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Trinity (Trinity) Debt-to-Equity : 0.23 (As of Jun. 2020)


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What is Trinity Debt-to-Equity?

Trinity's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $87.86 Mil. Trinity's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was $26.25 Mil. Trinity's Total Stockholders Equity for the quarter that ended in Jun. 2020 was $492.95 Mil. Trinity's debt to equity for the quarter that ended in Jun. 2020 was 0.23.

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 Trinity's Debt-to-Equity or its related term are showing as below:

TRNYY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.28   Max: 0.96
Current: 0.23

During the past 12 years, the highest Debt-to-Equity Ratio of Trinity was 0.96. The lowest was 0.08. And the median was 0.28.

TRNYY's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.62 vs TRNYY: 0.23

Trinity Debt-to-Equity Historical Data

The historical data trend for Trinity'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.

Trinity Debt-to-Equity Chart

Trinity Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.48 0.72 0.28 0.24

Trinity Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.28 0.34 0.24 0.23

Competitive Comparison of Trinity's Debt-to-Equity

For the Apparel Retail subindustry, Trinity'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.


Trinity's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Trinity's Debt-to-Equity distribution charts can be found below:

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



Trinity Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trinity's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Trinity's Debt to Equity Ratio for the quarter that ended in Jun. 2020 is calculated as

* 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  (OTCPK:TRNYY) 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.


Trinity Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Trinity's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Trinity (Trinity) Business Description

Traded in Other Exchanges
N/A
Address
979 King’s Road, 39th Floor, Dorset House, Taikoo Place, Quarry Bay, Hong Kong, HKG
Trinity Ltd is an investment holding company engaged in the retailing and wholesale of premium menswear in the Chinese Mainland, Hong Kong, Macau, Taiwan, Singapore Europe, and Rest of the World.

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