Trinity Capital: Record Quarter, But Still Not Good Enough [Seeking Alpha]
Trinity Capital Inc. (TRIN)
US:NASDAQ Investor Relations:
lanb.com/home/about-us/news/2017/09/15/trinity-capital-corporation-commences-trading-on-otcqx-and-announces-dtc-eligibility
Company Research
Source: Seeking Alpha
TRIN's Q4 2023 earnings report showed strong results, but portfolio quality deteriorated with a migration to riskier loans. Despite positive core performance metrics, TRIN has consistently underperformed the market and remains a speculative investment. In this article, I elaborate on why I continue to view TRIN as a subpar and overly speculative investment after the recent earnings report. Late December last year, I issued my first article on Trinity Capital Inc. ( NASDAQ: TRIN , which focuses on providing debt and equipment financing to growth stage and smaller size companies. In terms of the typical investments, which TRIN offers to these companies, there is nothing extraordinary as the lion's share of the portfolio consists of floating rate term debt, and to some extent, also equipment financing with the equity-like investments constituting a relatively insignificant chunk of TRIN's exposure. What was something TRIN specific that distinguished the BDC from its peers was (a
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TRIN
News
- EXCLUSIVE: Trinity Capital Invests $25M in Elevate K-12 to Support Expansion of Live Online Teaching [Yahoo! Finance]Yahoo! Finance
- Trinity Capital Inc. Provides $25 Million in Growth Capital to Elevate K-12 [Yahoo! Finance]Yahoo! Finance
- Trinity Capital Inc. Provides $25 Million in Growth Capital to Elevate K-12PR Newswire
- Trinity Capital Inc. Launches Sponsor Finance Vertical with New Strategic HiresPR Newswire
- Trinity Capital: I'm Buying This 13.8% Dividend Yield From American Venture Debt (Rating Upgrade) [Seeking Alpha]Seeking Alpha
TRIN
Earnings
- 5/1/24 - Miss
TRIN
Sec Filings
- 5/1/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/26/24 - Form DEFA14A
- TRIN's page on the SEC website