Triumph Group Inc (TGI)

Triumph Group Inc's solvency ratios indicate a strong financial position with consistently low debt levels relative to assets. The Debt-to-assets ratio has been at 0.00 for the past five years, showcasing minimal reliance on debt to finance its operations. Additionally, the Debt-to-capital ratio, Debt-to-equity ratio, and Financial leverage ratio have been noted as not available for the same period, suggesting that the company has very little debt in its capital structure and maintains a healthy balance between debt and equity. Overall, Triumph Group Inc appears to have a solid solvency position, with ample capacity to meet its financial obligations and sustain its operations without excessive debt burden.

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Coverage ratios

Triumph Group Inc's interest coverage ratio has displayed fluctuations over the past few years. As of March 31, 2021, the ratio was negative at -1.61, indicating that the company's operating income was insufficient to cover its interest expenses. Subsequently, there was a slight improvement in the interest coverage ratio to 0.72 as of March 31, 2022, but it remained below 1, suggesting ongoing challenges in meeting interest obligations. The ratio increased further to 0.85 by March 31, 2023, and then decreased to 0.78 by March 31, 2024, indicating a continued struggle to generate enough earnings to cover interest costs. Notably, as of March 31, 2025, the interest coverage ratio dropped to 0.00, signifying that Triumph Group Inc's operating income was unable to cover its interest expenses at all during that period. Overall, the trend in Triumph Group Inc's interest coverage ratios raises concerns about its ability to manage its debt obligations effectively.