What is the level of liabilities of TriMas this year?
TriMas has a debt balance of 658.71 M USD this year.
TriMas Liabilities 2024
TriMas Liabilities
658.71 M USD
Ticker
TRS
ISIN
US8962152091
WKN
A0MSDG
In 2024, TriMas's total liabilities amounted to 658.71 M USD, a 0.84% difference from the 653.2 M USD total liabilities in the previous year.
TriMas Aktienanalyse
What does TriMas do?
The TriMas Corporation is a globally operating company specialized in manufacturing high-quality products and solutions for various industries. It was founded in 1986 as a subsidiary of Masco Corporation and became its independent entity in 2006. TriMas focuses on delivering innovative products and solutions that meet the requirements and expectations of its customers, while prioritizing quality, performance, and reliability. The company also emphasizes sustainability and adopts an environmentally conscious approach in its production processes. TriMas operates in four divisions: Aerospace, Packaging, Specialty Products, and Energy. The Aerospace division manufactures advanced components and systems for the aviation sector, serving renowned aircraft and engine manufacturers worldwide. The Packaging division produces packaging solutions for various industries such as food, pharmaceuticals, and industrial applications. The Specialty Products division offers a wide range of technical solutions for different applications, including fastening systems, conduits, and valves. The Energy division produces components and systems for the oil and gas industry, such as pumps, valves, piping systems, and pressure vessels. TriMas offers a diverse range of products that are utilized by users in various industries. These include valves, seals, screws, sleeves, brake systems, and more. The exceptional quality and reliability of its products have enabled TriMas to continually strengthen its position in the global market, with its products being utilized in over 80 countries worldwide. In summary, TriMas Corporation is a globally leading company in the production of high-quality products and solutions for various industrial applications. From aviation to oil and gas, TriMas provides the perfect solutions for the demanding requirements and applications of today. With a wide range of products, deep technological expertise, and a sustainable approach, TriMas consistently delivers the best to its customers, ensuring its continued success in the market. TriMas ist eines der beliebtesten Unternehmen auf Eulerpool.com.Liabilities Details
Assessing TriMas's Liabilities
TriMas's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating TriMas's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing TriMas's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
TriMas's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in TriMas’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about TriMas stock
What were the liabilities of TriMas compared to the previous year?
The liabilities of TriMas have increased by 0.84% increased compared to the previous year.
What are the consequences of high debt for investors of TriMas?
High liabilities can pose a risk for investors of TriMas, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in TriMas?
Low liabilities mean that TriMas has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of TriMas affect the company?
An increase in liabilities of TriMas can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of TriMas affect the company?
A decrease in the liabilities of TriMas can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of TriMas?
Some factors that can influence the liabilities of TriMas include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of TriMas so important for investors?
The liabilities of TriMas are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can TriMas take to modify the liabilities?
To change its liabilities, TriMas can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
How much dividend does TriMas pay?
Over the past 12 months, TriMas paid a dividend of 0.16 USD . This corresponds to a dividend yield of about 0.65 %. For the coming 12 months, TriMas is expected to pay a dividend of 0.17 USD.
What is the dividend yield of TriMas?
The current dividend yield of TriMas is 0.65 %.
When does TriMas pay dividends?
TriMas pays a quarterly dividend. This is distributed in the months of December, March, June, September.
How secure is the dividend of TriMas?
TriMas paid dividends every year for the past 5 years.
What is the dividend of TriMas?
For the upcoming 12 months, dividends amounting to 0.17 USD are expected. This corresponds to a dividend yield of 0.72 %.
In which sector is TriMas located?
TriMas is assigned to the 'Industry' sector.
Wann musste ich die Aktien von TriMas kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of TriMas from 8/13/2024 amounting to 0.04 USD, you needed to have the stock in your portfolio before the ex-date on 8/6/2024.
When did TriMas pay the last dividend?
The last dividend was paid out on 8/13/2024.
What was the dividend of TriMas in the year 2023?
In the year 2023, TriMas distributed 0.16 USD as dividends.
In which currency does TriMas pay out the dividend?
The dividends of TriMas are distributed in USD.
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Andere Kennzahlen von TriMas
Our stock analysis for TriMas Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TriMas Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
