Trinity Capital Inc

Company Profile

Trinity Capital Inc had its IPO on 2021-01-29 under the ticker symbol TRIN.

The company operates in the Financial Services sector and Asset Management industry. Trinity Capital Inc has a staff strength of 57 employees.

Stock update

Shares of Trinity Capital Inc opened at $13.68 at the start of the last trading session i.e. 2023-03-22.

The stocks traded within a range of $13.46 - $13.74, and closed at $13.47.

This is a -1.75% slip from the previous day's closing price.

A total volume of 250,787 shares were traded at the close of the day’s session.

In the last one week, shares of Trinity Capital Inc have increased by +7.5%.

Trinity Capital Inc's Key Ratios

Trinity Capital Inc has a market cap of $478.78 million, indicating a price to book ratio of 0.753 and a price to sales ratio of 3.1411.

In the last 12-months Trinity Capital Inc’s revenue was $138.84 million with a gross profit of $138.84 million and an EBITDA of $53.91 million. The EBITDA ratio measures Trinity Capital Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Trinity Capital Inc’s operating margin was 73.08% while its return on assets stood at 6.15% with a return of equity of -6.7%.

In Q4, Trinity Capital Inc’s quarterly earnings growth was a positive 244.6% while revenue growth was a positive 89.5%.

Trinity Capital Inc’s PE and PEG Ratio

Forward PE

5.015

Trailing PE

0

PEG

5.256

Its diluted EPS in the last 12-months stands at $-0.97 per share while it has a forward price to earnings multiple of 5.015 and a PEG multiple of 5.256. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Trinity Capital Inc’s profitability.

Trinity Capital Inc stock is trading at a EV to sales ratio of 6.1148 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 3.1411.

Trinity Capital Inc stock pays annual dividends of $1.73 per share, indicating a yield of 14.34% and a payout ratio of 101.81%.

Balance sheet and cash flow metrics

Total Assets

$1.13 billion

Total Liabilities

$67.89 million

Operating Cash Flow

$0

Capital Expenditure

$88000

Dividend Payout Ratio

101.81%

Trinity Capital Inc ended 2023 with $1.13 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.13 billion while shareholder equity stood at $459.65 million.

Trinity Capital Inc ended 2023 with $0 in deferred long-term liabilities, $67.89 million in other current liabilities, 35000.00 in common stock, $-20918000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $10.61 million and cash and short-term investments were $47.93 million. The company’s total short-term debt was $48,118,000 while long-term debt stood at $423.09 million.

Trinity Capital Inc’s total current assets stands at $57.90 million while long-term investments were $1.09 billion and short-term investments were $37.31 million. Its net receivables were $9.97 million compared to accounts payable of $19.77 million and inventory worth $0.

In 2023, Trinity Capital Inc's operating cash flow was $0 while its capital expenditure stood at $88000.

Comparatively, Trinity Capital Inc paid $1.02 in dividends in 2023.

Other key metrics

Current Trading Price

$13.47

52-Week High

$17.158

52-Week Low

$9.6797

Analyst Target Price

$13.86

Trinity Capital Inc stock is currently trading at $13.47 per share. It touched a 52-week high of $17.158 and a 52-week low of $17.158. Analysts tracking the stock have a 12-month average target price of $13.86.

Its 50-day moving average was $13.25 and 200-day moving average was $12.53 The short ratio stood at 3.28 indicating a short percent outstanding of 0%.

Around 810.4% of the company’s stock are held by insiders while 2822.1% are held by institutions.