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0 -0.000661594442606668 -0.00132318888521334 0 -0.000330797221303275 0.0023155805491234 0.0023155805491234 0.0023155805491234
Stock impact report

Trinity Capital: 102% Coverage, Strong Growth, Moderate Premium [Seeking Alpha]

Trinity Capital Inc. (TRIN) 
Company Research Source: Seeking Alpha
TRIN fully covers its $0.51 dividend with net investment income, maintaining a 102% coverage ratio and only 1.0% of loans on non-accrual. The BDC's accrual stats are comparable to those of high-quality tech BDC, Hercules Capital. TRIN shares are trading slightly above the 3-year average P/NAV ratio. I would consider purchasing below my fair value estimate of $14.70/share. ryasick/E+ via Getty Images Trinity Capital Inc. ( TRIN ) is tech-oriented investment firm that is making variable rate first lien investments in U.S. middle market companies, and the BDC has had strong achievements so far in 2025 in terms of growing This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of HTGC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whos Show less Read more
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