Trinity Industries Inc (TRN)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,307,200K
= 0.00
Trinity Industries Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period, relying entirely on equity for its capital structure. A debt-to-equity ratio of 0.00 signifies a low level of financial risk and suggests that the company may have a conservative approach to leveraging. However, it is essential to consider other financial metrics and factors to comprehend the complete financial health and efficiency of Trinity Industries Inc.
Peer comparison
Dec 31, 2024