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Trinity Capital (STU:9F7) Scaled Net Operating Assets : 1.03 (As of Mar. 2024)


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What is Trinity Capital Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Trinity Capital's operating assets for the quarter that ended in Mar. 2024 was €1,285.9 Mil. Trinity Capital's operating liabilities for the quarter that ended in Mar. 2024 was €49.7 Mil. Trinity Capital's Total Assets for the quarter that ended in Dec. 2023 was €1,202.2 Mil. Therefore, Trinity Capital's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 1.03.

Trinity Capital Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Trinity Capital's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(1197.804-55.212)/1063.358
=1.07

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1202.17 - 4.366
=1197.804

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=641.738 - 586.526 - 0
=55.212

Trinity Capital's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(1285.907-49.746)/1202.17
=1.03

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1296.917 - 11.01
=1285.907

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=720.706 - 670.96 - 0
=49.746

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Trinity Capital Scaled Net Operating Assets Related Terms

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Trinity Capital (STU:9F7) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Trinity Capital Inc (STU:9F7) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
TRIN:USA
Address
1 N. 1st Street, Suite 302, Phoenix, AZ, USA, 85004
Website
https://www.trinitycap.com
Trinity Capital Inc is a closed-end, non-diversified management investment company. The company is engaged in providing debt, including loans and equipment financings, to growth-stage companies, including venture-backed companies and companies with institutional equity investors. Its equipment financings involve loans for general or specific use, including acquiring equipment, secured by the equipment or other assets of the portfolio company.