TRINZ - NASDAQ

Trinity Capital Inc. 7.875% Notes due 2029

TRINZ·NASDAQ

$25.44

-0.020%

Financial ServicesAsset Management

Trinity Capital Inc. is a business development company. It is a venture capital firm specializing in venture debt to growth stage companies looking for loans and/or equipment financing. Trinity Capital Inc. was founded in 2019 is based in Phoenix, Arizona with additional offices in Lutherville-Timonium, Maryland, San Diego, California and Austin, Texas.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.13B

EPS1.9600

P/E Ratio12.98

Earnings Date08/05/2026

-535.50M

Operating Cash Flow

-669%

3Y-1075.0%

5Y-2687.0%

10Y-2687.0%

-785.00K

Investing Cash Flow

-100%

3Y-100.0%

5Y-100.0%

10Y-100.0%

545.77M

Financing Cash Flow

69%

3Y+173.0%

5Y+158.0%

10Y+158.0%

Trinity Capital Inc. 7.875% Notes due 2029 Cash Conversion Engine

TRINZ · NASDAQ

FCF Components

Net Income0.00

Depreciation & Amortization-55.85M

Stock-Based Compensation12.05M

Change in Working Capital4.40M

Others-496.10M

Capital Expenditures-785.00K

Free Cash Flow-535.50M

Cash Flow Quality Analysis

CapEx Intensity

-0.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-671.3%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$4.40M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Deteriorating cash generation: Both declining FCF and weak conversion rate signal fundamental challenges. Investigate margin pressure, rising costs, or working capital issues.

Trinity Capital Inc. 7.875% Notes due 2029 Cash Flow Statement

TRINZ • NASDAQ

Trinity Capital Inc. 7.875% Notes due 2029 Cash Flow Statement	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
OPERATING ACTIVITIES
Net Income	0.0	115.6M	76.9M	-1.6M	55.1M	-6.1M
Depreciation & Amortization	-55.9M	0.0	0.0	0.0	0.0	50K
Stock-Based Compensation	12M	0.0	0.0	0.0	0.0	0.0
Other Non-Cash Items	-496.1M	-23.4M	-6.9M	50.8M	-31.9M	20.7M
Change in Working Capital	4.4M	1.9M	-5.5M	5.7M	731K	6M
Cash from Operating Activities	-535.5M	94.2M	64.6M	54.9M	23.9M	20.7M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-785K	-420K	-2.7M	-194K	-1.2M	-253K
Acquisitions, Net	(0.0)	(0.0)	(0.0)	(0.0)	(0.0)	-91.7M
Purchase of Investments	-1.5B	-1.2B	-632.8M	-627.2M	-555.7M	-239.8M
Sale/Maturity of Investments	826.7M	807.9M	471.9M	336.6M	290.2M	160.9M
Other Investing Items	650.3M	0.0	0.0	0.0	0.0	0.0
Cash from Investing Activities	-785K	-411.5M	-163.6M	-290.9M	-266.8M	-170.9M
FINANCING ACTIVITIES
Net Issuance of Common Stock	290M	200.2M	149.3M	111.1M	104.8M	114.5M
Net Issuance of Debt	396.5M	228.2M	25.5M	150.9M	148.8M	107.2M
Cash Paid for Dividends	(0.0)	-102.5M	-78.8M	-61.2M	-24.9M	-10.4M
Share Repurchases	(0.0)	(0.0)	-1M	-2M	(0.0)	(0.0)
Other Financing Items	-140.7M	-3.7M	-2.8M	-1M	-138K	0.0
Cash from Financing Activities	545.8M	322.2M	93.2M	199.8M	228.5M	211.3M
CASH FLOW SUMMARY
Net Change in Cash	9.5M	4.9M	-5.9M	-36.1M	-14.4M	61.1M
Cash at Beginning of Period	9.6M	4.8M	10.6M	46.7M	61.1M	0.0
Cash at End of Period	19.1M	9.6M	4.8M	10.6M	46.7M	61.1M
Free Cash Flow	-535.5M	93.7M	61.8M	54.7M	22.7M	20.4M

SEC Filings

TRINZ - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	April 10, 2026	April 10, 2026	2026	View Filing

Showing 1 to 1 of 1 filings

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