TriNet Financials

TNET Stock  USD 92.93  1.13  1.20%   
Based on the key indicators related to TriNet's liquidity, profitability, solvency, and operating efficiency, TriNet Group may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, TriNet's Net Tangible Assets are comparatively stable compared to the past year. Short and Long Term Debt is likely to gain to about 131.6 M in 2024, despite the fact that Other Current Liabilities is likely to grow to (601.4 M). Key indicators impacting TriNet's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.080.0762
Sufficiently Up
Slightly volatile
Return On Assets0.110.1015
Significantly Up
Slightly volatile
Operating Income250.9 M469 M
Way Down
Slightly volatile
Current Ratio0.91.0467
Fairly Down
Pretty Stable
The essential information of the day-to-day investment outlook for TriNet includes many different criteria found on its balance sheet. An individual investor should monitor TriNet's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in TriNet.

Net Income

393.75 Million

  
Understanding current and past TriNet Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of TriNet's financial statements are interrelated, with each one affecting the others. For example, an increase in TriNet's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in TriNet's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of TriNet Group. Check TriNet's Beneish M Score to see the likelihood of TriNet's management manipulating its earnings.

TriNet Stock Summary

TriNet competes with ManpowerGroup, Kforce, Kelly Services, Heidrick Struggles, and BG Staffing. TriNet Group, Inc. provides human resources solutions, payroll services, employee benefits, and employment risk mitigation services for small and midsize businesses in the United States. TriNet Group, Inc. was incorporated in 1988 and is headquartered in Dublin, California. Trinet operates under Staffing Employment Services classification in the United States and is traded on New York Stock Exchange. It employs 3500 people.
Specialization
Industrials, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8962881079
CUSIP896288107
LocationCalifornia; U.S.A
Business AddressOne Park Place,
SectorProfessional Services
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.trinet.com
Phone510 352 5000
CurrencyUSD - US Dollar

TriNet Key Financial Ratios

TriNet Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets2.7B3.0B3.3B3.4B3.7B2.8B
Other Current Liab1.5B692M702M773M(633M)(601.4M)
Other Liab213M169M153M143M164.5M177.3M
Net Debt243M129M(65M)198M850M892.5M
Retained Earnings(219M)(144M)74M(119M)(896M)(851.2M)
Accounts Payable31M50M86M98M87M46.0M
Cash213M301M612M354M287M272.6M
Other Assets308M492M281M286M328.9M234.3M
Long Term Debt369M348M495M496M984M547.9M
Other Current Assets64M1.5B1.4B1.5B1.8B1.2B
Total Liab2.3B2.4B2.4B2.7B3.6B2.5B
Total Current Assets1.9B2.2B2.4B2.3B2.6B2.0B
Short Term Debt22M39M33M30M123M129.2M
Intangible Assets15M18M6M163M172M180.6M
Common Stock694M747M808M899M976M647.4M
Net Tangible Assets171M295M581M150M172.5M181.1M
Long Term Debt Total369M348M495M496M446.4M346.1M
Inventory1.2B1.5B1.3B1.3B(1.3B)(1.2B)

TriNet Key Income Statement Accounts

The reason investors look at the income statement is to determine what TriNet's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense20M22M21M39M40M28.2M
Total Revenue3.9B4.0B4.5B4.9B4.9B3.4B
Gross Profit684M793M937M1.1B1.0B651.1M
Operating Income268M368M455M499M469M250.9M
Ebit268M399M461M521M541M568.1M
Research Development43M40M50M73M65M42.5M
Ebitda348M446M520M610M662M695.1M
Cost Of Revenue3.2B3.2B3.6B3.8B3.9B2.8B
Income Before Tax270M357M441M482M501M526.1M
Net Income212M272M338M355M375M393.8M
Income Tax Expense58M85M103M127M126M132.3M
Tax Provision58M85M103M127M124M78.1M
Interest Income23M10M6M22M71M74.6M
Net Interest Income2M(11M)(14M)(17M)42M44.1M

TriNet Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash107M187M95M(201M)(71M)(67.5M)
Free Cash Flow426M510M178M506M470M493.5M
Depreciation57M81M94M126M121M72.9M
Other Non Cash Items15M4M5M29M7M6.7M
Capital Expenditures45M36M40M56M75M78.8M
Net Income212M272M338M355M375M393.8M
End Period Cash Flow1.5B1.6B1.7B1.5B1.5B863.0M
Change To Inventory175M93M(254M)51M40M42M
Investments(143M)(103M)(95M)59M(78M)(74.1M)
Net Borrowings(38M)(16M)(22M)123M141.5M148.5M
Change To Netincome34M1M41M66M75.9M38.5M

TriNet Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining TriNet's current stock value. Our valuation model uses many indicators to compare TriNet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TriNet competition to find correlations between indicators driving TriNet's intrinsic value. More Info.
TriNet Group is currently regarded as top stock in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about  0.17  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TriNet Group is roughly  5.79 . At this time, TriNet's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value TriNet by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

TriNet Group Systematic Risk

TriNet's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TriNet volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Execute Function
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on TriNet Group correlated with the market. If Beta is less than 0 TriNet generally moves in the opposite direction as compared to the market. If TriNet Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TriNet Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TriNet is generally in the same direction as the market. If Beta > 1 TriNet moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in TriNet Stock are looking for potential investment opportunities by analyzing not only static indicators but also various TriNet's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of TriNet growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.54

At this time, TriNet's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

TriNet November 27, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of TriNet help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TriNet Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of TriNet Group based on widely used predictive technical indicators. In general, we focus on analyzing TriNet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TriNet's daily price indicators and compare them against related drivers.

Additional Tools for TriNet Stock Analysis

When running TriNet's price analysis, check to measure TriNet's 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 TriNet is operating at the current time. Most of TriNet's value examination focuses on studying past and present price action to predict the probability of TriNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriNet's price. Additionally, you may evaluate how the addition of TriNet to your portfolios can decrease your overall portfolio volatility.