Trent Total Operating Expenses vs Reconciled Depreciation Analysis

TRENT Stock   6,795  52.20  0.77%   
Trent financial indicator trend analysis is much more than just breaking down Trent Limited prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trent Limited is a good investment. Please check the relationship between Trent Total Operating Expenses and its Reconciled Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trent Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Total Operating Expenses vs Reconciled Depreciation

Total Operating Expenses vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trent Limited Total Operating Expenses account and Reconciled Depreciation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Trent's Total Operating Expenses and Reconciled Depreciation is 0.72. Overlapping area represents the amount of variation of Total Operating Expenses that can explain the historical movement of Reconciled Depreciation in the same time period over historical financial statements of Trent Limited, assuming nothing else is changed. The correlation between historical values of Trent's Total Operating Expenses and Reconciled Depreciation 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 Operating Expenses of Trent Limited are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Total Operating Expenses i.e., Trent's Total Operating Expenses and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Reconciled Depreciation

Most indicators from Trent's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trent Limited 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 Trent Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
At this time, Trent's Selling General Administrative is very stable compared to the past year. As of the 1st of December 2024, Discontinued Operations is likely to grow to about 317.5 M, while Issuance Of Capital Stock is likely to drop about 339.4 M.
 2021 2022 2023 2024 (projected)
Gross Profit19.7B35.2B52.4B55.0B
Total Revenue44.5B82.4B123.8B129.9B

Trent fundamental ratios Correlations

0.850.690.760.870.870.730.80.360.890.640.9-0.20.610.910.830.870.770.30.880.910.410.490.250.49-0.39
0.850.270.330.490.990.850.42-0.030.970.160.65-0.230.460.751.00.520.490.230.990.560.50.340.31-0.01-0.31
0.690.270.920.840.350.420.910.670.360.930.68-0.120.360.560.270.920.680.310.370.87-0.150.30.130.89-0.21
0.760.330.920.940.40.340.930.620.460.920.75-0.150.590.650.30.930.740.450.420.910.10.510.070.86-0.38
0.870.490.840.940.540.380.880.570.60.890.89-0.180.630.830.460.930.810.290.550.960.290.530.10.81-0.4
0.870.990.350.40.540.850.50.050.990.230.68-0.210.530.770.990.580.520.281.00.620.450.410.310.05-0.3
0.730.850.420.340.380.850.46-0.010.830.180.42-0.230.370.480.860.560.510.40.870.490.340.240.430.07-0.31
0.80.420.910.930.880.50.460.70.510.880.790.040.510.70.430.960.770.30.520.950.010.490.070.81-0.3
0.36-0.030.670.620.570.05-0.010.70.040.720.560.60.110.330.00.590.290.120.070.63-0.280.45-0.160.690.13
0.890.970.360.460.60.990.830.510.040.270.69-0.250.630.780.950.60.560.350.980.640.540.480.30.1-0.36
0.640.160.930.920.890.230.180.880.720.270.75-0.080.380.630.150.890.730.190.250.88-0.070.320.00.97-0.31
0.90.650.680.750.890.680.420.790.560.690.75-0.050.420.960.640.840.70.020.690.930.250.41-0.020.63-0.3
-0.2-0.23-0.12-0.15-0.18-0.21-0.230.040.6-0.25-0.08-0.05-0.19-0.22-0.17-0.15-0.33-0.06-0.19-0.07-0.260.28-0.21-0.090.53
0.610.460.360.590.630.530.370.510.110.630.380.42-0.190.460.420.520.550.60.530.530.490.810.250.25-0.38
0.910.750.560.650.830.770.480.70.330.780.630.96-0.220.460.740.770.71-0.030.770.870.350.340.030.49-0.38
0.831.00.270.30.460.990.860.430.00.950.150.64-0.170.420.740.510.480.190.980.560.460.320.32-0.02-0.27
0.870.520.920.930.930.580.560.960.590.60.890.84-0.150.520.770.510.850.290.60.970.160.440.120.82-0.42
0.770.490.680.740.810.520.510.770.290.560.730.7-0.330.550.710.480.850.180.540.820.440.370.080.68-0.7
0.30.230.310.450.290.280.40.30.120.350.190.02-0.060.6-0.030.190.290.180.290.210.240.540.340.12-0.26
0.880.990.370.420.551.00.870.520.070.980.250.69-0.190.530.770.980.60.540.290.640.460.420.30.08-0.32
0.910.560.870.910.960.620.490.950.630.640.880.93-0.070.530.870.560.970.820.210.640.180.480.070.79-0.35
0.410.5-0.150.10.290.450.340.01-0.280.54-0.070.25-0.260.490.350.460.160.440.240.460.180.360.09-0.11-0.56
0.490.340.30.510.530.410.240.490.450.480.320.410.280.810.340.320.440.370.540.420.480.360.120.2-0.22
0.250.310.130.070.10.310.430.07-0.160.30.0-0.02-0.210.250.030.320.120.080.340.30.070.090.12-0.120.05
0.49-0.010.890.860.810.050.070.810.690.10.970.63-0.090.250.49-0.020.820.680.120.080.79-0.110.2-0.12-0.3
-0.39-0.31-0.21-0.38-0.4-0.3-0.31-0.30.13-0.36-0.31-0.30.53-0.38-0.38-0.27-0.42-0.7-0.26-0.32-0.35-0.56-0.220.05-0.3
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Trent Account Relationship Matchups

Trent fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets55.1B57.2B77.3B80.8B71.6B75.2B
Short Long Term Debt Total26.2B29.6B47.3B44.6B17.5B11.5B
Other Current Liab215.8M187.9M1.2B1.5B2.6B2.7B
Total Current Liabilities4.9B7.5B6.5B10.9B15.4B16.2B
Total Stockholder Equity23.9B23.1B23.6B26.0B40.7B42.7B
Property Plant And Equipment Net26.6B30.7B46.9B45.2B25.7B13.3B
Net Debt3.4B3.0B46.4B43.8B14.6B7.8B
Accounts Payable3.0B2.7B3.8B6.7B7.7B8.1B
Cash560M756.3M821.6M832.3M2.9B3.1B
Non Current Assets Total38.0B43.2B59.4B57.0B40.5B21.7B
Non Currrent Assets Other1.8B2.1B2.5B3.8B14.3B15.0B
Cash And Short Term Investments8.3B7.5B6.1B7.5B10.1B10.7B
Short Term Investments7.8B6.7B5.3B6.7B7.2B7.6B
Liabilities And Stockholders Equity55.1B57.2B77.3B80.8B71.6B75.2B
Non Current Liabilities Total25.5B26.1B46.6B43.2B15.2B10.7B
Inventory6.1B4.3B8.7B13.6B15.8B16.6B
Other Current Assets2.6B1.1B2.9B3.5B4.3B4.5B
Other Stockholder Equity17.1B15.9M19.2B19.1B19.1B13.2B
Total Liab30.4B33.7B53.2B54.2B30.6B16.5B
Total Current Assets17.0B14.0B17.8B23.8B31.1B32.7B
Accumulated Other Comprehensive Income(4.8B)5.8B5.7B4.0B4.6B4.8B
Intangible Assets600.7M566.7M588.9M512.1M253.5M289.5M
Current Deferred Revenue745.7M816.4M1.5B943.5M684.8M1.0B
Retained Earnings(473M)(2.3B)(1.7B)2.4B16.6B17.4B
Net Receivables1.7B1.2B1.7B343.9M817.4M1.2B
Short Term Debt934.7M3.8B1.3B2.3B4.1B2.1B
Other Liab269.7M275.9M392.4M764.1M687.7M395.8M
Net Tangible Assets23.2B22.5B22.9B25.2B28.9B19.5B
Other Assets3.3B3.7B4.2B4.1B4.7B2.5B
Long Term Debt3.0B0.05.0B5.0B5.0B2.8B
Property Plant Equipment26.6B30.7B46.9B45.2B52.0B54.6B
Long Term Debt Total25.3B25.9B46.2B42.5B48.9B51.3B
Non Current Liabilities Other9.2M86.7M95M94.5M85.9M62.2M
Net Invested Capital26.9B23.1B28.6B30.9B45.7B30.9B

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Other Information on Investing in Trent Stock

Balance Sheet is a snapshot of the financial position of Trent Limited at a specified time, usually calculated after every quarter, six months, or one year. Trent Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Trent and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Trent currently owns. An asset can also be divided into two categories, current and non-current.