Trane Total Stockholder Equity vs Long Term Debt Total 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 Total Stockholder Equity and its Long Term Debt Total 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.

Total Stockholder Equity vs Long Term Debt Total

Total Stockholder Equity vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Trane Technologies plc Total Stockholder Equity account and Long Term Debt Total. At this time, the significance of the direction appears to have no relationship.
The correlation between Trane Technologies' Total Stockholder Equity and Long Term Debt Total is 0.04. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Long Term Debt Total 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' Total Stockholder Equity and Long Term Debt 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 Total Stockholder Equity of Trane Technologies plc are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Total Stockholder Equity i.e., Trane Technologies' Total Stockholder Equity and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.04
Relationship DirectionPositive 
Relationship StrengthInsignificant

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt Total

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 Revenue14.1B16.0B17.7B10.6B
Depreciation And Amortization300.5M300.3M348.1M272.6M

Trane Technologies fundamental ratios Correlations

0.880.890.860.970.930.720.870.490.980.210.490.91-0.320.950.680.62-0.160.990.90.50.720.910.85-0.82-0.36
0.880.740.850.770.750.790.910.610.80.530.610.89-0.630.840.720.28-0.50.920.930.390.840.670.73-0.94-0.45
0.890.740.670.910.880.630.790.380.90.130.380.77-0.150.860.50.56-0.040.850.730.390.510.840.68-0.64-0.35
0.860.850.670.790.820.810.860.340.790.370.340.96-0.560.680.910.58-0.440.880.890.670.930.640.75-0.85-0.2
0.970.770.910.790.920.620.830.450.970.070.450.86-0.230.90.60.68-0.080.930.840.480.630.920.84-0.72-0.4
0.930.750.880.820.920.820.80.170.950.150.170.9-0.30.840.740.71-0.140.90.750.490.690.910.86-0.72-0.26
0.720.790.630.810.620.820.77-0.010.720.42-0.010.87-0.550.630.870.38-0.410.760.630.390.810.590.61-0.78-0.14
0.870.910.790.860.830.80.770.490.790.430.490.94-0.670.750.790.36-0.560.870.910.380.870.650.71-0.92-0.53
0.490.610.380.340.450.17-0.010.490.380.331.00.33-0.320.550.04-0.03-0.270.510.690.130.320.330.41-0.52-0.54
0.980.80.90.790.970.950.720.790.380.10.380.86-0.190.950.620.65-0.020.970.80.480.630.950.83-0.73-0.29
0.210.530.130.370.070.150.420.430.330.10.330.38-0.660.180.41-0.08-0.720.280.43-0.030.56-0.050.17-0.48-0.13
0.490.610.380.340.450.17-0.010.491.00.380.330.33-0.320.550.04-0.03-0.280.510.690.130.320.330.41-0.52-0.54
0.910.890.770.960.860.90.870.940.330.860.380.33-0.580.760.910.56-0.450.910.90.50.920.720.78-0.9-0.35
-0.32-0.63-0.15-0.56-0.23-0.3-0.55-0.67-0.32-0.19-0.66-0.32-0.58-0.19-0.650.090.95-0.37-0.58-0.19-0.76-0.09-0.440.730.46
0.950.840.860.680.90.840.630.750.550.950.180.550.76-0.190.470.48-0.010.950.80.310.540.910.78-0.75-0.37
0.680.720.50.910.60.740.870.790.040.620.410.040.91-0.650.470.49-0.540.70.720.480.930.450.6-0.81-0.14
0.620.280.560.580.680.710.380.36-0.030.65-0.08-0.030.560.090.480.490.180.570.460.50.370.670.62-0.310.03
-0.16-0.5-0.04-0.44-0.08-0.14-0.41-0.56-0.27-0.02-0.72-0.28-0.450.95-0.01-0.540.18-0.2-0.46-0.11-0.680.09-0.260.570.49
0.990.920.850.880.930.90.760.870.510.970.280.510.91-0.370.950.70.57-0.20.910.50.760.870.84-0.86-0.33
0.90.930.730.890.840.750.630.910.690.80.430.690.9-0.580.80.720.46-0.460.910.470.850.680.78-0.91-0.48
0.50.390.390.670.480.490.390.380.130.48-0.030.130.5-0.190.310.480.5-0.110.50.470.490.450.5-0.320.14
0.720.840.510.930.630.690.810.870.320.630.560.320.92-0.760.540.930.37-0.680.760.850.490.450.65-0.88-0.3
0.910.670.840.640.920.910.590.650.330.95-0.050.330.72-0.090.910.450.670.090.870.680.450.450.88-0.6-0.31
0.850.730.680.750.840.860.610.710.410.830.170.410.78-0.440.780.60.62-0.260.840.780.50.650.88-0.73-0.39
-0.82-0.94-0.64-0.85-0.72-0.72-0.78-0.92-0.52-0.73-0.48-0.52-0.90.73-0.75-0.81-0.310.57-0.86-0.91-0.32-0.88-0.6-0.730.47
-0.36-0.45-0.35-0.2-0.4-0.26-0.14-0.53-0.54-0.29-0.13-0.54-0.350.46-0.37-0.140.030.49-0.33-0.480.14-0.3-0.31-0.390.47
Click cells to compare fundamentals

Trane Technologies Account Relationship Matchups

Trane Technologies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets20.5B18.2B18.1B18.1B19.4B12.8B
Short Long Term Debt Total5.6B5.3B4.8B4.8B4.8B3.0B
Other Current Liab2.4B2.0B1.5B1.5B2.0B1.3B
Total Current Liabilities4.9B4.3B4.5B5.7B6.1B3.2B
Total Stockholder Equity7.3B6.4B6.3B6.1B7.0B4.9B
Property Plant And Equipment Net1.8B1.3B1.4B1.5B1.8B1.4B
Net Debt4.3B2.0B2.7B3.6B3.7B2.0B
Retained Earnings9.7B8.5B8.4B8.3B9.1B5.1B
Cash1.3B3.3B2.2B1.2B1.1B936.6M
Non Current Assets Total14.3B11.3B11.6B11.7B12.5B8.4B
Non Currrent Assets Other1.5B1.3B1.4B478.9M1.2B644.1M
Cash And Short Term Investments1.3B3.3B2.2B1.2B1.1B944.8M
Net Receivables2.8B2.2B2.4B2.8B3.0B1.8B
Common Stock Shares Outstanding244.4M243.1M242.3M234.9M230.7M244.9M
Liabilities And Stockholders Equity20.5B18.2B18.1B18.1B19.4B12.8B
Non Current Liabilities Total8.3B7.4B7.3B6.3B6.3B4.6B
Inventory1.7B1.2B1.5B2.0B2.2B1.2B
Other Current Assets403.3M224.4M351.5M384.8M665.7M425.5M
Other Stockholder Equity(1.7B)(1.7B)(1.7B)(1.7B)(1.7B)(1.6B)
Total Liab13.2B11.7B11.8B12.0B12.4B7.8B
Total Current Assets6.2B6.9B6.5B6.4B6.9B4.4B
Short Term Debt650.5M775.6M350.4M1.0B801.9M709.6M
Accounts Payable1.8B1.5B1.8B2.1B2.0B1.3B
Intangible Assets4.1B3.3B3.3B3.3B3.4B3.5B
Accumulated Other Comprehensive Income(1.0B)(631.5M)(637.6M)(766.2M)(670.8M)(704.3M)
Common Stock262.8M263.3M259.7M253.3M251.7M297.5M
Current Deferred Revenue682M578M805.4M1.0B1.2B849.0M
Good Will6.8B5.3B5.5B5.5B6.1B6.3B
Property Plant And Equipment Gross1.8B1.3B3.2B3.4B3.8B4.0B
Other Assets927.8M1.3B1.4B1.4B1.6B1.2B
Long Term Debt4.9B4.5B4.5B3.8B4.0B4.4B
Long Term Debt Total4.9B4.5B4.5B3.8B4.4B4.4B
Property Plant Equipment1.8B1.8B1.4B1.5B1.4B1.3B
Other Liab2.7B2.6B2.8B2.2B2.0B2.2B
Net Tangible Assets(1.2B)(2.2B)(2.5B)(2.7B)(3.1B)(3.2B)
Short Long Term Debt650.5M775.6M350.4M1.0B801.9M748.7M
Non Current Liabilities Other1.5B2.9B2.8B2.5B1.0B1.9B

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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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.