Trimble (Trimble) Debt-to-Equity

: 0.71 (As of Dec. 2023)

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Trimble's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $530 Mil. Trimble's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,658 Mil. Trimble's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,500 Mil. Trimble's debt to equity for the quarter that ended in Dec. 2023 was 0.71.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Trimble's Debt-to-Equity or its related term are showing as below:

TRMB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.39 Max: 0.74
Current: 0.71

During the past 13 years, the highest Debt-to-Equity Ratio of Trimble was 0.74. The lowest was 0.27. And the median was 0.39.

TRMB's Debt-to-Equity is ranked worse than
77.41% of 2196 companies
in the Hardware industry
Industry Median: 0.28 vs TRMB: 0.71

Trimble Debt-to-Equity Historical Data

The historical data trend for Trimble's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Trimble Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.63

0.46

0.36

0.40

0.71

Trimble Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.40	0.52	0.76	0.73	0.71

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Trimble's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Trimble Debt-to-Equity Distribution

For the Hardware industry and Technology sector, Trimble's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Trimble's Debt-to-Equity falls into.

Trimble Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trimble's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(530.4	+	2658.1)	/	4500.1
	=	0.71

Trimble's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(530.4	+	2658.1)	/	4500.1
	=	0.71

Trimble (NAS:TRMB) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Trimble Debt-to-Equity Related Terms

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Trimble (Trimble) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Trimble Inc (NAS:TRMB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TB5:Germany TB5:Germany

Address

10368 Westmoor Dr, Westminister, CO, USA, 80021

Website

https://www.trimble.com

Trimble Inc provides location-based solutions that are used in global positioning system (GPS), laser, optical and inertial technologies. Its products portfolio includes 3D laser scanning, flow and application control systems, monitoring systems, water management, and navigation infrastructure. It also manufactures laser and optics-based products, and GPS products. The company serves various industries which include agriculture, architecture, civil engineering, survey and land administration, construction, geospatial among others. The company operates in four reportable segments namely, Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. It derives most of its revenues from the US and Europe with the rest coming from the Asia Pacific and other markets.

Executives

Robert G Painter	officer: CFO	C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Peter Large	officer: Senior Vice President	935 STEWART DRIVE, SUNNYVALE CA 94085
Darryl R Matthews	officer: SVP & Sector Head	C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Mark S Peek	director	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Kaigham Gabriel	director	C/O TRIMBLE INC., 935 STEWART DR, SUNNYVALE CA 94085
Ronald Bisio	officer: Sr. Vice President	C/O TRIMBLE INC., 935 STEWARD DR., SUNNYVALE CA 94085
Jennifer Allison	officer: Corporate VP, General Counsel	10368 WESTMOOR DRIVE, WESTMINSTER CO 80021
James Calvin Dalton	director	2065 COURTHOUSE ROAD, STAFFORD VA 22554
Jennifer Lin	officer: Chief Platform Officer	935 STEWART DRIVE, SUNNYVALE CA 94085
James A Kirkland	officer: Vice President	C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
James Joel Langley	officer: Sr. Vice President	935 STEWART DRIVE, SUNNYVALE CA 94085
Thomas W Sweet	director	ONE DELL WAY, ROUND ROCK TX 78682
Sandra Macquillan	director	P.O. BOX 619100, DALLAS TX 75261-9100
Bryn Fosburgh	officer: VP, Geomatics & Engineering	C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Steven W Berglund	officer: President & CEO	C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085