TRANE TECHNOLOGIES PLC (TT) Quick Ratio
- Quick ratio · latest quarter: Value (m); Formula and calculation Cash, cash equivalents, current marketable securities and trade receivables / current liabilities. Period ending 2026-06-30..
Quick ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Quick ratio · latest quarter | (m) | Cash, cash equivalents, current marketable securities and trade receivables / current liabilities. Period ending 2026-06-30. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Cash, securities and trade receivables | (m) | Cash and Cash Equivalents, at Carrying Value · Available-for-sale Securities, Current |
| Current obligations | 8.39B USD | Liabilities, Current |
| Cash and equivalents | (m) | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | Available-for-sale Securities, Current |
| Customer receivables | (m) | |
| Inventory · excluded from quick assets | 2.62B USD | Inventory, Net |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Cash, securities and trade receivables (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory · excluded from quick assets (USD) | Quick ratio |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | (m) | $8.39B | (m) | (m) | (m) | $2.62B | (m) |
| 2026-03-31 | (m) | $7.31B | (m) | (m) | (m) | $2.40B | (m) |
| 2025-12-31 | (m) | $6.29B | $1.76B | (m) | (m) | $2.10B | (m) |
| 2025-09-30 | (m) | $6.52B | (m) | (m) | (m) | $2.36B | (m) |
| 2025-06-30 | (m) | $6.80B | (m) | (m) | (m) | $2.36B | (m) |
| 2025-03-31 | (m) | $6.37B | (m) | (m) | (m) | $2.22B | (m) |
| 2024-12-31 | (m) | $6.07B | $1.59B | (m) | (m) | $1.97B | (m) |
| 2024-09-30 | (m) | $6.63B | (m) | (m) | (m) | $2.03B | (m) |
| 2024-06-30 | (m) | $6.59B | (m) | (m) | (m) | $2.20B | (m) |
| 2024-03-31 | (m) | $6.10B | (m) | (m) | (m) | $2.38B | (m) |
| 2023-12-31 | (m) | $6.05B | $1.10B | (m) | (m) | $2.15B | (m) |
| 2023-09-30 | (m) | $5.21B | (m) | (m) | (m) | $2.19B | (m) |
| 2023-06-30 | (m) | $5.59B | (m) | (m) | (m) | $2.36B | (m) |
| 2023-03-31 | (m) | $4.83B | (m) | (m) | (m) | $2.34B | (m) |
| 2022-12-31 | (m) | $5.69B | $1.22B | (m) | (m) | $1.99B | (m) |
| 2022-09-30 | (m) | $5.55B | (m) | (m) | (m) | $1.95B | (m) |
| 2022-06-30 | (m) | $5.63B | (m) | (m) | (m) | $1.89B | (m) |
| 2022-03-31 | (m) | $4.59B | (m) | (m) | (m) | $1.87B | (m) |
| 2021-12-31 | (m) | $4.75B | $2.16B | (m) | (m) | $1.53B | (m) |
| 2021-09-30 | (m) | $4.31B | $2.74B | (m) | (m) | $1.48B | (m) |
| 2021-06-30 | (m) | $4.51B | $2.91B | (m) | (m) | $1.39B | (m) |
| 2021-03-31 | (m) | $4.17B | $2.84B | (m) | (m) | $1.37B | (m) |
| 2020-12-31 | (m) | $4.34B | $3.29B | (m) | (m) | $1.19B | (m) |
| 2020-09-30 | (m) | $4.17B | $3.19B | (m) | (m) | $1.23B | (m) |
| 2020-06-30 | (m) | $3.83B | $2.37B | (m) | (m) | $1.35B | (m) |
| 2020-03-31 | (m) | $4.24B | $2.65B | (m) | (m) | $1.46B | (m) |
| 2019-12-31 | (m) | $4.86B | $1.30B | (m) | (m) | $1.71B | (m) |
| 2019-09-30 | (m) | $4.78B | $830.90M | (m) | (m) | $1.89B | (m) |
| 2019-06-30 | (m) | $5.18B | $875.60M | (m) | (m) | $1.95B | (m) |
| 2019-03-31 | (m) | $4.49B | $1.91B | (m) | (m) | $1.98B | (m) |
| 2018-12-31 | (m) | $4.32B | $903.40M | (m) | (m) | $1.68B | (m) |
| 2018-09-30 | (m) | $4.32B | $1.02B | (m) | (m) | $1.82B | (m) |
| 2018-06-30 | (m) | $4.75B | $969.50M | (m) | (m) | $1.73B | (m) |
| 2018-03-31 | (m) | $4.32B | $1.18B | (m) | (m) | $1.78B | (m) |
| 2017-12-31 | (m) | $4.83B | $1.55B | (m) | (m) | $1.56B | (m) |
| 2017-09-30 | (m) | $4.69B | $1.26B | (m) | (m) | $1.66B | (m) |
| 2017-06-30 | (m) | $3.90B | $1.31B | (m) | (m) | $1.60B | (m) |
| 2017-03-31 | (m) | $3.53B | $1.32B | (m) | (m) | $1.60B | (m) |
| 2016-12-31 | (m) | $3.59B | $1.71B | (m) | (m) | $1.39B | (m) |
| 2016-09-30 | (m) | $3.70B | $1.50B | (m) | (m) | $1.56B | (m) |
| 2016-06-30 | (m) | $3.77B | $928.80M | (m) | (m) | $1.60B | (m) |
| 2016-03-31 | (m) | $3.93B | $612.90M | (m) | (m) | $1.61B | (m) |
| 2015-12-31 | (m) | $3.65B | $736.80M | (m) | (m) | $1.41B | (m) |
| 2015-09-30 | (m) | $4.54B | $651.50M | (m) | (m) | $1.58B | (m) |
| 2015-06-30 | (m) | $4.46B | $779.60M | (m) | (m) | $1.63B | (m) |
| 2015-03-31 | (m) | $3.98B | $733.90M | (m) | (m) | $1.61B | (m) |
| 2014-12-31 | (m) | $3.67B | $1.71B | (m) | (m) | $1.36B | (m) |
| 2014-09-30 | (m) | $4.13B | $936.70M | (m) | (m) | $1.42B | (m) |
| 2014-06-30 | (m) | $4.25B | $929.80M | (m) | (m) | $1.39B | (m) |
| 2014-03-31 | (m) | $3.40B | $897.90M | (m) | (m) | $1.35B | (m) |
| 2013-12-31 | (m) | $3.41B | $1.94B | (m) | (m) | $1.17B | (m) |
| 2013-09-30 | (m) | $3.85B | $1.08B | (m) | (m) | $1.45B | (m) |
| 2013-06-30 | (m) | $5.15B | $2.20B | (m) | (m) | $1.44B | (m) |
| 2013-03-31 | (m) | $4.17B | $832.90M | (m) | (m) | $1.47B | (m) |
| 2012-12-31 | (m) | $4.16B | $882.10M | (m) | (m) | $1.31B | (m) |
| 2012-09-30 | (m) | $4.33B | $929.60M | (m) | (m) | $1.46B | (m) |
| 2012-06-30 | (m) | $3.91B | $903.40M | (m) | (m) | $1.48B | (m) |
| 2012-03-31 | (m) | $4.10B | $1.09B | (m) | (m) | $1.43B | (m) |
| 2011-12-31 | (m) | $4.12B | $1.16B | (m) | (m) | $1.28B | (m) |
| 2011-09-30 | (m) | $4.33B | $1.40B | (m) | (m) | $1.51B | (m) |
| 2011-06-30 | (m) | $4.61B | $1.26B | (m) | (m) | $1.59B | (m) |
| 2011-03-31 | (m) | $4.35B | $918.10M | $14.60M | (m) | $1.58B | (m) |
| 2010-12-31 | (m) | $4.22B | $1.01B | $15.50M | (m) | $1.40B | (m) |
| 2010-09-30 | (m) | $4.34B | $810.70M | $12.00M | (m) | $1.54B | (m) |
| 2010-06-30 | (m) | $4.88B | $821.60M | $11.00M | (m) | $1.43B | (m) |
| 2010-03-31 | (m) | $4.21B | $599.10M | (m) | (m) | $1.36B | (m) |
| 2009-12-31 | (m) | $3.98B | $876.70M | (m) | (m) | $1.19B | (m) |
| 2009-09-30 | (m) | $4.03B | $743.90M | (m) | (m) | $1.30B | (m) |
| 2009-06-30 | (m) | $4.37B | $792.90M | (m) | (m) | $1.36B | (m) |
| 2009-03-31 | (m) | (m) | $493.60M | (m) | (m) | (m) | (m) |
| 2008-12-31 | (m) | $5.51B | $550.20M | (m) | (m) | $1.62B | (m) |
| 2008-09-30 | (m) | (m) | $741.50M | (m) | (m) | (m) | (m) |
| 2008-06-30 | (m) | (m) | $787.30M | (m) | (m) | (m) | (m) |
| 2007-12-31 | (m) | (m) | $4.74B | (m) | (m) | (m) | (m) |
| 2006-12-31 | (m) | (m) | $355.80M | (m) | (m) | (m) | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.