TT (Trane Technologies) Debt-to-Asset : 0.24 (As of Dec. 2024)

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What is Trane Technologies Debt-to-Asset?

Trane Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $452 Mil. Trane Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $4,318 Mil. Trane Technologies's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $20,147 Mil. Trane Technologies's debt to asset for the quarter that ended in Dec. 2024 was 0.24.

Trane Technologies Debt-to-Asset Historical Data

The historical data trend for Trane Technologies's Debt-to-Asset 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.

Trane Technologies Debt-to-Asset Chart

Trane Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

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0.29

0.27

0.25

0.24

Trane Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial															0.25	0.25	0.26	0.25	0.24

Competitive Comparison of Trane Technologies's Debt-to-Asset

For the Building Products & Equipment subindustry, Trane Technologies's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Trane Technologies's Debt-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Trane Technologies's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Trane Technologies's Debt-to-Asset falls into.

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Trane Technologies Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Trane Technologies's Debt-to-Asset for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(452.2	+	4318.1)	/	20146.7
	=	0.24

Trane Technologies's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(452.2	+	4318.1)	/	20146.7
	=	0.24

Trane Technologies (NYSE:TT) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Trane Technologies Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Trane Technologies's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Trane Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trane Technologies PLC (NYSE:TT) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

TT:Mexico 0Y2S:UK 2IS:Germany 2IS:Germany I1RP34:Brazil

Address

170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, IRL

Website

https://www.tranetechnologies.com

Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $20 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 80% of its revenue.

Executives

Mairead Magner	officer: Senior Vice President	800-E BEATY STREET, DAVIDSON NC 28036
Evan M Turtz	officer: Senior Vice President	C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Christopher J Kuehn	officer: Vice President & Controller	800-E BEATY STREET, DAVIDSON NC 28036
David S Regnery	director, officer: Chair and CEO	C/O INTERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Raymond D Pittard	officer: Executive Vice President	800-E BEATY STREET, DAVIDSON NC 28036
Paul A Camuti	officer: Senior Vice President	800-E BEATY STREET, DAVIDSON NC 28036
Keith A Sultana	officer: Senior Vice President	C/O INGERSOLL RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Mark Majocha	officer: VP & Chief Accounting Officer	C/O TRANE TECHNOLOGIES COMPANY LLC, 800-E BEATY STREET, DAVIDSON NC 28036
De Jesus Assis Ana Paula	director	C/O TRANE TECHNOLOGIES COMPANY LLC, 800-E BEATY STREET, DAVIDSON NC 28036
Linda P Hudson	director
John A Hayes	director	C/O BALL CORP, 10 LONGS PEAK DR, BROOMFIELD CO 80021-2510
Melissa N. Schaeffer	director	1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106
Mark R George	director	650 W PEACHTREE ST NW, ATLANTA GA 30308
Marcia J Avedon	officer: Senior Vice President	C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Michael W Lamach	director, officer: President and CEO	C/O INGERSOLL-RAND CO, 800-E BEATY STREET, DAVIDSON NC 28036