Trinity Industries Inc (TRN)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 8,832,200 | 8,906,500 | 8,724,300 | 8,235,900 | 8,701,800 |
| Total stockholders’ equity | US$ in thousands | 1,307,200 | 1,037,100 | 1,012,400 | 1,029,800 | 1,738,800 |
| Financial leverage ratio | 6.76 | 8.59 | 8.62 | 8.00 | 5.00 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,832,200K ÷ $1,307,200K
= 6.76
Trinity Industries Inc's financial leverage ratio has experienced significant fluctuations over the past few years. The ratio increased from 5.00 in December 31, 2020, to 8.00 in December 31, 2021, and further increased to 8.62 in December 31, 2022. However, there was a slight decrease to 8.59 in December 31, 2023, followed by a decrease to 6.76 in December 31, 2024. These fluctuations indicate varying levels of debt financing relative to equity in the company's capital structure. It is important for stakeholders to closely monitor changes in the financial leverage ratio, as high levels of leverage can indicate increased financial risk and potential vulnerability to economic downturns.
Peer comparison
Dec 31, 2024