Trinity Industries Inc (TRN)

Debt-to-capital ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 1,307,200 1,037,100 1,012,400 1,029,800 1,738,800
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,307,200K)
= 0.00

Trinity Industries Inc's debt-to-capital ratio has consistently been reported as 0.00 for the years ending December 31 of 2020, 2021, 2022, 2023, and 2024. This indicates that the company has no significant debt in relation to its total capital structure during these periods. A debt-to-capital ratio of 0.00 suggests that Trinity Industries Inc may be financing its operations primarily through equity rather than debt, which could potentially imply a lower financial risk profile. It's important to note that a low debt-to-capital ratio can be seen as a positive indicator of financial stability and may reflect positively on the company's ability to manage its debt obligations. However, it's also important to consider the overall financial health and future growth prospects of Trinity Industries Inc in conjunction with this ratio to gain a more comprehensive understanding of its financial position.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-capital ratio
Trinity Industries Inc
TRN
0.00
Greenbrier Companies Inc
GBX
0.00
Westinghouse Air Brake Technologies Corp
WAB
0.26