Trinity Capital (TRIN) Debt Ratio (2021 - 2026)
Trinity Capital's (TRIN) Debt Ratio came in at 0.36 for Q2 2026, up 30.2% from 0.28 a year earlier and up 28.3% from the prior quarter.
Powered by 
Analysis
Trinity Capital (TRIN) Debt Ratio (2021 - 2026) Analysis & Trends
For FY2025, Trinity Capital's Debt Ratio stood at 0.29, down 32.6% from FY2024.
- Annual Debt Ratio has declined for three consecutive years.
- In prior years, Trinity Capital's Debt Ratio was 0.43 in FY2024 (-12.5%), 0.49 in FY2023 (-10.5%), 0.55 in FY2022 (+10.7%) and 0.50 in FY2021.
- The Q2 2026 figure stands as the highest quarterly Debt Ratio since Q4 2024.
- On a year-over-year basis, Debt Ratio increased in two of the last eight quarters, with growth averaging 45.1%.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q3 2024, with growth of 512.0%; the weakest was Q2 2025, with a decline of 45.7%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.28 (Q1 2026), 0.29 (Q4 2025) and 0.31 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 0.27 |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 0.35 |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 0.45 |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 0.21 |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 0.06 |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 0.04 |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 0.24 |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Trinity Capital | 1.65 Bn | 1.58 Bn | - | 0.36 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.36 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.28 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.43 |
| Sep 30, 2024 | 0.53 |
| Jun 30, 2024 | 0.51 |
| Mar 31, 2024 | 0.52 |
| Dec 31, 2023 | 0.49 |
| Sep 30, 2023 | 0.09 |
| Jun 30, 2023 | 0.20 |
| Mar 31, 2023 | 0.16 |
| Dec 31, 2022 | 0.55 |
| Sep 30, 2022 | 0.13 |
| Dec 31, 2021 | 0.50 |
API Access
Trinity Capital Debt Ratio 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=debt-ratio&ticker=TRIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "TRIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=TRIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();