Stock Analysis on Net
Stock Analysis on Net

Honeywell International Inc. (NASDAQ:HON)

Analysis of Liquidity Ratios
Quarterly Data

Microsoft Excel LibreOffice Calc

Liquidity Ratios (Summary)

Honeywell International Inc., liquidity ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Current ratio 1.29 1.41 1.43 1.47 1.64 1.63 1.30 1.34 1.31 1.19 1.24 1.29 1.49 1.38 1.36 1.38 1.35 1.34 1.36 1.41 1.20 1.28 1.25
Quick ratio 0.96 1.06 1.08 1.15 1.27 1.26 0.93 0.99 1.00 0.87 0.92 0.97 1.13 1.02 1.02 1.04 1.03 1.02 1.03 1.07 0.83 0.87 0.82
Cash ratio 0.60 0.68 0.71 0.79 0.87 0.87 0.51 0.58 0.62 0.50 0.55 0.58 0.65 0.55 0.55 0.57 0.56 0.55 0.56 0.57 0.35 0.32 0.29

Based on: 10-Q (filing date: 2021-10-22), 10-Q (filing date: 2021-07-23), 10-Q (filing date: 2021-04-23), 10-K (filing date: 2021-02-12), 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-24), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-02-14), 10-Q (filing date: 2019-10-17), 10-Q (filing date: 2019-07-18), 10-Q (filing date: 2019-04-18), 10-K (filing date: 2019-02-08), 10-Q (filing date: 2018-10-19), 10-Q (filing date: 2018-07-20), 10-Q (filing date: 2018-04-20), 10-K (filing date: 2018-02-09), 10-Q (filing date: 2017-10-20), 10-Q (filing date: 2017-07-21), 10-Q (filing date: 2017-04-21), 10-K (filing date: 2017-02-10), 10-Q (filing date: 2016-10-21), 10-Q (filing date: 2016-07-22), 10-Q (filing date: 2016-04-22).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Honeywell International Inc.’s current ratio deteriorated from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Honeywell International Inc.’s quick ratio deteriorated from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Honeywell International Inc.’s cash ratio deteriorated from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.

Current Ratio

Honeywell International Inc., current ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Current assets 26,033  25,652  25,587  28,175  28,200  28,321  22,613  24,303  26,188  23,768  24,334  24,362  26,628  24,779  25,587  26,002  24,644  24,064  23,580  23,058  21,834  20,380  19,532 
Current liabilities 20,207  18,143  17,950  19,197  17,184  17,341  17,377  18,098  19,915  19,894  19,593  18,924  17,900  18,018  18,755  18,861  18,225  17,981  17,281  16,331  18,213  15,911  15,659 
Liquidity Ratio
Current ratio1 1.29 1.41 1.43 1.47 1.64 1.63 1.30 1.34 1.31 1.19 1.24 1.29 1.49 1.38 1.36 1.38 1.35 1.34 1.36 1.41 1.20 1.28 1.25
Benchmarks
Current Ratio, Competitors2
3M Co. 1.70 1.73 1.83 1.89 1.90 1.94 1.65 1.41 2.30 1.93 2.02 1.89 1.97 1.56 1.65 1.86 2.07 2.22 1.99 1.89 1.90 1.58 1.51
Boeing Co. 1.36 1.35 1.33 1.39 1.42 1.41 1.17 1.05 1.11 1.03 1.07 1.08 1.10 1.11 1.15 1.16 1.18 1.19 1.25 1.25 1.28 1.27 1.32
Caterpillar Inc. 1.61 1.56 1.60 1.53 1.54 1.50 1.42 1.47 1.44 1.43 1.43 1.37 1.48 1.37 1.36 1.35 1.44 1.31 1.29 1.22 1.27 1.24 1.29
General Electric Co. 1.80 1.81 1.96 1.58 1.27 1.22 1.14 0.99 1.07 1.11 1.13 1.08 0.97 1.07 1.05 1.16 1.15 1.14 1.13 1.17 1.21 1.19 1.18
Illinois Tool Works Inc. 2.20 2.20 2.50 2.52 2.37 2.75 2.71 2.90 2.81 2.87 1.53 1.63 1.62 1.73 2.20 2.38 2.41 2.32 2.24 2.22 1.77 2.18 2.30
Lockheed Martin Corp. 1.42 1.36 1.38 1.39 1.33 1.31 1.23 1.22 1.28 1.20 1.17 1.12 1.11 1.19 1.27 1.38 1.32 1.21 1.22 1.20 1.19 1.03 1.06
Raytheon Technologies Corp. 1.23 1.17 1.17 1.21 1.22 1.20 1.23 1.08 1.06 1.05 1.13 1.13 1.52 1.46 1.32 1.35 1.31 1.37 1.24 1.30 1.27 1.26 1.34

Based on: 10-Q (filing date: 2021-10-22), 10-Q (filing date: 2021-07-23), 10-Q (filing date: 2021-04-23), 10-K (filing date: 2021-02-12), 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-24), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-02-14), 10-Q (filing date: 2019-10-17), 10-Q (filing date: 2019-07-18), 10-Q (filing date: 2019-04-18), 10-K (filing date: 2019-02-08), 10-Q (filing date: 2018-10-19), 10-Q (filing date: 2018-07-20), 10-Q (filing date: 2018-04-20), 10-K (filing date: 2018-02-09), 10-Q (filing date: 2017-10-20), 10-Q (filing date: 2017-07-21), 10-Q (filing date: 2017-04-21), 10-K (filing date: 2017-02-10), 10-Q (filing date: 2016-10-21), 10-Q (filing date: 2016-07-22), 10-Q (filing date: 2016-04-22).

1 Q3 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 26,033 ÷ 20,207 = 1.29

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Honeywell International Inc.’s current ratio deteriorated from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.

Quick Ratio

Honeywell International Inc., quick ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Cash and cash equivalents 11,087  11,427  11,718  14,275  14,036  13,778  7,721  9,067  10,908  8,225  8,625  9,287  9,803  8,082  7,897  7,059  7,389  7,877  7,710  7,843  6,431  5,045  4,473 
Short-term investments 1,049  891  942  945  972  1,349  1,070  1,349  1,456  1,718  2,059  1,623  1,850  1,768  2,383  3,758  2,781  1,944  1,885  1,520  —  —  — 
Accounts receivable, net 7,239  6,947  6,675  6,827  6,878  6,717  7,452  7,493  7,583  7,407  7,307  7,508  8,568  8,600  8,778  8,866  8,587  8,442  8,155  8,177  8,627  8,730  8,397 
Total quick assets 19,375  19,265  19,335  22,047  21,886  21,844  16,243  17,909  19,947  17,350  17,991  18,418  20,221  18,450  19,058  19,683  18,757  18,263  17,750  17,540  15,058  13,775  12,870 
 
Current liabilities 20,207  18,143  17,950  19,197  17,184  17,341  17,377  18,098  19,915  19,894  19,593  18,924  17,900  18,018  18,755  18,861  18,225  17,981  17,281  16,331  18,213  15,911  15,659 
Liquidity Ratio
Quick ratio1 0.96 1.06 1.08 1.15 1.27 1.26 0.93 0.99 1.00 0.87 0.92 0.97 1.13 1.02 1.02 1.04 1.03 1.02 1.03 1.07 0.83 0.87 0.82
Benchmarks
Quick Ratio, Competitors2
3M Co. 1.11 1.11 1.19 1.23 1.24 1.23 1.02 0.79 1.63 1.15 1.21 1.14 1.21 0.96 1.04 1.18 1.30 1.35 1.17 1.14 1.16 0.90 0.84
Boeing Co. 0.38 0.38 0.37 0.41 0.42 0.47 0.30 0.23 0.28 0.25 0.26 0.28 0.29 0.29 0.30 0.37 0.39 0.39 0.38 0.38 0.40 0.39 0.37
Caterpillar Inc. 1.00 1.02 1.08 1.02 1.01 0.98 0.91 0.98 0.93 0.94 0.91 0.90 0.95 0.90 0.90 0.91 0.98 0.92 0.89 0.83 0.82 0.82 0.84
General Electric Co. 0.90 0.90 1.06 1.27 1.01 0.97 0.91 0.69 0.65 0.71 0.73 0.79 0.63 0.70 0.72 0.84 0.80 0.81 0.79 0.87 0.92 0.90 0.93
Illinois Tool Works Inc. 1.57 1.64 1.92 1.96 1.84 1.94 1.90 2.06 1.95 1.97 1.13 1.16 1.19 1.27 1.65 1.87 1.90 1.81 1.75 1.75 1.38 1.69 1.78
Lockheed Martin Corp. 1.18 1.10 1.09 1.05 1.08 1.04 0.96 0.93 1.03 0.93 0.93 0.88 0.86 0.93 1.01 0.91 0.91 0.82 0.82 0.80 0.82 0.68 0.68
Raytheon Technologies Corp. 0.82 0.79 0.79 0.78 0.84 0.75 0.81 0.73 0.71 0.70 0.75 0.76 1.12 1.05 0.90 0.88 0.86 0.92 0.80 0.85 0.83 0.83 0.88

Based on: 10-Q (filing date: 2021-10-22), 10-Q (filing date: 2021-07-23), 10-Q (filing date: 2021-04-23), 10-K (filing date: 2021-02-12), 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-24), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-02-14), 10-Q (filing date: 2019-10-17), 10-Q (filing date: 2019-07-18), 10-Q (filing date: 2019-04-18), 10-K (filing date: 2019-02-08), 10-Q (filing date: 2018-10-19), 10-Q (filing date: 2018-07-20), 10-Q (filing date: 2018-04-20), 10-K (filing date: 2018-02-09), 10-Q (filing date: 2017-10-20), 10-Q (filing date: 2017-07-21), 10-Q (filing date: 2017-04-21), 10-K (filing date: 2017-02-10), 10-Q (filing date: 2016-10-21), 10-Q (filing date: 2016-07-22), 10-Q (filing date: 2016-04-22).

1 Q3 2021 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 19,375 ÷ 20,207 = 0.96

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Honeywell International Inc.’s quick ratio deteriorated from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.

Cash Ratio

Honeywell International Inc., cash ratio calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Selected Financial Data (US$ in millions)
Cash and cash equivalents 11,087  11,427  11,718  14,275  14,036  13,778  7,721  9,067  10,908  8,225  8,625  9,287  9,803  8,082  7,897  7,059  7,389  7,877  7,710  7,843  6,431  5,045  4,473 
Short-term investments 1,049  891  942  945  972  1,349  1,070  1,349  1,456  1,718  2,059  1,623  1,850  1,768  2,383  3,758  2,781  1,944  1,885  1,520  —  —  — 
Total cash assets 12,136  12,318  12,660  15,220  15,008  15,127  8,791  10,416  12,364  9,943  10,684  10,910  11,653  9,850  10,280  10,817  10,170  9,821  9,595  9,363  6,431  5,045  4,473 
 
Current liabilities 20,207  18,143  17,950  19,197  17,184  17,341  17,377  18,098  19,915  19,894  19,593  18,924  17,900  18,018  18,755  18,861  18,225  17,981  17,281  16,331  18,213  15,911  15,659 
Liquidity Ratio
Cash ratio1 0.60 0.68 0.71 0.79 0.87 0.87 0.51 0.58 0.62 0.50 0.55 0.58 0.65 0.55 0.55 0.57 0.56 0.55 0.56 0.57 0.35 0.32 0.29
Benchmarks
Cash Ratio, Competitors2
3M Co. 0.60 0.58 0.61 0.63 0.62 0.61 0.49 0.27 0.99 0.41 0.49 0.45 0.48 0.36 0.46 0.54 0.52 0.49 0.39 0.43 0.42 0.26 0.21
Boeing Co. 0.23 0.24 0.24 0.29 0.29 0.35 0.16 0.10 0.12 0.10 0.09 0.10 0.13 0.13 0.13 0.18 0.18 0.20 0.18 0.20 0.20 0.19 0.17
Caterpillar Inc. 0.36 0.39 0.43 0.36 0.37 0.35 0.27 0.31 0.29 0.27 0.26 0.28 0.31 0.31 0.29 0.31 0.37 0.36 0.34 0.27 0.24 0.25 0.22
General Electric Co. 0.52 0.50 0.67 0.78 0.70 0.70 0.67 0.47 0.41 0.44 0.47 0.50 0.36 0.40 0.42 0.54 0.49 0.54 0.52 0.58 0.62 0.61 0.69
Illinois Tool Works Inc. 0.66 0.70 0.93 0.99 0.85 0.89 0.70 0.92 0.82 0.77 0.44 0.42 0.43 0.46 0.66 1.01 0.97 0.88 0.87 0.90 0.66 0.83 0.90
Lockheed Martin Corp. 0.18 0.18 0.20 0.23 0.24 0.19 0.13 0.11 0.16 0.08 0.06 0.05 0.06 0.09 0.17 0.23 0.22 0.18 0.16 0.15 0.20 0.08 0.10
Raytheon Technologies Corp. 0.22 0.23 0.24 0.25 0.28 0.20 0.25 0.21 0.21 0.19 0.20 0.20 0.52 0.44 0.31 0.37 0.34 0.39 0.30 0.33 0.32 0.31 0.35

Based on: 10-Q (filing date: 2021-10-22), 10-Q (filing date: 2021-07-23), 10-Q (filing date: 2021-04-23), 10-K (filing date: 2021-02-12), 10-Q (filing date: 2020-10-30), 10-Q (filing date: 2020-07-24), 10-Q (filing date: 2020-05-01), 10-K (filing date: 2020-02-14), 10-Q (filing date: 2019-10-17), 10-Q (filing date: 2019-07-18), 10-Q (filing date: 2019-04-18), 10-K (filing date: 2019-02-08), 10-Q (filing date: 2018-10-19), 10-Q (filing date: 2018-07-20), 10-Q (filing date: 2018-04-20), 10-K (filing date: 2018-02-09), 10-Q (filing date: 2017-10-20), 10-Q (filing date: 2017-07-21), 10-Q (filing date: 2017-04-21), 10-K (filing date: 2017-02-10), 10-Q (filing date: 2016-10-21), 10-Q (filing date: 2016-07-22), 10-Q (filing date: 2016-04-22).

1 Q3 2021 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 12,136 ÷ 20,207 = 0.60

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Honeywell International Inc.’s cash ratio deteriorated from Q1 2021 to Q2 2021 and from Q2 2021 to Q3 2021.