TriMas Short Term Coverage Ratios from 2010 to 2024

TRS Stock  USD 24.56  0.03  0.12%   
TriMas Short Term Coverage Ratios yearly trend continues to be comparatively stable with very little volatility. Short Term Coverage Ratios will likely drop to 12.19 in 2024. From the period from 2010 to 2024, TriMas Short Term Coverage Ratios quarterly data regression had r-value of (0.38) and coefficient of variation of  183.41. View All Fundamentals
 
Short Term Coverage Ratios  
First Reported
2010-12-31
Previous Quarter
12.83
Current Value
12.19
Quarterly Volatility
37.84853985
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TriMas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TriMas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 45.9 M, Interest Expense of 22.5 M or Total Revenue of 948.7 M, as well as many indicators such as Price To Sales Ratio of 1.12, Dividend Yield of 0.0061 or PTB Ratio of 1.46. TriMas financial statements analysis is a perfect complement when working with TriMas Valuation or Volatility modules.
  
Check out the analysis of TriMas Correlation against competitors.
For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.

Latest TriMas' Short Term Coverage Ratios Growth Pattern

Below is the plot of the Short Term Coverage Ratios of TriMas over the last few years. It is TriMas' Short Term Coverage Ratios historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TriMas' overall financial position and show how it may be relating to other accounts over time.
Short Term Coverage Ratios10 Years Trend
Slightly volatile
   Short Term Coverage Ratios   
       Timeline  

TriMas Short Term Coverage Ratios Regression Statistics

Arithmetic Mean20.64
Geometric Mean11.96
Coefficient Of Variation183.41
Mean Deviation18.12
Median12.19
Standard Deviation37.85
Sample Variance1,433
Range152
R-Value(0.38)
Mean Square Error1,320
R-Squared0.14
Significance0.16
Slope(3.22)
Total Sum of Squares20,055

TriMas Short Term Coverage Ratios History

2024 12.19
2023 12.83
2021 11.16
2020 18.9
2017 14.82
2016 5.83
2015 4.52

About TriMas Financial Statements

TriMas shareholders use historical fundamental indicators, such as Short Term Coverage Ratios, to determine how well the company is positioned to perform in the future. Although TriMas investors may analyze each financial statement separately, they are all interrelated. The changes in TriMas' assets and liabilities, for example, are also reflected in the revenues and expenses on on TriMas' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Short Term Coverage Ratios 12.83  12.19 

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Additional Tools for TriMas Stock Analysis

When running TriMas' price analysis, check to measure TriMas' 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 TriMas is operating at the current time. Most of TriMas' value examination focuses on studying past and present price action to predict the probability of TriMas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriMas' price. Additionally, you may evaluate how the addition of TriMas to your portfolios can decrease your overall portfolio volatility.