TriMas Payout Ratio vs Ptb Ratio Analysis

TRS Stock  USD 24.59  0.05  0.20%   
TriMas financial indicator trend analysis is much more than just breaking down TriMas prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TriMas is a good investment. Please check the relationship between TriMas Payout Ratio and its Ptb Ratio accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TriMas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.

Payout Ratio vs Ptb Ratio

Payout Ratio vs Ptb Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TriMas Payout Ratio account and Ptb Ratio. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between TriMas' Payout Ratio and Ptb Ratio is -0.63. Overlapping area represents the amount of variation of Payout Ratio that can explain the historical movement of Ptb Ratio in the same time period over historical financial statements of TriMas, assuming nothing else is changed. The correlation between historical values of TriMas' Payout Ratio and Ptb Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Payout Ratio of TriMas are associated (or correlated) with its Ptb Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ptb Ratio has no effect on the direction of Payout Ratio i.e., TriMas' Payout Ratio and Ptb Ratio go up and down completely randomly.

Correlation Coefficient

-0.63
Relationship DirectionNegative 
Relationship StrengthWeak

Payout Ratio

Payout Ratio is the proportion of TriMas earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of TriMas dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating TriMas is paying out more in dividends than it makes in net income.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.
Most indicators from TriMas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TriMas 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 TriMas. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.At this time, TriMas' Selling General Administrative is comparatively stable compared to the past year. Discontinued Operations is likely to gain to about 44.3 M in 2024, whereas Sales General And Administrative To Revenue is likely to drop 0.11 in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit217.2M208.3M201.3M252.4M
Total Revenue857.1M883.8M893.6M948.7M

TriMas fundamental ratios Correlations

0.720.640.660.640.550.480.63-0.120.62-0.060.95-0.61-0.060.830.510.570.740.730.20.680.730.320.81-0.10.44
0.720.650.660.110.320.260.91-0.250.61-0.160.68-0.34-0.160.670.020.130.930.580.260.260.840.140.59-0.2-0.06
0.640.650.96-0.05-0.060.030.7-0.590.94-0.360.45-0.19-0.360.90.030.050.850.920.10.340.87-0.170.82-0.080.07
0.660.660.96-0.09-0.060.230.72-0.570.99-0.370.48-0.31-0.370.93-0.030.020.860.950.080.330.940.00.84-0.15-0.01
0.640.11-0.05-0.090.660.32-0.030.29-0.120.270.7-0.50.270.240.850.830.00.110.060.69-0.060.270.290.060.77
0.550.32-0.06-0.060.660.520.150.52-0.110.30.62-0.30.30.20.370.250.220.020.390.190.120.630.25-0.150.08
0.480.260.030.230.320.520.30.180.2-0.150.57-0.58-0.150.340.310.210.220.270.280.270.340.890.240.00.0
0.630.910.70.72-0.030.150.3-0.360.65-0.560.63-0.26-0.560.70.070.090.890.690.130.240.840.140.46-0.06-0.03
-0.12-0.25-0.59-0.570.290.520.18-0.36-0.620.380.020.380.38-0.450.04-0.12-0.42-0.52-0.1-0.45-0.420.57-0.33-0.18-0.13
0.620.610.940.99-0.12-0.110.20.65-0.62-0.330.41-0.32-0.330.92-0.050.00.820.940.040.330.9-0.050.85-0.14-0.03
-0.06-0.16-0.36-0.370.270.3-0.15-0.560.38-0.33-0.13-0.071.0-0.33-0.150.04-0.25-0.480.23-0.08-0.310.00.1-0.27-0.06
0.950.680.450.480.70.620.570.630.020.41-0.13-0.62-0.130.680.590.650.620.580.220.670.610.440.59-0.020.5
-0.61-0.34-0.19-0.31-0.5-0.3-0.58-0.260.38-0.32-0.07-0.62-0.07-0.43-0.45-0.67-0.32-0.33-0.32-0.81-0.35-0.24-0.43-0.19-0.42
-0.06-0.16-0.36-0.370.270.3-0.15-0.560.38-0.331.0-0.13-0.07-0.33-0.150.04-0.25-0.480.23-0.08-0.310.00.1-0.27-0.06
0.830.670.90.930.240.20.340.7-0.450.92-0.330.68-0.43-0.330.280.250.830.970.070.530.860.110.9-0.10.21
0.510.020.03-0.030.850.370.310.070.04-0.05-0.150.59-0.45-0.150.280.85-0.060.23-0.090.75-0.10.140.160.240.87
0.570.130.050.020.830.250.210.09-0.120.00.040.65-0.670.040.250.850.030.19-0.030.90.00.00.230.280.93
0.740.930.850.860.00.220.220.89-0.420.82-0.250.62-0.32-0.250.83-0.060.030.770.270.270.950.060.75-0.2-0.1
0.730.580.920.950.110.020.270.69-0.520.94-0.480.58-0.33-0.480.970.230.190.77-0.080.470.850.030.82-0.070.21
0.20.260.10.080.060.390.280.13-0.10.040.230.22-0.320.230.07-0.09-0.030.27-0.080.120.210.210.12-0.07-0.19
0.680.260.340.330.690.190.270.24-0.450.33-0.080.67-0.81-0.080.530.750.90.270.470.120.27-0.070.470.230.83
0.730.840.870.94-0.060.120.340.84-0.420.9-0.310.61-0.35-0.310.86-0.10.00.950.850.210.270.170.79-0.19-0.11
0.320.14-0.170.00.270.630.890.140.57-0.050.00.44-0.240.00.110.140.00.060.030.21-0.070.170.07-0.09-0.18
0.810.590.820.840.290.250.240.46-0.330.850.10.59-0.430.10.90.160.230.750.820.120.470.790.07-0.240.16
-0.1-0.2-0.08-0.150.06-0.150.0-0.06-0.18-0.14-0.27-0.02-0.19-0.27-0.10.240.28-0.2-0.07-0.070.23-0.19-0.09-0.240.29
0.44-0.060.07-0.010.770.080.0-0.03-0.13-0.03-0.060.5-0.42-0.060.210.870.93-0.10.21-0.190.83-0.11-0.180.160.29
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TriMas Account Relationship Matchups

TriMas fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.2B1.3B1.3B1.3B1.2B
Short Long Term Debt Total322.9M384.6M445.7M444.0M443.3M368.3M
Other Current Liab42.0M53.8M59.0M46.7M51.7M46.1M
Total Current Liabilities119.8M137.2M154.9M140.2M159.5M180.4M
Total Stockholder Equity697.5M584.3M630.9M651.8M683.0M435.0M
Property Plant And Equipment Net242.2M290.9M316.3M325.0M373.2M231.4M
Net Debt150.4M310.7M305.0M331.9M408.4M325.8M
Retained Earnings(79.9M)(159.6M)(102.3M)(36.1M)4.2M4.4M
Accounts Payable72.7M69.9M87.8M85.2M91.9M101.3M
Cash172.5M74.0M140.7M112.1M34.9M58.4M
Non Current Assets Total758.7M842.1M871.9M882.3M944.3M862.0M
Non Currrent Assets Other15.5M21.4M26.0M20.0M16.1M15.2M
Cash And Short Term Investments172.5M74.0M140.7M112.1M34.9M58.4M
Net Receivables108.9M113.4M125.6M132.4M148.0M121.0M
Common Stock Shares Outstanding45.6M43.6M43.3M42.5M41.7M40.5M
Liabilities And Stockholders Equity1.2B1.2B1.3B1.3B1.3B1.2B
Non Current Liabilities Total375.4M472.4M517.9M513.0M499.3M444.1M
Inventory132.7M149.4M152.5M163.4M192.5M173.2M
Other Current Assets20.1M30.2M25.9M14.8M22.0M18.8M
Other Stockholder Equity782.9M749.1M732.5M696.2M677.7M586.7M
Total Liab495.2M609.6M672.8M653.2M658.7M762.7M
Property Plant And Equipment Gross242.2M253.1M316.3M325.0M677.4M711.2M
Total Current Assets434.0M351.8M431.8M422.7M397.4M380.0M
Accumulated Other Comprehensive Income(6M)(5.6M)230K(8.6M)650K617.5K
Other Assets20.5M78.8M43.4M29.4M33.8M38.0M
Intangible Assets161.4M206.2M196.7M188.1M181.0M172.1M
Other Liab57.6M94.5M80.3M70.2M80.7M63.3M
Long Term Debt294.7M346.3M393.8M394.7M395.7M387.9M
Good Will334.6M304.0M315.5M339.8M363.8M305.3M
Property Plant Equipment214.3M253.1M316.3M277.8M319.4M224.7M
Net Tangible Assets201.5M74.1M118.6M123.9M142.5M149.6M
Retained Earnings Total Equity(79.9M)(159.6M)(102.3M)(36.1M)(41.5M)(43.6M)
Long Term Debt Total294.7M346.3M393.8M394.7M355.3M287.9M
Capital Surpluse782.9M749.1M732.5M696.2M800.6M822.1M

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