Trinity Exploration & Production Financial Health
How is Trinity Exploration & Production's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TRIN's short term assets ($33.4M) exceed its short term liabilities ($20.9M).
Long Term Liabilities: TRIN's short term assets ($33.4M) do not cover its long term liabilities ($58.5M).
Debt to Equity History and Analysis
Debt Level: TRIN has more cash than its total debt.
Reducing Debt: TRIN's debt to equity ratio has reduced from 5.8% to 4.8% over the past 5 years.
Debt Coverage: TRIN's debt is well covered by operating cash flow (442.6%).
Interest Coverage: TRIN's interest payments on its debt are well covered by EBIT (24.3x coverage).