TNLIF (Trainline) Equity-to-Asset: 0.29 (As of Feb. 2026) — 31% Below Median

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TNLIF Trainline PLC TNLIF
69 GF Score
Price $3.40
GF Value $6.12
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Trainline Equity-to-Asset?

Trainline TNLIF 69 Equity-to-Asset is 0.29 as of Feb. 2026, which is 31% below its 10-year median of 0.42. GuruFocus rates TNLIF with a GF Score™ of 69/100 and a GF Value™ of $6.12 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 853 Travel & Leisure companies, Trainline ranks worse than 74.44% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trainline's Total Stockholders Equity for the quarter that ended in Feb. 2026 was $277.7 Mil. Trainline's Total Assets for the quarter that ended in Feb. 2026 was $950.6 Mil. Therefore, Trainline's Equity to Asset Ratio for the quarter that ended in Feb. 2026 was 0.29.

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

TNLIF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.42   Max: 0.53
Current: 0.29

During the past 10 years, the highest Equity to Asset Ratio of Trainline was 0.53. The lowest was 0.29. And the median was 0.42.

TNLIF's Equity-to-Asset is ranked worse than
74.44% of 853 companies
in the Travel & Leisure industry
Industry Median: 0.51 vs TNLIF: 0.29

Trainline  (OTCPK:TNLIF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Trainline Equity-to-Asset Related Terms


Trainline Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Trainline's Equity-to-Asset 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.

Trainline Equity-to-Asset Chart

Trainline Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.45 0.46 0.43 0.29

Trainline Semi-Annual Data
Feb17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Equity-to-Asset 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 0.46 0.41 0.43 0.36 0.29

TNLIF vs BKNG, ABNB, RCL: Equity-to-Asset Comparison

For the Travel Services subindustry, Trainline's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Trainline Equity-to-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trainline's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Trainline's Equity-to-Asset falls into.


TNLIF
69GF Score
Trainline PLC TNLIF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trainline Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Trainline's Equity to Asset Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Equity to Asset (A: Feb. 2026 )=Total Stockholders Equity/Total Assets
=277.675/950.618
=0.29

Trainline's Equity to Asset Ratio for the quarter that ended in Feb. 2026 is calculated as

Equity to Asset (Q: Feb. 2026 )=Total Stockholders Equity/Total Assets
=277.675/950.618
=0.29

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.29 mean?
Trainline (TNLIF) has a Equity-to-Asset of 0.29 as of Feb. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Trainline and its competitors. This is 31% below median its historical median of 0.42. Over the past decade, Trainline's Equity-to-Asset has ranged from 0.29 to 0.53. According to the industry distribution chart, Trainline ranks #635 out of 853 companies in the Travel & Leisure industry, placing it in the top 74.4%.
Is Trainline's Equity-to-Asset too high?
Trainline's current Equity-to-Asset of 0.29 is 31% below median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.53. The Travel & Leisure industry median Equity-to-Asset is 0.51. Trainline's value of 0.29 is 43.1% below this industry median. Based on the distribution chart, Trainline ranks #635 out of 853 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Trainline has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trainline's Equity-to-Asset compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Trainline ranks #635 out of 853 companies for Equity-to-Asset. This places Trainline in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Trainline's value of 0.29 is 43.1% below this benchmark. Historically, Trainline's own Equity-to-Asset has ranged from 0.29 to 0.53 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.51, Trainline has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 853 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trainline's current Equity-to-Asset of 0.29 is 43.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Trainline and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trainline's current Equity-to-Asset is 0.29, which is 31% below median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trainline stock overvalued right now?
Based on GuruFocus' analysis, Trainline (TNLIF) is currently considered Significantly Undervalued. The stock's GF Value™ is $6.12, compared to a current price of $3.40 — trading 44.4% below its estimated fair value. The current Equity-to-Asset is 0.29, which is 31% below median its 10-year median of 0.42 and 43.1% below the Travel & Leisure industry median of 0.51. Trainline's overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Trainline (TNLIF), the current Equity-to-Asset is 0.29 as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Trainline (TNLIF) Overvalued in 2026?

Based on GuruFocus' analysis, Trainline stock appears to be undervalued. The current stock price of $3.40 is trading 44.4% below its estimated GF Value™ of $6.12. GuruFocus considers Trainline to be Significantly Undervalued.

Key valuation signals for TNLIF:

  • Equity-to-Asset: 0.29 (31% below median its 10-year median of 0.42)
  • GF Value™: $6.12 vs. price of $3.40 (44.4% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 43.1% below the Travel & Leisure median (#635 of 853)

No single metric tells the full story. See the TNLIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trainline Business Description

Address 1 Stonecutter Street, London, GBR, EC4A 4AH
Trainline PLC are the main independent rail and coach travel platform selling rail and coach tickets world'wide. The Group has three operating segments UK Consumer includes Travel apps and websites for individual travellers for journeys within the UK; International Consumer includes Travel apps and websites for individual travellers for journeys outside the UK including journeys between the UK and outside the UK, and Trainline Solutions1 includes Travel portal platforms for Trainline's own branded business units, in addition to external corporates, travel management companies and whitelabel ecommerce platforms for Train Operating Companies. It generates majority of revenue from UK Consumer. It has presence in UK and Rest of world of which majority of revenue comes from UK.
69GF Score

Get the complete analysis for TNLIF

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.40
Price
$6.12
GF Value