Trane Current Deferred Revenue vs Short Long Term Debt 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 Current Deferred Revenue and its Short Long Term Debt 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.
Current Deferred Revenue vs Short Long Term Debt
Current Deferred Revenue vs Short Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trane Technologies plc Current Deferred Revenue account and Short Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Trane Technologies' Current Deferred Revenue and Short Long Term Debt is -0.14. Overlapping area represents the amount of variation of Current Deferred Revenue that can explain the historical movement of Short Long Term Debt 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' Current Deferred Revenue and Short Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Deferred Revenue of Trane Technologies plc are associated (or correlated) with its Short Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt has no effect on the direction of Current Deferred Revenue i.e., Trane Technologies' Current Deferred Revenue and Short Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.14 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Short Long Term Debt
The total of a company’s short-term and long-term borrowings.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 |
Trane Technologies fundamental ratios Correlations
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Trane Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 |
Currently Active Assets on Macroaxis
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: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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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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.