Trinity Industries (TRN) Interest Coverage Ratio (2009 - 2021)
Trinity Industries' Interest Coverage Ratio came in at 1.00 for Q1 2021, down 8.7% from 1.10 a year earlier but up 73.4% from the prior quarter.
Trinity Industries (TRN) Interest Coverage Ratio (2009 - 2021) Analysis & Trends
Over the trailing twelve months to Mar 31, 2021, Trinity Industries reported Interest Coverage Ratio of -0.81; for FY2020, it was -0.71.
- Going back by year, Interest Coverage Ratio was 1.79 in FY2019 (+1.8%), 1.76 in FY2018 (-12.2%), 2.00 in FY2017 (-24.0%) and 2.63 in FY2016 (-64.4%).
- The five-year range for quarterly Interest Coverage Ratio is -5.97 (Q2 2020) to 4.20 (Q2 2016).
- Year-over-year, Interest Coverage Ratio has declined for three consecutive quarters, with an average decline of 21.4% over the last seven quarters.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q1 2019 (growth of 29.9%), and the weakest in Q1 2017 (a decline of 67.7%).
- Business Quant data shows TRN's Interest Coverage Ratio at 0.58 (Q4 2020), 1.22 (Q3 2020) and -5.97 (Q2 2020) in the three quarters before Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 14.45 |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | - |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | - |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 36.66 |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 14.52 |
| 10 | Trinity Industries | 2.01 Bn | 1.45 Bn | 109.90 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2021 | 1.00 |
| Dec 31, 2020 | 0.58 |
| Sep 30, 2020 | 1.22 |
| Jun 30, 2020 | -5.97 |
| Mar 31, 2020 | 1.10 |
| Dec 31, 2019 | 1.73 |
| Sep 30, 2019 | 2.16 |
| Jun 30, 2019 | 1.88 |
| Mar 31, 2019 | 1.74 |
| Dec 31, 2018 | 1.94 |
| Sep 30, 2018 | 1.76 |
| Jun 30, 2018 | 2.01 |
| Mar 31, 2018 | 1.34 |
| Dec 31, 2017 | 2.48 |
| Sep 30, 2017 | 2.25 |
| Jun 30, 2017 | 1.82 |
| Mar 31, 2017 | 1.44 |
| Dec 31, 2016 | 3.62 |
| Sep 30, 2016 | 4.05 |
| Jun 30, 2016 | 4.20 |
Trinity Industries Interest Coverage 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=interest-coverage-ratio&ticker=TRN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TRN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();