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TRIN

Trinity Capital Inc

$15.24

Earnings Summary

Revenue
$32.51Mn
Net Profits
$15.71Mn
Net Profit Margins
48.33%
PE Ratio
3.75

Highlights

Revenue:

Trinity Capital Inc’s revenue jumped 117.23% since last year same period to $32.51Mn in the Q2 2022. On a quarterly growth basis, Trinity Capital Inc has generated 3044.84% jump in its revenue since last 3-months.

Net Profits:

Trinity Capital Inc’s net profit jumped 61.62% since last year same period to $15.71Mn in the Q2 2022. On a quarterly growth basis, Trinity Capital Inc has generated 273.35% jump in its net profits since last 3-months.

Net Profit Margins:

Trinity Capital Inc’s net profit margin fell -25.6% since last year same period to 48.33% in the Q2 2022. On a quarterly growth basis, Trinity Capital Inc has generated -94.11% fall in its net profit margins since last 3-months.

PE Ratio:

Trinity Capital Inc’s price-to-earnings ratio after this Q2 2022 earnings stands at 3.75.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Trinity Capital Inc post its latest quarter earnings

EPS Estimate Current Quarter
0.48
EPS Estimate Current Year
0.48

Highlights

EPS Estimate Current Quarter:

Trinity Capital Inc’s earning per share (EPS) estimates for the current quarter stand at 0.48 - a 11.63% jump from last quarter’s estimates.

EPS Estimate Current Year:

Trinity Capital Inc’s earning per share (EPS) estimates for the current year stand at 0.48.

Key Ratios

Key ratios of the Trinity Capital Inc post its Q2 2022 earnings

Return on Assets (ROA)
0.05
Return on Equity (ROE)
0.39
Dividend Per Share (DPS)
1.26

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Trinity Capital Inc’s return on assets (ROA) stands at 0.05.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Trinity Capital Inc’s return on equity (ROE) stands at 0.39.

Dividend Per Share (DPS):

Trinity Capital Inc declared 1.26 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
0.43
0.54
25.58%

Company Information

Trinity, an internally managed specialty lending company that has elected to be regulated as a BDC under the Investment Company Act of 1940, is a leading provider of debt and equipment financing to growth stage companies, including venture-backed companies and companies with institutional equity investors. Trinity’s investment objective is to generate current income and, to a lesser extent, capital appreciation through investments consisting primarily of term debt and equipment financings and, to a lesser extent, working capital loans, equity and equity-related investments. Trinity believes it is one of only a select group of specialty lenders that has the depth of knowledge, experience, and track record in lending to growth stage companies.

Organisation
Trinity Capital Inc
Headquarters
Phoenix, Arizona, United States
Employees
2.02K
Industry
Major Banks