Trinity Capital TRIN
NYSE TRIN
$17.56 -0.20 (-1.13%)
At close: Sep 30, 2026 · 4:00 PM EDT

Trinity Capital (TRIN) Convertible Debt (2020 - 2024)

Updated

Trinity Capital (TRIN) reported Convertible Debt of $49.4 million for Q4 2024, up 1.3% from $48.76 million a year earlier and up 0.3% from the prior quarter.

Analysis

Trinity Capital (TRIN) Convertible Debt (2020 - 2024) Analysis & Trends

Dating back to Q4 2020, Trinity Capital's Convertible Debt record includes 13 quarters.

  • Convertible Debt has increased for three consecutive years, though with a four-year compound annual growth rate of -0.3% (FY2020 to FY2024).
  • By year, Convertible Debt came in at $48.76 million in FY2023 (+1.3%), $48.12 million in FY2022 (+1.3%), $47.49 million in FY2021 (-5.0%) and $50 million in FY2020.
  • The Q4 2024 figure ranks as the highest quarterly Convertible Debt since Q4 2020.
  • Year over year, Convertible Debt has now increased in each of the last six quarters, with growth averaging 1.3% over the last seven quarters.
  • The high point for year-over-year Convertible Debt in five years was Q1 2023 (growth of 1.3%); the low point was Q4 2021 (a decline of 5.0%).
  • Per Business Quant data, the three quarters before Q4 2024 came in at $49.24 million (Q3 2024), $49.08 million (Q2 2024) and $48.92 million (Q1 2024).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Rocket Companies 43.26 Bn 28.94 Bn -
2 Orix 42.40 Bn 42.90 Bn -
3 Royalty Pharma 33.56 Bn 33.47 Bn -
4 Federal National Mortgage Association Fannie Mae 24.47 Bn 24.47 Bn -
5 Affirm Holdings 23.34 Bn 17.03 Bn -
6 Synchrony Financial 23.06 Bn -44.91 Bn -
7 Royal Gold 19.98 Bn 19.21 Bn 390.45 Mn
8 Annaly Capital Management 14.18 Bn 5.27 Bn -
9 Ares Capital 13.71 Bn 11.15 Bn -
10 Trinity Capital 1.65 Bn 1.58 Bn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 49.40 Mn
Sep 30, 2024 49.24 Mn
Jun 30, 2024 49.08 Mn
Mar 31, 2024 48.92 Mn
Dec 31, 2023 48.76 Mn
Sep 30, 2023 48.60 Mn
Jun 30, 2023 48.44 Mn
Mar 31, 2023 48.28 Mn
Dec 31, 2022 48.12 Mn
Sep 30, 2022 47.96 Mn
Mar 31, 2022 47.64 Mn
Dec 31, 2021 47.49 Mn
Dec 31, 2020 50.00 Mn
API Access

Trinity Capital Convertible Debt API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=convertible-debt&ticker=TRIN&period=max&api_key=YOUR_API_KEY