Trinity Industries Inc (TRN)

Current ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total current assets US$ in thousands 607,300 1,288,100 1,255,000 968,300 1,194,400
Total current liabilities US$ in thousands 251,700 627,700 548,500 513,800 471,100
Current ratio 2.41 2.05 2.29 1.88 2.54

December 31, 2024 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $607,300K ÷ $251,700K
= 2.41

Trinity Industries Inc's current ratio has shown fluctuations over the past five years, ranging from a low of 1.88 in December 31, 2021, to a high of 2.54 in December 31, 2020. The current ratio measures the company's ability to meet its short-term obligations with its current assets. A ratio above 1 indicates the company has more current assets than current liabilities, suggesting good liquidity. Trinity's current ratio has generally been above 2, indicating a healthy liquidity position, although it decreased to 1.88 in 2021, which might have been a temporary liquidity challenge. Overall, the trend in the current ratio suggests that Trinity Industries Inc has managed its short-term liquidity effectively over the period under review.


Peer comparison

Dec 31, 2024

Company name
Symbol
Current ratio
Trinity Industries Inc
TRN
2.41
Greenbrier Companies Inc
GBX
1.15
Westinghouse Air Brake Technologies Corp
WAB
1.30