Trimble Balance Sheet Health
Financial Health criteria checks 2/6
Trimble has a total shareholder equity of $4.3B and total debt of $3.0B, which brings its debt-to-equity ratio to 69.7%. Its total assets and total liabilities are $9.3B and $5.0B respectively. Trimble's EBIT is $538.8M making its interest coverage ratio 2.9. It has cash and short-term investments of $255.1M.
Key information
69.7%
Debt to equity ratio
US$3.03b
Debt
Interest coverage ratio | 2.9x |
Cash | US$255.10m |
Equity | US$4.35b |
Total liabilities | US$4.97b |
Total assets | US$9.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TB5's short term assets ($1.8B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: TB5's short term assets ($1.8B) do not cover its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: TB5's net debt to equity ratio (63.8%) is considered high.
Reducing Debt: TB5's debt to equity ratio has increased from 68.9% to 69.7% over the past 5 years.
Debt Coverage: TB5's debt is well covered by operating cash flow (20.5%).
Interest Coverage: TB5's interest payments on its debt are not well covered by EBIT (2.9x coverage).