanley - Brokerage Accounts2023-12-31
4.5 M
Capital Research Global Investors2023-12-31
4.3 M
Bank Of America Corp2023-12-31
3.5 M
Norges Bank2023-12-31
3.1 M
Fisher Asset Management, Llc2023-12-31
2.9 M
Wellington Management Company Llp2023-12-31
2.8 M
Bank Of New York Mellon Corp2023-12-31
2.8 M
Legal & General Group Plc2023-12-31
2.7 M
Amundi2023-12-31
1.9 M
Vanguard Group Inc2023-12-31
26.2 M
Briar Hall Management Llc2023-12-31
26.2 M

Illinois Fundamentals

About Illinois Tool Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Illinois Tool Works's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Illinois Tool using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Illinois Tool Works based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Illinois Tool Investors Sentiment

The influence of Illinois Tool's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Illinois. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Illinois Tool's public news can be used to forecast risks associated with an investment in Illinois. The trend in average sentiment can be used to explain how an investor holding Illinois can time the market purely based on public headlines and social activities around Illinois Tool Works. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Illinois Tool's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Illinois Tool's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Illinois Tool's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Illinois Tool.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Illinois Tool in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Illinois Tool's short interest history, or implied volatility extrapolated from Illinois Tool options trading.

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When determining whether Illinois Tool Works is a strong investment it is important to analyze Illinois Tool's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Illinois Tool's future performance. For an informed investment choice regarding Illinois Stock, refer to the following important reports:
Check out Illinois Tool Piotroski F Score and Illinois Tool Altman Z Score analysis.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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Is Illinois Tool's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Illinois Tool. If investors know Illinois will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Illinois Tool listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
5.42
Earnings Share
9.73
Revenue Per Share
53.229
Quarterly Revenue Growth
0.003
The market value of Illinois Tool Works is measured differently than its book value, which is the value of Illinois that is recorded on the company's balance sheet. Investors also form their own opinion of Illinois Tool's value that differs from its market value or its book value, called intrinsic value, which is Illinois Tool's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Illinois Tool's market value can be influenced by many factors that don't directly affect Illinois Tool's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Illinois Tool's value and its price as these two are different measures arrived at by different means. Investors typically determine if Illinois Tool is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Illinois Tool's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.