Triumph Group Inc (TGI)
Solvency ratios
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data for Triumph Group Inc, the solvency ratios indicate a consistent trend of zero debt-related ratios, including the Debt-to-assets ratio, Debt-to-capital ratio, Debt-to-equity ratio, and Financial leverage ratio throughout the reported periods.
A Debt-to-assets ratio of 0.00 signifies that the company has no debt in relation to its total assets, reflecting a strong solvency position. Similarly, the Debt-to-capital ratio, Debt-to-equity ratio, and Financial leverage ratio, all reported as not applicable (N/A) or zero, indicate that Triumph Group Inc is not relying on debt to finance its operations or growth.
This data suggests that Triumph Group Inc has managed its debt levels effectively, maintaining a conservative financial structure with minimal leverage. A consistent absence of debt in relation to various financial metrics demonstrates a prudent approach to managing solvency and financial risk, positioning the company favorably in terms of long-term financial stability and resilience against economic uncertainties.
Coverage ratios
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 1.38 | 1.36 | 1.04 | 0.96 | 0.86 | 0.93 | 1.06 | 1.81 | 1.91 | 1.75 | 1.78 | 0.87 | 0.72 | 0.30 | -0.13 | -0.16 | -1.62 | -1.89 | -1.36 | -1.18 |
Based on the provided data, Triumph Group Inc's interest coverage ratio has exhibited a fluctuating trend over the quarters from June 30, 2020, to March 31, 2025. The interest coverage ratio was negative in the initial quarters, indicating that the company's operating income was insufficient to cover its interest expenses.
However, from December 31, 2021, to March 31, 2025, the interest coverage ratio improved and consistently remained above 1. This suggests that Triumph Group Inc's operating income was more than sufficient to cover its interest obligations during this period.
The increasing trend in the interest coverage ratio from December 31, 2021, onward indicates a positive sign of improved financial health and reduced financial risk for the company. A ratio above 1 indicates that Triumph Group Inc is generating enough income to cover its interest expenses, signaling a more stable financial position. Nonetheless, it is essential for the company to monitor and maintain a healthy interest coverage ratio to ensure its ability to meet its interest payments in the future.