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 $118.8M.
Key information
455.3%
Debt to equity ratio
US$5.87b
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$118.80m |
| Equity | US$1.29b |
| Total liabilities | US$7.79b |
| Total assets | US$9.08b |
Recent financial health updates
Does Trinity Industries (NYSE:TRN) Have A Healthy Balance Sheet?
Apr 18
These 4 Measures Indicate That Trinity Industries (NYSE:TRN) Is Using Debt Extensively
Oct 18Trinity Industries (NYSE:TRN) Seems To Be Using A Lot Of Debt
Jul 02Trinity Industries (NYSE:TRN) Seems To Be Using A Lot Of Debt
Dec 09These 4 Measures Indicate That Trinity Industries (NYSE:TRN) Is Using Debt In A Risky Way
Aug 25Here's Why Trinity Industries (NYSE:TRN) Is Weighed Down By Its Debt Load
May 25Recent updates
Earnings Not Telling The Story For Trinity Industries, Inc. (NYSE:TRN)
May 01Does Trinity Industries (NYSE:TRN) Have A Healthy Balance Sheet?
Apr 18If EPS Growth Is Important To You, Trinity Industries (NYSE:TRN) Presents An Opportunity
Mar 26Trinity Industries, Inc.: Debt Fueled Growth, But Robust Dividend
Jan 18Why We're Not Concerned About Trinity Industries, Inc.'s (NYSE:TRN) Share Price
Jan 04Trinity Industries' (NYSE:TRN) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 13Does Trinity Industries (NYSE:TRN) Deserve A Spot On Your Watchlist?
Oct 30Taking A (Speculative) Position In Trinity Industries
Oct 26These 4 Measures Indicate That Trinity Industries (NYSE:TRN) Is Using Debt Extensively
Oct 18Is Trinity Industries, Inc. (NYSE:TRN) Potentially Undervalued?
Sep 05Trinity Industries Vs. 20-Year Bonds
Aug 28Trinity Industries Q2 Earnings: Rolling Along
Aug 16Trinity Industries (NYSE:TRN) Seems To Be Using A Lot Of Debt
Jul 02Trinity Industries: Paying You Less While Borrowing More
Jun 06Trinity Industries: Ramping Up And Growing Margins
May 31What Is Trinity Industries, Inc.'s (NYSE:TRN) Share Price Doing?
May 24Trinity Industries' (NYSE:TRN) Dividend Will Be Increased To $0.26
Mar 10Trinity Industries Q4 2022 Earnings Preview
Feb 20Should You Investigate Trinity Industries, Inc. (NYSE:TRN) At US$27.96?
Jan 26Taking Trinity Industries Chips Off The Table
Dec 14Trinity Industries (NYSE:TRN) Seems To Be Using A Lot Of Debt
Dec 09Trinity Industries raises quarterly dividend by 13% to $0.26/share
Dec 08Trinity Q3 2022 Earnings Preview
Oct 24Is Trinity Industries, Inc. (NYSE:TRN) Potentially Undervalued?
Oct 17Trinity Industries announces $1.8B multi-Year railcar order
Oct 03Trinity declares $0.23 dividend
Sep 07These 4 Measures Indicate That Trinity Industries (NYSE:TRN) Is Using Debt In A Risky Way
Aug 25There Are Better Options Than Trinity Industries
Aug 17Trinity Non-GAAP EPS of $0.14 misses by $0.03, revenue of $417M misses by $169.57M,raises FY22 earning guidance
Jul 27When Should You Buy Trinity Industries, Inc. (NYSE:TRN)?
Jul 07Here's Why Trinity Industries (NYSE:TRN) Is Weighed Down By Its Debt Load
May 25Continue To Avoid Trinity Industries Inc.
May 09Financial Position Analysis
Short Term Liabilities: TRN's short term assets ($1.4B) exceed its short term liabilities ($664.2M).
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 (446.1%) 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).