Trimble Inc.

DB:TB5 Stock Report

Market Cap: €16.8b

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 ratio3.9x
CashUS$1.04b
EquityUS$5.88b
Total liabilitiesUS$3.99b
Total assetsUS$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).

Balance Sheet

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