Stock Analysis on Net
Stock Analysis on Net

International Business Machines Corp. (NYSE:IBM)

Current Ratio
since 2005

Microsoft Excel

Calculation

International Business Machines Corp., current ratio, long-term trends, calculation

Microsoft Excel

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

International Business Machines Corp., current ratio, long-term trends, comparison to competitors

Microsoft Excel
International Business Machines Corp. Accenture PLC Adobe Inc. Cadence Design Systems Inc. CrowdStrike Holdings Inc. Intuit Inc. Microsoft Corp. Oracle Corp. Palantir Technologies Inc. Palo Alto Networks Inc. Salesforce Inc. ServiceNow Inc. Synopsys Inc.
Dec 31, 2023 0.96 1.30 1.34 1.24 1.73 1.47 1.77 0.91 5.55 0.78 1.02 1.06 1.15
Dec 31, 2022 0.92 1.23 1.11 1.27 1.83 1.39 1.78 1.62 5.17 0.77 1.05 1.11 1.09
Dec 31, 2021 0.88 1.25 1.25 1.77 2.65 1.94 2.08 2.30 4.34 0.91 1.23 1.05 1.16
Dec 31, 2020 0.98 1.40 1.48 1.86 2.38 2.26 2.52 3.03 3.74 1.91 1.08 1.21 1.19
Dec 31, 2019 1.02 1.40 0.79 1.74 — 1.83 2.53 2.49 — 1.78 0.95 1.03 0.99
Dec 31, 2018 1.29 1.34 1.13 1.34 — 1.14 2.90 3.96 — 1.93 0.92 1.17 0.73
Dec 31, 2017 1.33 1.23 2.05 1.53 — 0.73 2.48 3.08 — 1.65 0.83 1.15 1.04
Dec 31, 2016 1.21 1.35 2.08 1.20 — 0.72 2.35 3.74 — 2.03 0.77 1.25 1.00
Dec 31, 2015 1.24 1.36 2.18 1.80 — 1.47 2.50 4.13 — 1.04 0.81 1.48 0.99
Dec 31, 2014 1.25 1.46 1.85 1.33 — 1.84 2.50 3.35 — 2.75 0.67 1.79 1.09
Dec 31, 2013 1.28 1.45 2.65 1.06 — 1.87 2.71 3.24 — 2.57 0.69 2.43 1.18
Dec 31, 2012 1.13 1.55 3.41 1.14 — 1.20 2.60 2.60 — 3.13 0.72 1.99 0.91
Dec 31, 2011 1.21 1.45 3.02 1.05 — 1.25 2.60 2.76 — — 0.84 — 1.33
Dec 31, 2010 1.19 1.46 3.01 1.26 — 1.88 2.13 1.84 — — 1.88 — 1.35
Dec 31, 2009 1.36 1.46 2.93 2.14 — 1.82 1.82 2.03 — — 1.39 — 1.80
Dec 31, 2008 1.15 1.34 3.59 1.69 — 1.21 1.45 1.81 — — 1.22 — 1.45
Dec 31, 2007 1.20 1.14 3.02 1.95 — 1.68 1.69 1.37 — — 1.11 — 1.29
Dec 31, 2006 1.11 1.26 4.26 2.39 — 1.79 2.18 1.73 — — 1.29 — 1.03
Dec 31, 2005 1.30 1.37 4.18 2.11 — 1.61 2.89 1.05 — — 1.36 — 1.16

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 (Software & Services)

International Business Machines Corp., current ratio, long-term trends, comparison to sector (software & services)

Microsoft Excel
International Business Machines Corp. Software & Services
Dec 31, 2023 0.96 1.38
Dec 31, 2022 0.92 1.44
Dec 31, 2021 0.88 1.68
Dec 31, 2020 0.98 1.93
Dec 31, 2019 1.02 1.85
Dec 31, 2018 1.29 2.23
Dec 31, 2017 1.33 2.06
Dec 31, 2016 1.21 2.03
Dec 31, 2015 1.24 2.14
Dec 31, 2014 1.25 2.00
Dec 31, 2013 1.28 2.04
Dec 31, 2012 1.13 1.84
Dec 31, 2011 1.21 1.87
Dec 31, 2010 1.19 1.61
Dec 31, 2009 1.36 1.62
Dec 31, 2008 1.15 1.36
Dec 31, 2007 1.20 1.38
Dec 31, 2006 1.11 1.53
Dec 31, 2005 1.30 1.70

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 (Information Technology)

International Business Machines Corp., current ratio, long-term trends, comparison to industry (information technology)

Microsoft Excel
International Business Machines Corp. Information Technology
Dec 31, 2023 0.96 1.41
Dec 31, 2022 0.92 1.37
Dec 31, 2021 0.88 1.55
Dec 31, 2020 0.98 1.71
Dec 31, 2019 1.02 1.66
Dec 31, 2018 1.29 1.88
Dec 31, 2017 1.33 2.04
Dec 31, 2016 1.21 2.01
Dec 31, 2015 1.24 2.03
Dec 31, 2014 1.25 1.97
Dec 31, 2013 1.28 2.20
Dec 31, 2012 1.13 2.07
Dec 31, 2011 1.21 2.11
Dec 31, 2010 1.19 2.01
Dec 31, 2009 1.36 2.03
Dec 31, 2008 1.15 1.80
Dec 31, 2007 1.20 1.79
Dec 31, 2006 1.11 1.85
Dec 31, 2005 1.30 2.01

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).