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Trinity Capital (Trinity Capital) Scaled Net Operating Assets : 1.02 (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 $1,397.7 Mil. Trinity Capital's operating liabilities for the quarter that ended in Mar. 2024 was $54.1 Mil. Trinity Capital's Total Assets for the quarter that ended in Dec. 2023 was $1,311.0 Mil. Therefore, Trinity Capital's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 1.02.

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 )
=(1306.221-60.209)/1126.439
=1.11

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1310.982 - 4.761
=1306.221

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=699.823 - 639.614 - 0
=60.209

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 )
=(1397.725-54.072)/1310.982
=1.02

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1409.692 - 11.967
=1397.725

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=783.376 - 729.304 - 0
=54.072

* 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 (Trinity Capital) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Trinity Capital Inc (NAS:TRIN) » Definitions » Scaled Net Operating Assets
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Traded in Other Exchanges
9F7:Germany 9F7:Germany
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.
Executives
Kyle Steven Brown director, officer: Director, President & CIO C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Richard P Hamada director 2211 S 47TH ST, PHOENIX AZ 85034
Irma Lockridge director C/O TRINITY CAPITAL INC., 1 N. 1ST STREET, 3RD FLOOR, PHOENIX AZ 85004
Ronald E. Estes director C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Steve Louis Brown director, officer: Chairman and CEO (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Ronald Kundich officer: Senior VP (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
David Michael Lund officer: Executive VP (1) 525 UNIVERSITY AVENUE SUITE 700, PALO ALTO CA 94301
Gerald Harder officer: Senior VP (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Michael Zacharia director C/O J. C. PENNEY COMPANY, INC., 6501 LEGACY DRIVE, PLANO TX 75024
Thomas P. Majewski 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Sarah Stanton officer: General Counsel and Secretary C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Scott H Harvey officer: CCO & General Counsel C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Susan Echard officer: CFO, Treasurer & Secretary (1) C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226
Edmund G. Zito director C/O TRINITY CAPITAL INC., 3075 WEST RAY ROAD, SUITE 525, CHANDLER AZ 85226