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 61 employees.

Stock update

Shares of Trinity Capital Inc opened at $14.55 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $14.19 - $14.55, and closed at $14.25.

This is a -0.56% slip from the previous day's closing price.

A total volume of 209,471 shares were traded at the close of the day’s session.

In the last one week, shares of Trinity Capital Inc have slipped by -2.06%.

Trinity Capital Inc's Key Ratios

Trinity Capital Inc has a market cap of $599.09 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 $162.98 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 74.82% while its return on assets stood at 6.69% with a return of equity of 6.12%.

In Q2, Trinity Capital Inc’s quarterly earnings growth was a positive 244.6% while revenue growth was a positive 37%.

Trinity Capital Inc’s PE and PEG Ratio

Forward PE

5.015

Trailing PE

18.7895

PEG

5.256

Its diluted EPS in the last 12-months stands at $0.76 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 $1.86 per share, indicating a yield of 14.07% and a payout ratio of 97.71%.

Balance sheet and cash flow metrics

Total Assets

$1.19 billion

Total Liabilities

$48.44 million

Operating Cash Flow

$0

Capital Expenditure

$1.13 million

Dividend Payout Ratio

97.71%

Trinity Capital Inc ended 2024 with $1.19 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.19 billion while shareholder equity stood at $482.00 million.

Trinity Capital Inc ended 2024 with $0 in deferred long-term liabilities, $48.44 million in other current liabilities, 37000.00 in common stock, $-14867000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $12.27 million and cash and short-term investments were $12.27 million. The company’s total short-term debt was $48,437,000 while long-term debt stood at $0.

Trinity Capital Inc’s total current assets stands at $24.39 million while long-term investments were $1.15 billion and short-term investments were $0. Its net receivables were $12.12 million compared to accounts payable of $35.25 million and inventory worth $0.

In 2024, Trinity Capital Inc's operating cash flow was $0 while its capital expenditure stood at $1.13 million.

Comparatively, Trinity Capital Inc paid $0.98 in dividends in 2024.

Other key metrics

Current Trading Price

$14.25

52-Week High

$15.37

52-Week Low

$8.9792

Analyst Target Price

$15.13

Trinity Capital Inc stock is currently trading at $14.25 per share. It touched a 52-week high of $15.37 and a 52-week low of $15.37. Analysts tracking the stock have a 12-month average target price of $15.13.

Its 50-day moving average was $14.49 and 200-day moving average was $12.38 The short ratio stood at 1.64 indicating a short percent outstanding of 0%.

Around 780.8% of the company’s stock are held by insiders while 2392.3% are held by institutions.