Triton International Limited Preferred Stock Current Ratio
TRTN-PD Preferred Stock | USD 23.94 0.04 0.17% |
Triton International Limited fundamentals help investors to digest information that contributes to Triton International's financial success or failures. It also enables traders to predict the movement of Triton Preferred Stock. The fundamental analysis module provides a way to measure Triton International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Triton International preferred stock.
Triton |
Triton International Limited Company Current Ratio Analysis
Triton International's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Triton International Current Ratio | 16.61 X |
Most of Triton International's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Triton International Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
In accordance with the recently published financial statements, Triton International Limited has a Current Ratio of 16.61 times. This is much higher than that of the Industrials sector and notably higher than that of the Rental & Leasing Services industry. The current ratio for all United States preferred stocks is notably lower than that of the firm.
Triton Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Triton International's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of Triton International could also be used in its relative valuation, which is a method of valuing Triton International by comparing valuation metrics of similar companies.Triton International is currently under evaluation in current ratio category among its peers.
Triton Fundamentals
Return On Equity | 0.25 | ||||
Return On Asset | 0.0535 | ||||
Profit Margin | 0.42 % | ||||
Operating Margin | 0.58 % | ||||
Current Valuation | 10.01 B | ||||
Shares Owned By Institutions | 17.91 % | ||||
Number Of Shares Shorted | 13.21 K | ||||
Price To Earning | 3.02 X | ||||
Revenue | 1.68 B | ||||
Gross Profit | 1.65 B | ||||
EBITDA | 1.43 B | ||||
Net Income | 530.24 M | ||||
Cash And Equivalents | 137.91 M | ||||
Cash Per Share | 2.22 X | ||||
Total Debt | 8.55 B | ||||
Debt To Equity | 2.57 % | ||||
Current Ratio | 16.61 X | ||||
Book Value Per Share | 42.63 X | ||||
Cash Flow From Operations | 1.41 B | ||||
Short Ratio | 1.25 X | ||||
Earnings Per Share | 8.06 X | ||||
Number Of Employees | 237 | ||||
Beta | 1.42 | ||||
Total Asset | 12.64 B | ||||
Annual Yield | 0.07 % | ||||
Net Asset | 12.64 B | ||||
Last Dividend Paid | 2.57 |
About Triton International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Triton International Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Triton International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Triton International Limited based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.Other Information on Investing in Triton Preferred Stock
Triton International financial ratios help investors to determine whether Triton Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Triton with respect to the benefits of owning Triton International security.