TriNet Group Balance Sheet Health
Financial Health criteria checks 4/6
TriNet Group has a total shareholder equity of $143.0M and total debt of $1.1B, which brings its debt-to-equity ratio to 764.3%. Its total assets and total liabilities are $4.0B and $3.8B respectively. TriNet Group's EBIT is $434.0M making its interest coverage ratio -18.9. It has cash and short-term investments of $383.0M.
Key information
764.3%
Debt to equity ratio
US$1.09b
Debt
Interest coverage ratio | -18.9x |
Cash | US$383.00m |
Equity | US$143.00m |
Total liabilities | US$3.83b |
Total assets | US$3.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TN3's short term assets ($2.8B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: TN3's short term assets ($2.8B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: TN3's net debt to equity ratio (496.5%) is considered high.
Reducing Debt: TN3's debt to equity ratio has increased from 100.2% to 764.3% over the past 5 years.
Debt Coverage: TN3's debt is well covered by operating cash flow (45.7%).
Interest Coverage: TN3 earns more interest than it pays, so coverage of interest payments is not a concern.