Its or it's? π

It's = it is or it has
It's raining. (it is)
It's been a long day. (it has)
Its = belonging to it
The dog is eating its food.
The company changed its name.
Simple test
Can you say it is or it has instead? Then write it's. If not, write its.
β The cat hurt it's leg.
β The cat hurt its leg.
β Its very cold today.
β It's very cold today.