What is the debt of TriMas this year?
TriMas has a debt level of 362.97 USD this year.
TriMas Debt 2024
TriMas Debt
362.97 USD
Ticker
TRS
ISIN
US8962152091
WKN
A0MSDG
In 2024, TriMas's total debt was 362.97 USD, a 28.44% change from the 282.6 USD total debt recorded 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.Debt Details
Understanding TriMas's Debt Structure
TriMas's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing TriMas's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to TriMas’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in TriMas’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about TriMas stock
What was the debt of TriMas compared to the previous year?
The debt of TriMas has increased by 28.44% compared to the previous year increased.
What are the consequences of high debt for investors in TriMas?
High debt can pose a risk for investors of TriMas, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of TriMas?
Low debt means that TriMas has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from TriMas affect the company?
An increase in debt of TriMas can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of TriMas affect the company?
A reduction in debt of TriMas can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of TriMas?
Some factors that can influence the debt of TriMas include investments, acquisitions, operating costs, and revenue development.
Why are the debts of TriMas so important for investors?
The debts of TriMas are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can TriMas take to change the debt?
To change the debt, TriMas can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does TriMas pay?
Over the past 12 months, TriMas paid a dividend of . This corresponds to a dividend yield of about . 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 .
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.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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.
