Trinity Capital (STU:9F7) Debt-to-Equity : 1.16 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Trinity Capital Debt-to-Equity?

Trinity Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil. Trinity Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €671.0 Mil. Trinity Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €576.2 Mil. Trinity Capital's debt to equity for the quarter that ended in Mar. 2024 was 1.16.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Trinity Capital's Debt-to-Equity or its related term are showing as below:

STU:9F7' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 1.16 Max: 1.36
Current: 1.16

During the past 5 years, the highest Debt-to-Equity Ratio of Trinity Capital was 1.36. The lowest was 0.58. And the median was 1.16.

STU:9F7's Debt-to-Equity is ranked worse than
89.15% of 1014 companies
in the Asset Management industry
Industry Median: 0.19 vs STU:9F7: 1.16

Trinity Capital Debt-to-Equity Historical Data

The historical data trend for Trinity Capital's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Trinity Capital Debt-to-Equity Chart

Trinity Capital Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.26

1.02

1.33

1.05

Trinity Capital Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												1.29	1.36	0.92	1.05	1.16

Competitive Comparison of Trinity Capital's Debt-to-Equity

For the Asset Management subindustry, Trinity Capital's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Trinity Capital's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Trinity Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Trinity Capital's Debt-to-Equity falls into.

Trinity Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trinity Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	586.526)	/	560.433
	=	1.05

Trinity Capital's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	670.96)	/	576.211
	=	1.16

Trinity Capital (STU:9F7) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Trinity Capital Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Trinity Capital's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Trinity Capital (STU:9F7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Trinity Capital Inc (STU:9F7) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TRIN:USA

Address

1 N. 1st Street, Suite 302, Phoenix, AZ, USA, 85004

Website

https://www.trinitycap.com

Trinity Capital Inc is a closed-end, non-diversified management investment company. The company is engaged in providing debt, including loans and equipment financings, to growth-stage companies, including venture-backed companies and companies with institutional equity investors. Its equipment financings involve loans for general or specific use, including acquiring equipment, secured by the equipment or other assets of the portfolio company.

Trinity Capital (STU:9F7) Headlines

No Headlines