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Trinity Capital Inc. - 7.875% Notes Due 2029 (TRINI) Financials

$25.30 -0.05 (-0.20%)
As of 03:20 PM Eastern
Annual Income Statements for Trinity Capital Inc. - 7.875% Notes Due 2029

Annual Income Statements for Trinity Capital Inc. - 7.875% Notes Due 2029

This table shows Trinity Capital Inc. - 7.875% Notes Due 2029's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Net Income / (Loss) Attributable to Common Shareholders		 113 69 -10 132 -6.11
Consolidated Net Income / (Loss)		 116 77 -10 132 -6.11
Net Income / (Loss) Continuing Operations		 113 69 -10 132 -6.11
Total Pre-Tax Income 		113 69 -10 52 -6.11
Total Revenue		 355 251 0.00 89 34
Net Interest Income / (Expense)		 116 90 0.00 77 23
Total Interest Income		 116 90 0.00 77 55
Investment Securities Interest Income		 116 90 - 77 43
Total Interest Expense		 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income		 239 161 0.00 13 -9.40
Other Service Charges		 11 7.02 - - -
Net Realized & Unrealized Capital Gains on Investments		 228 154 - 13 -9.40
Total Non-Interest Expense		 241 181 10 38 40
Salaries and Employee Benefits		 44 33 - 16 10
Other Operating Expenses		 78 59 10 1.68 14
Other Special Charges		 120 89 - 20 -
Basic Earnings per Share		 $2.19 $1.98 - $5.09 ($0.34)
Weighted Average Basic Shares Outstanding		 52.71M 38.91M 31.67M 25.98M 18.09M
Diluted Earnings per Share		 $2.10 $1.89 - $4.64 ($0.34)
Weighted Average Diluted Shares Outstanding		 56.73M 42.71M 31.67M 29.32M 18.09M
Weighted Average Basic & Diluted Shares Outstanding		 62.83M 46.44M 31.67M - -

Quarterly Income Statements for Trinity Capital Inc. - 7.875% Notes Due 2029

This table shows Trinity Capital Inc. - 7.875% Notes Due 2029's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 24 49 22 28 15 13 15 18 22 19 -12
Consolidated Net Income / (Loss)		 27 46 24 31 15 18 17 20 22 19 -12
Net Income / (Loss) Continuing Operations		 24 49 22 28 15 13 15 18 22 19 -12
Total Pre-Tax Income 		27 57 13 17 27 36 20 -6.03 19 19 -12
Total Revenue		 61 212 45 45 52 149 43 18 41 -25 8.06
Net Interest Income / (Expense)		 63 -45 59 52 50 -41 45 45 41 -50 19
Total Interest Income		 63 -45 59 52 50 -41 45 45 41 -101 39
Investment Securities Interest Income		 63 -45 59 52 50 -41 45 45 41 - 8.66
Total Interest Expense		 0.00 - 0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Non-Interest Income		 -2.15 258 -14 -6.49 1.35 190 -1.87 -27 -0.37 -42 -0.60
Net Realized & Unrealized Capital Gains on Investments		 -2.15 247 -14 -6.49 1.35 183 -1.87 -27 -0.37 - -0.60
Total Non-Interest Expense		 33 156 33 28 25 113 23 24 22 -44 20
Salaries and Employee Benefits		 11 12 12 9.94 9.86 8.43 8.69 8.35 7.62 - 7.32
Other Operating Expenses		 5.11 67 4.14 4.07 3.09 49 3.56 3.61 2.96 -23 13
Other Special Charges		 18 77 17 14 12 56 11 12 11 - -
Other Gains / (Losses), net		 -3.14 - 8.92 11 -12 - -4.72 24 3.52 - -
Basic Earnings per Share		 $0.43 $0.82 $0.45 $0.61 $0.31 $0.37 $0.42 $0.55 $0.64 - ($0.36)
Weighted Average Basic Shares Outstanding		 62.56M 52.71M 54.41M 50.16M 46.75M 38.91M 40.12M 36.02M 35.07M 31.67M 33.10M
Diluted Earnings per Share		 $0.43 $0.78 $0.43 $0.59 $0.30 $0.37 $0.40 $0.52 $0.60 - ($0.36)
Weighted Average Diluted Shares Outstanding		 62.56M 56.73M 58.37M 54.06M 50.60M 42.71M 43.85M 39.69M 38.74M 31.67M 36.54M
Weighted Average Basic & Diluted Shares Outstanding		 64.65M 62.83M 58.91M 53.37M 49.48M 46.44M 43.63M 36.76M 35.97M 31.67M 35.17M

Annual Cash Flow Statements for Trinity Capital Inc. - 7.875% Notes Due 2029

This table details how cash moves in and out of Trinity Capital Inc. - 7.875% Notes Due 2029's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Net Change in Cash & Equivalents		 4.87 -5.85 -36 -14 61
Net Cash From Operating Activities		 -317 -96 -236 -242 -58
Net Cash From Continuing Operating Activities		 -317 -96 -236 -242 -58
Net Income / (Loss) Continuing Operations		 116 77 -30 132 -6.11
Consolidated Net Income / (Loss)		 116 77 -30 132 -6.11
Amortization Expense		 -34 -29 -28 -17 -8.71
Non-Cash Adjustments to Reconcile Net Income		 -400 -139 -183 -358 -49
Changes in Operating Assets and Liabilities, net		 1.95 -5.46 5.69 0.73 6.04
Net Cash From Investing Activities		 -0.42 -2.74 -0.19 -1.20 -92
Net Cash From Continuing Investing Activities		 -0.42 -2.74 -0.19 -1.20 -92
Purchase of Investment Securities		 -0.42 -2.74 -0.19 -1.20 -92
Net Cash From Financing Activities		 322 93 200 229 211
Net Cash From Continuing Financing Activities		 322 93 200 229 211
Issuance of Debt		 1,188 420 380 377 204
Issuance of Common Equity		 200 150 113 105 125
Repayment of Debt		 -959 -395 -230 -228 -97
Repurchase of Common Equity		 0.00 -1.00 -2.01 0.00 0.00
Payment of Dividends		 -103 -79 -61 -25 -10
Other Financing Activities, Net		 -3.73 -2.82 -1.03 -0.14 -11
Cash Interest Paid		 55 40 29 14 13
Cash Income Taxes Paid		 2.60 2.30 0.28 0.00 0.00

Quarterly Cash Flow Statements for Trinity Capital Inc. - 7.875% Notes Due 2029

This table details how cash moves in and out of Trinity Capital Inc. - 7.875% Notes Due 2029's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 -1.24 1.09 -38 34 7.21 -2.47 -5.04 3.92 -2.27 -24 21
Net Cash From Operating Activities		 -63 18 -232 -22 -81 -136 55 -36 21 -51 11
Net Cash From Continuing Operating Activities		 -63 18 -232 -22 -81 -136 55 -36 21 -51 11
Net Income / (Loss) Continuing Operations		 27 46 24 31 15 18 17 20 22 -1.59 -12
Consolidated Net Income / (Loss)		 27 46 24 31 15 18 17 20 22 -1.59 -12
Amortization Expense		 -9.77 -12 -8.76 -7.10 -6.10 -7.98 -7.73 -7.35 -5.61 -7.46 -7.11
Non-Cash Adjustments to Reconcile Net Income		 -53 -22 -249 -50 -79 -147 43 -46 11 -42 19
Changes in Operating Assets and Liabilities, net		 -27 7.25 1.34 4.11 -11 1.11 3.79 -2.91 -7.45 0.27 11
Net Cash From Investing Activities		 -0.11 -0.14 -0.13 -0.13 -0.03 -0.53 -0.75 -1.13 -0.34 -0.09 -0.13
Net Cash From Continuing Investing Activities		 -0.11 -0.14 -0.13 -0.13 -0.03 -0.53 -0.75 -1.13 -0.34 -0.09 -0.13
Purchase of Investment Securities		 -0.11 -0.14 -0.13 -0.13 -0.03 -0.53 -0.75 -1.13 -0.34 -0.09 -0.13
Net Cash From Financing Activities		 62 -17 195 56 89 134 -60 41 -23 27 10
Net Cash From Continuing Financing Activities		 62 -17 195 56 89 134 -60 41 -23 27 10
Issuance of Debt		 401 299 437 192 260 205 68 93 54 62 135
Issuance of Common Equity		 30 50 79 47 24 45 92 9.54 4.05 - 55
Repayment of Debt		 -337 -336 -295 -157 -171 -92 -200 -45 -58 -12 -163
Repurchase of Common Equity		 0.00 - - - 0.00 - - - -1.00 -2.01 0.38
Payment of Dividends		 -31 -29 -26 -24 -23 -23 -19 -16 -21 -20 -40
Other Financing Activities, Net		 -1.70 -0.55 -0.80 -0.80 -1.58 -0.64 -0.60 -0.53 -1.05 -0.26 23
Cash Interest Paid		 14 32 1.97 11 10 9.15 10 11 9.58 8.89 7.88
Cash Income Taxes Paid		 2.72 0.00 0.08 - 2.52 - - - 2.30 -0.03 -

Annual Balance Sheets for Trinity Capital Inc. - 7.875% Notes Due 2029

This table presents Trinity Capital Inc. - 7.875% Notes Due 2029's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021
Total Assets		 1,774 1,311 1,126 1,704
Cash and Due from Banks		 9.63 4.76 11 -
Trading Account Securities		 1,727 1,298 - -
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00
Deferred Acquisition Cost		 6.59 2.14 2.90 -
Other Assets		 32 29 1,117 1,704
Total Liabilities & Shareholders' Equity		 1,774 1,311 1,126 -182,069
Total Liabilities		 951 700 667 -182,069
Non-Interest Bearing Deposits		 8.47 12 15 -
Short-Term Debt		 113 213 188 -
Long-Term Debt		 765 427 423 -182,263
Other Long-Term Liabilities		 65 48 41 194
Commitments & Contingencies		 0.00 0.00 0.00 -
Total Equity & Noncontrolling Interests		 823 611 460 0.00
Total Preferred & Common Equity		 823 611 460 0.00
Total Common Equity		 823 611 460 0.00
Common Stock		 830 634 481 -
Retained Earnings		 -6.71 -23 -21 -

Quarterly Balance Sheets for Trinity Capital Inc. - 7.875% Notes Due 2029

This table presents Trinity Capital Inc. - 7.875% Notes Due 2029's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 1,857 1,735 1,505 1,410 1,151 1,189 1,123 1,097
Cash and Due from Banks		 8.39 8.54 46 12 7.23 12 8.34 34
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Acquisition Cost		 6.23 5.94 1.77 1.96 2.33 2.52 2.71 3.09
Other Assets		 53 1,722 1,459 1,398 1,144 1,178 21 27
Total Liabilities & Shareholders' Equity		 1,857 1,735 1,505 1,410 1,151 1,189 1,123 1,097
Total Liabilities		 1,024 978 825 783 581 707 654 614
Non-Interest Bearing Deposits		 7.02 9.39 11 11 14 15 15 15
Short-Term Debt		 392 290 255 190 100 232 184 138
Long-Term Debt		 567 623 510 539 426 425 424 422
Other Long-Term Liabilities		 58 56 49 43 41 35 31 40
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 833 757 680 626 569 482 470 482
Total Preferred & Common Equity		 833 757 680 626 569 482 470 482
Total Common Equity		 833 757 680 626 569 482 470 482
Common Stock		 846 790 709 659 591 497 485 488
Retained Earnings		 -12 -34 -29 -33 -21 -15 -15 -5.23

Annual Metrics And Ratios for Trinity Capital Inc. - 7.875% Notes Due 2029

This table displays calculated financial ratios and metrics derived from Trinity Capital Inc. - 7.875% Notes Due 2029's official financial filings.

Metric 2024 2023 2022 2021 2020
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020
Growth Metrics		 - - - - -
Revenue Growth		 41.51% 0.00% -100.00% 165.89% 0.00%
EBITDA Growth		 94.45% 205.36% -211.82% 332.92% 0.00%
EBIT Growth		 63.34% 780.72% -119.69% 946.53% 0.00%
NOPAT Growth		 63.34% 1,072.46% -113.78% 1,309.33% 0.00%
Net Income Growth		 50.33% 854.74% -107.70% 2,264.92% 0.00%
EPS Growth		 11.11% 0.00% 0.00% 1,464.71% 0.00%
Operating Cash Flow Growth		 -229.22% 59.17% 2.45% -315.06% 0.00%
Free Cash Flow Firm Growth		 -202.76% -125.75% 129.63% 0.00% 0.00%
Invested Capital Growth		 35.97% 16.87% -29.08% 0.00% 0.00%
Revenue Q/Q Growth		 774.57% 122.44% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 532.72% 6,064.81% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 871.37% 152.54% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 871.37% 152.54% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 8,028.40% 33.49% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 26.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 32.81% -805.81% 26.88% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 79.69% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 1.87% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - -
EBITDA Margin		 22.30% 16.23% 0.00% 38.65% -44.12%
EBIT Margin		 31.93% 27.66% 0.00% 57.92% -18.19%
Profit (Net Income) Margin		 32.58% 30.67% 0.00% 148.12% -18.19%
Tax Burden Percent		 102.04% 110.87% 100.00% 255.74% 100.00%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 7.68% 5.98% 0.00% 6.86% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 7.98% 7.18% 0.00% 17.54% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 8.44% 8.39% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 16.12% 14.36% -4.43% 0.00% 0.00%
Cash Return on Invested Capital (CROIC)		 -22.81% -9.58% 33.48% -193.14% 0.00%
Operating Return on Assets (OROA)		 7.34% 5.69% 0.00% 3.04% 0.00%
Return on Assets (ROA)		 7.49% 6.31% 0.00% 7.77% 0.00%
Return on Common Equity (ROCE)		 16.12% 14.36% -4.43% 0.00% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 14.05% 12.58% -2.22% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 113 69 -7.13 52 -4.28
NOPAT Margin		 31.93% 27.66% 0.00% 57.92% -12.73%
Net Nonoperating Expense Percent (NNEP)		 -0.31% -1.21% 0.29% -10.68% 0.00%
SG&A Expenses to Revenue		 12.27% 13.20% 0.00% 17.37% 31.05%
Operating Expenses to Revenue		 68.07% 72.34% 0.00% 42.08% 118.19%
Earnings before Interest and Taxes (EBIT)		 113 69 -10 52 -6.11
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 79 41 -39 35 -15
Valuation Ratios		 - - - - -
Price to Book Value (P/BV)		 1.04 0.90 0.63 0.00 0.00
Price to Tangible Book Value (P/TBV)		 1.04 0.90 0.63 0.00 0.00
Price to Revenue (P/Rev)		 2.40 2.19 0.00 0.00 0.00
Price to Earnings (P/E)		 7.52 7.93 0.00 0.00 0.00
Dividend Yield		 14.10% 15.40% 21.13% 11.28% 0.00%
Earnings Yield		 13.29% 12.62% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.01 0.95 0.83 0.00 0.00
Enterprise Value to Revenue (EV/Rev)		 4.85 4.73 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 21.75 29.12 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 15.19 17.08 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 15.19 17.08 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 2.06 0.00 0.00
Leverage & Solvency		 - - - - -
Debt to Equity		 1.07 1.05 1.33 0.00 0.00
Long-Term Debt to Equity		 0.93 0.70 0.92 0.00 0.00
Financial Leverage		 1.06 1.17 4.61 0.00 0.00
Leverage Ratio		 2.15 2.28 6.16 0.00 0.00
Compound Leverage Factor		 2.15 2.28 6.16 0.00 0.00
Debt to Total Capital		 51.61% 51.14% 57.05% 100.00% 0.00%
Short-Term Debt to Total Capital		 6.64% 17.03% 17.52% 0.00% 0.00%
Long-Term Debt to Total Capital		 44.96% 34.11% 39.53% 100.00% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 48.39% 48.86% 42.95% 0.00% 0.00%
Debt to EBITDA		 11.10 15.72 -15.81 -5,278.25 0.00
Net Debt to EBITDA		 10.97 15.61 -15.54 -5,278.25 0.00
Long-Term Debt to EBITDA		 9.67 10.49 -10.96 -5,278.25 0.00
Debt to NOPAT		 7.75 9.22 -85.62 -3,522.68 0.00
Net Debt to NOPAT		 7.66 9.15 -84.13 -3,522.68 0.00
Long-Term Debt to NOPAT		 6.75 6.15 -59.33 -3,522.68 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - -
Cash Flow Metrics		 - - - - -
Free Cash Flow to Firm (FCFF)		 -337 -111 432 -1,457 0.00
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - -
Asset Turnover		 0.23 0.21 0.00 0.05 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - -
Invested Capital		 1,701 1,251 1,070 1,509 0.00
Invested Capital Turnover		 0.24 0.22 0.00 0.12 0.00
Increase / (Decrease) in Invested Capital		 450 181 -439 1,509 0.00
Enterprise Value (EV)		 1,720 1,185 888 0.00 0.00
Market Capitalization		 852 550 288 0.00 0.00
Book Value per Share		 $13.97 $14.01 $13.07 $0.00 $0.00
Tangible Book Value per Share		 $13.97 $14.01 $13.07 $0.00 $0.00
Total Capital		 1,701 1,251 1,070 -182,263 0.00
Total Debt		 878 640 611 -182,263 0.00
Total Long-Term Debt		 765 427 423 -182,263 0.00
Net Debt		 868 635 600 -182,263 0.00
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 -2.32 -7.54 3.06 -81 1.83
Net Nonoperating Obligations (NNO)		 878 640 611 1,509 0.00
Total Depreciation and Amortization (D&A)		 -34 -29 -28 -17 -8.71
Earnings Adjustments		 - - - - -
Adjusted Basic Earnings per Share		 $2.19 $1.98 ($0.96) $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding		 52.71M 38.91M 31.67M 0.00 0.00
Adjusted Diluted Earnings per Share		 $2.10 $1.89 ($0.96) $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding		 56.73M 42.71M 35.19M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $2.14 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 62.83M 46.44M 34.92M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)		 163 111 -7.13 50 6.30
Normalized NOPAT Margin		 45.96% 44.32% 0.00% 56.52% 18.76%
Pre Tax Income Margin		 31.93% 27.66% 0.00% 57.92% -18.19%
Debt Service Ratios		 - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - -
Dividend Payout Ratio		 88.70% 102.48% -600.27% 18.84% -169.34%
Augmented Payout Ratio		 88.70% 103.79% -619.95% 18.84% -169.34%

Quarterly Metrics And Ratios for Trinity Capital Inc. - 7.875% Notes Due 2029

This table displays calculated financial ratios and metrics derived from Trinity Capital Inc. - 7.875% Notes Due 2029's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 19.27% 42.62% 4.97% 153.09% 27.06% 690.06% 435.64% 78.80% 289.26% 0.00% -88.61%
EBITDA Growth		 -10.38% 56.63% -67.62% 177.37% 52.87% 153.91% 164.94% 6.10% 181.39% 0.00% -131.79%
EBIT Growth		 6.53% 55.85% -36.53% 389.40% 39.77% 95.06% 267.79% 21.92% 309.22% 0.00% -119.97%
NOPAT Growth		 6.53% 55.85% -36.53% 513.43% 39.77% 95.06% 339.70% 21.92% 398.89% 0.00% -113.98%
Net Income Growth		 86.70% 159.04% 45.06% 55.05% -35.48% -4.82% 240.18% 357.44% 348.05% 0.00% -115.90%
EPS Growth		 43.33% 110.81% 7.50% 13.46% -50.00% 0.00% 211.11% 308.00% 281.82% 0.00% -138.30%
Operating Cash Flow Growth		 22.19% 113.50% -518.16% 39.41% -492.37% -168.79% 418.38% 74.80% 139.62% 63.07% 0.00%
Free Cash Flow Firm Growth		 69.04% -172.68% -176.72% -33,717.70% -11,293.53% 0.00% 200.55% 0.00% 0.00% 0.00% 0.00%
Invested Capital Growth		 32.22% 35.97% 0.00% 0.00% 18,843.82% 16.87% -100.00% 0.00% 0.00% 0.00% 0.00%
Revenue Q/Q Growth		 -71.52% 368.98% -0.08% -12.13% 9.29% 245.16% 140.91% -55.89% 269.20% -413.33% -19.58%
EBITDA Q/Q Growth		 -60.88% 1,003.11% -61.18% -49.29% 28.22% 128.08% 192.75% -200.19% 202.20% 158.33% -34.11%
EBIT Q/Q Growth		 -52.06% 342.47% -26.77% -34.17% 10.90% 80.19% 433.91% -131.79% 438.14% 255.00% -55.38%
NOPAT Q/Q Growth		 -52.06% 342.47% -26.77% -34.17% 10.90% 80.19% 577.02% -122.26% 583.05% 321.43% -55.38%
Net Income Q/Q Growth		 -40.94% 87.95% -20.85% 112.49% -18.05% 5.25% -15.40% -11.58% 1,516.89% 255.00% -55.38%
EPS Q/Q Growth		 -44.87% 81.40% -27.12% 96.67% -18.92% -7.50% -23.08% -13.33% 3,100.00% 0.00% -44.00%
Operating Cash Flow Q/Q Growth		 -444.13% 107.93% -959.90% 73.11% 40.31% -345.76% 253.58% -274.14% 140.89% -573.95% 107.47%
Free Cash Flow Firm Q/Q Growth		 -4.14% 76.26% -12,041.20% -4,962.04% -8.43% -106.68% 51,254.91% -135.74% 0.00% 100.00% 0.00%
Invested Capital Q/Q Growth		 5.39% 1.87% 46,556.82% 33,463.21% 8.38% 0.00% 0.00% -100.00% -6.81% -49.97% 0.00%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 28.65% 20.86% 8.87% 22.82% 39.55% 18.99% 28.74% -74.66% 32.87% 0.00% -237.08%
EBIT Margin		 44.79% 26.61% 28.20% 38.48% 51.36% 24.35% 46.64% -33.65% 46.69% 0.00% -148.90%
Profit (Net Income) Margin		 44.76% 21.58% 53.85% 67.98% 28.11% 11.88% 38.97% 110.96% 55.36% 0.00% -148.90%
Tax Burden Percent		 99.92% 81.11% 190.94% 176.65% 54.73% 48.80% 83.54% -329.72% 118.56% 100.00% 100.00%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)		 10.37% 6.40% 1.37% 2.05% 12.05% 5.26% 4.92% 0.00% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 10.37% 4.99% 3.92% 5.54% 8.80% 2.29% 4.61% 0.00% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 12.00% 5.28% 4.72% 6.24% 10.34% 2.67% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Equity (ROE)		 22.37% 11.67% 6.09% 8.28% 22.40% 7.93% 0.00% 0.00% 0.00% -4.43% 0.00%
Cash Return on Invested Capital (CROIC)		 -20.44% -22.81% -198.60% -197.37% -188.43% -9.58% 0.00% 0.00% 0.00% 40.35% 0.00%
Operating Return on Assets (OROA)		 10.00% 6.12% 1.32% 1.96% 11.59% 5.01% 4.91% 0.00% 0.00% 0.00% 0.00%
Return on Assets (ROA)		 9.99% 4.96% 2.52% 3.47% 6.35% 2.44% 4.11% 0.00% 0.00% 0.00% 0.00%
Return on Common Equity (ROCE)		 22.37% 11.67% 6.09% 8.28% 22.40% 7.93% 0.00% 0.00% 0.00% -4.43% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 15.38% 0.00% -0.19% -1.33% 11.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 27 57 13 17 27 36 20 -4.22 19 19 -8.40
NOPAT Margin		 44.79% 26.61% 28.20% 38.48% 51.36% 24.35% 46.64% -23.56% 46.69% 0.00% -104.23%
Net Nonoperating Expense Percent (NNEP)		 0.00% 1.41% -2.55% -3.50% 3.26% 2.97% 0.31% 0.00% -98.38% 0.00% 0.34%
SG&A Expenses to Revenue		 17.59% 5.73% 25.44% 21.93% 19.11% 5.66% 20.14% 46.60% 18.75% 0.00% 90.77%
Operating Expenses to Revenue		 55.21% 73.39% 71.80% 61.52% 48.64% 75.65% 53.36% 133.65% 53.31% 0.00% 248.90%
Earnings before Interest and Taxes (EBIT)		 27 57 13 17 27 36 20 -6.03 19 19 -12
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 17 44 4.02 10 20 28 12 -13 13 11 -19
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.14 1.04 0.92 0.96 0.92 0.90 0.00 0.00 0.00 0.63 0.00
Price to Tangible Book Value (P/TBV)		 1.14 1.04 0.92 0.96 0.92 0.90 0.00 0.00 0.00 0.63 0.00
Price to Revenue (P/Rev)		 2.61 2.40 17.24 16.94 3.59 2.19 3.81 4.96 0.00 0.00 0.00
Price to Earnings (P/E)		 7.69 7.52 0.00 0.00 8.97 7.93 8.47 16.57 0.00 0.00 0.00
Dividend Yield		 13.46% 14.10% 15.49% 15.28% 15.03% 15.40% 16.27% 17.37% 18.22% 21.13% 18.35%
Earnings Yield		 13.00% 13.29% 0.00% 0.00% 11.14% 12.62% 11.80% 6.04% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.06 1.01 0.96 0.95 0.95 0.95 0.00 0.00 48.22 0.83 0.00
Enterprise Value to Revenue (EV/Rev)		 5.22 4.85 39.53 35.65 8.08 4.73 3.78 4.92 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 24.69 21.75 0.00 0.00 36.54 29.12 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 16.56 15.19 137.49 72.01 20.03 17.08 15.53 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 16.56 15.19 137.49 72.01 20.03 17.08 15.53 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 1.15 1.07 1.21 1.12 1.16 1.05 0.00 0.00 0.00 1.33 0.00
Long-Term Debt to Equity		 0.68 0.93 0.82 0.75 0.86 0.70 0.00 0.00 0.00 0.92 0.00
Financial Leverage		 1.16 1.06 1.21 1.12 1.18 1.17 0.00 0.00 0.00 1.33 0.00
Leverage Ratio		 2.24 2.15 2.29 2.21 2.26 2.28 0.00 0.00 0.00 6.16 0.00
Compound Leverage Factor		 2.24 2.15 2.29 2.21 2.26 2.28 0.00 0.00 0.00 6.16 0.00
Debt to Total Capital		 53.50% 51.61% 54.67% 52.94% 53.80% 51.14% 100.00% 100.00% 0.00% 57.05% 100.00%
Short-Term Debt to Total Capital		 21.87% 6.64% 17.37% 17.63% 14.02% 17.03% 0.00% 0.00% 0.00% 17.52% 0.00%
Long-Term Debt to Total Capital		 31.63% 44.96% 37.29% 35.31% 39.78% 34.11% 100.00% 100.00% 0.00% 39.53% 100.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 46.50% 48.39% 45.33% 47.06% 46.20% 48.86% 0.00% 0.00% 0.00% 42.95% 0.00%
Debt to EBITDA		 12.44 11.10 -49.92 -77.33 20.63 15.72 4.05 0.10 0.00 -15.81 0.00
Net Debt to EBITDA		 12.33 10.97 -49.46 -72.67 20.29 15.61 4.05 0.10 0.00 -15.54 0.00
Long-Term Debt to EBITDA		 7.35 9.67 -34.06 -51.58 15.25 10.49 4.05 0.10 0.00 -10.96 0.00
Debt to NOPAT		 8.34 7.75 78.25 40.22 11.30 9.22 -0.10 0.96 0.00 -85.62 0.00
Net Debt to NOPAT		 8.27 7.66 77.52 37.79 11.12 9.15 -0.10 0.96 0.00 -84.13 0.00
Long-Term Debt to NOPAT		 4.93 6.75 53.39 26.83 8.36 6.15 -0.10 0.96 0.00 -59.33 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -410 -393 -1,657 -1,427 -1,322 -144 2,159 -4.22 12 0.00 -2,148
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.22 0.23 0.05 0.05 0.23 0.21 0.11 0.00 0.00 0.00 0.00
Fixed Asset Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,792 1,701 1,669 1,445 1,356 1,251 0.00 0.00 7.16 1,070 2,139
Invested Capital Turnover		 0.23 0.24 0.05 0.05 0.23 0.22 0.11 0.00 0.00 0.00 0.00
Increase / (Decrease) in Invested Capital		 437 450 1,669 1,445 1,348 181 -2,139 0.00 7.16 0.00 2,139
Enterprise Value (EV)		 1,903 1,720 1,603 1,370 1,292 1,185 426 382 345 888 0.00
Market Capitalization		 953 852 699 651 575 550 429 385 345 288 0.00
Book Value per Share		 $13.26 $13.97 $14.18 $13.74 $13.40 $14.01 $0.00 $0.00 $0.00 $13.07 $0.00
Tangible Book Value per Share		 $13.26 $13.97 $14.18 $13.74 $13.40 $14.01 $0.00 $0.00 $0.00 $13.07 $0.00
Total Capital		 1,792 1,701 1,669 1,445 1,356 1,251 -2.76 -3.14 0.00 1,070 -1,488
Total Debt		 959 878 913 765 729 640 -2.76 -3.14 0.00 611 -1,488
Total Long-Term Debt		 567 765 623 510 539 427 -2.76 -3.14 0.00 423 -1,488
Net Debt		 951 868 904 719 717 635 -2.76 -3.14 0.00 600 -1,488
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.02 11 -12 -13 12 19 3.31 -24 -3.52 0.00 3.60
Net Nonoperating Obligations (NNO)		 959 878 913 765 729 640 0.00 0.00 7.16 611 2,139
Total Depreciation and Amortization (D&A)		 -9.77 -12 -8.76 -7.10 -6.10 -7.98 -7.73 -7.35 -5.61 -7.46 -7.11
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $0.43 $0.82 $0.45 $0.61 $0.31 $0.37 $0.42 $0.55 $0.64 $0.00 ($0.36)
Adjusted Weighted Average Basic Shares Outstanding		 62.56M 52.71M 54.41M 50.16M 46.75M 38.91M 40.12M 36.02M 35.07M 31.67M 33.10M
Adjusted Diluted Earnings per Share		 $0.43 $0.78 $0.43 $0.59 $0.30 $0.37 $0.40 $0.52 $0.60 $0.00 ($0.36)
Adjusted Weighted Average Diluted Shares Outstanding		 62.56M 56.73M 58.37M 54.06M 50.60M 42.71M 43.85M 39.69M 38.74M 31.67M 36.54M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.58 $0.00 $0.00 $1.09
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 64.65M 62.83M 58.91M 53.37M 49.48M 46.44M 43.63M 36.76M 35.97M 31.67M 35.17M
Normalized Net Operating Profit after Tax (NOPAT)		 31 93 21 22 27 64 22 4.17 21 13 -8.40
Normalized NOPAT Margin		 51.78% 43.91% 45.80% 48.37% 52.43% 43.14% 50.14% 23.26% 51.78% 0.00% -104.23%
Pre Tax Income Margin		 44.79% 26.61% 28.20% 38.48% 51.36% 24.35% 46.64% -33.65% 46.69% 0.00% -148.90%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 86.50% 88.70% -6,609.60% -986.15% 117.48% 102.48% 132.46% 338.20% 0.00% -600.27% 0.00%
Augmented Payout Ratio		 86.50% 88.70% -6,609.60% -986.15% 117.48% 103.79% 137.68% 347.35% 0.00% -619.95% 0.00%

Frequently Asked Questions About Trinity Capital Inc. - 7.875% Notes Due 2029's Financials

When does Trinity Capital Inc. - 7.875% Notes Due 2029's fiscal year end?

According to the most recent income statement we have on file, Trinity Capital Inc. - 7.875% Notes Due 2029's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Trinity Capital Inc. - 7.875% Notes Due 2029's net income changed over the last 4 years?

Trinity Capital Inc. - 7.875% Notes Due 2029's net income appears to be on an upward trend, with a most recent value of $115.60 million in 2024, falling from -$6.11 million in 2020. The previous period was $76.89 million in 2023.

How has Trinity Capital Inc. - 7.875% Notes Due 2029 revenue changed over the last 4 years?

Over the last 4 years, Trinity Capital Inc. - 7.875% Notes Due 2029's total revenue changed from $33.60 million in 2020 to $354.77 million in 2024, a change of 955.9%.

How much debt does Trinity Capital Inc. - 7.875% Notes Due 2029 have?

Trinity Capital Inc. - 7.875% Notes Due 2029's total liabilities were at $951.26 million at the end of 2024, a 35.9% increase from 2023, and a 100.5% decrease since 2021.

How much cash does Trinity Capital Inc. - 7.875% Notes Due 2029 have?

In the past 3 years, Trinity Capital Inc. - 7.875% Notes Due 2029's cash and equivalents has ranged from $0.00 in 2021 to $10.61 million in 2022, and is currently $9.63 million as of their latest financial filing in 2024.

How has Trinity Capital Inc. - 7.875% Notes Due 2029's book value per share changed over the last 4 years?

Over the last 4 years, Trinity Capital Inc. - 7.875% Notes Due 2029's book value per share changed from 0.00 in 2020 to 13.97 in 2024, a change of 1,397.1%.



This page (NASDAQ:TRINI) was last updated on 5/21/2025 by MarketBeat.com Staff
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