TriMas Interest Coverage from 2010 to 2024
| TRS Stock | USD 25.88 0.18 0.69% |
Interest Coverage | First Reported 2010-12-31 | Previous Quarter 4.83919598 | Current Value 5.08 | Quarterly Volatility 3.59842304 |
Check TriMas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TriMas main balance sheet or income statement drivers, such as Depreciation And Amortization of 44.7 M, Interest Expense of 22.5 M or Total Revenue of 948.7 M, as well as many exotic indicators such as Price To Sales Ratio of 1.12, Dividend Yield of 0.0061 or PTB Ratio of 1.46. TriMas financial statements analysis is a perfect complement when working with TriMas Valuation or Volatility modules.
TriMas | Interest Coverage |
Latest TriMas' Interest Coverage Growth Pattern
Below is the plot of the Interest Coverage of TriMas over the last few years. It is TriMas' Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TriMas' overall financial position and show how it may be relating to other accounts over time.
| Interest Coverage | 10 Years Trend |
|
Interest Coverage |
| Timeline |
TriMas Interest Coverage Regression Statistics
| Arithmetic Mean | 4.29 | |
| Coefficient Of Variation | 83.96 | |
| Mean Deviation | 2.83 | |
| Median | 5.08 | |
| Standard Deviation | 3.60 | |
| Sample Variance | 12.95 | |
| Range | 11.9827 | |
| R-Value | 0.39 | |
| Mean Square Error | 11.85 | |
| R-Squared | 0.15 | |
| Significance | 0.15 | |
| Slope | 0.31 | |
| Total Sum of Squares | 181.28 |
TriMas Interest Coverage History
About TriMas Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include TriMas income statement, its balance sheet, and the statement of cash flows. TriMas investors use historical funamental indicators, such as TriMas's Interest Coverage, to determine how well the company is positioned to perform in the future. Although TriMas investors may use each financial statement separately, they are all related. The changes in TriMas's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TriMas's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on TriMas Financial Statements. Understanding these patterns can help to make the right decision on long term investment in TriMas. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Interest Coverage | 4.84 | 5.08 |
Currently Active Assets on Macroaxis
When determining whether TriMas is a strong investment it is important to analyze TriMas' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact TriMas' future performance. For an informed investment choice regarding TriMas Stock, refer to the following important reports:Check out the analysis of TriMas Correlation against competitors. For more information on how to buy TriMas Stock please use our How to Invest in TriMas guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for TriMas Stock analysis
When running TriMas' price analysis, check to measure TriMas' 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 TriMas is operating at the current time. Most of TriMas' value examination focuses on studying past and present price action to predict the probability of TriMas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriMas' price. Additionally, you may evaluate how the addition of TriMas to your portfolios can decrease your overall portfolio volatility.
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Is TriMas' industry 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 TriMas. If investors know TriMas 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 TriMas 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 (0.58) | Dividend Share 0.16 | Earnings Share 0.97 | Revenue Per Share 21.563 | Quarterly Revenue Growth 0.031 |
The market value of TriMas is measured differently than its book value, which is the value of TriMas that is recorded on the company's balance sheet. Investors also form their own opinion of TriMas' value that differs from its market value or its book value, called intrinsic value, which is TriMas' 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 TriMas' market value can be influenced by many factors that don't directly affect TriMas' 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 TriMas' value and its price as these two are different measures arrived at by different means. Investors typically determine if TriMas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TriMas' 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.