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
Trimble Inc. (NASDAQ:TRMB) Shares Could Be 21% Below Their Intrinsic Value Estimate
Nov 07
Trimble: Undervalued Amid Strong Q2 Results And FY25 Estimates
Aug 13Returns On Capital At Trimble (NASDAQ:TRMB) Have Hit The Brakes
Jul 29Trimble: On Position Again, Supported By Some Real Green Shoots
May 08Trimble Inc.'s (NASDAQ:TRMB) P/E Is On The Mark
Apr 25The Returns At Trimble (NASDAQ:TRMB) Aren't Growing
Apr 09Is Trimble (NASDAQ:TRMB) A Risky Investment?
Mar 25Earnings Update: Here's Why Analysts Just Lifted Their Trimble Inc. (NASDAQ:TRMB) Price Target To US$64.49
Feb 15Is Now The Time To Look At Buying Trimble Inc. (NASDAQ:TRMB)?
Feb 08Trimble: Growth At A Very Reasonable Price
Feb 05Estimating The Intrinsic Value Of Trimble Inc. (NASDAQ:TRMB)
Jan 08Investors Interested In Trimble Inc.'s (NASDAQ:TRMB) Earnings
Dec 23We Think Trimble (NASDAQ:TRMB) Is Taking Some Risk With Its Debt
Dec 08Return Trends At Trimble (NASDAQ:TRMB) Aren't Appealing
Nov 21Is Trimble Inc. (NASDAQ:TRMB) Potentially Undervalued?
Oct 21An Intrinsic Calculation For Trimble Inc. (NASDAQ:TRMB) Suggests It's 34% Undervalued
Oct 06Trimble (NASDAQ:TRMB) Has A Somewhat Strained Balance Sheet
Sep 01Return Trends At Trimble (NASDAQ:TRMB) Aren't Appealing
Aug 14At US$52.81, Is Trimble Inc. (NASDAQ:TRMB) Worth Looking At Closely?
Jul 11Are Investors Undervaluing Trimble Inc. (NASDAQ:TRMB) By 20%?
Jun 24We Think Trimble (NASDAQ:TRMB) Can Stay On Top Of Its Debt
May 09Is It Time To Consider Buying Trimble Inc. (NASDAQ:TRMB)?
Apr 05Is Trimble Inc. (NASDAQ:TRMB) Trading At A 22% Discount?
Mar 21Financial Position Analysis
Short Term Liabilities: TRMB's short term assets ($2.3B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: TRMB's short term assets ($2.3B) exceed its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: TRMB's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: TRMB's debt to equity ratio has reduced from 62.8% to 30.5% over the past 5 years.
Debt Coverage: TRMB's debt is well covered by operating cash flow (28.8%).
Interest Coverage: TRMB's interest payments on its debt are well covered by EBIT (3.9x coverage).