Trinet Group (Trinet Group) Debt-to-Equity

: 14.58 (As of Dec. 2023)

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Trinet Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $123 Mil. Trinet Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,014 Mil. Trinet Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $78 Mil. Trinet Group's debt to equity for the quarter that ended in Dec. 2023 was 14.58.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Trinet Group's Debt-to-Equity or its related term are showing as below:

TNET' s Debt-to-Equity Range Over the Past 10 Years
Min: -21.16 Med: 1.03 Max: 61.12
Current: 14.58

During the past 13 years, the highest Debt-to-Equity Ratio of Trinet Group was 61.12. The lowest was -21.16. And the median was 1.03.

TNET's Debt-to-Equity is ranked worse than
99.68% of 930 companies
in the Business Services industry
Industry Median: 0.4 vs TNET: 14.58

Trinet Group Debt-to-Equity Historical Data

The historical data trend for Trinet Group's Debt-to-Equity can be seen below:

* 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.

* Premium members only.

Trinet Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.96

0.71

0.62

0.71

14.58

Trinet Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.71	1.02	0.60	113.60	14.58

Competitive Comparison

For the Staffing & Employment Services subindustry, Trinet Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Trinet Group Debt-to-Equity Distribution

For the Business Services industry and Industrials sector, Trinet Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Trinet Group's Debt-to-Equity falls into.

Trinet Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trinet Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(123	+	1014)	/	78
	=	14.58

Trinet Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(123	+	1014)	/	78
	=	14.58

Trinet Group (NYSE:TNET) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Trinet Group Debt-to-Equity Related Terms

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Trinet Group (Trinet Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Trinet Group Inc (NYSE:TNET) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TN3:Germany TN3:Germany

Address

One Park Place, Suite 600, Dublin, CA, USA, 94568

Website

https://www.trinet.com

TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.

Executives

Alexander G. Warren	officer: SVP, CHIEF REVENUE OFFICER	ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Burton M. Goldfield	director, officer: PRESIDENT, CEO and DIRECTOR	ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Ralph A. Clark	director	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Samantha Wellington	officer: SVP, CLO & SECRETARY	ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Kelly L Tuminelli	officer: EVP & CHIEF FINANCIAL OFFICER	TRINET GROUP, INC., ONE PARK PLACE, STE 600, DUBLIN CA 94568
L.p. Agi-t,	director, 10 percent owner	40 MORRIS AVENUE, BRYN MAWR PA 19010
Paul Edward Chamberlain	director	C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Jonathan D. Lee	officer: PRINCIPAL ACCOUNTING OFFICER	ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Jayaraman Venkataramani	officer: CHIEF DIGITAL & INNOV OFFICER	ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
H Raymond Bingham	director	2655 SEELY AVE, SAN JOSE CA 95134
Martin Babinec	director	TRINET GROUP INC., ONE PARK PLACE., STE. 600, DUBLIN CA 94568
Wayne B Lowell	director	3061 ZANKER ROAD, SAN JOSE CA 95134
Olivier Kohler	officer: SVP, CHIEF OPERATING OFFICER	ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Myrna Soto	director	ONE ENERGY PLAZA, JACKSON MI 49201
Katherine August-dewilde	director	ONE PARK PLACE, SUITE 600, DUBLIN CA 94568