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Trinity Exploration & Production Balance Sheet Health
Financial Health criteria checks 2/6
Trinity Exploration & Production has a total shareholder equity of $52.4M and total debt of $3.0M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are $112.1M and $59.8M respectively.
Key information
5.7%
Debt to equity ratio
US$3.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.03m |
| Equity | US$52.38m |
| Total liabilities | US$59.77m |
| Total assets | US$112.14m |
Recent financial health updates
Trinity Exploration & Production (LON:TRIN) Has A Somewhat Strained Balance Sheet
Oct 11
Is Trinity Exploration & Production (LON:TRIN) Using Too Much Debt?
May 28Is Trinity Exploration & Production (LON:TRIN) A Risky Investment?
Dec 08Is Trinity Exploration & Production (LON:TRIN) Using Too Much Debt?
Jun 22Recent updates
Returns Are Gaining Momentum At Trinity Exploration & Production (LON:TRIN)
Mar 01Not Many Are Piling Into Trinity Exploration & Production plc (LON:TRIN) Stock Yet As It Plummets 26%
Dec 26Trinity Exploration & Production (LON:TRIN) Is Looking To Continue Growing Its Returns On Capital
Nov 21Trinity Exploration & Production (LON:TRIN) Has A Somewhat Strained Balance Sheet
Oct 11There's Been No Shortage Of Growth Recently For Trinity Exploration & Production's (LON:TRIN) Returns On Capital
Aug 08Returns At Trinity Exploration & Production (LON:TRIN) Are On The Way Up
Jan 21Here's Why We Think Trinity Exploration & Production (LON:TRIN) Might Deserve Your Attention Today
Oct 08Trinity Exploration & Production's (LON:TRIN) Solid Profits Have Weak Fundamentals
Jun 03Is Trinity Exploration & Production (LON:TRIN) Using Too Much Debt?
May 28Is Trinity Exploration & Production (LON:TRIN) A Risky Investment?
Dec 08Returns Are Gaining Momentum At Trinity Exploration & Production (LON:TRIN)
Oct 19Is Trinity Exploration & Production (LON:TRIN) Using Too Much Debt?
Jun 22Returns At Trinity Exploration & Production (LON:TRIN) Are On The Way Up
May 21Did You Miss Trinity Exploration & Production's (LON:TRIN) Impressive 138% Share Price Gain?
Dec 24
Financial Position Analysis
Short Term Liabilities: TRIN's short term assets ($25.2M) exceed its short term liabilities ($13.4M).
Long Term Liabilities: TRIN's short term assets ($25.2M) do not cover its long term liabilities ($46.4M).
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 increased from 0% to 5.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if TRIN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TRIN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/11/04 08:06 |
| End of Day Share Price | 2024/11/04 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Trinity Exploration & Production plc is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Sam Wahab | Cantor Fitzgerald Europe |
| Darren Engels | FirstEnergy Capital Corp. |
| Brian Gallagher | Investec Bank plc (UK) |