Trane Good Will from 2010 to 2024

TT Stock  USD 413.32  4.17  1.00%   
Trane Technologies Good Will yearly trend continues to be comparatively stable with very little volatility. Good Will is likely to outpace its year average in 2024. Good Will is an intangible asset that arises when Trane Technologies plc acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2002-09-30
Previous Quarter
6.1 B
Current Value
6.2 B
Quarterly Volatility
984.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trane Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trane Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 272.8 M, Total Revenue of 10.6 B or Gross Profit of 3.1 B, as well as many indicators such as Price To Sales Ratio of 3.29, Dividend Yield of 0.0242 or PTB Ratio of 8.32. Trane financial statements analysis is a perfect complement when working with Trane Technologies Valuation or Volatility modules.
  
Check out the analysis of Trane Technologies Correlation against competitors.

Latest Trane Technologies' Good Will Growth Pattern

Below is the plot of the Good Will of Trane Technologies plc over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Trane Technologies' Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trane Technologies' overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Trane Good Will Regression Statistics

Arithmetic Mean5,730,035,719
Geometric Mean5,695,588,282
Coefficient Of Variation10.74
Mean Deviation421,953,338
Median5,730,200,000
Standard Deviation615,612,564
Sample Variance378978.8T
Range2.8B
R-Value0.38
Mean Square Error349174T
R-Squared0.14
Significance0.16
Slope52,319,109
Total Sum of Squares5305703.6T

Trane Good Will History

20246.3 B
20236.1 B
20225.5 B
20215.5 B
20205.3 B
20196.8 B
2018B

About Trane Technologies Financial Statements

Trane Technologies shareholders use historical fundamental indicators, such as Good Will, to determine how well the company is positioned to perform in the future. Although Trane Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Trane Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Trane Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Good Will6.1 B6.3 B

Thematic Opportunities

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Additional Tools for Trane Stock Analysis

When running Trane Technologies' price analysis, check to measure Trane Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trane Technologies is operating at the current time. Most of Trane Technologies' value examination focuses on studying past and present price action to predict the probability of Trane Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trane Technologies' price. Additionally, you may evaluate how the addition of Trane Technologies to your portfolios can decrease your overall portfolio volatility.