Triton International Revenue vs. Cash And Equivalents
| TRTN-PD Preferred Stock | USD 23.94 0.04 0.17% |
For Triton International profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Triton International to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Triton International Limited utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Triton International's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Triton International Limited over time as well as its relative position and ranking within its peers.
Triton |
Triton International Cash And Equivalents vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Triton International's current stock value. Our valuation model uses many indicators to compare Triton International value to that of its competitors to determine the firm's financial worth. Triton International Limited is rated fifth in revenue category among its peers. It is rated third in cash and equivalents category among its peers creating about 0.08 of Cash And Equivalents per Revenue. The ratio of Revenue to Cash And Equivalents for Triton International Limited is roughly 12.16 . 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 Triton International's earnings, one of the primary drivers of an investment's value.Triton Revenue vs. Competition
Triton International Limited is rated fifth in revenue category among its peers. Market size based on revenue of Rental & Leasing Services industry is at this time estimated at about 8.65 Billion. Triton International retains roughly 1.68 Billion in revenue claiming about 19% of equities listed under Rental & Leasing Services industry.
Triton Cash And Equivalents vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Triton International |
| = | 1.68 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Triton International |
| = | 137.91 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Triton Cash And Equivalents Comparison
Triton International is rated second in cash and equivalents category among its peers.
Triton International Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Triton International, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Triton International will eventually generate negative long term returns. The profitability progress is the general direction of Triton International's change in net profit over the period of time. It can combine multiple indicators of Triton International, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Triton International Limited engages in the acquisition, leasing, re-leasing, and sale of various types of intermodal containers and chassis to shipping lines, and freight forwarding companies and manufacturers. The company was founded in 1980 and is based in Hamilton, Bermuda. Triton International operates under Rental Leasing Services classification in the United States and is traded on NYQ Exchange. It employs 237 people.
Triton Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Triton International. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Triton International position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Triton International's important profitability drivers and their relationship over time.
Use Triton International in pair-trading
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 Triton International 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 Triton International will appreciate offsetting losses from the drop in the long position's value.Triton International Pair Trading
Triton International Limited Pair Trading Analysis
The ability to find closely correlated positions to Triton International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Triton International 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 Triton International - 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 Triton International Limited to buy it.
The correlation of Triton International 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 Triton International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Triton International 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 Triton International 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.Use Investing Themes to Complement your Triton International position
In addition to having Triton International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Toys Thematic Idea Now
Toys
Companies producing and distributing toys and different gaming products for kids. The Toys theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Toys Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Triton Preferred Stock
To fully project Triton International's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Triton International at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Triton International's income statement, its balance sheet, and the statement of cash flows.