TPG RE Finance Trust, Inc. (TRTX) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
C/O TPG CAPITAL, L.P. SAN FRANCISCO, CA 94104 |
| State of Incorp. | MD |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)Annual | Quarterly
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 261 | 320 | 40 | 75 | |||
| Cash and cash equivalents | 261 | 320 | 40 | 75 | |||
| Receivables | 96 | 0 | |||||
| Total current assets: | 261 | 320 | 136 | 75 | |||
| Noncurrent Assets | |||||||
| Other undisclosed assets | 4,957 | 4,589 | 4,391 | 3,280 | |||
| TOTAL ASSETS: | 5,218 | 4,909 | 4,527 | 3,355 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Debt | 1,162 | 1,514 | 1,494 | 1,827 | |||
| Total current liabilities: | 1,162 | 1,514 | 1,494 | 1,827 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 114 | ||||||
| Long-term debt, excluding current maturities | 114 | ||||||
| Total noncurrent liabilities: | 114 | ||||||
| Other undisclosed liabilities | 2,591 | 1,928 | 1,592 | 327 | |||
| Total liabilities: | 3,753 | 3,442 | 3,200 | 2,154 | |||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent, including: | 1,465 | 1,267 | 1,327 | 1,201 | |||
| Additional paid in capital | 1,712 | 1,560 | 1,355 | 1,216 | |||
| Accumulated other comprehensive loss | (2) | (0) | |||||
| Accumulated deficit | (247) | (293) | (26) | (15) | |||
| Other undisclosed stockholders' equity attributable to parent | 0 | 0 | 0 | 0 | |||
| Total stockholders' equity: | 1,465 | 1,267 | 1,327 | 1,201 | |||
| Other undisclosed liabilities and equity | 200 | ||||||
| TOTAL LIABILITIES AND EQUITY: | 5,218 | 4,909 | 4,527 | 3,355 | |||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|
| Revenues (Net Investment Income) | 240 | 284 | 266 | 199 | ||
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | (56) | |||||
| Gross profit: | 240 | 228 | 266 | 199 | ||
| Other operating expense, net (Other Expenses) | (38) | (40) | (34) | (28) | ||
| Operating income: | 202 | 187 | 232 | 171 | ||
| Interest and debt expense | (85) | (107) | (126) | (78) | ||
| Income from continuing operations before equity method investments, income taxes: | 117 | 80 | 106 | 93 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 23 | (217) | 1 | 2 | ||
| Income (loss) from continuing operations before income taxes: | 140 | (137) | 107 | 94 | ||
| Income tax expense | (1) | (0) | (0) | (0) | ||
| Net income (loss) attributable to parent: | 139 | (137) | 107 | 94 | ||
| Preferred stock dividends and other adjustments | (15) | (0) | (0) | |||
| Other undisclosed net loss available to common stockholders, basic | (68) | |||||
| Net income (loss) available to common stockholders, diluted: | 71 | (152) | 107 | 94 | ||
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 139 | (137) | 107 | 94 | ||
| Other comprehensive loss | (1) | (2) | (1) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 139 | (138) | 105 | 93 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.