Trimble Balance Sheet Health
Financial Health criteria checks 6/6
Trimble has a total shareholder equity of $5.9B and total debt of $1.8B, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are $9.9B and $4.0B respectively. Trimble's EBIT is $493.1M making its interest coverage ratio 3.9. It has cash and short-term investments of $1.0B.
Key information
30.5%
Debt to equity ratio
US$1.79b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$1.04b |
| Equity | US$5.88b |
| Total liabilities | US$3.99b |
| Total assets | US$9.87b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TB5's short term assets ($2.3B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: TB5's short term assets ($2.3B) exceed its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: TB5's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: TB5's debt to equity ratio has reduced from 62.8% to 30.5% over the past 5 years.
Debt Coverage: TB5's debt is well covered by operating cash flow (28.8%).
Interest Coverage: TB5's interest payments on its debt are well covered by EBIT (3.9x coverage).