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Trinity Capital (Trinity Capital) Total Assets : $1,409.7 Mil (As of Mar. 2024)


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What is Trinity Capital Total Assets?

Trinity Capital's Total Assets for the quarter that ended in Mar. 2024 was $1,409.7 Mil.

During the past 12 months, Trinity Capital's average Total Assets Growth Rate was 25.40% per year. During the past 3 years, the average Total Assets Growth Rate was 36.40% per year.

During the past 5 years, Trinity Capital's highest 3-Year average Total Assets Growth Rate was 464.50%. The lowest was 36.40%. And the median was 250.45%.

Total Assets is connected with ROA %. Trinity Capital's annualized ROA % for the quarter that ended in Mar. 2024 was 4.27%. Total Assets is also linked to Revenue through Asset Turnover. Trinity Capital's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.


Trinity Capital Total Assets Historical Data

The historical data trend for Trinity Capital's Total Assets 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 Total Assets Chart

Trinity Capital Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
6.20 559.71 937.12 1,126.44 1,310.98

Trinity Capital Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,123.30 1,189.08 1,150.93 1,310.98 1,409.69

Trinity Capital Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Trinity Capital's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=611.159+699.823
=1,311.0

Trinity Capital's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=626.316+783.376
=1,409.7

* 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.


Trinity Capital  (NAS:TRIN) Total Assets Explanation

Total Assets is connected with ROA %.

Trinity Capital's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=58.032/( (1310.982+1409.692)/ 2 )
=58.032/1360.337
=4.27 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Trinity Capital's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=27.66/( (1310.982+1409.692)/ 2 )
=27.66/1360.337
=0.02

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Trinity Capital Total Assets Related Terms

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Trinity Capital (Trinity Capital) Business Description

Traded in Other Exchanges
Address
1 N. 1st Street, Suite 302, Phoenix, AZ, USA, 85004
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.
Executives
Kyle Steven Brown director, officer: Director, President & CIO C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Richard P Hamada director 2211 S 47TH ST, PHOENIX AZ 85034
Irma Lockridge director C/O TRINITY CAPITAL INC., 1 N. 1ST STREET, 3RD FLOOR, PHOENIX AZ 85004
Ronald E. Estes director C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Steve Louis Brown director, officer: Chairman and CEO (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Ronald Kundich officer: Senior VP (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
David Michael Lund officer: Executive VP (1) 525 UNIVERSITY AVENUE SUITE 700, PALO ALTO CA 94301
Gerald Harder officer: Senior VP (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Michael Zacharia director C/O J. C. PENNEY COMPANY, INC., 6501 LEGACY DRIVE, PLANO TX 75024
Thomas P. Majewski 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Sarah Stanton officer: General Counsel and Secretary C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Scott H Harvey officer: CCO & General Counsel C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Susan Echard officer: CFO, Treasurer & Secretary (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Edmund G. Zito director C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226