Current Ratio
since 2005
Calculation
Eaton Corp. plc, current ratio, long-term trends, calculation
| Current ratio | = | Current assets1 | ÷ | Current liabilities1 | |
|---|---|---|---|---|---|
| Dec 31, 2023 | 1.51 | = | 11,675) | ÷ | 7,747) |
| Dec 31, 2022 | 1.38 | = | 8,746) | ÷ | 6,360) |
| Dec 31, 2021 | 1.04 | = | 7,511) | ÷ | 7,212) |
| Dec 31, 2020 | 1.56 | = | 9,178) | ÷ | 5,881) |
| Dec 31, 2019 | 1.70 | = | 8,728) | ÷ | 5,132) |
| Dec 31, 2018 | 1.47 | = | 7,590) | ÷ | 5,154) |
| Dec 31, 2017 | 1.64 | = | 8,337) | ÷ | 5,075) |
| Dec 31, 2016 | 1.27 | = | 6,941) | ÷ | 5,485) |
| Dec 31, 2015 | 1.43 | = | 6,616) | ÷ | 4,625) |
| Dec 31, 2014 | 1.51 | = | 8,100) | ÷ | 5,355) |
| Dec 31, 2013 | 1.78 | = | 8,731) | ÷ | 4,914) |
| Dec 31, 2012 | 1.44 | = | 7,844) | ÷ | 5,431) |
| Dec 31, 2011 | 1.60 | = | 5,826) | ÷ | 3,637) |
| Dec 31, 2010 | 1.70 | = | 5,506) | ÷ | 3,233) |
| Dec 31, 2009 | 1.68 | = | 4,524) | ÷ | 2,689) |
| Dec 31, 2008 | 1.28 | = | 4,795) | ÷ | 3,745) |
| Dec 31, 2007 | 1.30 | = | 4,767) | ÷ | 3,659) |
| Dec 31, 2006 | 1.29 | = | 4,408) | ÷ | 3,407) |
| Dec 31, 2005 | 1.21 | = | 3,578) | ÷ | 2,968) |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Eaton Corp. plc, current ratio, long-term trends, comparison to competitors
| Eaton Corp. plc | Boeing Co. | Caterpillar Inc. | GE Aerospace | Honeywell International Inc. | Lockheed Martin Corp. | RTX Corp. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2023 | 1.51 | 1.14 | 1.35 | 1.18 | 1.27 | 1.21 | 1.04 |
| Dec 31, 2022 | 1.38 | 1.22 | 1.39 | 1.16 | 1.25 | 1.32 | 1.09 |
| Dec 31, 2021 | 1.04 | 1.33 | 1.46 | 1.28 | 1.30 | 1.42 | 1.19 |
| Dec 31, 2020 | 1.56 | 1.39 | 1.53 | 1.58 | 1.47 | 1.39 | 1.21 |
| Dec 31, 2019 | 1.70 | 1.05 | 1.47 | 1.16 | 1.34 | 1.22 | 1.08 |
| Dec 31, 2018 | 1.47 | 1.08 | 1.37 | — | 1.29 | 1.12 | 1.13 |
| Dec 31, 2017 | 1.64 | 1.16 | 1.35 | — | 1.38 | 1.38 | 1.35 |
| Dec 31, 2016 | 1.27 | 1.25 | 1.22 | — | 1.41 | 1.20 | 1.30 |
| Dec 31, 2015 | 1.43 | 1.35 | 1.31 | — | 1.09 | 1.15 | 1.18 |
| Dec 31, 2014 | 1.51 | 1.20 | 1.39 | — | 1.50 | 1.11 | 1.30 |
| Dec 31, 2013 | 1.78 | 1.26 | 1.40 | — | 1.49 | 1.20 | 1.29 |
| Dec 31, 2012 | 1.44 | 1.27 | 1.43 | — | 1.35 | 1.14 | 1.24 |
| Dec 31, 2011 | 1.60 | 1.21 | 1.33 | — | 1.31 | 1.16 | 1.38 |
| Dec 31, 2010 | 1.70 | 1.15 | 1.44 | — | 1.28 | 1.15 | 1.33 |
| Dec 31, 2009 | 1.68 | 1.07 | 1.39 | — | 1.25 | 1.17 | 1.29 |
| Dec 31, 2008 | 1.28 | 0.84 | 1.21 | — | 1.08 | 1.01 | 1.24 |
| Dec 31, 2007 | 1.30 | 0.86 | 1.15 | — | 1.15 | 1.11 | 1.26 |
| Dec 31, 2006 | 1.29 | 0.77 | 1.20 | — | 1.21 | 1.06 | 1.24 |
| Dec 31, 2005 | 1.21 | 0.78 | 1.19 | — | 1.15 | 1.12 | 1.12 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Capital Goods)
Eaton Corp. plc, current ratio, long-term trends, comparison to sector (capital goods)
| Eaton Corp. plc | Capital Goods | |
|---|---|---|
| Dec 31, 2023 | 1.51 | 1.18 |
| Dec 31, 2022 | 1.38 | 1.22 |
| Dec 31, 2021 | 1.04 | 1.31 |
| Dec 31, 2020 | 1.56 | 1.43 |
| Dec 31, 2019 | 1.70 | 1.17 |
| Dec 31, 2018 | 1.47 | 1.17 |
| Dec 31, 2017 | 1.64 | 1.29 |
| Dec 31, 2016 | 1.27 | 1.27 |
| Dec 31, 2015 | 1.43 | 1.26 |
| Dec 31, 2014 | 1.51 | 1.29 |
| Dec 31, 2013 | 1.78 | 1.34 |
| Dec 31, 2012 | 1.44 | 1.31 |
| Dec 31, 2011 | 1.60 | 1.29 |
| Dec 31, 2010 | 1.70 | 1.28 |
| Dec 31, 2009 | 1.68 | 1.23 |
| Dec 31, 2008 | 1.28 | 1.07 |
| Dec 31, 2007 | 1.30 | 1.08 |
| Dec 31, 2006 | 1.29 | 1.05 |
| Dec 31, 2005 | 1.21 | 1.03 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Industrials)
Eaton Corp. plc, current ratio, long-term trends, comparison to industry (industrials)
| Eaton Corp. plc | Industrials | |
|---|---|---|
| Dec 31, 2023 | 1.51 | 1.18 |
| Dec 31, 2022 | 1.38 | 1.21 |
| Dec 31, 2021 | 1.04 | 1.30 |
| Dec 31, 2020 | 1.56 | 1.42 |
| Dec 31, 2019 | 1.70 | 1.19 |
| Dec 31, 2018 | 1.47 | 1.17 |
| Dec 31, 2017 | 1.64 | 1.29 |
| Dec 31, 2016 | 1.27 | 1.27 |
| Dec 31, 2015 | 1.43 | 1.28 |
| Dec 31, 2014 | 1.51 | 1.31 |
| Dec 31, 2013 | 1.78 | 1.38 |
| Dec 31, 2012 | 1.44 | 1.35 |
| Dec 31, 2011 | 1.60 | 1.33 |
| Dec 31, 2010 | 1.70 | 1.32 |
| Dec 31, 2009 | 1.68 | 1.26 |
| Dec 31, 2008 | 1.28 | 1.09 |
| Dec 31, 2007 | 1.30 | 1.09 |
| Dec 31, 2006 | 1.29 | 1.07 |
| Dec 31, 2005 | 1.21 | 1.06 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).