Trinity Property Plant And Equipment Net vs Non Current Liabilities Total Analysis

TRN Stock  USD 31.45  0.35  1.13%   
Trinity Industries financial indicator trend analysis is much more than just breaking down Trinity Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Trinity Industries is a good investment. Please check the relationship between Trinity Industries Property Plant And Equipment Net and its Non Current Liabilities Total accounts. 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 tightly coupled 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.

Property Plant And Equipment Net vs Non Current Liabilities Total

Property Plant And Equipment Net vs Non Current Liabilities Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trinity Industries Property Plant And Equipment Net account and Non Current Liabilities Total. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Trinity Industries' Property Plant And Equipment Net and Non Current Liabilities Total is 0.93. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Trinity Industries, assuming nothing else is changed. The correlation between historical values of Trinity Industries' Property Plant And Equipment Net and Non Current Liabilities Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Trinity Industries are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Property Plant And Equipment Net i.e., Trinity Industries' Property Plant And Equipment Net and Non Current Liabilities Total go up and down completely randomly.

Correlation Coefficient

0.93
Relationship DirectionPositive 
Relationship StrengthVery Strong

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.

Non Current Liabilities Total

Most indicators from Trinity Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 Trinity Industries. Also, note that the market value of any company could be tightly coupled 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' Selling General Administrative is very stable compared to the past year. As of the 2nd of June 2024, Tax Provision is likely to grow to about 15.3 M, though Discontinued Operations is likely to grow to (17.4 M).
 2021 2022 2023 2024 (projected)
Interest Expense191.4M207.6M265.5M278.8M
Depreciation And Amortization265.7M276.4M293.2M147.2M

Trinity Industries fundamental ratios Correlations

0.510.090.610.570.730.40.630.420.78-0.030.430.640.20.540.590.360.170.580.6-0.120.530.490.420.140.51
0.51-0.30.2-0.170.920.99-0.09-0.330.88-0.12-0.340.24-0.281.00.090.01-0.50.99-0.080.040.630.970.78-0.510.99
0.09-0.30.420.49-0.14-0.380.420.55-0.090.90.520.280.68-0.30.30.160.52-0.250.440.11-0.18-0.33-0.350.05-0.22
0.610.20.420.590.310.060.470.730.390.170.650.550.630.210.920.810.60.310.840.210.650.07-0.170.070.2
0.57-0.170.490.590.17-0.320.970.880.290.280.920.560.75-0.140.660.470.69-0.070.88-0.150.03-0.16-0.050.3-0.15
0.730.92-0.140.310.170.870.28-0.10.99-0.02-0.070.41-0.040.930.210.09-0.310.940.14-0.060.520.910.8-0.320.93
0.40.99-0.380.06-0.320.87-0.22-0.480.81-0.16-0.490.14-0.390.98-0.06-0.1-0.610.96-0.240.030.570.960.78-0.530.98
0.63-0.090.420.470.970.28-0.220.760.380.260.830.530.66-0.060.530.330.54-0.010.77-0.22-0.03-0.060.090.31-0.06
0.42-0.330.550.730.88-0.1-0.480.760.030.250.980.470.74-0.30.780.610.84-0.220.940.070.12-0.36-0.350.34-0.32
0.780.88-0.090.390.290.990.810.380.030.010.050.470.040.90.30.15-0.210.910.26-0.090.540.870.78-0.30.89
-0.03-0.120.90.170.28-0.02-0.160.260.250.010.230.160.48-0.130.04-0.10.25-0.10.140.02-0.21-0.13-0.12-0.23-0.02
0.43-0.340.520.650.92-0.07-0.490.830.980.050.230.460.72-0.310.720.560.83-0.230.93-0.010.05-0.34-0.280.34-0.33
0.640.240.280.550.560.410.140.530.470.470.160.460.410.270.480.350.390.320.620.00.20.260.160.080.25
0.2-0.280.680.630.75-0.04-0.390.660.740.040.480.720.41-0.270.520.650.77-0.20.680.11-0.08-0.35-0.410.3-0.25
0.541.0-0.30.21-0.140.930.98-0.06-0.30.9-0.13-0.310.27-0.270.110.02-0.470.99-0.050.040.620.980.81-0.50.99
0.590.090.30.920.660.21-0.060.530.780.30.040.720.480.520.110.760.630.20.90.070.660.0-0.120.030.07
0.360.010.160.810.470.09-0.10.330.610.15-0.10.560.350.650.020.760.740.10.70.280.46-0.1-0.330.18-0.03
0.17-0.50.520.60.69-0.31-0.610.540.84-0.210.250.830.390.77-0.470.630.74-0.390.770.2-0.04-0.53-0.540.34-0.49
0.580.99-0.250.31-0.070.940.96-0.01-0.220.91-0.1-0.230.32-0.20.990.20.1-0.390.040.060.670.960.77-0.490.99
0.6-0.080.440.840.880.14-0.240.770.940.260.140.930.620.68-0.050.90.70.770.040.060.34-0.11-0.160.2-0.08
-0.120.040.110.21-0.15-0.060.03-0.220.07-0.090.02-0.010.00.110.040.070.280.20.060.060.04-0.02-0.16-0.170.04
0.530.63-0.180.650.030.520.57-0.030.120.54-0.210.050.2-0.080.620.660.46-0.040.670.340.040.510.25-0.380.6
0.490.97-0.330.07-0.160.910.96-0.06-0.360.87-0.13-0.340.26-0.350.980.0-0.1-0.530.96-0.11-0.020.510.88-0.540.97
0.420.78-0.35-0.17-0.050.80.780.09-0.350.78-0.12-0.280.16-0.410.81-0.12-0.33-0.540.77-0.16-0.160.250.88-0.490.79
0.14-0.510.050.070.3-0.32-0.530.310.34-0.3-0.230.340.080.3-0.50.030.180.34-0.490.2-0.17-0.38-0.54-0.49-0.53
0.510.99-0.220.2-0.150.930.98-0.06-0.320.89-0.02-0.330.25-0.250.990.07-0.03-0.490.99-0.080.040.60.970.79-0.53
Click cells to compare fundamentals

Trinity Industries Account Relationship Matchups

Trinity Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets8.7B8.7B8.2B8.7B8.9B4.5B
Short Long Term Debt Total4.9B5.0B5.2B5.6B5.8B6.0B
Other Current Liab342.1M314.7M307.4M(1.1B)302.3M207.4M
Total Current Liabilities546M471.1M513.8M548.5M607.6M533.0M
Total Stockholder Equity2.0B1.7B1.0B1.0B1.0B1.5B
Property Plant And Equipment Net7.1B7.0B6.8B6.9B7.0B7.4B
Net Debt4.7B4.9B5.0B5.5B5.6B5.9B
Retained Earnings2.2B1.8B1.0B992.6M1.0B1.2B
Cash166.2M132M167.3M79.6M105.7M100.4M
Non Current Assets Total7.7B7.5B7.3B7.5B7.6B8.0B
Non Currrent Assets Other396.2M295.2M266.5M(811.6M)392.1M411.7M
Cash And Short Term Investments166.2M132M167.3M79.6M105.7M100.4M
Net Receivables274.8M644.8M233M331.3M368.7M311.5M
Common Stock Shares Outstanding127.3M115.9M103.8M84.2M83.4M138.3M
Liabilities And Stockholders Equity8.7B8.7B8.2B8.7B8.9B4.5B
Non Current Liabilities Total5.8B6.2B6.4B6.9B7.0B7.4B
Inventory433.4M321.2M432.9M629.4M684.3M465.5M
Other Current Assets111.4M96.4M135.1M214.7M129.4M163.5M
Other Stockholder Equity(900K)(800K)(600K)(700K)14.8M14.1M
Total Liab6.3B6.7B6.9B7.5B7.6B8.0B
Total Current Assets985.8M1.2B968.3M1.3B1.3B1.1B
Short Term Debt28M45.2M231.4M242.1M673.2M706.9M
Accounts Payable203.9M156.4M206.4M287.5M305.3M218.6M
Property Plant And Equipment Gross7.1B9.2B9.1B9.3B9.9B10.3B
Accumulated Other Comprehensive Income(153.1M)(30.9M)(17M)19.7M11M11.6M
Other Liab849.8M1.1B1.3B1.2B1.4B1.4B
Other Assets350.8M178.4M266.5M214.7M(2.4B)(2.3B)
Long Term Debt4.9B5.0B5.2B5.0B5.8B6.0B
Common Stock Total Equity1.3M1.2M1M800K720K684K
Treasury Stock(900K)(800K)(600K)(700K)(805K)(845.3K)
Common Stock1.3M1.2M1.1M800K720K684K
Property Plant Equipment7.1B7.0B6.8B6.9B7.9B4.1B
Current Deferred Revenue(28M)(45.2M)(231.4M)1.1B(673.2M)(639.5M)
Net Tangible Assets1.8B1.5B875.6M816.5M734.9M698.1M
Noncontrolling Interest In Consolidated Entity348.8M277.2M267M257.2M295.8M301.2M
Retained Earnings Total Equity2.2B1.8B1.0B992.6M1.1B2.2B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Trinity Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Trinity Industries' 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 Trinity Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Trinity Industries Stock:
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 tightly coupled 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Trinity Stock analysis

When running Trinity Industries' price analysis, check to measure Trinity Industries' 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 Trinity Industries is operating at the current time. Most of Trinity Industries' value examination focuses on studying past and present price action to predict the probability of Trinity Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trinity Industries' price. Additionally, you may evaluate how the addition of Trinity Industries to your portfolios can decrease your overall portfolio volatility.
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Is Trinity Industries' 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 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
4.281
Dividend Share
1.08
Earnings Share
1.67
Revenue Per Share
38.713
Quarterly Revenue Growth
0.262
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.