TRNONEUTRAL

TRNO Debt-to-Equity Ratio Analysis

0.21x

Updated 9h ago·SEC filings & market data

Key Takeaway

A debt-to-equity ratio of 0.22x means the company has 22 cents of debt for every $1 of shareholder equity, indicating a low reliance on borrowing to fund its real estate assets.

Sector Performance

17th percentile

TRNO

0.21x

Sector Median

0.74x

Sector Avg

2.51x

Prior Period

0.22x(Aug 2026)

↑ Improving
📊

Deep Analysis

A debt-to-equity ratio of 0.22x means the company has 22 cents of debt for every $1 of shareholder equity, indicating a low reliance on borrowing to fund its real estate assets.

This is well below the sector median of 0.74x, placing TRNO in the 10th percentile among peers, so it carries far less leverage than most similar companies. The trend data is not available: both the year-over-year change and the quarter-over-quarter change are N/A, so no directional shift can be assessed. Because the level is low but the trend is unknown, investors face limited balance-sheet risk from debt, though the lack of trend history offers no signal of improving or deteriorating leverage. This low leverage supports the overall NEUTRAL verdict, as it reduces financial distress risk without providing a reason to expect out-sized returns from debt-fueled growth.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about TRNO?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

Who are TRNO's closest peers by Debt-to-Equity Ratio?

The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

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TRNO

0.21x

Sector Median

0.74x

Sector Avg

2.51x

How TRNO's Debt-to-Equity Ratio compares to sector peers.

Not financial advice. Research tool only. Data may be delayed.