Trinity Industries Balance Sheet Health
Financial Health criteria checks 1/6
Trinity Industries has a total shareholder equity of $1.3B and total debt of $5.8B, which brings its debt-to-equity ratio to 451.1%. Its total assets and total liabilities are $8.9B and $7.6B respectively. Trinity Industries's EBIT is $324.5M making its interest coverage ratio 1.2. It has cash and short-term investments of $112.1M.
Key information
451.1%
Debt to equity ratio
US$5.75b
Debt
Interest coverage ratio | 1.2x |
Cash | US$112.10m |
Equity | US$1.28b |
Total liabilities | US$7.63b |
Total assets | US$8.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTA's short term assets ($1.3B) exceed its short term liabilities ($627.7M).
Long Term Liabilities: TTA's short term assets ($1.3B) do not cover its long term liabilities ($7.0B).
Debt to Equity History and Analysis
Debt Level: TTA's net debt to equity ratio (442.3%) is considered high.
Reducing Debt: TTA's debt to equity ratio has increased from 157.8% to 451.1% over the past 5 years.
Debt Coverage: TTA's debt is not well covered by operating cash flow (5.1%).
Interest Coverage: TTA's interest payments on its debt are not well covered by EBIT (1.2x coverage).