Trimble Balance Sheet Health
Financial Health criteria checks 3/6
Trimble has a total shareholder equity of $4.5B and total debt of $3.1B, which brings its debt-to-equity ratio to 68.1%. Its total assets and total liabilities are $9.5B and $5.0B respectively. Trimble's EBIT is $566.7M making its interest coverage ratio 3.5. It has cash and short-term investments of $229.8M.
Key information
68.1%
Debt to equity ratio
US$3.07b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$229.80m |
| Equity | US$4.50b |
| Total liabilities | US$5.04b |
| Total assets | US$9.54b |
Recent financial health updates
Is Trimble (NASDAQ:TRMB) A Risky Investment?
Mar 25
We Think Trimble (NASDAQ:TRMB) Is Taking Some Risk With Its Debt
Dec 08Trimble (NASDAQ:TRMB) Has A Somewhat Strained Balance Sheet
Sep 01We Think Trimble (NASDAQ:TRMB) Can Stay On Top Of Its Debt
May 09Does Trimble (NASDAQ:TRMB) Have A Healthy Balance Sheet?
Feb 02We Think Trimble (NASDAQ:TRMB) Can Stay On Top Of Its Debt
Oct 27Recent updates
Trimble 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 21Does Trimble (NASDAQ:TRMB) Have A Healthy Balance Sheet?
Feb 02Is It Too Late To Consider Buying Trimble Inc. (NASDAQ:TRMB)?
Jan 03Calculating The Fair Value Of Trimble Inc. (NASDAQ:TRMB)
Dec 19We Think Trimble (NASDAQ:TRMB) Can Stay On Top Of Its Debt
Oct 27Trimble shifts headquarters to Westminster, Colorado
Oct 06What Does Trimble Inc.'s (NASDAQ:TRMB) Share Price Indicate?
Sep 27Trimble Ventures invests in construction tech startup Civ Robotics
Sep 21Trimble acquires B2W software to expand its civil construction portfolio
Sep 14Financial Position Analysis
Short Term Liabilities: TRMB's short term assets ($1.8B) exceed its short term liabilities ($1.8B).
Long Term Liabilities: TRMB's short term assets ($1.8B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: TRMB's net debt to equity ratio (63%) is considered high.
Reducing Debt: TRMB's debt to equity ratio has reduced from 73.6% to 68.1% over the past 5 years.
Debt Coverage: TRMB's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: TRMB's interest payments on its debt are well covered by EBIT (3.5x coverage).