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 $5.9B, which brings its debt-to-equity ratio to 455.3%. Its total assets and total liabilities are $9.1B and $7.8B respectively. Trinity Industries's EBIT is $383.6M making its interest coverage ratio 1.4. It has cash and short-term investments of $135.4M.
Key information
455.3%
Debt to equity ratio
US$5.87b
Debt
Interest coverage ratio | 1.4x |
Cash | US$135.40m |
Equity | US$1.29b |
Total liabilities | US$7.79b |
Total assets | US$9.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRN *'s short term assets ($1.4B) exceed its short term liabilities ($679.9M).
Long Term Liabilities: TRN *'s short term assets ($1.4B) do not cover its long term liabilities ($7.1B).
Debt to Equity History and Analysis
Debt Level: TRN *'s net debt to equity ratio (444.8%) is considered high.
Reducing Debt: TRN *'s debt to equity ratio has increased from 174.9% to 455.3% over the past 5 years.
Debt Coverage: TRN *'s debt is not well covered by operating cash flow (4.2%).
Interest Coverage: TRN *'s interest payments on its debt are not well covered by EBIT (1.4x coverage).