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
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 09Recent updates
Here's Why Trinity Industries (NYSE:TRN) Has Caught The Eye Of Investors
Aug 13Is It Too Late To Consider Buying Trinity Industries, Inc. (NYSE:TRN)?
Jun 14We Think The Compensation For Trinity Industries, Inc.'s (NYSE:TRN) CEO Looks About Right
May 14Earnings 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 03Financial 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).