Trinity Capital (TRIN) Non-Current Debt (2020 - 2026)
Trinity Capital's Non-Current Debt was $1.02 billion in Q2 2026, up 78.6% from $569.81 million a year earlier and up 40.8% from the prior quarter.
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Analysis
Trinity Capital (TRIN) Non-Current Debt (2020 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Debt at Trinity Capital came in at $721.76 million, down 5.6% from FY2024.
- Non-Current Debt shows a five-year compound annual growth rate of 18.4% (FY2020 to FY2025).
- In earlier years, Non-Current Debt was $764.67 million in FY2024 (+18.5%), $645.5 million in FY2023 (+4.1%), $620 million in FY2022 (+33.0%) and $466 million in FY2021 (+50.3%).
- The Q2 2026 figure marks the highest quarterly Non-Current Debt in data going back to Q4 2020.
- Compared with a year earlier, Non-Current Debt was higher in four of the last eight quarters, with growth averaging 108.4%.
- The best year-over-year quarter for Non-Current Debt over five years was Q3 2024 (growth of 822.5%); the worst was Q3 2023 (a decline of 27.3%).
- Per Business Quant data, TRIN's Non-Current Debt in the three quarters before Q2 2026 was $722.61 million (Q1 2026), $721.76 million (Q4 2025) and $693.04 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 16.64 Bn |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 35.93 Bn |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 8.58 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 3.33 Bn |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 7.52 Bn |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 395.89 Mn |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | 34.37 Bn |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Trinity Capital | 1.65 Bn | 1.58 Bn | - | 1.02 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.02 Bn |
| Mar 31, 2026 | 722.61 Mn |
| Dec 31, 2025 | 721.76 Mn |
| Sep 30, 2025 | 693.04 Mn |
| Jun 30, 2025 | 569.81 Mn |
| Mar 31, 2025 | 566.95 Mn |
| Dec 31, 2024 | 764.67 Mn |
| Sep 30, 2024 | 922.50 Mn |
| Jun 30, 2024 | 772.20 Mn |
| Mar 31, 2024 | 737.50 Mn |
| Dec 31, 2023 | 645.50 Mn |
| Sep 30, 2023 | 100.00 Mn |
| Jun 30, 2023 | 232.00 Mn |
| Mar 31, 2023 | 182.50 Mn |
| Dec 31, 2022 | 620.00 Mn |
| Sep 30, 2022 | 137.50 Mn |
| Dec 31, 2021 | 466.00 Mn |
| Dec 31, 2020 | 310.00 Mn |
API Access
Trinity Capital Non-Current 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=non-current-debt&ticker=TRIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=TRIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();