Honeywell Current Ratio from 2010 to 2024

HON Stock  USD 195.58  1.32  0.68%   
Honeywell International Current Ratio yearly trend continues to be very stable with very little volatility. Current Ratio is likely to grow to 1.46 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.26770592
Current Value
1.46
Quarterly Volatility
0.13184617
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Honeywell International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Honeywell main balance sheet or income statement drivers, such as Depreciation And Amortization of 859.6 M, Interest Expense of 803.2 M or Total Revenue of 28.3 B, as well as many exotic indicators such as Price To Sales Ratio of 3.98, Dividend Yield of 0.0261 or PTB Ratio of 9.21. Honeywell financial statements analysis is a perfect complement when working with Honeywell International Valuation or Volatility modules.
  
This module can also supplement Honeywell International's financial leverage analysis and stock options assessment as well as various Honeywell International Technical models . Check out the analysis of Honeywell International Correlation against competitors.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.

Latest Honeywell International's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Honeywell International over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Honeywell International's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Honeywell International's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.24 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Honeywell Current Ratio Regression Statistics

Arithmetic Mean1.37
Geometric Mean1.36
Coefficient Of Variation9.62
Mean Deviation0.10
Median1.35
Standard Deviation0.13
Sample Variance0.02
Range0.5519
R-Value(0.31)
Mean Square Error0.02
R-Squared0.09
Significance0.27
Slope(0.01)
Total Sum of Squares0.24

Honeywell Current Ratio History

2024 1.46
2023 1.27
2022 1.25
2021 1.3
2020 1.47
2019 1.34
2018 1.29

About Honeywell International Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Honeywell International income statement, its balance sheet, and the statement of cash flows. Honeywell International investors use historical funamental indicators, such as Honeywell International's Current Ratio, to determine how well the company is positioned to perform in the future. Although Honeywell International investors may use each financial statement separately, they are all related. The changes in Honeywell International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Honeywell International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Honeywell International Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Honeywell International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.27  1.46 

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When determining whether Honeywell International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Honeywell International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Honeywell International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Honeywell International Stock:
Check out the analysis of Honeywell International Correlation against competitors.
To learn how to invest in Honeywell Stock, please use our How to Invest in Honeywell International guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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Is Honeywell International'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 Honeywell International. If investors know Honeywell 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 Honeywell International 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
0.268
Dividend Share
4.17
Earnings Share
8.47
Revenue Per Share
55.297
Quarterly Revenue Growth
0.028
The market value of Honeywell International is measured differently than its book value, which is the value of Honeywell that is recorded on the company's balance sheet. Investors also form their own opinion of Honeywell International's value that differs from its market value or its book value, called intrinsic value, which is Honeywell International'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 Honeywell International's market value can be influenced by many factors that don't directly affect Honeywell International'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 Honeywell International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Honeywell International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Honeywell International'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.