Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Honeywell International Inc. (NYSE:HON)

Analysis of Liquidity Ratios

Beginner level

Liquidity Ratios (Summary)

Honeywell International Inc., liquidity ratios

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Current ratio 1.34 1.29 1.38 1.41 1.09
Quick ratio 0.99 0.97 1.04 1.07 0.74
Cash ratio 0.58 0.58 0.57 0.57 0.30

Based on: 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-10), 10-K (filing date: 2016-02-12).

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 2017 to 2018 but then improved from 2018 to 2019 not reaching 2017 level.
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 2017 to 2018 but then slightly improved from 2018 to 2019.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Honeywell International Inc.’s cash ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019.

Current Ratio

Honeywell International Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Current assets 24,303  24,362  26,002  23,058  20,053 
Current liabilities 18,098  18,924  18,861  16,331  18,371 
Liquidity Ratio
Current ratio1 1.34 1.29 1.38 1.41 1.09
Benchmarks
Current Ratio, Competitors2
3M Co. 1.41 1.89 1.86 1.89 1.54
General Electric Co. 1.66 1.76 1.83 1.92 1.58
Current Ratio, Sector
General Industrials 1.58 1.68 1.75 1.83 1.51
Current Ratio, Industry
Industrials 1.28 1.29 1.44 1.44 1.38

Based on: 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-10), 10-K (filing date: 2016-02-12).

1 2019 Calculation
Current ratio = Current assets ÷ Current liabilities
= 24,303 ÷ 18,098 = 1.34

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 2017 to 2018 but then improved from 2018 to 2019 not reaching 2017 level.

Quick Ratio

Honeywell International Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Cash and cash equivalents 9,067  9,287  7,059  7,843  5,455 
Short-term investments 1,349  1,623  3,758  1,520  — 
Accounts receivable, net 7,493  7,508  8,866  8,177  8,075 
Total quick assets 17,909  18,418  19,683  17,540  13,530 
 
Current liabilities 18,098  18,924  18,861  16,331  18,371 
Liquidity Ratio
Quick ratio1 0.99 0.97 1.04 1.07 0.74
Benchmarks
Quick Ratio, Competitors2
3M Co. 0.79 1.14 1.18 1.14 0.85
General Electric Co. 1.47 1.48 1.55 1.64 1.37
Quick Ratio, Sector
General Industrials 1.33 1.36 1.43 1.52 1.26
Quick Ratio, Industry
Industrials 0.80 0.81 0.97 0.96 0.92

Based on: 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-10), 10-K (filing date: 2016-02-12).

1 2019 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 17,909 ÷ 18,098 = 0.99

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 2017 to 2018 but then slightly improved from 2018 to 2019.

Cash Ratio

Honeywell International Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Cash and cash equivalents 9,067  9,287  7,059  7,843  5,455 
Short-term investments 1,349  1,623  3,758  1,520  — 
Total cash assets 10,416  10,910  10,817  9,363  5,455 
 
Current liabilities 18,098  18,924  18,861  16,331  18,371 
Liquidity Ratio
Cash ratio1 0.58 0.58 0.57 0.57 0.30
Benchmarks
Cash Ratio, Competitors2
3M Co. 0.27 0.45 0.54 0.43 0.27
General Electric Co. 1.12 0.99 1.03 1.13 0.95
Cash Ratio, Sector
General Industrials 0.95 0.87 0.92 1.00 0.82
Cash Ratio, Industry
Industrials 0.41 0.37 0.51 0.52 0.50

Based on: 10-K (filing date: 2020-02-14), 10-K (filing date: 2019-02-08), 10-K (filing date: 2018-02-09), 10-K (filing date: 2017-02-10), 10-K (filing date: 2016-02-12).

1 2019 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 10,416 ÷ 18,098 = 0.58

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 improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019.