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
| 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 254 | 236 | 356 | 352 | 261 | 269 | 240 | ||
| Cash and cash equivalents | 254 | 236 | 356 | 352 | 261 | 269 | 240 | ||
| Total current assets: | 254 | 236 | 356 | 352 | 261 | 269 | 240 | ||
| Noncurrent Assets | |||||||||
| Regulated entity, other noncurrent assets | 9 | 11 | 13 | ||||||
| Total noncurrent assets: | 9 | 11 | 13 | ||||||
| Other undisclosed assets | 5,282 | 5,417 | 5,026 | 5,163 | 4,957 | 4,932 | 4,963 | ||
| TOTAL ASSETS: | 5,545 | 5,664 | 5,395 | 5,515 | 5,218 | 5,201 | 5,203 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Debt | 1,147 | 1,283 | 1,137 | 1,193 | 1,162 | 916 | 859 | ||
| Total current liabilities: | 1,147 | 1,283 | 1,137 | 1,193 | 1,162 | 916 | 859 | ||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 3,076 | 3,074 | 2,816 | 2,854 | 2,591 | 2,840 | 2,907 | ||
| Total liabilities: | 4,223 | 4,357 | 3,953 | 4,047 | 3,753 | 3,755 | 3,766 | ||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,322 | 1,306 | 1,442 | 1,468 | 1,465 | 1,445 | 1,437 | ||
| Common stock | 0 | 0 | 0 | 0 | |||||
| Additional paid in capital | 1,717 | 1,715 | 1,714 | 1,713 | 1,712 | 1,710 | 1,709 | ||
| Accumulated deficit | (395) | (409) | (273) | (245) | (247) | (265) | (272) | ||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Total equity: | 1,322 | 1,306 | 1,442 | 1,468 | 1,465 | 1,445 | 1,437 | ||
| TOTAL LIABILITIES AND EQUITY: | 5,545 | 5,664 | 5,395 | 5,515 | 5,218 | 5,201 | 5,203 | ||
Income Statement (P&L) ($ in millions) Annual | Quarterly
| 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Net Investment Income) | 100 | 75 | 66 | 61 | 60 | 60 | 62 | |
| Cost of revenue (Provision for Loan, Lease, and Other Losses) | 11 | (137) | (42) | (5) | (0) | |||
| Gross profit: | 111 | (61) | 24 | 56 | 60 | 60 | 62 | |
| Other operating expense, net (Other Expenses) | (10) | (10) | (15) | (10) | (10) | (9) | (9) | |
| Operating income (loss): | 101 | (71) | 9 | 46 | 50 | 50 | 53 | |
| Interest and debt expense | (65) | (45) | (28) | (23) | (22) | (21) | (22) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | 36 | (116) | (19) | 24 | 28 | 29 | 31 | |
| Other undisclosed income from continuing operations before income taxes | 1 | 1 | 14 | 0 | 17 | 0 | 2 | |
| Income (loss) from continuing operations before income taxes: | 36 | (114) | (5) | 24 | 45 | 30 | 33 | |
| Income tax expense (benefit) | (0) | (0) | (0) | (0) | 0 | (0) | (0) | |
| Income (loss) from continuing operations: | 36 | (115) | (5) | 24 | 45 | 29 | 32 | |
| Income (loss) before gain (loss) on sale of properties: | ✕ | (115) | (5) | 24 | 45 | 29 | 32 | |
| Net income (loss) attributable to parent: | 36 | (115) | (5) | 24 | 45 | 29 | 32 | |
| Other undisclosed net loss available to common stockholders, basic | (4) | (3) | (3) | (3) | (3) | (3) | (53) | |
| Net income (loss) available to common stockholders, diluted: | 33 | (118) | (9) | 20 | 41 | 26 | (21) | |
Comprehensive Income ($ in millions)Annual | Quarterly
| 12/31/2022 Q4 | 9/30/2022 Q3 | 6/30/2022 Q2 | 3/31/2022 Q1 | 12/31/2021 Q4 | 9/30/2021 Q3 | 6/30/2021 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 36 | (115) | (5) | 24 | 45 | 29 | 32 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 36 | (115) | (5) | 24 | 45 | 29 | 32 | |
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.