Trinity Net Debt from 2010 to 2024
| TRIN Stock | USD 14.25 0.09 0.63% |
Net Debt | First Reported 2010-12-31 | Previous Quarter 642.1 M | Current Value 528.2 M | Quarterly Volatility 141.4 M |
Check Trinity Capital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trinity Capital's main balance sheet or income statement drivers, such as Interest Expense of 25.4 M, Selling General Administrative of 7.7 M or Other Operating Expenses of 37.5 M, as well as many indicators such as Price To Sales Ratio of 3.07, Dividend Yield of 0.0789 or PTB Ratio of 0.88. Trinity financial statements analysis is a perfect complement when working with Trinity Capital Valuation or Volatility modules.
Trinity | Net Debt |
Latest Trinity Capital's Net Debt Growth Pattern
Below is the plot of the Net Debt of Trinity Capital over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Trinity Capital's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trinity Capital's overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
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Net Debt |
| Timeline |
Trinity Net Debt Regression Statistics
| Arithmetic Mean | 333,334,688 | |
| Geometric Mean | 311,854,167 | |
| Coefficient Of Variation | 42.42 | |
| Mean Deviation | 114,755,943 | |
| Median | 255,092,000 | |
| Standard Deviation | 141,406,276 | |
| Sample Variance | 19995.7T | |
| Range | 387M | |
| R-Value | 0.75 | |
| Mean Square Error | 9447T | |
| R-Squared | 0.56 | |
| Significance | 0 | |
| Slope | 23,689,130 | |
| Total Sum of Squares | 279940.3T |
Trinity Net Debt History
Other Fundumenentals of Trinity Capital
Trinity Capital Net Debt component correlations
Click cells to compare fundamentals
About Trinity Capital Financial Statements
Trinity Capital investors utilize fundamental indicators, such as Net Debt, to predict how Trinity Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Debt | 642.1 M | 528.2 M | |
| Net Debt To EBITDA | 5.30 | 6.17 |
Pair Trading with Trinity Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Trinity Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Trinity Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Trinity Stock
| 0.62 | V | Visa Class A | PairCorr |
| 0.71 | DHIL | Diamond Hill Investment | PairCorr |
| 0.76 | DIST | Distoken Acquisition | PairCorr |
| 0.64 | AC | Associated Capital | PairCorr |
Moving against Trinity Stock
The ability to find closely correlated positions to Trinity Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Trinity Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Trinity Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Trinity Capital to buy it.
The correlation of Trinity Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Trinity Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Trinity Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Trinity Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Trinity Capital Correlation against competitors. To learn how to invest in Trinity Stock, please use our How to Invest in Trinity Capital guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Trinity Capital. If investors know Trinity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Trinity Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.072 | Dividend Share 2.03 | Earnings Share 1.7 | Revenue Per Share 4.193 | Quarterly Revenue Growth 0.314 |
The market value of Trinity Capital is measured differently than its book value, which is the value of Trinity that is recorded on the company's balance sheet. Investors also form their own opinion of Trinity Capital's value that differs from its market value or its book value, called intrinsic value, which is Trinity Capital's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Trinity Capital's market value can be influenced by many factors that don't directly affect Trinity Capital's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Trinity Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trinity Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trinity Capital's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.