TRTX (TPG RE Finance Trust) LT-Debt-to-Total-Asset: 0.75 (As of Mar. 2026)

What is TPG RE Finance Trust LT-Debt-to-Total-Asset?

TPG RE Finance Trust TRTX -0.83% 51 LT-Debt-to-Total-Asset is 0.75 as of Mar. 2026. GuruFocus rates TRTX with a GF Score™ of 51/100 and a GF Value™ of $7.93 (Fairly Valued). The stock has 4 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. TPG RE Finance Trust's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.75.

TPG RE Finance Trust's long-term debt to total assets ratio increased from Mar. 2025 (0.71) to Mar. 2026 (0.75). It may suggest that TPG RE Finance Trust is progressively becoming more dependent on debt to grow their business.

TPG RE Finance Trust (NYSE:TRTX) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

TPG RE Finance Trust LT-Debt-to-Total-Asset Related Terms

TPG RE Finance Trust LT-Debt-to-Total-Asset Historical Data

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The historical data trend for TPG RE Finance Trust's LT-Debt-to-Total-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.

TPG RE Finance Trust LT-Debt-to-Total-Asset Chart

TPG RE Finance Trust Annual Data

Trend

Dec16

Dec17

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Dec20

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Dec22

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Dec25

LT-Debt-to-Total-Asset

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0.71

0.75

0.72

0.69

0.75

TPG RE Finance Trust Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.71	0.73	0.72	0.75	0.75

51GF Score

TPG RE Finance Trust Inc TRTX

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TPG RE Finance Trust LT-Debt-to-Total-Asset Calculation

TPG RE Finance Trust's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	3289.008	/	4406.23
	=	0.75

TPG RE Finance Trust's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	3363.283	/	4472.255
	=	0.75

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.75 mean?

TPG RE Finance Trust (TRTX) has a LT-Debt-to-Total-Asset of 0.75 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on TPG RE Finance Trust and its competitors.

Is TPG RE Finance Trust's LT-Debt-to-Total-Asset too high?

TPG RE Finance Trust's current LT-Debt-to-Total-Asset is 0.75. Overall, TPG RE Finance Trust has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does TPG RE Finance Trust's LT-Debt-to-Total-Asset compare to FBRT and RWT?

TPG RE Finance Trust's LT-Debt-to-Total-Asset of 0.75 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good LT-Debt-to-Total-Asset for a REITs company?

A good LT-Debt-to-Total-Asset depends on the REITs industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on TPG RE Finance Trust and its competitors. TPG RE Finance Trust's current LT-Debt-to-Total-Asset is 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is TPG RE Finance Trust stock overvalued right now?

Based on GuruFocus' analysis, TPG RE Finance Trust (TRTX) is currently considered Fairly Valued. The stock's GF Value™ is $7.93, compared to a current price of $8.40 — trading 5.9% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.75. TPG RE Finance Trust's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For TPG RE Finance Trust (TRTX), the current LT-Debt-to-Total-Asset is 0.75 as of Mar. 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 TPG RE Finance Trust (TRTX) Overvalued in 2026?

Based on GuruFocus' analysis, TPG RE Finance Trust stock appears to be overvalued. The current stock price of $8.40 is trading 5.9% above its estimated GF Value™ of $7.93. GuruFocus considers TPG RE Finance Trust to be Fairly Valued.

Key valuation signals for TRTX:

LT-Debt-to-Total-Asset: 0.75
GF Value™: $7.93 vs. price of $8.40 (5.9% above fair value)
GF Score™: 51/100 with 4 warning signs

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

TPG RE Finance Trust Business Description

Industry Real Estate REITs

Comparable Companies FBRT RWT BRSP IVR KREF ADAM PMT CMTG MFA RC NLY AGNC STWD RITM BXMT DX ARR EFC BSP:KNCR11 ARI

Address 888 Seventh Avenue, 35th Floor, New York, NY, USA, 10106

Website https://www.tpgrefinance.com

TPG RE Finance Trust Inc is a commercial real estate finance company. It originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments consisting of first mortgage loans and senior participation interests in first mortgage loans secured by institutional-quality properties in primary and select secondary markets in the United States. The company's objective is to provide attractive risk-adjusted returns to its stockholders over time through cash distributions and capital appreciation. It focuses on directly originating and selectively acquiring floating-rate first mortgage loans that are secured by high-quality commercial real estate properties undergoing some form of transition and value creation.

51GF Score

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$8.40

Price

$7.93

GF Value

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