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Illinois Tool WorksFRA:ILT +0.80%88 Cash-to-Debt is 0.09 as of Jun. 2026, which is 55% below its 10-year median of 0.20. GuruFocus rates FRA:ILT with a GF Score™ of 88/100 and a GF Value™ of €231.20 (Fairly Valued). The stock has 3 warning signs investors should review. Among 3,058 Industrial Products companies, Illinois Tool Works ranks worse than 91.53% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Illinois Tool Works's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.09.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Illinois Tool Workscouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for Illinois Tool Works's Cash-to-Debt or its related term are showing as below:
FRA:ILT'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.2 Max: 0.37
Current: 0.09
During the past 13 years, Illinois Tool Works's highest Cash to Debt Ratio was 0.37. The lowest was 0.09. And the median was 0.20.
FRA:ILT's Cash-to-Debt is ranked worse than 91.53% of 3058
companies
in the Industrial Products industry
Industry Median: 1.14
vs FRA:ILT: 0.09
Illinois Tool Works (FRA:ILT) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
Illinois Tool Works Cash-to-Debt Related Terms
Illinois Tool Works Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Illinois Tool Works's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Specialty Industrial Machinery subindustry, Illinois Tool Works's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Illinois Tool Works Cash-to-Debt vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Illinois Tool Works's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Illinois Tool Works's Cash-to-Debt falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Illinois Tool Works (FRA:ILT) has a Cash-to-Debt of 0.09 as of Jun. 2026. This is 55% below median its historical median of 0.20. Over the past decade, Illinois Tool Works' Cash-to-Debt has ranged from 0.09 to 0.37. According to the industry distribution chart, Illinois Tool Works ranks #2799 out of 3058 companies in the Industrial Products industry, placing it in the top 91.5%.
Is Illinois Tool Works' Cash-to-Debt too high?
Illinois Tool Works' current Cash-to-Debt of 0.09 is 55% below median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.37. The Industrial Products industry median Cash-to-Debt is 1.14. Illinois Tool Works' value of 0.09 is 92.1% below this industry median. Based on the distribution chart, Illinois Tool Works ranks #2799 out of 3058 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Illinois Tool Works has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Illinois Tool Works' Cash-to-Debt compare to CMI and EMR?
According to the Industrial Products industry distribution chart, Illinois Tool Works ranks #2799 out of 3058 companies for Cash-to-Debt. This places Illinois Tool Works in the lower half of its industry. The industry median Cash-to-Debt is 1.14. Illinois Tool Works' value of 0.09 is 92.1% below this benchmark. Historically, Illinois Tool Works' own Cash-to-Debt has ranged from 0.09 to 0.37 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 1.14, Illinois Tool Works has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Industrial Products company?
The median Cash-to-Debt among Industrial Products companies is 1.14, based on 3,058 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Illinois Tool Works's current Cash-to-Debt of 0.09 is 92.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median Cash-to-Debt is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Illinois Tool Works's current Cash-to-Debt is 0.09, which is 55% below median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Illinois Tool Works stock overvalued right now?
Based on GuruFocus' analysis, Illinois Tool Works (FRA:ILT) is currently considered Fairly Valued. The stock's GF Value™ is €231.20, compared to a current price of €227.30 — trading 1.7% below its estimated fair value. The current Cash-to-Debt is 0.09, which is 55% below median its 10-year median of 0.20 and 92.1% below the Industrial Products industry median of 1.14. Illinois Tool Works' overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Illinois Tool Works (FRA:ILT), the current Cash-to-Debt is 0.09 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Illinois Tool Works (FRA:ILT) Overvalued in 2026?
Based on GuruFocus' analysis, Illinois Tool Works stock appears to be undervalued.
The current stock price of €227.30 is trading 1.7% below its estimated GF Value™ of €231.20.
GuruFocus considers Illinois Tool Works to be Fairly Valued.
Key valuation signals for FRA:ILT:
Cash-to-Debt: 0.09 (55% below median its 10-year median of 0.20)
GF Value™: €231.20 vs. price of €227.30 (1.7% below fair value)
Industry Position: 92.1% below the Industrial Products median (#2799 of 3058)
No single metric tells the full story. See the FRA:ILT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments, with no segment representing more than one-fifth of revenue. ITW's automotive OEM segment sells vehicle components; its food equipment segment sells commercial kitchen appliances; its test and measurement and electronics segment sells inspection and analysis equipment; its welding segment sells welding equipment and consumables; its polymers and fluids segment sells industrial and consumer adhesives, solvents, and coatings; its construction products segment sells building fasteners and tools; and its specialty products segment sells medical, packaging, HVAC, and airport ground equipment.
88GF Score
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