Trimble Other Operating Expenses vs Income Before Tax Analysis

TRMB Stock  USD 57.24  0.15  0.26%   
Trimble financial indicator trend analysis is much more than just breaking down Trimble prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trimble is a good investment. Please check the relationship between Trimble Other Operating Expenses and its Income Before Tax accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trimble. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Trimble Stock refer to our How to Trade Trimble Stock guide.

Other Operating Expenses vs Income Before Tax

Other Operating Expenses vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trimble Other Operating Expenses account and Income Before Tax. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Trimble's Other Operating Expenses and Income Before Tax is 0.83. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Trimble, assuming nothing else is changed. The correlation between historical values of Trimble's Other Operating Expenses and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Trimble are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Other Operating Expenses i.e., Trimble's Other Operating Expenses and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.83
Relationship DirectionPositive 
Relationship StrengthStrong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Trimble. It is also known as Trimble overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Trimble income statement and is an important metric when analyzing Trimble profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Trimble's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trimble current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trimble. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Trimble Stock refer to our How to Trade Trimble Stock guide.At present, Trimble's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 11.5 M, whereas Tax Provision is forecasted to decline to about 36.5 M.
 2021 2022 2023 2024 (projected)
Total Revenue3.7B3.7B3.8B4.0B
Depreciation And Amortization269.2M232.3M250.6M263.1M

Trimble fundamental ratios Correlations

0.940.940.990.980.90.920.970.461.0-0.510.260.970.390.970.450.820.830.990.960.930.860.830.92-0.5-0.5
0.940.920.940.870.761.00.850.230.95-0.680.080.870.220.990.210.90.770.980.870.970.70.910.94-0.5-0.5
0.940.920.950.910.810.90.880.40.93-0.510.280.930.440.910.410.780.770.940.920.90.760.830.86-0.45-0.45
0.990.940.950.970.890.920.960.440.99-0.520.270.960.330.950.40.840.860.980.950.950.820.790.92-0.56-0.56
0.980.870.910.970.910.830.990.540.97-0.410.340.980.490.90.550.750.80.930.970.880.90.760.86-0.44-0.44
0.90.760.810.890.910.730.910.550.9-0.160.320.930.380.840.60.550.80.860.830.740.850.550.79-0.56-0.56
0.921.00.90.920.830.730.820.150.93-0.710.00.830.180.980.150.90.730.970.830.960.650.910.94-0.47-0.47
0.970.850.880.960.990.910.820.50.97-0.420.290.960.420.890.520.770.790.920.940.880.860.740.87-0.45-0.45
0.460.230.40.440.540.550.150.50.420.220.930.590.60.320.730.080.60.370.620.240.750.080.24-0.42-0.42
1.00.950.930.990.970.90.930.970.42-0.510.210.970.360.970.430.820.820.990.940.940.840.830.93-0.5-0.5
-0.51-0.68-0.51-0.52-0.41-0.16-0.71-0.420.22-0.510.2-0.320.17-0.60.44-0.89-0.31-0.57-0.47-0.73-0.12-0.76-0.730.160.16
0.260.080.280.270.340.320.00.290.930.210.20.390.480.140.51-0.010.480.190.480.120.55-0.060.11-0.43-0.43
0.970.870.930.960.980.930.830.960.590.97-0.320.390.540.910.610.680.830.940.960.840.930.740.83-0.48-0.48
0.390.220.440.330.490.380.180.420.60.360.170.480.540.280.810.010.20.30.50.150.650.370.160.220.22
0.970.990.910.950.90.840.980.890.320.97-0.60.140.910.280.30.850.80.990.890.940.780.880.95-0.52-0.52
0.450.210.410.40.550.60.150.520.730.430.440.510.610.810.3-0.080.370.340.50.150.750.150.12-0.05-0.05
0.820.90.780.840.750.550.90.770.080.82-0.89-0.010.680.010.85-0.080.640.850.780.940.490.860.92-0.39-0.39
0.830.770.770.860.80.80.730.790.60.82-0.310.480.830.20.80.370.640.830.840.80.760.50.74-0.84-0.84
0.990.980.940.980.930.860.970.920.370.99-0.570.190.940.30.990.340.850.830.920.950.80.860.95-0.54-0.54
0.960.870.920.950.970.830.830.940.620.94-0.470.480.960.50.890.50.780.840.920.880.90.770.86-0.48-0.48
0.930.970.90.950.880.740.960.880.240.94-0.730.120.840.150.940.150.940.80.950.880.660.850.95-0.54-0.54
0.860.70.760.820.90.850.650.860.750.84-0.120.550.930.650.780.750.490.760.80.90.660.60.66-0.41-0.41
0.830.910.830.790.760.550.910.740.080.83-0.76-0.060.740.370.880.150.860.50.860.770.850.60.85-0.12-0.12
0.920.940.860.920.860.790.940.870.240.93-0.730.110.830.160.950.120.920.740.950.860.950.660.85-0.49-0.49
-0.5-0.5-0.45-0.56-0.44-0.56-0.47-0.45-0.42-0.50.16-0.43-0.480.22-0.52-0.05-0.39-0.84-0.54-0.48-0.54-0.41-0.12-0.491.0
-0.5-0.5-0.45-0.56-0.44-0.56-0.47-0.45-0.42-0.50.16-0.43-0.480.22-0.52-0.05-0.39-0.84-0.54-0.48-0.54-0.41-0.12-0.491.0
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Trimble Account Relationship Matchups

Trimble fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B6.9B7.1B7.3B9.5B10.0B
Short Long Term Debt Total2.0B1.7B1.4B1.6B3.2B3.4B
Other Current Liab321.6M351.8M201.5M347.5M441.4M463.5M
Total Current Liabilities1.2B1.3B1.2B1.5B1.8B1.9B
Total Stockholder Equity3.1B3.6B3.9B4.1B4.5B4.7B
Property Plant And Equipment Net381.7M380.7M374.2M340.2M326.5M342.8M
Net Debt1.8B1.4B1.1B1.4B3.0B3.1B
Retained Earnings1.6B1.9B2.2B2.2B2.4B2.6B
Cash189.2M237.7M325.7M271M229.8M124.9M
Non Current Assets Total5.4B5.6B5.6B5.8B7.7B8.1B
Non Currrent Assets Other212.4M248M284.7M336.2M(868M)(824.6M)
Cash And Short Term Investments189.2M237.7M325.7M271M229.8M135.4M
Net Receivables608.2M620.5M624.8M643.3M706.6M741.9M
Common Stock Shares Outstanding252.9M252.3M254.3M250.2M249.1M213.1M
Liabilities And Stockholders Equity6.6B6.9B7.1B7.3B9.5B10.0B
Non Current Liabilities Total2.3B2.0B2.0B1.8B3.2B3.4B
Inventory312.1M301.7M363.3M402.5M235.7M157.7M
Other Current Assets102.3M121.5M136.8M201.4M658.8M691.7M
Other Stockholder Equity1.7B1.8B1.9B2.1B2.2B2.3B
Total Liab3.5B3.3B3.2B3.2B5.0B5.3B
Total Current Assets1.2B1.3B1.5B1.5B1.8B1.9B
Short Term Debt219M255.8M231M300M559.5M587.5M
Accounts Payable159.3M143.2M207.3M175.5M165.3M173.6M
Intangible Assets678.7M580.1M506.6M498.1M1.2B1.3B
Property Plant And Equipment Gross381.7M380.7M374.2M219M677M710.9M
Accumulated Other Comprehensive Income(176.8M)(98.5M)(161.7M)(234.9M)(152.1M)(144.5M)
Other Liab591.7M566.4M551.7M431.6M496.3M521.2M
Other Assets687.9M758.2M786.7M774.6M890.8M935.3M
Long Term Debt1.6B1.3B1.3B1.2B2.5B2.7B
Good Will3.7B3.9B4.0B4.1B5.4B5.6B
Property Plant Equipment381.7M251.8M374.2M219M251.9M134.2M
Current Deferred Revenue490.4M560.5M548.8M639.1M663.1M696.3M
Net Tangible Assets(1.2B)(859.7M)(543.4M)4.1B4.7B4.9B
Long Term Debt Total1.6B1.3B1.3B1.2B1.4B1.0B

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When determining whether Trimble offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trimble'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 Trimble Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trimble Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trimble. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade Trimble Stock refer to our How to Trade Trimble Stock guide.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Trimble's price analysis, check to measure Trimble's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trimble is operating at the current time. Most of Trimble's value examination focuses on studying past and present price action to predict the probability of Trimble's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trimble's price. Additionally, you may evaluate how the addition of Trimble to your portfolios can decrease your overall portfolio volatility.
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Is Trimble'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 Trimble. If investors know Trimble 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 Trimble 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
(0.56)
Earnings Share
0.96
Revenue Per Share
15.503
Quarterly Revenue Growth
0.041
Return On Assets
0.0389
The market value of Trimble is measured differently than its book value, which is the value of Trimble that is recorded on the company's balance sheet. Investors also form their own opinion of Trimble's value that differs from its market value or its book value, called intrinsic value, which is Trimble'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 Trimble's market value can be influenced by many factors that don't directly affect Trimble'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 Trimble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trimble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trimble'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.