Trimble Financials

TRMB Stock  USD 72.97  0.54  0.75%   
Based on the measurements of operating efficiency obtained from Trimble's historical financial statements, Trimble is performing exceptionally good at this time. It has a great probability to report excellent financial results in December. At present, Trimble's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 3.4 B, whereas Cash is forecasted to decline to about 124.9 M. Key indicators impacting Trimble's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.640.3278
Way Up
Slightly volatile
Current Ratio2.421.2204
Way Up
Pretty Stable
The essential information of the day-to-day investment outlook for Trimble includes many different criteria found on its balance sheet. An individual investor should monitor Trimble's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Trimble.

Net Income

326.87 Million

  
Understanding current and past Trimble Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Trimble's financial statements are interrelated, with each one affecting the others. For example, an increase in Trimble's assets may result in an increase in income on the income statement.
Please note, the presentation of Trimble's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Trimble's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Trimble's management manipulating its earnings.

Trimble Stock Summary

Trimble competes with Fortive Corp, MKS Instruments, Novanta, Vishay Precision, and Vontier Corp. Trimble Inc. provides technology solutions that enable professionals and field mobile workers to enhance or transform their work processes worldwide. Trimble Inc. was founded in 1978 and is headquartered in Westminster, Colorado. Trimble Navigation operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 11931 people.
Specialization
Information Technology, Scientific & Technical Instruments
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS8962391004
CUSIP896239100
LocationCalifornia; U.S.A
Business Address10368 Westmoor Drive,
SectorElectronic Equipment, Instruments & Components
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websitewww.trimble.com
Phone720 887 6100
CurrencyUSD - US Dollar

Trimble Key Financial Ratios

Trimble Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.6B6.9B7.1B7.3B9.5B10.0B
Other Current Liab321.6M255.8M201.5M271.6M401.7M421.8M
Net Debt1.8B1.4B1.1B1.4B3.0B3.1B
Retained Earnings1.6B1.9B2.2B2.2B2.4B2.6B
Cash189.2M237.7M325.7M271M229.8M124.9M
Net Receivables608.2M620.5M624.8M643.3M706.6M741.9M
Inventory312.1M301.7M363.3M402.5M235.7M157.7M
Other Current Assets102.3M121.5M136.8M275.1M658.8M691.7M
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
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
Net Tangible Assets(1.2B)(859.7M)(543.4M)4.1B4.7B4.9B
Long Term Debt Total1.6B1.3B1.3B1.2B1.4B1.0B

Trimble Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue3.3B3.1B3.7B3.7B3.8B4.0B
Gross Profit1.8B1.8B2.0B2.1B2.2B2.3B
Operating Income375.9M419.8M561M510.9M494.4M519.1M
Ebit431.7M472.6M640M575.6M518M543.9M
Ebitda661.2M692.9M845.8M747.4M768.6M807.0M
Cost Of Revenue1.5B1.4B1.6B1.6B1.6B1.6B
Income Before Tax344.8M395M574.6M569.1M357M374.9M
Net Income514.3M389.9M492.8M449.7M311.3M326.9M
Income Tax Expense(169.7M)4.4M81.8M119.4M45.7M48.0M
Research Development469.7M475.9M536.6M542.1M664.3M697.5M
Interest Expense82.4M77.6M65.4M71.1M161M169.1M
Minority Interest100K500K1.4M700K(100K)0.0
Tax Provision(169.7M)4.4M81.8M119.4M54.7M36.5M
Net Interest Income(82.4M)(77.6M)(65.4M)(71.1M)(137.4M)(130.5M)

Trimble Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(21.3M)(5M)(72.9M)(113.5M)67.6M71.0M
Change In Cash16.7M48.5M88M(54.7M)(32.1M)(30.5M)
Free Cash Flow516M615.2M704.4M348M555.1M582.9M
Depreciation207.2M197.5M179.9M171.8M250.6M263.1M
Other Non Cash Items(2.3M)30.2M(24.7M)(57.3M)2.4M2.5M
Capital Expenditures69M56.8M46.1M43.2M42M28.6M
Net Income514.5M390.6M492.8M449.7M311.3M326.9M
End Period Cash Flow189.2M237.7M325.7M271M238.9M131.7M
Change To Netincome(147.3M)48.9M71.1M23.1M26.6M22.8M
Dividends Paid3.0B1.2B1.2B3.1B3.6B3.8B
Investments(275.3M)(231.8M)(203.5M)(226.3M)(2.1B)(2.0B)
Net Borrowings(127.5M)(312.2M)(251M)224.6M202.1M212.2M

Trimble Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Trimble's current stock value. Our valuation model uses many indicators to compare Trimble value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Trimble competition to find correlations between indicators driving Trimble's intrinsic value. More Info.
Trimble is currently regarded as top stock in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.11  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Trimble is roughly  9.01 . At present, Trimble's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Trimble's earnings, one of the primary drivers of an investment's value.

Trimble Systematic Risk

Trimble's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Trimble volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Trimble correlated with the market. If Beta is less than 0 Trimble generally moves in the opposite direction as compared to the market. If Trimble Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Trimble is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Trimble is generally in the same direction as the market. If Beta > 1 Trimble moves generally in the same direction as, but more than the movement of the benchmark.

Trimble Thematic Clasifications

Trimble is part of Technology investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Research or development of technologically based good. Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics
TechnologyView
This theme covers Research or development of technologically based good. Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. Get More Thematic Ideas
Today, most investors in Trimble Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Trimble's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Trimble growth as a starting point in their analysis.

Price Earnings To Growth Ratio

1.82

At present, Trimble's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Trimble November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Trimble help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Trimble. We use our internally-developed statistical techniques to arrive at the intrinsic value of Trimble based on widely used predictive technical indicators. In general, we focus on analyzing Trimble Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Trimble's daily price indicators and compare them against related drivers.

Complementary Tools for Trimble Stock analysis

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