Trimble Depreciation vs Stock Based Compensation Analysis
TRMB Stock | USD 71.20 1.10 1.52% |
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 Depreciation and its Stock Based Compensation 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.
Depreciation vs Stock Based Compensation
Depreciation vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trimble Depreciation account and Stock Based Compensation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Trimble's Depreciation and Stock Based Compensation is 0.72. Overlapping area represents the amount of variation of Depreciation that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Trimble, assuming nothing else is changed. The correlation between historical values of Trimble's Depreciation and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation of Trimble are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Depreciation i.e., Trimble's Depreciation and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.72 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Depreciation
Depreciation indicates how much of Trimble value has been used up. For tax purposes Trimble can deduct the cost of the tangible assets it purchases as business expenses. However, Trimble must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.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 Revenue | 3.7B | 3.7B | 3.8B | 4.0B | Depreciation And Amortization | 205.8M | 171.8M | 250.6M | 263.1M |
Trimble fundamental ratios Correlations
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Trimble Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Trimble fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6B | 6.9B | 7.1B | 7.3B | 9.5B | 10.0B | |
Short Long Term Debt Total | 2.0B | 1.7B | 1.5B | 1.6B | 3.2B | 3.4B | |
Other Current Liab | 321.6M | 255.8M | 201.5M | 271.6M | 401.7M | 421.8M | |
Total Current Liabilities | 1.2B | 1.3B | 1.2B | 1.5B | 1.8B | 1.9B | |
Total Stockholder Equity | 3.1B | 3.6B | 3.9B | 4.1B | 4.5B | 4.7B | |
Property Plant And Equipment Net | 381.7M | 380.7M | 374.2M | 340.2M | 326.5M | 342.8M | |
Net Debt | 1.8B | 1.4B | 1.1B | 1.4B | 3.0B | 3.1B | |
Retained Earnings | 1.6B | 1.9B | 2.2B | 2.2B | 2.4B | 2.6B | |
Cash | 189.2M | 237.7M | 325.7M | 271M | 229.8M | 124.9M | |
Non Current Assets Total | 5.4B | 5.6B | 5.6B | 5.8B | 7.7B | 8.1B | |
Non Currrent Assets Other | 212.4M | 248M | 284.7M | 336.2M | 375.5M | 394.3M | |
Cash And Short Term Investments | 189.2M | 237.7M | 325.7M | 271M | 229.8M | 135.4M | |
Net Receivables | 608.2M | 620.5M | 624.8M | 643.3M | 706.6M | 741.9M | |
Common Stock Shares Outstanding | 252.9M | 252.3M | 254.3M | 250.2M | 249.1M | 213.1M | |
Liabilities And Stockholders Equity | 6.6B | 6.9B | 7.1B | 7.3B | 9.5B | 10.0B | |
Non Current Liabilities Total | 2.3B | 2.0B | 2.0B | 1.8B | 3.2B | 3.4B | |
Inventory | 312.1M | 301.7M | 363.3M | 402.5M | 235.7M | 157.7M | |
Other Current Assets | 102.3M | 121.5M | 136.8M | 275.1M | 658.8M | 691.7M | |
Other Stockholder Equity | 1.7B | 1.8B | 1.9B | 2.1B | 2.2B | 2.3B | |
Total Liab | 3.5B | 3.3B | 3.2B | 3.2B | 5.0B | 5.3B | |
Total Current Assets | 1.2B | 1.3B | 1.5B | 1.5B | 1.8B | 1.9B | |
Short Term Debt | 219M | 289.6M | 231M | 335M | 559.5M | 587.5M | |
Accounts Payable | 159.3M | 143.2M | 207.3M | 175.5M | 165.3M | 173.6M | |
Intangible Assets | 678.7M | 580.1M | 506.6M | 498.1M | 1.2B | 1.3B | |
Property Plant And Equipment Gross | 381.7M | 380.7M | 374.2M | 219M | 677M | 710.9M | |
Accumulated Other Comprehensive Income | (176.8M) | (98.5M) | (161.7M) | (234.9M) | (152.1M) | (144.5M) | |
Other Liab | 591.7M | 566.4M | 551.7M | 431.6M | 496.3M | 521.2M | |
Other Assets | 687.9M | 758.2M | 786.7M | 774.6M | 890.8M | 935.3M | |
Long Term Debt | 1.6B | 1.3B | 1.3B | 1.2B | 2.5B | 2.7B | |
Good Will | 3.7B | 3.9B | 4.0B | 4.1B | 5.4B | 5.6B | |
Property Plant Equipment | 381.7M | 251.8M | 374.2M | 219M | 251.9M | 134.2M | |
Current Deferred Revenue | 490.4M | 560.5M | 548.8M | 639.1M | 663.1M | 696.3M | |
Net Tangible Assets | (1.2B) | (859.7M) | (543.4M) | 4.1B | 4.7B | 4.9B | |
Long Term Debt Total | 1.6B | 1.3B | 1.3B | 1.2B | 1.4B | 1.0B |
Also Currently Popular
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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.