Triton International Balance Sheet Health
Financial Health criteria checks 3/6
Triton International has a total shareholder equity of $3.3B and total debt of $7.6B, which brings its debt-to-equity ratio to 233.3%. Its total assets and total liabilities are $11.7B and $8.4B respectively. Triton International's EBIT is $949.7M making its interest coverage ratio 4.1. It has cash and short-term investments of $178.9M.
Key information
233.3%
Debt to equity ratio
US$7.63b
Debt
| Interest coverage ratio | 4.1x |
| Cash | US$178.93m |
| Equity | US$3.27b |
| Total liabilities | US$8.44b |
| Total assets | US$11.71b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TR7's short term assets ($2.3B) exceed its short term liabilities ($134.0M).
Long Term Liabilities: TR7's short term assets ($2.3B) do not cover its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: TR7's net debt to equity ratio (227.8%) is considered high.
Reducing Debt: TR7's debt to equity ratio has reduced from 312.2% to 233.3% over the past 5 years.
Debt Coverage: TR7's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: TR7's interest payments on its debt are well covered by EBIT (4.1x coverage).