Trane Cash And Equivalents vs Net Invested Capital Analysis

TT Stock

USD 331.98 0.94 0.28%

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 Cash And Equivalents and its Net Invested Capital 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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Cash And Equivalents vs Net Invested Capital

Cash And Equivalents vs Net Invested Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trane Technologies plc Cash And Equivalents account and Net Invested Capital. At this time, the significance of the direction appears to have weak contrarian relationship.

The correlation between Trane Technologies' Cash And Equivalents and Net Invested Capital is -0.02. Overlapping area represents the amount of variation of Cash And Equivalents that can explain the historical movement of Net Invested Capital 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' Cash And Equivalents and Net Invested Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Equivalents of Trane Technologies plc are associated (or correlated) with its Net Invested Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Invested Capital has no effect on the direction of Cash And Equivalents i.e., Trane Technologies' Cash And Equivalents and Net Invested Capital go up and down completely randomly.

Correlation Coefficient

-0.02

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Cash And Equivalents

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

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 tightly coupled 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 19.69 in 2024, whereas Tax Provision is likely to drop slightly above 375.5 M in 2024.

	2021	2022	2023	2024 (projected)
Total Revenue	14.1B	16.0B	17.7B	10.6B
Depreciation And Amortization	300.5M	300.3M	348.1M	272.6M

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		0.88	0.89	0.86	0.97	0.93	0.72	0.87	0.49	0.98	0.21	0.49	0.91	-0.32	0.95	0.68	0.62	-0.16	0.99	0.9	0.5	0.72	0.91	0.85	-0.82	-0.36
Short Long Term Debt Total	0.88		0.74	0.85	0.77	0.75	0.79	0.91	0.61	0.8	0.53	0.61	0.89	-0.63	0.84	0.72	0.28	-0.5	0.92	0.93	0.39	0.84	0.67	0.73	-0.94	-0.45
Other Current Liab	0.89	0.74		0.67	0.91	0.88	0.63	0.79	0.38	0.9	0.13	0.38	0.77	-0.15	0.86	0.5	0.56	-0.04	0.85	0.73	0.39	0.51	0.84	0.68	-0.64	-0.35
Total Current Liabilities	0.86	0.85	0.67		0.79	0.82	0.81	0.86	0.34	0.79	0.37	0.34	0.96	-0.56	0.68	0.91	0.58	-0.44	0.88	0.89	0.67	0.93	0.64	0.75	-0.85	-0.2
Total Stockholder Equity	0.97	0.77	0.91	0.79		0.92	0.62	0.83	0.45	0.97	0.07	0.45	0.86	-0.23	0.9	0.6	0.68	-0.08	0.93	0.84	0.48	0.63	0.92	0.84	-0.72	-0.4
Property Plant And Equipment Net	0.93	0.75	0.88	0.82	0.92		0.82	0.8	0.17	0.95	0.15	0.17	0.9	-0.3	0.84	0.74	0.71	-0.14	0.9	0.75	0.49	0.69	0.91	0.86	-0.72	-0.26
Net Debt	0.72	0.79	0.63	0.81	0.62	0.82		0.77	-0.01	0.72	0.42	-0.01	0.87	-0.55	0.63	0.87	0.38	-0.41	0.76	0.63	0.39	0.81	0.59	0.61	-0.78	-0.14
Retained Earnings	0.87	0.91	0.79	0.86	0.83	0.8	0.77		0.49	0.79	0.43	0.49	0.94	-0.67	0.75	0.79	0.36	-0.56	0.87	0.91	0.38	0.87	0.65	0.71	-0.92	-0.53
Cash	0.49	0.61	0.38	0.34	0.45	0.17	-0.01	0.49		0.38	0.33	1.0	0.33	-0.32	0.55	0.04	-0.03	-0.27	0.51	0.69	0.13	0.32	0.33	0.41	-0.52	-0.54
Non Current Assets Total	0.98	0.8	0.9	0.79	0.97	0.95	0.72	0.79	0.38		0.1	0.38	0.86	-0.19	0.95	0.62	0.65	-0.02	0.97	0.8	0.48	0.63	0.95	0.83	-0.73	-0.29
Non Currrent Assets Other	0.21	0.53	0.13	0.37	0.07	0.15	0.42	0.43	0.33	0.1		0.33	0.38	-0.66	0.18	0.41	-0.08	-0.72	0.28	0.43	-0.03	0.56	-0.05	0.17	-0.48	-0.13
Cash And Short Term Investments	0.49	0.61	0.38	0.34	0.45	0.17	-0.01	0.49	1.0	0.38	0.33		0.33	-0.32	0.55	0.04	-0.03	-0.28	0.51	0.69	0.13	0.32	0.33	0.41	-0.52	-0.54
Net Receivables	0.91	0.89	0.77	0.96	0.86	0.9	0.87	0.94	0.33	0.86	0.38	0.33		-0.58	0.76	0.91	0.56	-0.45	0.91	0.9	0.5	0.92	0.72	0.78	-0.9	-0.35
Common Stock Shares Outstanding	-0.32	-0.63	-0.15	-0.56	-0.23	-0.3	-0.55	-0.67	-0.32	-0.19	-0.66	-0.32	-0.58		-0.19	-0.65	0.09	0.95	-0.37	-0.58	-0.19	-0.76	-0.09	-0.44	0.73	0.46
Non Current Liabilities Total	0.95	0.84	0.86	0.68	0.9	0.84	0.63	0.75	0.55	0.95	0.18	0.55	0.76	-0.19		0.47	0.48	-0.01	0.95	0.8	0.31	0.54	0.91	0.78	-0.75	-0.37
Inventory	0.68	0.72	0.5	0.91	0.6	0.74	0.87	0.79	0.04	0.62	0.41	0.04	0.91	-0.65	0.47		0.49	-0.54	0.7	0.72	0.48	0.93	0.45	0.6	-0.81	-0.14
Other Current Assets	0.62	0.28	0.56	0.58	0.68	0.71	0.38	0.36	-0.03	0.65	-0.08	-0.03	0.56	0.09	0.48	0.49		0.18	0.57	0.46	0.5	0.37	0.67	0.62	-0.31	0.03
Other Stockholder Equity	-0.16	-0.5	-0.04	-0.44	-0.08	-0.14	-0.41	-0.56	-0.27	-0.02	-0.72	-0.28	-0.45	0.95	-0.01	-0.54	0.18		-0.2	-0.46	-0.11	-0.68	0.09	-0.26	0.57	0.49
Total Liab	0.99	0.92	0.85	0.88	0.93	0.9	0.76	0.87	0.51	0.97	0.28	0.51	0.91	-0.37	0.95	0.7	0.57	-0.2		0.91	0.5	0.76	0.87	0.84	-0.86	-0.33
Total Current Assets	0.9	0.93	0.73	0.89	0.84	0.75	0.63	0.91	0.69	0.8	0.43	0.69	0.9	-0.58	0.8	0.72	0.46	-0.46	0.91		0.47	0.85	0.68	0.78	-0.91	-0.48
Short Term Debt	0.5	0.39	0.39	0.67	0.48	0.49	0.39	0.38	0.13	0.48	-0.03	0.13	0.5	-0.19	0.31	0.48	0.5	-0.11	0.5	0.47		0.49	0.45	0.5	-0.32	0.14
Accounts Payable	0.72	0.84	0.51	0.93	0.63	0.69	0.81	0.87	0.32	0.63	0.56	0.32	0.92	-0.76	0.54	0.93	0.37	-0.68	0.76	0.85	0.49		0.45	0.65	-0.88	-0.3
Intangible Assets	0.91	0.67	0.84	0.64	0.92	0.91	0.59	0.65	0.33	0.95	-0.05	0.33	0.72	-0.09	0.91	0.45	0.67	0.09	0.87	0.68	0.45	0.45		0.88	-0.6	-0.31
Short Term Investments	0.85	0.73	0.68	0.75	0.84	0.86	0.61	0.71	0.41	0.83	0.17	0.41	0.78	-0.44	0.78	0.6	0.62	-0.26	0.84	0.78	0.5	0.65	0.88		-0.73	-0.39
Common Stock	-0.82	-0.94	-0.64	-0.85	-0.72	-0.72	-0.78	-0.92	-0.52	-0.73	-0.48	-0.52	-0.9	0.73	-0.75	-0.81	-0.31	0.57	-0.86	-0.91	-0.32	-0.88	-0.6	-0.73		0.47
Current Deferred Revenue	-0.36	-0.45	-0.35	-0.2	-0.4	-0.26	-0.14	-0.53	-0.54	-0.29	-0.13	-0.54	-0.35	0.46	-0.37	-0.14	0.03	0.49	-0.33	-0.48	0.14	-0.3	-0.31	-0.39	0.47

Click cells to compare fundamentals

Trane Technologies Account Relationship Matchups

Trane Technologies fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	20.5B	18.2B	18.1B	18.1B	19.4B	12.8B
Short Long Term Debt Total	5.6B	5.3B	4.8B	4.8B	4.8B	3.0B
Other Current Liab	2.4B	2.0B	1.5B	1.5B	2.0B	1.3B
Total Current Liabilities	4.9B	4.3B	4.5B	5.7B	6.1B	3.2B
Total Stockholder Equity	7.3B	6.4B	6.3B	6.1B	7.0B	4.9B
Property Plant And Equipment Net	1.8B	1.3B	1.4B	1.5B	1.8B	1.4B
Net Debt	4.3B	2.0B	2.7B	3.6B	3.7B	2.0B
Retained Earnings	9.7B	8.5B	8.4B	8.3B	9.1B	5.1B
Cash	1.3B	3.3B	2.2B	1.2B	1.1B	936.6M
Non Current Assets Total	14.3B	11.3B	11.6B	11.7B	12.5B	8.4B
Non Currrent Assets Other	1.5B	1.3B	1.4B	478.9M	1.2B	644.1M
Cash And Short Term Investments	1.3B	3.3B	2.2B	1.2B	1.1B	944.8M
Net Receivables	2.8B	2.2B	2.4B	2.8B	3.0B	1.8B
Common Stock Shares Outstanding	244.4M	243.1M	242.3M	234.9M	230.7M	244.9M
Liabilities And Stockholders Equity	20.5B	18.2B	18.1B	18.1B	19.4B	12.8B
Non Current Liabilities Total	8.3B	7.4B	7.3B	6.3B	6.3B	4.6B
Inventory	1.7B	1.2B	1.5B	2.0B	2.2B	1.2B
Other Current Assets	403.3M	224.4M	351.5M	384.8M	665.7M	425.5M
Other Stockholder Equity	(1.7B)	(1.7B)	(1.7B)	(1.7B)	(1.7B)	(1.6B)
Total Liab	13.2B	11.7B	11.8B	12.0B	12.4B	7.8B
Total Current Assets	6.2B	6.9B	6.5B	6.4B	6.9B	4.4B
Short Term Debt	650.5M	775.6M	350.4M	1.0B	801.9M	709.6M
Accounts Payable	1.8B	1.5B	1.8B	2.1B	2.0B	1.3B
Intangible Assets	4.1B	3.3B	3.3B	3.3B	3.4B	3.5B
Accumulated Other Comprehensive Income	(1.0B)	(631.5M)	(637.6M)	(766.2M)	(670.8M)	(704.3M)
Common Stock	262.8M	263.3M	259.7M	253.3M	251.7M	297.5M
Current Deferred Revenue	682M	578M	805.4M	1.0B	1.2B	849.0M
Good Will	6.8B	5.3B	5.5B	5.5B	6.1B	6.3B
Property Plant And Equipment Gross	1.8B	1.3B	3.2B	3.4B	3.8B	4.0B
Other Assets	927.8M	1.3B	1.4B	1.4B	1.6B	1.2B
Long Term Debt	4.9B	4.5B	4.5B	3.8B	4.0B	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	650.5M	775.6M	350.4M	1.0B	801.9M	748.7M
Non Current Liabilities Other	1.5B	2.9B	2.8B	2.5B	1.0B	1.9B

Trane Technologies Investors Sentiment

The influence of Trane Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Trane. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Trane Technologies' public news can be used to forecast risks associated with an investment in Trane. The trend in average sentiment can be used to explain how an investor holding Trane can time the market purely based on public headlines and social activities around Trane Technologies plc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Trane Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Trane Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Trane Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Trane Technologies.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Trane Technologies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Trane Technologies' short interest history, or implied volatility extrapolated from Trane Technologies options trading.

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When determining whether Trane Technologies plc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Trane Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Trane Technologies Plc Stock. Highlighted below are key reports to facilitate an investment decision about Trane Technologies Plc Stock:

How To Invest In Trane

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Is Trane Stock a good investment?

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What is Trane Technologies' Net Worth?

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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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.

You can also try the Stocks Directory module to find actively traded stocks across global markets.

Complementary 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.

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Is Trane Technologies' 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 Trane Technologies. If investors know Trane 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 Trane Technologies 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

0.43

Dividend Share

3.09

Earnings Share

9.45

Revenue Per Share

79.9

Quarterly Revenue Growth

0.15

The market value of Trane Technologies plc is measured differently than its book value, which is the value of Trane that is recorded on the company's balance sheet. Investors also form their own opinion of Trane Technologies' value that differs from its market value or its book value, called intrinsic value, which is Trane Technologies' 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 Trane Technologies' market value can be influenced by many factors that don't directly affect Trane Technologies' 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 Trane Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Trane Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trane Technologies' 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.

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Trane Cash And Equivalents vs Net Invested Capital Analysis

Cash And Equivalents vs Net Invested Capital

Cash And Equivalents vs Net Invested Capital Correlation Analysis

Correlation Coefficient

Cash And Equivalents

Net Invested Capital

Trane Technologies fundamental ratios Correlations

Trane Technologies Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Trane Technologies fundamental ratios Accounts

Trane Technologies Investors Sentiment

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 0.99	Total Assets
Non Current Assets Total	+ 0.98	Total Assets
Total Stockholder Equity	+ 0.97	Total Assets
Non Current Assets Total	+ 0.97	Total Stockholder Equity
Total Liab	+ 0.97	Non Current Assets Total

Common Stock	- 0.94	Short Long Term Debt Total
Common Stock	- 0.92	Retained Earnings
Common Stock	- 0.91	Total Current Assets
Common Stock	- 0.9	Net Receivables
Common Stock	- 0.88	Accounts Payable
Common Stock	- 0.86	Total Liab