Trinity Capital Inc. (TRIN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 37.7M | 39.24M | 28.93M | 43.91M | 25.01M | 26.17M | 25.48M | 60.08M | 25.28M | 15.97M | 18.15M | 24.39M | 18.79M | 20.58M | 43.04M | 21.83M | 35.17M | 37.93M | 30.82M | 24.49M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 20.04 | 34.73 | - | 20.5 | 24.84 | 18.76 | 25.04 | 21.14 | 28.03 | 25.15 | 26.59 | 23.43 | 20.56 | 47.46 | 99.88 | 68.48 | 75.51 | 6.77 | 10.39 | 10.66 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 1.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 0 | 2.45B | 2.22B | 2B | 1.83B | 1.75B | 1.71B | 1.45B | 1.38B | 1.3B | 1.13B | 1.16B | 1.1B | 1.11B | 1.05B | 1.07B | 930.77M | 899.19M | 696.59M | 616.96M |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 2.42B | 2.19B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11.79M |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 2.56B | 2.48B | 2.25B | 2.05B | 1.86B | 1.77B | 1.73B | 1.51B | 1.41B | 1.31B | 1.15B | 1.19B | 1.12B | 1.13B | 1.1B | 1.09B | 965.94M | 937.12M | 727.41M | 641.45M |
| Asset Turnover | 0.03x | 0.02x | 0.03x | 0.04x | 0.03x | 0.05x | 0.04x | 0.04x | 0.03x | 0.03x | 0.03x | 0.04x | 0.04x | 0.02x | 0.01x | 0.01x | 0.01x | 0.08x | 0.06x | 0.06x |
| Asset Growth % | 37.61% | 40.03% | 29.52% | 35.84% | 31.75% | 35.34% | 50.73% | 26.6% | 25.5% | 16.38% | 4.94% | 9.07% | 16.29% | 20.2% | 50.78% | 69.96% | 62.62% | 67.43% | 50.78% | 39.04% |
| Total Current Liabilities | 0 | 1.72M | 354K | 35.48M | 32.58M | 31.45M | 29.4M | 26.44M | 24.81M | 23.16M | 23.35M | 19.43M | 16.89M | 21.33M | 21.07M | 17.87M | 15.39M | 9.8M | 8.96M | 7.68M |
| Accounts Payable | 0 | 0 | 38.24M | 35.48M | 32.58M | 31.45M | 29.4M | 26.44M | 24.81M | 23.16M | 23.35M | 19.43M | 16.89M | 21.33M | 21.07M | 17.87M | 15.39M | 9.8M | 8.96M | 7.68M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 1.72M | 354K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 0 | -38.24M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | - | 22.79x | 81.73x | 1.24x | 0.77x | 0.83x | 0.87x | 2.27x | 1.02x | 0.69x | 0.78x | 1.25x | 1.11x | 0.97x | 2.04x | 1.22x | 2.29x | 3.87x | 3.44x | 3.19x |
| Quick Ratio | - | 22.79x | 81.73x | 1.24x | 0.77x | 0.83x | 0.87x | 2.27x | 1.02x | 0.69x | 0.78x | 1.25x | 1.11x | 0.97x | 2.04x | 1.22x | 2.29x | 3.87x | 3.44x | 3.19x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.39B | 1.39B | 1.25B | 1.09B | 991.3M | 919.81M | 948.57M | 798.95M | 758.57M | 676.66M | 558.11M | 687.66M | 636.75M | 645.46M | 593.21M | 613.97M | 526.51M | 480.78M | 319.44M | 254.04M |
| Long-Term Debt | 0 | 1.3B | 1.18B | 1.05B | 958.95M | 877.67M | 912.59M | 764.86M | 729.3M | 639.61M | 525.73M | 656.85M | 607.47M | 610.59M | 559.72M | 585.73M | 499.04M | 455.35M | 300.36M | 236.99M |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 1.39B | 1.39B | 1.25B | 1.12B | 1.02B | 951.26M | 977.97M | 825.39M | 783.38M | 699.82M | 581.46M | 707.09M | 653.63M | 666.79M | 614.28M | 631.84M | 541.9M | 490.58M | 328.4M | 261.73M |
| Total Debt | 0 | 1.31B | 1.19B | 1.05B | 958.95M | 877.67M | 912.59M | 764.86M | 729.3M | 639.61M | 525.73M | 656.85M | 607.47M | 610.59M | 559.72M | 585.73M | 499.04M | 455.35M | 300.36M | 236.99M |
| Net Debt | -19.63M | 1.29B | 1.18B | 1.03B | 950.57M | 868.05M | 904.05M | 718.75M | 717.34M | 634.85M | 518.5M | 644.59M | 599.13M | 599.98M | 525.58M | 572.5M | 470.35M | 423.66M | 275.05M | 217.87M |
| Debt / Equity | - | 1.20x | 1.19x | 1.14x | 1.15x | 1.07x | 1.21x | 1.12x | 1.16x | 1.05x | 0.92x | 1.36x | 1.29x | 1.33x | 1.16x | 1.28x | 1.18x | 1.02x | 0.75x | 0.62x |
| Debt / EBITDA | - | 20.71x | 41.95x | 25.05x | 34.62x | 18.82x | 36.48x | 24.31x | 48.15x | 34.78x | 30.13x | 31.99x | 26.32x | - | - | - | - | 8.26x | 11.05x | 9.25x |
| Net Debt / EBITDA | -0.32x | 20.40x | 41.62x | 24.42x | 34.31x | 18.61x | 36.13x | 22.84x | 47.36x | 34.53x | 29.72x | 31.39x | 25.96x | - | - | - | - | 7.69x | 10.12x | 8.51x |
| Interest Coverage | 2.56x | 2.65x | 1.35x | 2.33x | 1.57x | 2.45x | 1.48x | 2.27x | 1.25x | 1.76x | 1.62x | 1.71x | 2.08x | -0.12x | -1.22x | -0.91x | -1.23x | 8.83x | 5.32x | 5.58x |
| Total Equity | 1.17B | 1.09B | 998.26M | 923.57M | 833.39M | 822.98M | 756.79M | 680.04M | 626.32M | 611.16M | 569.46M | 482M | 469.67M | 459.65M | 482.46M | 458.34M | 424.04M | 446.53M | 399.01M | 379.72M |
| Equity Growth % | 39.94% | 32.93% | 31.91% | 35.81% | 33.06% | 34.66% | 32.9% | 41.09% | 33.35% | 32.96% | 18.03% | 5.16% | 10.76% | 2.94% | 20.92% | 20.71% | 17.28% | 87.03% | 68.13% | 66.07% |
| Book Value per Share | 13.94 | 14.20 | 13.97 | 14.01 | 13.32 | 12.97 | 12.96 | 12.58 | 12.38 | 12.70 | 12.99 | 12.14 | 12.12 | 13.08 | 13.20 | 13.35 | 15.47 | 14.62 | 13.31 | 14.34 |
| Total Shareholders' Equity | 1.17B | 1.09B | 998.26M | 923.57M | 833.39M | 822.98M | 756.79M | 680.04M | 626.32M | 611.16M | 569.46M | 482M | 469.67M | 459.65M | 482.46M | 458.34M | 424.04M | 446.53M | 399.01M | 379.72M |
| Common Stock | 88K | 82K | 75K | 70K | 64K | 62K | 58K | 52K | 49K | 46K | 43K | 37K | 36K | 35K | 35K | 31K | 28K | 27K | 27K | 26K |
| Retained Earnings | -19.27M | -6.43M | -16.87M | -6.27M | -12.2M | -6.71M | -33.54M | -28.54M | -32.93M | -22.63M | -21.4M | -14.87M | -15.32M | -20.92M | -5.23M | 27.85M | 53.44M | 77.9M | 28.54M | 10.31M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |