Trinity Historical Balance Sheet
TRN Stock | USD 29.21 0.38 1.28% |
Trend analysis of Trinity Industries balance sheet accounts such as Total Stockholder Equity of 1.5 B, Property Plant And Equipment Net of 10.2 B, Retained Earnings of 1.2 B or Cash of 212.7 M provides information on Trinity Industries' total assets, liabilities, and equity, which is the actual value of Trinity Industries to its prevalent stockholders. By breaking down trends over time using Trinity Industries balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Trinity Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Trinity Industries is a good buy for the upcoming year.
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About Trinity Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Trinity Industries at a specified time, usually calculated after every quarter, six months, or one year. Trinity Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Trinity Industries and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Trinity currently owns. An asset can also be divided into two categories, current and non-current.
Trinity Industries Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Trinity Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Trinity Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Trinity Industries balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Trinity Industries are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Most accounts from Trinity Industries' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Trinity Industries current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Trinity Industries. 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. To learn how to invest in Trinity Stock, please use our How to Invest in Trinity Industries guide.At this time, Trinity Industries' Common Stock Shares Outstanding is very stable compared to the past year. As of the 26th of March 2025, Non Current Liabilities Total is likely to grow to about 7.6 B, while Total Assets are likely to drop about 4.6 B.
2022 | 2023 | 2024 | 2025 (projected) | Short and Long Term Debt Total | 5.6B | 5.8B | 5.7B | 6.0B | Total Assets | 8.7B | 8.9B | 8.8B | 4.6B |
Trinity Industries balance sheet Correlations
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Trinity Industries Account Relationship Matchups
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Trinity Industries balance sheet Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Total Assets | 8.7B | 8.2B | 8.7B | 8.9B | 8.8B | 4.6B | |
Short Long Term Debt Total | 5.1B | 5.4B | 5.6B | 5.8B | 5.7B | 6.0B | |
Other Current Liab | 314.7M | 307.4M | 261M | 311.3M | 353M | 261.4M | |
Total Current Liabilities | 471.1M | 513.8M | 548.5M | 627.7M | 251.7M | 239.1M | |
Total Stockholder Equity | 1.7B | 1.0B | 1.0B | 1.0B | 1.3B | 1.5B | |
Property Plant And Equipment Net | 7.0B | 6.8B | 6.9B | 7.0B | 9.8B | 10.2B | |
Net Debt | 4.9B | 5.0B | 5.5B | 5.6B | (228.2M) | (216.8M) | |
Retained Earnings | 1.8B | 1.0B | 992.6M | 1.0B | 1.1B | 1.2B | |
Cash | 132M | 167.3M | 79.6M | 105.7M | 228.2M | 212.7M | |
Non Current Assets Total | 7.5B | 7.3B | 7.5B | 7.6B | 11.0B | 11.6B | |
Non Currrent Assets Other | 295.2M | 266.5M | (811.6M) | 392.1M | 390.5M | 198.3M | |
Cash And Short Term Investments | 132M | 167.3M | 79.6M | 105.7M | 228.2M | 248.4M | |
Net Receivables | 644.8M | 233M | 331.3M | 368.7M | 379.1M | 314.1M | |
Common Stock Shares Outstanding | 127.3M | 115.9M | 103.8M | 84.2M | 83.4M | 137.2M | |
Liabilities And Stockholders Equity | 8.7B | 8.2B | 8.7B | 8.9B | 8.8B | 4.6B | |
Non Current Liabilities Total | 6.2B | 6.4B | 6.9B | 7.0B | 7.3B | 7.6B | |
Inventory | 321.2M | 432.9M | 629.4M | 684.3M | 476.2M | 467.0M | |
Other Current Assets | 96.4M | 135.1M | 214.7M | 129.4M | 148.8M | 163.5M | |
Other Stockholder Equity | (800K) | (600K) | (700K) | 14.8M | 256.5M | 269.3M | |
Total Liab | 6.7B | 6.9B | 7.5B | 7.6B | 7.5B | 7.9B | |
Total Current Assets | 1.2B | 968.3M | 1.3B | 1.3B | 607.3M | 1.1B | |
Short Term Debt | 45.2M | 231.4M | 242.1M | 20.1M | 23.1M | 22.0M | |
Accounts Payable | 156.4M | 206.4M | 287.5M | 305.3M | 251.7M | 218.1M | |
Property Plant And Equipment Gross | 9.2B | 9.1B | 9.3B | 9.9B | 9.8B | 10.2B | |
Accumulated Other Comprehensive Income | (30.9M) | (17M) | 19.7M | 11M | (4.2M) | (4.4M) | |
Other Liab | 849.8M | 1.1B | 1.3B | 1.2B | 1.4B | 1.4B | |
Other Assets | 178.4M | 266.5M | 214.7M | (2.4B) | (2.8B) | (2.7B) | |
Long Term Debt | 5.0B | 5.2B | 5.0B | 5.8B | 5.7B | 2.9B | |
Common Stock Total Equity | 1.3M | 1.2M | 1M | 800K | 720K | 684K | |
Treasury Stock | (900K) | (800K) | (600K) | (700K) | (805K) | (845.3K) | |
Common Stock | 1.3M | 1.2M | 1.1M | 800K | 720K | 684K | |
Property Plant Equipment | 7.1B | 7.0B | 6.8B | 6.9B | 7.9B | 4.1B | |
Current Deferred Revenue | (45.2M) | (231.4M) | 1.1B | (673.2M) | (605.9M) | (575.6M) | |
Net Tangible Assets | 1.8B | 1.5B | 875.6M | 816.5M | 734.9M | 698.1M | |
Noncontrolling Interest In Consolidated Entity | 348.8M | 277.2M | 267M | 257.2M | 295.8M | 301.2M | |
Retained Earnings Total Equity | 2.2B | 1.8B | 1.0B | 992.6M | 1.1B | 2.2B |
Pair Trading with Trinity Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Trinity Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Trinity Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Trinity Stock
Moving against Trinity Stock
The ability to find closely correlated positions to Trinity Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trinity Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Trinity Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Trinity Industries to buy it.
The correlation of Trinity Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trinity Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trinity Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Trinity Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Trinity Industries. 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. To learn how to invest in Trinity Stock, please use our How to Invest in Trinity Industries guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Construction Machinery & Heavy Transportation Equipment 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 Trinity Industries. If investors know Trinity 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 Trinity Industries 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 (0.55) | Dividend Share 1.14 | Earnings Share 1.81 | Revenue Per Share | Quarterly Revenue Growth (0.21) |
The market value of Trinity Industries is measured differently than its book value, which is the value of Trinity that is recorded on the company's balance sheet. Investors also form their own opinion of Trinity Industries' value that differs from its market value or its book value, called intrinsic value, which is Trinity Industries' 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 Trinity Industries' market value can be influenced by many factors that don't directly affect Trinity Industries' 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 Trinity Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinity Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinity Industries' 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.