Trinity Capital (TRIN) Debt Ratio (2021 - 2026)
Trinity Capital (TRIN) posted Debt Ratio of 0.51 for Q2 2026, up 31.82% on a QoQ basis from 0.39 in Q1 2026, and up 51.28% year-over-year from 0.34 in Q2 2025.
Analysis
Trinity Capital (TRIN) Debt Ratio (2021 - 2026) Analysis & Trends
Trinity Capital has reported Debt Ratio for 6 years, with the latest figure at 0.51 in Q2 2026.
- On a quarterly basis, Debt Ratio rose 51.28% year-over-year to 0.51 in Q2 2026; TTM through Jun 2026 was 0.51, a 51.28% increase from a year earlier, with the FY2025 full-year figure at 0.42, down 40.79% from the prior year.
- Debt Ratio was 0.51 for Q2 2026 at Trinity Capital, up from 0.39 in the prior quarter.
- The five-year high for Debt Ratio was 0.71 in Q4 2024, with the low at 0.29 in Q2 2023.
- Average Debt Ratio over 5 years is 0.48, with a median of 0.42 recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio surged 104.92% in 2024, then slumped 41.72% in 2025.
- Over 5 years, Debt Ratio stood at 0.69 in 2022, then fell by 14.08% to 0.6 in 2023, then gained by 18.19% to 0.71 in 2024, then plunged by 40.79% to 0.42 in 2025, then gained by 21.62% to 0.51 in 2026.
- The last three Debt Ratio figures came in at 0.51 (Q2 2026), 0.39 (Q1 2026), and 0.42 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 0.52 |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 0.55 |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | 0.51 |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | 0.43 |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 0.48 |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | 0.50 |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | 0.54 |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | 0.54 |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | 0.24 |
| 10 | Trinity Capital | 1.71 Bn | 1.69 Bn | - | 0.51 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.51 |
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.42 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.34 |
| Mar 31, 2025 | 0.42 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | 0.58 |
| Mar 31, 2024 | 0.64 |
| Dec 31, 2023 | 0.60 |
| Sep 30, 2023 | 0.38 |
| Jun 30, 2023 | 0.29 |
| Mar 31, 2023 | 0.31 |
| Dec 31, 2022 | 0.69 |
| Sep 30, 2022 | 0.36 |
| Dec 31, 2021 | 0.54 |