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 $5.7B, which brings its debt-to-equity ratio to 439.2%. Its total assets and total liabilities are $9.0B and $7.7B respectively. Trinity Industries's EBIT is $434.4M making its interest coverage ratio 1.6. It has cash and short-term investments of $272.7M.
Key information
439.2%
Debt to equity ratio
US$5.73b
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$272.70m |
| Equity | US$1.30b |
| Total liabilities | US$7.65b |
| Total assets | US$8.96b |
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 ($679.8M).
Long Term Liabilities: TRN *'s short term assets ($1.4B) do not cover its long term liabilities ($7.0B).
Debt to Equity History and Analysis
Debt Level: TRN *'s net debt to equity ratio (418.3%) is considered high.
Reducing Debt: TRN *'s debt to equity ratio has increased from 183.6% to 439.2% over the past 5 years.
Debt Coverage: TRN *'s debt is not well covered by operating cash flow (7.9%).
Interest Coverage: TRN *'s interest payments on its debt are not well covered by EBIT (1.6x coverage).