Trane Technologies plc company logo
Trane Technologies plc logo

Trane Technologies plc (TT) Quick Ratio

Annual Quick Ratio

0.920.04+4.55%

Summary

Current Value
As of today, TT annual quick ratio is 0.92, up +4.55% on
Historical Performance
TT annual quick ratio is up +19.48% over the past 3 years, down -30.30% over the past 5 years
All-Time High Comparison
TT annual quick ratio is currently -56.60% below its historical high of 2.12 set on
3-Year Low Comparison
TT annual quick ratio is +19.48% above its 3-year low of 0.77 reached on an earlier date
Sector Comparison
TT annual quick ratio is higher than 26.02% of companies in Industrials sector

Quick Ratio Chart

SUGGESTED SERIES

Performance

TT Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio0.92+4.5%+19.5%-30.3%-2.1%
Quarterly Quick Ratio0.760.0%-1.3%-40.2%-32.7%
Price$475.32+10.9%+132.0%+148.6%+2424.1%
Annual Current Assets$7.86B+7.2%+23.3%+13.9%+46.4%
Annual Inventory$2.10B+6.7%+5.5%+76.9%+50.2%
Annual Current Liabilities$6.29B+3.6%+10.6%+44.9%+48.8%
Annual Current Ratio1.25+3.3%+11.6%-21.4%-1.6%
Annual Debt To Equity0.54-25.0%-37.9%-39.3%+17.4%
Piotroski F-Score5-37.5%-28.6%-37.5%-28.6%
Altman Z-Score7.27+6.3%+66.7%+76.0%+332.7%

Quick Ratio Highs

TT Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y0.92at high
5Y1.32N/A-30.3%
All2.12-56.6%

Quick Ratio Lows

TT Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.77N/A+19.5%
5Y0.77+19.5%
All0.58+58.6%

Quick Ratio History

YearValueChange
0.92+4.5%
0.88+12.8%
0.78+1.3%
0.77-26.0%
1.04-21.2%
1.32-13.7%
1.53+62.8%
0.94-1.1%
0.95-18.8%
1.17+33.0%
0.88-26.1%
1.19-11.2%
1.34+54.0%
0.87-10.3%
0.97+3.2%
0.94+3.3%
0.91+31.9%
0.69-67.5%
2.12+175.3%
0.77-20.6%
0.97-21.1%
1.23+48.2%
0.83+7.8%
YearValueChange
0.77+16.7%
0.66+13.8%
0.58-52.5%
1.22+52.5%
0.80+9.6%
0.73-46.3%
1.36+25.9%
1.08-15.0%
1.27+9.5%
1.16+4.5%
1.11-7.5%
1.20+33.3%
0.90-29.1%
1.27-5.2%
1.34+3.1%
1.30+9.2%
1.19+7.2%
1.11-1.8%
1.13-15.0%
1.33+15.7%
1.15+16.2%
0.99-22.0%
1.27-

FAQ

What is the current annual quick ratio of TT?
As of today, TT annual quick ratio is 0.92
What is 1-year change in TT annual quick ratio?
TT annual quick ratio is up +4.55% year-over-year
What is 3-year change in TT annual quick ratio?
TT annual quick ratio is up +19.48% over the past 3 years
How far is TT annual quick ratio from its all-time high?
TT annual quick ratio is currently -56.60% below its historical high of 2.12 set on December 31, 2007
How does TT annual quick ratio rank versus sector peers?
TT annual quick ratio is higher than 26.02% of companies in Industrials sector
When is TT next annual earnings release?
As of today, the next annual earnings release for TT has not been scheduled

Quick Ratio Formula

Data Sources & References

  1. TT Official Website www.tranetechnologies.com
  2. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1466258/000162828026003953/0001628280-26-003953-index.htm
  3. TT Profile on Yahoo Finance finance.yahoo.com/quote/TT
  4. TT Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/tt