Trinity Capital Balance Sheet Health
Financial Health criteria checks 0/6
Trinity Capital has a total shareholder equity of $611.2M and total debt of $639.6M, which brings its debt-to-equity ratio to 104.7%. Its total assets and total liabilities are $1.3B and $699.8M respectively. Trinity Capital's EBIT is $129.7M making its interest coverage ratio 2.9. It has cash and short-term investments of $4.8M.
Key information
104.7%
Debt to equity ratio
US$639.61m
Debt
Interest coverage ratio | 2.9x |
Cash | US$4.76m |
Equity | US$611.16m |
Total liabilities | US$699.82m |
Total assets | US$1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9F7's short term assets ($19.2M) do not cover its short term liabilities ($43.4M).
Long Term Liabilities: 9F7's short term assets ($19.2M) do not cover its long term liabilities ($656.4M).
Debt to Equity History and Analysis
Debt Level: 9F7's net debt to equity ratio (103.9%) is considered high.
Reducing Debt: Insufficient data to determine if 9F7's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 9F7's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9F7's interest payments on its debt are not well covered by EBIT (2.9x coverage).