Trinity Capital Inc. 7.875% Notes Due 2029 (TRINI) 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 |
|---|
| Total Current Assets | 37.7M | 38.14M | 28.93M | 0 | 25.01M | 0 | 0 | 63.62M | 28.72M | 19.21M | 21.29M | 27.53M | 21.54M | 23.02M | 45.48M | 21.83M | 35.17M | 52.29M | 45.82M |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 20.04 | 35.13 | 31.7 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | -44.81M | 0 | -26.17M | -26.68M | 17.52M | 0 | 841K | 700K | 15.26M | 13.19M | 12.41M | 2.44M | 8.6M | 6.48M | 20.61M | 19.48M |
| Total Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.44B | 1.38B | 1.29B | 1.13B | 1.16B | 1.1B | 1.1B | 1.05B | 1.07B | 930.77M | 884.83M | 681.59M |
| Property, Plant & Equipment | 0 | 7.6M | 5M | 5.2M | 0 | 5.4M | 5.6M | 5.4M | 5.3M | 5.3M | 2.3M | 2.4M | 2.5M | 2.1M | 2.2M | 2.3M | 2.4M | 2.5M | 2.5M |
| Fixed Asset Turnover | - | 8.00x | 11.07x | 11.87x | - | 13.65x | 8.73x | 9.69x | 9.32x | 11.78x | 19.16x | 18.18x | 17.62x | 18.96x | 16.51x | 13.83x | 11.59x | 8.60x | 8.26x |
| Goodwill | 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 |
| Long-Term Investments | 0 | 2.42B | 2.19B | 0 | 0 | 0 | 0 | 1.42B | 1.36B | 1.28B | 1.12B | 1.15B | 1.09B | 1.09B | 1.04B | 1.05B | 919.35M | 873.47M | 677.25M |
| 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 |
| Asset Turnover | 0.03x | 0.02x | 0.03x | 0.03x | 0.04x | 0.04x | 0.03x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x |
| 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% | - | - | - | - |
| Total Current Liabilities | 0 | 1.72M | 354K | 62.42M | 59.2M | 67.86M | 210.84M | 44.29M | 38.2M | 43.41M | 38.87M | 32.86M | 28.61M | 38.8M | 37.3M | 31.23M | 28.58M | 21.7M | 17.12M |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.22M | 12.65M | 19.36M | 15.38M | 13.14M | 11.3M | 17.47M | 16.13M | 13.15M | 12.85M | 11.89M | 8.11M |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 1.72M | 354K | 718K | 982K | 1.31M | 152.83M | 0 | 743K | 884K | 144K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 0 | 0 | 0 | 61.71M | 58.22M | 66.55M | 58.02M | 26.44M | 24.81M | 22.28M | 23.35M | 19.43M | 16.89M | 21.33M | 21.07M | 17.87M | 15.39M | 9.8M | 8.96M |
| Current Ratio | - | 22.15x | 81.73x | - | 0.42x | - | - | 1.44x | 0.75x | 0.44x | 0.55x | 0.84x | 0.75x | 0.59x | 1.22x | 0.70x | 1.23x | 2.41x | 2.68x |
| Quick Ratio | - | 22.15x | 81.73x | - | 0.42x | - | - | 1.44x | 0.75x | 0.44x | 0.55x | 0.84x | 0.75x | 0.59x | 1.22x | 0.70x | 1.23x | 2.41x | 2.68x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.39B | 1.39B | 1.25B | 0 | 0 | 0 | 0 | 781.1M | 745.17M | 656.42M | 542.59M | 674.23M | 625.02M | 627.99M | 576.99M | 600.61M | 513.32M | 468.89M | 311.28M |
| Long-Term Debt | 0 | 1.3B | 1.18B | 1.05B | 958.95M | 877.67M | 760.09M | 764.86M | 729.3M | 639.61M | 525.73M | 656.85M | 607.47M | 610.59M | 559.72M | 585.73M | 499.04M | 455.35M | 300.36M |
| 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 |
| Total Debt | 0 | 1.31B | 1.19B | 1.06B | 965.66M | 884.71M | 919.95M | 770.56M | 736.44M | 646.89M | 528.27M | 659.53M | 610.17M | 612.89M | 562.18M | 588.3M | 502.11M | 458.05M | 303.63M |
| Net Debt | -19.63M | 1.29B | 1.18B | 1.03B | 957.27M | 875.09M | 911.42M | 724.46M | 724.48M | 642.13M | 521.04M | 647.27M | 601.83M | 602.28M | 528.04M | 575.08M | 473.42M | 426.36M | 278.32M |
| Debt / Equity | - | 1.20x | 1.19x | 1.15x | 1.16x | 1.08x | 1.22x | 1.13x | 1.18x | 1.06x | 0.93x | 1.37x | 1.30x | 1.33x | 1.17x | 1.28x | 1.18x | 1.03x | 0.76x |
| Debt / EBITDA | - | 20.71x | 24.41x | 17.82x | 21.58x | 13.63x | 22.29x | - | - | 999999.00x | - | - | - | - | - | - | - | 30.56x | 20.09x |
| Net Debt / EBITDA | -0.32x | 20.40x | 24.21x | 17.38x | 21.39x | 13.48x | 22.09x | - | - | 999999.00x | - | - | - | - | - | - | - | 28.45x | 18.41x |
| Interest Coverage | 2.56x | 2.65x | 2.32x | 3.30x | 2.53x | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 |
| 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% | - | - | - | - |
| 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 | 14.58 | 14.81 | 15.47 | 16.40 | 13.31 |
| 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 |
| Common Stock | 88K | 82K | 75K | 70K | 64K | 62K | 58K | 52K | 49K | 46K | 43K | 37K | 36K | 35K | 35K | 31K | 28K | 27K | 27K |
| 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 |
| Treasury Stock | 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 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |