Loading...
Definitive Analysis

Financial Statements

Company Industry Sector

Periods / Units / Analysis

Fundamentals

Margins Returns Growth Rates Metrics/Ratios

Valuations

Projections DCF DDM EPV Multiples Valuations

Miscellaneous

Indicators Charts WACC Beta Predictability

Ticker

Industry

Sector

Page: Company Financials

Trinity Capital Inc. - 7.00% No

Ticker: TRINL | Industry: Investment - Banking & Investment Services | Sector: Financial Services
$25.07 -0.53 (-2.07%)
As of: 2025-01-16

Master Data Export

Enterprise Value

Metric MRQ MRQ-1 2025 2024 2023 2022 2021 2020
Stock Price 14.07 15.16 14.62 14.15 13.61 14.31 15.77 15.00
Market Capitalization 927.38M 948.35M 937.86M 745.04M 531.61M 454.79M 410.43M 379.63M
(-) Cash & Equivalents 26.25M 8.39M 17.32M 19.06M 8.15M 21.67M 28.04M 41.36M
(+) Total Debt 0.00M 958.95M 479.48M 607.06M 609.24M 563.77M 300.96M 252.02M
Enterprise Value 901.12M 1,898.92M 1,400.02M 1,333.04M 1,132.69M 996.89M 683.35M 590.30M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Revenue 285M 196M 237M 175M 44M 175M 41M 0M
Cost of Revenue 76M 53M 62M 33M 34M 20M 17M 0M
Gross Profit 209M 142M 175M 142M 9M 155M 24M 0M
Gross Profit Margin 73.4% 72.8% 73.9% 81.1% 21.6% 88.4% 58.7% 0.0%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 18M 13M 14M 12M 10M 7M 4M 1M
Operating Expenses 64M 52M 57M 12M 37M 23M 30M 1M
Operating Income (EBIT) 145M 90M 118M 130M -28M 133M -6M -1M
Operating Income Margin 50.8% 46.0% 49.8% 74.2% -64.3% 75.5% -15.1% 0.0%
Interest Income 202M 205M 227M 175M 139M 77M 51M 0M
Interest Expense 76M 53M 62M 44M 34M 20M 17M 0M
Net Interest Income 126M 152M 165M 131M 105M 56M 34M 0M
Unusual Items -126M -152M -165M -181M -105M -56M -34M 1M
EBT Excluding Unusual Items 270M 242M 283M 260M 77M 189M 28M -1M
Pre-Tax Income 145M 90M 118M 79M -28M 133M -6M -1M
Pre-Tax Margin 50.8% 46.0% 49.8% 45.4% -64.3% 75.5% -15.1% 0.0%
Income Tax Expense 3M 3M 3M 3M 2M 0M 0M 0M
Net Income 142M 87M 116M 77M -30M 132M -6M -1M
Net Income Margin 49.9% 44.7% 48.7% 44.0% -69.8% 75.4% -15.1% 0.0%
Depreciation & Amortization 0M 0M 0M -9M 0M 0M 0M 1M
EBITDA 145M 90M 118M 121M -28M 133M -6M -1M
EBITDA Margin 50.8% 46.0% 49.8% 69.3% -64.3% 75.5% -14.9% 0.0%
NOPAT 142M 87M 116M 126M -22M 132M -5M -1M
NOPAT Margin 49.9% 44.7% 48.7% 71.8% -50.8% 75.4% -11.9% 0.0%
Owner's Earnings 142M 87M 115M 66M -31M 131M -6M 0M
Owner's Earnings Margin 49.7% 44.2% 48.5% 37.5% -70.2% 74.7% -15.6% 0.0%
EPS (Basic) 2.35 1.79 2.19 2.07 -0.96 4.86 -0.23 -0.02
EPS (Diluted) 2.16 1.66 2.04 1.80 -0.96 4.86 -0.23 -0.02
Shares (Basic) 65M 49M 53M 39M 32M 27M 26M 25M
Shares (Diluted) 66M 53M 57M 43M 32M 27M 26M 25M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Cash & Cash Equivalents 9.47M 26.25M 9.63M 4.76M 10.61M 31.69M 44.66M 0.00M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 9.47M 26.25M 9.63M 4.76M 10.61M 31.69M 44.66M 0.00M
Net Receivables 19.46M 17.66M 16.54M 11.21M 9.97M 5.55M 3.47M 0.00M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Current Assets 28.93M 43.92M 26.17M 15.97M 20.58M 37.24M 48.12M 0.00M
Property, Plant & Equipment 0.00M 0.00M 0.00M 5.30M 0.00M 0.00M 0.00M 0.00M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Investments 0.00M 0.00M 0.00M 1,275.18M 0.00M 0.00M 27.65M 0.00M
Tax Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 0.00M 2,001.11M 1,748.07M 11.29M 1,105.86M 899.19M 483.19M 6.20M
Other Assets 2,218.00M 0.00M 0.00M 3.24M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 2,218.00M 2,001.11M 1,748.07M 1,295.02M 1,105.86M 899.19M 510.84M 6.20M
Total Assets 2,246.94M 2,045.02M 1,774.24M 1,310.98M 1,126.44M 936.43M 558.96M 6.20M
Accounts Payable 0.00M 35.48M 31.45M 19.36M 21.33M 9.80M 4.95M 0.00M
Short-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Payables 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 0.00M 0.00M 0.00M 23.16M 0.00M 0.00M 0.00M 0.00M
Total Current Liabilities 0.00M 35.48M 31.45M 42.52M 21.33M 9.80M 4.95M 0.00M
Long-Term Debt 0.00M 1,052.81M 877.67M 639.61M 610.59M 455.35M 299.75M 0.00M
Capital Lease Obligations 0.00M 0.00M 0.00M 6.39M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 0.00M 33.17M 42.14M 12.29M 34.87M 25.43M 16.27M 6.73M
Total Non-Current Liabilities 0.00M 1,085.97M 919.81M 658.29M 645.46M 480.78M 316.01M 6.73M
Total Liabilities 0.00M 1,121.46M 951.26M 700.81M 666.79M 490.59M 320.96M 6.73M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 0.08M 0.07M 0.06M 0.05M 0.04M 0.03M 0.02M 0.00M
Retained Earnings -16.87M -6.27M -6.71M -22.63M -20.92M 77.90M -24.64M -0.52M
Accumulated OCI 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity -16.79M -6.20M -6.64M -22.58M -20.88M 77.92M -24.62M -0.52M
Total Equity -16.79M -6.20M -6.64M -22.58M -20.88M 77.92M -24.62M -0.52M
Total Liabilities & Equity -16.79M 1,115.26M 944.62M 678.23M 645.91M 568.51M 296.34M 6.20M
Tangible Assets 2,246.94M 2,045.02M 1,774.24M 1,310.98M 1,126.44M 936.43M 558.96M 6.20M
Tangible Equity -16.79M -6.20M -6.64M -22.58M -20.88M 77.92M -24.62M -0.52M
Tangible Book Value -16.79M -6.20M -6.64M -22.58M -20.88M 77.92M -24.62M -0.52M
Total Investments 0.00M 0.00M 0.00M 1,275.18M 0.00M 0.00M 27.65M 0.00M
Net Debt -9.47M 1,026.56M 868.05M 634.85M 599.98M 423.66M 255.09M 0.00M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Working Capital 28.9M 8.4M -5.3M -27.4M -0.7M 28.1M 43.9M 0.0M
Total Capital 998.3M 1,976.4M 1,700.7M 1,258.0M 1,070.2M 901.9M 538.5M -0.5M
Capital Employed 2,246.9M 2,009.5M 1,742.8M 1,267.6M 1,105.1M 927.3M 554.8M 6.2M
Invested Capital 988.8M 1,950.1M 1,691.0M 1,253.3M 1,059.6M 870.2M 493.8M -0.5M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Net Income 142.00M 87.44M 115.60M 76.89M -30.38M 132.32M -6.11M -0.52M
Depreciation & Amortization 1.64M 4.83M -9.48M 0.00M 0.00M -80.30M 0.05M 0.00M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 79.23M 0.00M 0.00M
Stock-Based Compensation 2.37M 10.56M 0.00M 0.00M 0.00M 1.07M 0.00M 0.00M
Change in Working Capital -12.02M -12.88M 1.95M -5.46M 5.69M 0.73M 6.04M 0.52M
Accounts Receivable -2.52M -6.03M -5.34M 0.00M -2.61M -2.08M -2.36M 0.00M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 2.08M 0.00M 0.00M
Accounts Payable -2.29M 0.00M 8.90M 0.00M 5.18M 6.20M 0.00M 0.38M
Other Working Capital -7.21M -6.85M -1.62M -5.46M 3.12M -5.47M 8.40M 0.14M
Other Non-Cash Items -47.53M -561.63M -424.97M -167.69M 79.60M -374.72M -58.21M 0.00M
Net Cash from Operating Activities 86.46M -471.68M -316.91M -96.26M 54.92M -241.67M -58.23M 0.00M
Capital Expenditures (PPE) -0.49M -0.81M 0.00M -2.74M -0.19M -1.20M -0.25M 0.00M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M 0.00M 1.20M -2.21M 0.00M
Purchases of Investments -1,046.39M 0.00M -1,218.93M 0.00M -627.21M -555.75M 0.00M 0.00M
Sales / Maturities of Investments 607.85M 0.00M 807.87M 0.00M 336.55M 290.17M 0.00M 0.00M
Other Investing Activities 0.00M 0.00M 410.65M 0.00M 0.00M 265.58M -89.52M 0.00M
Net Cash from Investing Activities -439.04M -0.81M -0.42M -2.74M -290.85M -1.20M -91.98M 0.00M
Net Debt Issuance 240.67M 378.42M 228.22M 25.50M 150.85M 156.00M 118.69M 0.00M
Long-Term Debt Issuance 240.67M 378.42M 228.22M 25.50M 150.85M 156.00M 118.69M 0.00M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance 194.39M -3.82M 196.51M 146.46M 111.14M -0.14M 125.00M 0.00M
Common Stock Issuance 194.93M 0.00M 200.23M 150.28M 113.14M 104.78M 125.00M 0.00M
Common Stock Repurchased -0.55M -3.82M -3.73M -3.82M -2.01M -0.14M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M -104.78M 0.00M 0.00M
Net Dividends Paid -127.69M -96.37M -102.53M -78.80M -61.16M -24.93M -10.35M 0.00M
Common Dividends Paid -29.11M -96.37M -102.53M -78.80M 0.00M -24.93M -10.35M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 46.15M 195.56M 0.00M 0.00M -1.03M 97.58M -22.03M 0.00M
Net Cash from Financing Activities 353.52M 473.79M 322.20M 93.15M 199.81M 228.52M 211.31M 0.00M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash 0.93M 1.31M 4.87M -5.85M -36.13M -14.36M 61.10M 0.00M
Cash at Beginning of Period 52.80M 70.06M 4.76M 10.61M 46.74M 61.10M 0.00M 0.00M
Cash at End of Period 53.73M 71.37M 9.63M 4.76M 10.61M 46.74M 61.10M 0.00M
Operating Cash Flow 86.46M -471.68M -316.91M -96.26M 54.92M -241.67M -58.23M 0.00M
Capital Expenditure -0.49M -0.81M -0.42M -2.74M -0.19M -1.20M -0.25M 0.00M
Free Cash Flow 85.97M -472.49M -317.33M -99.00M 54.72M -242.88M -58.48M 0.00M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
EBITDA 191.15M 129.66M 161.32M 121.19M -0.80M 148.09M 19.49M -0.73M
(-) Tax Adjustment 3.52M 3.72M 3.65M 3.90M 0.00M 0.28M 0.00M 0.00M
(-) Change In Working Capital -12.02M -12.88M 1.95M -5.46M 5.69M 0.73M 6.04M 0.52M
(-) Capital Expenditure -0.49M -0.81M -0.42M -2.74M -0.19M -1.20M -0.25M 0.00M
Unlevered Free Cash Flow 199.16M 138.01M 155.30M 120.00M -6.68M 145.87M 13.19M -1.26M
(-) Net Interest Income After Taxes 123.51M 147.47M 161.05M 126.34M 104.69M 56.12M 34.48M 0.00M
Net Debt Issuance 240.67M 378.42M 228.22M 25.50M 150.85M 156.00M 118.69M 0.00M
Levered Free Cash Flow 316.32M 368.96M 222.47M 19.16M 39.48M 245.75M 97.40M -1.26M