Current Ratio
since 2005
Beginner level
Calculation
3M Co., current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2019 | 1.41 | = | 12,971 | ÷ | 9,222 |
| Dec 31, 2018 | 1.89 | = | 13,709 | ÷ | 7,244 |
| Dec 31, 2017 | 1.86 | = | 14,277 | ÷ | 7,687 |
| Dec 31, 2016 | 1.89 | = | 11,726 | ÷ | 6,219 |
| Dec 31, 2015 | 1.54 | = | 10,986 | ÷ | 7,118 |
| Dec 31, 2014 | 1.96 | = | 11,765 | ÷ | 5,998 |
| Dec 31, 2013 | 1.70 | = | 12,733 | ÷ | 7,498 |
| Dec 31, 2012 | 2.20 | = | 13,630 | ÷ | 6,200 |
| Dec 31, 2011 | 2.25 | = | 12,240 | ÷ | 5,441 |
| Dec 31, 2010 | 2.01 | = | 12,215 | ÷ | 6,089 |
| Dec 31, 2009 | 2.20 | = | 10,795 | ÷ | 4,897 |
| Dec 31, 2008 | 1.64 | = | 9,598 | ÷ | 5,839 |
| Dec 31, 2007 | 1.83 | = | 9,838 | ÷ | 5,362 |
| Dec 31, 2006 | 1.22 | = | 8,946 | ÷ | 7,323 |
| Dec 31, 2005 | 1.36 | = | 7,115 | ÷ | 5,238 |
Based on: 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-08), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-12), 10-K (filing date: 2014-02-13), 10-K (filing date: 2013-02-14), 10-K (filing date: 2012-02-16), 10-K (filing date: 2011-02-16), 10-K (filing date: 2010-02-16), 10-K (filing date: 2009-02-17), 10-K (filing date: 2008-02-15), 10-K (filing date: 2007-02-26), 10-K (filing date: 2006-02-21).
1 US$ in millions
Comparison to Competitors
3M Co., current ratio, long-term trends, comparison to competitors
| 3M Co. | General Electric Co. | Honeywell International Inc. | |
|---|---|---|---|
| Dec 31, 2019 | 1.41 | 1.66 | 1.34 |
| Dec 31, 2018 | 1.89 | 1.76 | 1.29 |
| Dec 31, 2017 | 1.86 | 1.83 | 1.38 |
| Dec 31, 2016 | 1.89 | 1.92 | 1.41 |
| Dec 31, 2015 | 1.54 | 1.58 | 1.09 |
| Dec 31, 2014 | 1.96 | 1.98 | 1.50 |
| Dec 31, 2013 | 1.70 | 2.04 | 1.49 |
| Dec 31, 2012 | 2.20 | 1.94 | 1.35 |
| Dec 31, 2011 | 2.25 | 1.79 | 1.31 |
| Dec 31, 2010 | 2.01 | 2.11 | 1.28 |
| Dec 31, 2009 | 2.20 | 2.27 | 1.25 |
| Dec 31, 2008 | 1.64 | 2.02 | 1.08 |
| Dec 31, 2007 | 1.83 | 1.99 | 1.15 |
| Dec 31, 2006 | 1.22 | 1.99 | 1.21 |
| Dec 31, 2005 | 1.36 | 1.90 | 1.15 |
Based on: 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-08), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-12), 10-K (filing date: 2014-02-13), 10-K (filing date: 2013-02-14), 10-K (filing date: 2012-02-16), 10-K (filing date: 2011-02-16), 10-K (filing date: 2010-02-16), 10-K (filing date: 2009-02-17), 10-K (filing date: 2008-02-15), 10-K (filing date: 2007-02-26), 10-K (filing date: 2006-02-21).
Comparison to Sector (General Industrials)
3M Co., current ratio, long-term trends, comparison to sector (general industrials)
| 3M Co. | General Industrials | |
|---|---|---|
| Dec 31, 2019 | 1.41 | 1.58 |
| Dec 31, 2018 | 1.89 | 1.68 |
| Dec 31, 2017 | 1.86 | 1.75 |
| Dec 31, 2016 | 1.89 | 1.83 |
| Dec 31, 2015 | 1.54 | 1.51 |
| Dec 31, 2014 | 1.96 | 1.95 |
| Dec 31, 2013 | 1.70 | 2.00 |
| Dec 31, 2012 | 2.20 | 1.91 |
| Dec 31, 2011 | 2.25 | 1.78 |
| Dec 31, 2010 | 2.01 | 2.06 |
| Dec 31, 2009 | 2.20 | 2.22 |
| Dec 31, 2008 | 1.64 | 1.97 |
| Dec 31, 2007 | 1.83 | 1.95 |
| Dec 31, 2006 | 1.22 | 1.93 |
| Dec 31, 2005 | 1.36 | 1.85 |
Based on: 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-08), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-12), 10-K (filing date: 2014-02-13), 10-K (filing date: 2013-02-14), 10-K (filing date: 2012-02-16), 10-K (filing date: 2011-02-16), 10-K (filing date: 2010-02-16), 10-K (filing date: 2009-02-17), 10-K (filing date: 2008-02-15), 10-K (filing date: 2007-02-26), 10-K (filing date: 2006-02-21).
Comparison to Industry (Industrials)
3M Co., current ratio, long-term trends, comparison to industry (industrials)
| 3M Co. | Industrials | |
|---|---|---|
| Dec 31, 2019 | 1.41 | 1.27 |
| Dec 31, 2018 | 1.89 | 1.30 |
| Dec 31, 2017 | 1.86 | 1.44 |
| Dec 31, 2016 | 1.89 | 1.44 |
| Dec 31, 2015 | 1.54 | 1.37 |
| Dec 31, 2014 | 1.96 | 1.64 |
| Dec 31, 2013 | 1.70 | 1.69 |
| Dec 31, 2012 | 2.20 | 1.67 |
| Dec 31, 2011 | 2.25 | 1.59 |
| Dec 31, 2010 | 2.01 | 1.77 |
| Dec 31, 2009 | 2.20 | 1.86 |
| Dec 31, 2008 | 1.64 | 1.65 |
| Dec 31, 2007 | 1.83 | 1.65 |
| Dec 31, 2006 | 1.22 | 1.63 |
| Dec 31, 2005 | 1.36 | 1.57 |
Based on: 10-K (filing date: 2020-02-06), 10-K (filing date: 2019-02-07), 10-K (filing date: 2018-02-08), 10-K (filing date: 2017-02-09), 10-K (filing date: 2016-02-11), 10-K (filing date: 2015-02-12), 10-K (filing date: 2014-02-13), 10-K (filing date: 2013-02-14), 10-K (filing date: 2012-02-16), 10-K (filing date: 2011-02-16), 10-K (filing date: 2010-02-16), 10-K (filing date: 2009-02-17), 10-K (filing date: 2008-02-15), 10-K (filing date: 2007-02-26), 10-K (filing date: 2006-02-21).