Trane Discontinued Operations vs Gross Profit Analysis

TT Stock

USD 386.10 6.14 1.62%

Trane Technologies financial indicator trend analysis is much more than just breaking down Trane Technologies plc prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trane Technologies plc is a good investment. Please check the relationship between Trane Technologies Discontinued Operations and its Gross Profit accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trane Technologies plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Discontinued Operations vs Gross Profit

Discontinued Operations vs Gross Profit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trane Technologies plc Discontinued Operations account and Gross Profit. At this time, the significance of the direction appears to have no relationship.

The correlation between Trane Technologies' Discontinued Operations and Gross Profit is 0.01. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Trane Technologies plc, assuming nothing else is changed. The correlation between historical values of Trane Technologies' Discontinued Operations and Gross Profit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of Trane Technologies plc are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Discontinued Operations i.e., Trane Technologies' Discontinued Operations and Gross Profit go up and down completely randomly.

Correlation Coefficient

0.01

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Discontinued Operations

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Trane Technologies plc minus its cost of goods sold. It is profit before Trane Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most indicators from Trane Technologies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Trane Technologies plc 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 Trane Technologies plc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Trane Technologies' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 17.75 in 2025, whereas Tax Provision is likely to drop slightly above 375.5 M in 2025.

	2022	2023	2024	2025 (projected)
Total Revenue	16.0B	17.7B	20.3B	10.6B
Depreciation And Amortization	319.2M	348.1M	400.3M	272.8M

Total Revenue Depreciation And Amortization

Trane Technologies fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Short Term Investments	Common Stock	Current Deferred Revenue
Total Assets		0.89	0.53	0.6	0.97	0.81	0.56	0.69	0.46	0.98	0.21	0.46	0.57	-0.41	0.93	0.7	0.34	-0.22	0.99	0.91	0.53	0.75	0.89	0.85	-0.73	-0.3
Short Long Term Debt Total	0.89		0.51	0.6	0.79	0.71	0.62	0.74	0.57	0.82	0.53	0.57	0.58	-0.68	0.83	0.73	-0.02	-0.54	0.93	0.93	0.49	0.85	0.67	0.73	-0.84	-0.39
Other Current Liab	0.53	0.51		0.97	0.49	0.73	0.85	0.85	0.05	0.46	0.3	0.05	0.99	-0.65	0.31	0.69	0.02	-0.5	0.53	0.59	0.47	0.7	0.48	0.73	-0.33	-0.13
Total Current Liabilities	0.6	0.6	0.97		0.56	0.72	0.86	0.88	0.13	0.53	0.31	0.13	0.98	-0.68	0.38	0.73	0.04	-0.54	0.61	0.67	0.65	0.76	0.53	0.78	-0.43	-0.15
Total Stockholder Equity	0.97	0.79	0.49	0.56		0.79	0.48	0.68	0.42	0.97	0.08	0.42	0.53	-0.32	0.89	0.63	0.46	-0.14	0.94	0.85	0.48	0.66	0.91	0.84	-0.64	-0.35
Property Plant And Equipment Net	0.81	0.71	0.73	0.72	0.79		0.7	0.68	0.05	0.78	0.17	0.05	0.73	-0.53	0.6	0.89	0.13	-0.29	0.8	0.78	0.45	0.8	0.66	0.67	-0.46	-0.05
Net Debt	0.56	0.62	0.85	0.86	0.48	0.7		0.82	-0.11	0.54	0.39	-0.11	0.89	-0.67	0.42	0.73	0.01	-0.52	0.59	0.52	0.43	0.72	0.54	0.7	-0.48	-0.12
Retained Earnings	0.69	0.74	0.85	0.88	0.68	0.68	0.82		0.33	0.62	0.43	0.33	0.9	-0.78	0.54	0.67	0.08	-0.69	0.68	0.75	0.47	0.77	0.62	0.84	-0.63	-0.49
Cash	0.46	0.57	0.05	0.13	0.42	0.05	-0.11	0.33		0.36	0.36	1.0	0.08	-0.27	0.55	0.01	0.0	-0.27	0.47	0.61	0.22	0.25	0.32	0.42	-0.52	-0.54
Non Current Assets Total	0.98	0.82	0.46	0.53	0.97	0.78	0.54	0.62	0.36		0.11	0.36	0.5	-0.27	0.94	0.62	0.45	-0.07	0.97	0.81	0.49	0.65	0.94	0.84	-0.67	-0.25
Non Currrent Assets Other	0.21	0.53	0.3	0.31	0.08	0.17	0.39	0.43	0.36	0.11		0.36	0.33	-0.61	0.2	0.31	-0.34	-0.7	0.28	0.41	0.06	0.49	-0.03	0.14	-0.41	-0.16
Cash And Short Term Investments	0.46	0.57	0.05	0.13	0.42	0.05	-0.11	0.33	1.0	0.36	0.36		0.08	-0.27	0.54	0.01	0.0	-0.27	0.47	0.61	0.22	0.25	0.32	0.42	-0.52	-0.54
Net Receivables	0.57	0.58	0.99	0.98	0.53	0.73	0.89	0.9	0.08	0.5	0.33	0.08		-0.72	0.35	0.74	0.0	-0.57	0.57	0.64	0.51	0.76	0.5	0.76	-0.42	-0.2
Common Stock Shares Outstanding	-0.41	-0.68	-0.65	-0.68	-0.32	-0.53	-0.67	-0.78	-0.27	-0.27	-0.61	-0.27	-0.72		-0.22	-0.73	0.48	0.92	-0.45	-0.66	-0.33	-0.81	-0.14	-0.44	0.59	0.37
Non Current Liabilities Total	0.93	0.83	0.31	0.38	0.89	0.6	0.42	0.54	0.55	0.94	0.2	0.54	0.35	-0.22		0.44	0.42	-0.04	0.93	0.77	0.33	0.52	0.91	0.8	-0.72	-0.35
Inventory	0.7	0.73	0.69	0.73	0.63	0.89	0.73	0.67	0.01	0.62	0.31	0.01	0.74	-0.73	0.44		-0.16	-0.54	0.72	0.78	0.52	0.95	0.43	0.53	-0.56	-0.05
Other Current Assets	0.34	-0.02	0.02	0.04	0.46	0.13	0.01	0.08	0.0	0.45	-0.34	0.0	0.0	0.48	0.42	-0.16		0.5	0.26	0.04	0.13	-0.2	0.63	0.41	0.01	-0.11
Other Stockholder Equity	-0.22	-0.54	-0.5	-0.54	-0.14	-0.29	-0.52	-0.69	-0.27	-0.07	-0.7	-0.27	-0.57	0.92	-0.04	-0.54	0.5		-0.26	-0.5	-0.23	-0.69	0.07	-0.25	0.54	0.46
Total Liab	0.99	0.93	0.53	0.61	0.94	0.8	0.59	0.68	0.47	0.97	0.28	0.47	0.57	-0.45	0.93	0.72	0.26	-0.26		0.92	0.54	0.78	0.86	0.83	-0.76	-0.27
Total Current Assets	0.91	0.93	0.59	0.67	0.85	0.78	0.52	0.75	0.61	0.81	0.41	0.61	0.64	-0.66	0.77	0.78	0.04	-0.5	0.92		0.55	0.88	0.66	0.76	-0.76	-0.39
Short Term Debt	0.53	0.49	0.47	0.65	0.48	0.45	0.43	0.47	0.22	0.49	0.06	0.22	0.51	-0.33	0.33	0.52	0.13	-0.23	0.54	0.55		0.57	0.41	0.5	-0.34	0.12
Accounts Payable	0.75	0.85	0.7	0.76	0.66	0.8	0.72	0.77	0.25	0.65	0.49	0.25	0.76	-0.81	0.52	0.95	-0.2	-0.69	0.78	0.88	0.57		0.45	0.61	-0.69	-0.21
Intangible Assets	0.89	0.67	0.48	0.53	0.91	0.66	0.54	0.62	0.32	0.94	-0.03	0.32	0.5	-0.14	0.91	0.43	0.63	0.07	0.86	0.66	0.41	0.45		0.9	-0.57	-0.29
Short Term Investments	0.85	0.73	0.73	0.78	0.84	0.67	0.7	0.84	0.42	0.84	0.14	0.42	0.76	-0.44	0.8	0.53	0.41	-0.25	0.83	0.76	0.5	0.61	0.9		-0.65	-0.4
Common Stock	-0.73	-0.84	-0.33	-0.43	-0.64	-0.46	-0.48	-0.63	-0.52	-0.67	-0.41	-0.52	-0.42	0.59	-0.72	-0.56	0.01	0.54	-0.76	-0.76	-0.34	-0.69	-0.57	-0.65		0.47
Current Deferred Revenue	-0.3	-0.39	-0.13	-0.15	-0.35	-0.05	-0.12	-0.49	-0.54	-0.25	-0.16	-0.54	-0.2	0.37	-0.35	-0.05	-0.11	0.46	-0.27	-0.39	0.12	-0.21	-0.29	-0.4	0.47

Click cells to compare fundamentals

Trane Technologies Account Relationship Matchups

Trane Technologies fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	18.2B	18.1B	18.1B	19.4B	22.3B	12.8B
Short Long Term Debt Total	5.3B	4.8B	4.8B	4.8B	5.5B	3.0B
Other Current Liab	1.9B	2.5B	2.4B	3.2B	3.7B	3.9B
Total Current Liabilities	4.3B	4.5B	5.7B	6.1B	7.0B	7.3B
Total Stockholder Equity	6.4B	6.3B	6.1B	7.0B	8.0B	4.9B
Property Plant And Equipment Net	1.3B	1.4B	1.5B	2.3B	2.6B	1.4B
Net Debt	2.0B	2.7B	3.6B	3.7B	4.2B	4.4B
Retained Earnings	8.5B	8.4B	8.3B	9.1B	10.5B	11.0B
Cash	3.3B	2.2B	1.2B	1.1B	1.3B	936.6M
Non Current Assets Total	11.3B	11.6B	11.7B	12.5B	14.4B	8.4B
Non Currrent Assets Other	1.3B	1.4B	478.9M	701.6M	806.8M	629.6M
Cash And Short Term Investments	3.3B	2.2B	1.2B	1.1B	1.3B	944.8M
Net Receivables	2.2B	2.6B	3.0B	3.4B	3.9B	4.1B
Common Stock Shares Outstanding	243.1M	242.3M	234.9M	230.7M	207.6M	244.9M
Liabilities And Stockholders Equity	18.2B	18.1B	18.1B	19.4B	22.3B	12.8B
Non Current Liabilities Total	7.4B	7.3B	6.3B	6.3B	7.3B	4.6B
Inventory	1.2B	1.5B	2.0B	2.2B	2.5B	1.2B
Other Current Assets	224.4M	186.7M	183.6M	207.3M	238.4M	402.2M
Total Liab	11.7B	11.8B	12.0B	12.4B	14.2B	7.8B
Total Current Assets	6.9B	6.5B	6.4B	6.9B	7.9B	4.4B
Short Term Debt	914.4M	497.7M	1.2B	801.9M	922.2M	722.8M
Accounts Payable	1.5B	1.8B	2.1B	2.0B	2.3B	1.3B
Intangible Assets	3.3B	3.3B	3.3B	3.4B	4.0B	3.5B
Accumulated Other Comprehensive Income	(631.5M)	(637.6M)	(766.2M)	(670.8M)	(603.7M)	(633.9M)
Common Stock	263.3M	259.7M	253.3M	251.7M	289.5M	297.5M
Current Deferred Revenue	578M	805.4M	1.0B	1.2B	1.1B	849.0M
Good Will	5.3B	5.5B	5.5B	6.1B	7.0B	6.3B
Property Plant And Equipment Gross	1.3B	3.2B	3.4B	3.8B	4.4B	4.6B
Other Assets	927.8M	1.3B	1.4B	1.4B	1.6B	1.2B
Long Term Debt	4.5B	4.5B	3.8B	4.0B	4.6B	4.4B
Long Term Debt Total	4.9B	4.5B	4.5B	3.8B	4.4B	4.4B
Property Plant Equipment	1.8B	1.8B	1.4B	1.5B	1.4B	1.3B
Other Liab	2.7B	2.6B	2.8B	2.2B	2.0B	2.2B
Net Tangible Assets	(1.2B)	(2.2B)	(2.5B)	(2.7B)	(3.1B)	(3.2B)
Short Long Term Debt	775.6M	350.4M	1.0B	801.9M	922.2M	748.7M
Non Current Liabilities Other	2.9B	2.8B	2.5B	1.0B	1.2B	1.9B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Trane Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC