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