Trinity Capital (TRIN) Interest Coverage Ratio (2023 - 2026)
Trinity Capital (TRIN) posted Interest Coverage Ratio of 2.88 for Q2 2026, little changed on a QoQ basis from 2.89 in Q1 2026, and down 2.74% year-over-year from 2.96 in Q2 2025.
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Analysis
Trinity Capital (TRIN) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Trinity Capital has reported Interest Coverage Ratio for 4 years, with the latest figure at 2.88 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 2.74% year-over-year to 2.88 in Q2 2026; TTM through Jun 2026 was 2.82, a 15.73% increase from a year earlier, with the FY2025 full-year figure at 2.82, up 51.15% from the prior year.
- Interest Coverage Ratio was 2.88 for Q2 2026 at Trinity Capital, roughly flat from 2.89 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 2.96 in Q2 2025, with the low at 1.19 in Q1 2024.
- Average Interest Coverage Ratio over 4 years is 2.24, with a median of 2.31 recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio plunged 41.13% in 2024, then surged 140.15% in 2025.
- Over 4 years, Interest Coverage Ratio stood at 1.69 in 2023, then surged by 42.02% to 2.41 in 2024, then climbed by 12.24% to 2.7 in 2025, then climbed by 6.68% to 2.88 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.88 (Q2 2026), 2.89 (Q1 2026), and 2.7 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Ares Capital | 14.39 Bn | 14.01 Bn | - | 1.71 |
| 2 | Blackstone Secured Lending Fund | 5.76 Bn | 5.49 Bn | - | 1.76 |
| 3 | Blue Owl Capital | 5.62 Bn | 5.38 Bn | - | 1.44 |
| 4 | Main Street Capital | 5.39 Bn | 5.33 Bn | - | 2.56 |
| 5 | Blue Owl Technology Finance | 5.20 Bn | 4.99 Bn | - | 1.28 |
| 6 | Hercules Capital | 4.68 Bn | 4.64 Bn | - | 2.98 |
| 7 | FS KKR Capital | 3.48 Bn | 3.37 Bn | - | - |
| 8 | Golub Capital Bdc | 3.38 Bn | 3.34 Bn | - | 1.40 |
| 9 | PennantPark Floating Rate Capital | 2.47 Bn | -134.94 Mn | - | 0.23 |
| 10 | Trinity Capital | 1.71 Bn | 1.69 Bn | - | 2.88 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.88 |
| Mar 31, 2026 | 2.89 |
| Dec 31, 2025 | 2.70 |
| Sep 30, 2025 | 2.79 |
| Jun 30, 2025 | 2.96 |
| Mar 31, 2025 | 2.87 |
| Dec 31, 2024 | 2.41 |
| Sep 30, 2024 | 1.45 |
| Jun 30, 2024 | 2.22 |
| Mar 31, 2024 | 1.19 |
| Dec 31, 2023 | 1.69 |
| Sep 30, 2023 | 1.56 |
| Jun 30, 2023 | 1.66 |
| Mar 31, 2023 | 2.03 |