Trimble Non Currrent Assets Other vs Property Plant And Equipment Gross Analysis

TRMB Stock  USD 72.97  0.54  0.75%   
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 Non Currrent Assets Other and its Property Plant And Equipment Gross 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 closely tied 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.

Non Currrent Assets Other vs Property Plant And Equipment Gross

Non Currrent Assets Other vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trimble Non Currrent Assets Other account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Trimble's Non Currrent Assets Other and Property Plant And Equipment Gross is 0.89. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of Trimble, assuming nothing else is changed. The correlation between historical values of Trimble's Non Currrent Assets Other and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Trimble are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Currrent Assets Other i.e., Trimble's Non Currrent Assets Other and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.89
Relationship DirectionPositive 
Relationship StrengthStrong

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Property Plant And Equipment Gross

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 closely tied 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 Amortization205.8M171.8M250.6M263.1M

Trimble fundamental ratios Correlations

0.950.910.990.980.90.920.970.461.00.980.260.970.390.970.450.830.830.990.960.940.860.830.92-0.5-0.5
0.950.920.950.870.770.990.860.240.960.910.090.880.230.990.210.890.780.980.870.960.720.90.95-0.5-0.5
0.910.920.910.870.750.90.830.390.90.850.290.910.490.910.390.770.720.920.910.870.770.870.85-0.39-0.39
0.990.950.910.970.890.920.960.440.990.990.270.960.330.950.40.850.860.980.950.960.820.790.92-0.56-0.56
0.980.870.870.970.910.830.990.540.970.980.340.980.490.90.550.770.80.930.970.890.90.760.86-0.44-0.44
0.90.770.750.890.910.730.910.550.90.880.320.930.380.840.60.570.80.860.830.760.850.550.79-0.56-0.56
0.920.990.90.920.830.730.820.150.930.870.00.830.180.980.150.90.730.970.830.950.650.910.94-0.47-0.47
0.970.860.830.960.990.910.820.50.970.980.290.960.420.890.520.790.790.920.940.890.860.740.87-0.45-0.45
0.460.240.390.440.540.550.150.50.420.480.930.590.60.320.730.10.60.370.620.260.750.080.24-0.42-0.42
1.00.960.90.990.970.90.930.970.420.970.210.970.360.970.430.830.820.990.940.940.840.830.93-0.5-0.5
0.980.910.850.990.980.880.870.980.480.970.290.940.310.920.430.850.860.950.950.950.830.750.89-0.55-0.55
0.260.090.290.270.340.320.00.290.930.210.290.390.480.140.510.010.480.190.480.120.55-0.060.11-0.43-0.43
0.970.880.910.960.980.930.830.960.590.970.940.390.540.910.610.690.830.940.960.850.930.740.83-0.48-0.48
0.390.230.490.330.490.380.180.420.60.360.310.480.540.280.810.010.20.30.50.150.650.370.160.220.22
0.970.990.910.950.90.840.980.890.320.970.920.140.910.280.30.840.80.990.890.930.780.880.95-0.52-0.52
0.450.210.390.40.550.60.150.520.730.430.430.510.610.810.3-0.040.370.340.50.170.750.150.12-0.05-0.05
0.830.890.770.850.770.570.90.790.10.830.850.010.690.010.84-0.040.660.860.790.940.510.840.9-0.41-0.41
0.830.780.720.860.80.80.730.790.60.820.860.480.830.20.80.370.660.830.840.810.760.50.74-0.84-0.84
0.990.980.920.980.930.860.970.920.370.990.950.190.940.30.990.340.860.830.920.950.80.860.95-0.54-0.54
0.960.870.910.950.970.830.830.940.620.940.950.480.960.50.890.50.790.840.920.880.90.770.86-0.48-0.48
0.940.960.870.960.890.760.950.890.260.940.950.120.850.150.930.170.940.810.950.880.670.830.94-0.55-0.55
0.860.720.770.820.90.850.650.860.750.840.830.550.930.650.780.750.510.760.80.90.670.60.66-0.41-0.41
0.830.90.870.790.760.550.910.740.080.830.75-0.060.740.370.880.150.840.50.860.770.830.60.85-0.12-0.12
0.920.950.850.920.860.790.940.870.240.930.890.110.830.160.950.120.90.740.950.860.940.660.85-0.49-0.49
-0.5-0.5-0.39-0.56-0.44-0.56-0.47-0.45-0.42-0.5-0.55-0.43-0.480.22-0.52-0.05-0.41-0.84-0.54-0.48-0.55-0.41-0.12-0.491.0
-0.5-0.5-0.39-0.56-0.44-0.56-0.47-0.45-0.42-0.5-0.55-0.43-0.480.22-0.52-0.05-0.41-0.84-0.54-0.48-0.55-0.41-0.12-0.491.0
Click cells to compare fundamentals

Trimble Account Relationship Matchups

Trimble fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B6.9B7.1B7.3B9.5B10.0B
Short Long Term Debt Total2.0B1.7B1.5B1.6B3.2B3.4B
Other Current Liab321.6M255.8M201.5M271.6M401.7M421.8M
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 Other212.4M248M284.7M336.2M375.5M394.3M
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 Assets102.3M121.5M136.8M275.1M658.8M691.7M
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 Debt219M289.6M231M335M559.5M587.5M
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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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 closely tied 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Electronic Equipment, Instruments & Components space 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
(0.47)
Earnings Share
5.98
Revenue Per Share
14.768
Quarterly Revenue Growth
(0.09)
Return On Assets
0.0321
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.