Trimble Total Assets vs Long Term Debt Total Analysis
TRMB Stock | USD 57.30 0.02 0.03% |
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 Total Assets and its Long Term Debt Total 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.
Total Assets vs Long Term Debt Total
Total Assets vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trimble Total Assets account and Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Trimble's Total Assets and Long Term Debt Total is 0.76. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Trimble, assuming nothing else is changed. The correlation between historical values of Trimble's Total Assets and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Trimble are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Assets i.e., Trimble's Total Assets and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.76 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Assets
Total assets refers to the total amount of Trimble assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Trimble books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Long Term Debt Total
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 Revenue | 3.7B | 3.7B | 3.8B | 4.0B | Depreciation And Amortization | 269.2M | 232.3M | 250.6M | 263.1M |
Trimble fundamental ratios Correlations
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Trimble Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trimble fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6B | 6.9B | 7.1B | 7.3B | 9.5B | 10.0B | |
Short Long Term Debt Total | 2.0B | 1.7B | 1.4B | 1.6B | 3.2B | 3.4B | |
Other Current Liab | 321.6M | 351.8M | 201.5M | 347.5M | 441.4M | 463.5M | |
Total Current Liabilities | 1.2B | 1.3B | 1.2B | 1.5B | 1.8B | 1.9B | |
Total Stockholder Equity | 3.1B | 3.6B | 3.9B | 4.1B | 4.5B | 4.7B | |
Property Plant And Equipment Net | 381.7M | 380.7M | 374.2M | 340.2M | 326.5M | 342.8M | |
Net Debt | 1.8B | 1.4B | 1.1B | 1.4B | 3.0B | 3.1B | |
Retained Earnings | 1.6B | 1.9B | 2.2B | 2.2B | 2.4B | 2.6B | |
Cash | 189.2M | 237.7M | 325.7M | 271M | 229.8M | 124.9M | |
Non Current Assets Total | 5.4B | 5.6B | 5.6B | 5.8B | 7.7B | 8.1B | |
Non Currrent Assets Other | 212.4M | 248M | 284.7M | 336.2M | (868M) | (824.6M) | |
Cash And Short Term Investments | 189.2M | 237.7M | 325.7M | 271M | 229.8M | 135.4M | |
Net Receivables | 608.2M | 620.5M | 624.8M | 643.3M | 706.6M | 741.9M | |
Common Stock Shares Outstanding | 252.9M | 252.3M | 254.3M | 250.2M | 249.1M | 213.1M | |
Liabilities And Stockholders Equity | 6.6B | 6.9B | 7.1B | 7.3B | 9.5B | 10.0B | |
Non Current Liabilities Total | 2.3B | 2.0B | 2.0B | 1.8B | 3.2B | 3.4B | |
Inventory | 312.1M | 301.7M | 363.3M | 402.5M | 235.7M | 157.7M | |
Other Current Assets | 102.3M | 121.5M | 136.8M | 201.4M | 658.8M | 691.7M | |
Other Stockholder Equity | 1.7B | 1.8B | 1.9B | 2.1B | 2.2B | 2.3B | |
Total Liab | 3.5B | 3.3B | 3.2B | 3.2B | 5.0B | 5.3B | |
Total Current Assets | 1.2B | 1.3B | 1.5B | 1.5B | 1.8B | 1.9B | |
Short Term Debt | 219M | 255.8M | 231M | 300M | 559.5M | 587.5M | |
Accounts Payable | 159.3M | 143.2M | 207.3M | 175.5M | 165.3M | 173.6M | |
Intangible Assets | 678.7M | 580.1M | 506.6M | 498.1M | 1.2B | 1.3B | |
Property Plant And Equipment Gross | 381.7M | 380.7M | 374.2M | 219M | 677M | 710.9M | |
Accumulated Other Comprehensive Income | (176.8M) | (98.5M) | (161.7M) | (234.9M) | (152.1M) | (144.5M) | |
Other Liab | 591.7M | 566.4M | 551.7M | 431.6M | 496.3M | 521.2M | |
Other Assets | 687.9M | 758.2M | 786.7M | 774.6M | 890.8M | 935.3M | |
Long Term Debt | 1.6B | 1.3B | 1.3B | 1.2B | 2.5B | 2.7B | |
Good Will | 3.7B | 3.9B | 4.0B | 4.1B | 5.4B | 5.6B | |
Property Plant Equipment | 381.7M | 251.8M | 374.2M | 219M | 251.9M | 134.2M | |
Current Deferred Revenue | 490.4M | 560.5M | 548.8M | 639.1M | 663.1M | 696.3M | |
Net Tangible Assets | (1.2B) | (859.7M) | (543.4M) | 4.1B | 4.7B | 4.9B | |
Long Term Debt Total | 1.6B | 1.3B | 1.3B | 1.2B | 1.4B | 1.0B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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.