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Trinseo PLC
Previous close
$3.46
Day range
$3.47 - $3.65
Year range
$1.94 - $8.83
Market cap
125.68M USD
Avg Volume
329.13K
P/E ratio
-
Dividend yield
1.13%
Primary exchange
NYSE
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 867.70M | -1.29% |
Operating expense | 66.60M | 7.42% |
Net income | -87.30M | -127.34% |
Net profit margin | -10.06 | -130.21% |
Earnings per share | -1.62 | -57.28% |
EBITDA | 62.30M | 456.25% |
Effective tax rate | -4.05% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 165.30M | -40.67% |
Total assets | 2.88B | -11.87% |
Total liabilities | 3.36B | 2.13% |
Total equity | -480.00M | — |
Shares outstanding | 35.40M | — |
Price to book | -0.26 | — |
Return on assets | 1.22% | — |
Return on capital | 1.78% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | -87.30M | -127.34% |
Cash from operations | 8.80M | -69.97% |
Cash from investing | -12.20M | -654.55% |
Cash from financing | 60.50M | 466.67% |
Net change in cash | 59.70M | 556.04% |
Free cash flow | 5.16M | -39.88% |
About
Trinseo is a company focusing particularly on the manufacture of plastics and latex binders. Trinseo was part of the Dow Chemical Company until Dow grouped several of its businesses for potential sale in 2009. In 2010, under the name Styron, those holdings were sold to private equity firm Bain Capital for $1.63 billion. As of 2016, Bain sold all of its stock in Trinseo, grossing $1.69 billion for 37,269,567 shares, resulting in Trinseo's “full independence as a public company.”
The company offers a broad line of plastics and latex binders, which are used primarily in the automotive, appliances, electronics, packaging, paper & board, textiles and carpet industries, among others. Trinseo materials are used widely in cars and trucks, home appliances, consumer goods, electronics, electrical & lighting, building & construction, medical supplies, and packaging.
As of June 12, 2014, Trinseo is listed on the New York Stock Exchange as NYSE: TSE. As of March 4, 2019, Frank Bozich became the President and CEO, succeeding Christopher D. Pappas. Wikipedia
Founded
Jun 2010
Website
Employees
2,945