TPG RE Finance Trust Inc (TRTX) - Total Assets
Based on the latest financial reports, TPG RE Finance Trust Inc (TRTX) holds total assets worth $4.06 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See TRTX book value for net asset value and shareholders' equity analysis.
TPG RE Finance Trust Inc - Total Assets Trend (2015–2025)
This chart illustrates how TPG RE Finance Trust Inc's total assets have evolved over time, based on quarterly financial data.
TPG RE Finance Trust Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
TPG RE Finance Trust Inc's total assets of $4.06 Billion consist of 2.7% current assets and 97.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.0% |
| Accounts Receivable | $29.15 Million | 0.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2015–2025)
This chart illustrates how TPG RE Finance Trust Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see TPG RE Finance Trust Inc (TRTX) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TPG RE Finance Trust Inc's current assets represent 2.7% of total assets in 2025, a decrease from 8.7% in 2015.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2025, down from 5.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
TPG RE Finance Trust Inc Competitors by Total Assets
Key competitors of TPG RE Finance Trust Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Seven Hills Realty Trust
NASDAQ:SEVN
|
USA | $700.84 Million |
|
360 Capital Mortgage REIT
AU:TCF
|
Australia | AU$38.63 Million |
|
TWO HARBORS INV. DL-0001
F:2H2
|
Germany | €10.86 Billion |
|
Annaly Capital Management, Inc.
NYSE:NLY
|
USA | $135.61 Billion |
|
AGNC Investment Corp
NASDAQ:AGNC
|
USA | $115.08 Billion |
|
Starwood Property Trust Inc
NYSE:STWD
|
USA | $62.43 Billion |
|
Rithm Capital Corp.
NYSE:RITM
|
USA | $53.07 Billion |
|
Blackstone Mortgage Trust Inc
NYSE:BXMT
|
USA | $19.70 Billion |
TPG RE Finance Trust Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 110.00 | 5.43 | 225.99 |
| Quick Ratio | 110.00 | -0.01 | 225.99 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $196.43 Million | $210.16 Million | $319.04 Million |
TPG RE Finance Trust Inc - Advanced Valuation Insights
This section examines the relationship between TPG RE Finance Trust Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.64 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 18.1% |
| Total Assets | $4.41 Billion |
| Market Capitalization | $663.30 Million USD |
Valuation Analysis
Below Book Valuation: The market values TPG RE Finance Trust Inc's assets below their book value (0.15x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: TPG RE Finance Trust Inc's assets grew by 18.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TPG RE Finance Trust Inc (2015–2025)
The table below shows the annual total assets of TPG RE Finance Trust Inc from 2015 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $4.41 Billion | +18.08% |
| 2024-12-31 | $3.73 Billion | -11.46% |
| 2023-12-31 | $4.21 Billion | -24.00% |
| 2022-12-31 | $5.55 Billion | +6.27% |
| 2021-12-31 | $5.22 Billion | +6.30% |
| 2020-12-31 | $4.91 Billion | -16.70% |
| 2019-12-31 | $5.89 Billion | +30.18% |
| 2018-12-31 | $4.53 Billion | +34.91% |
| 2017-12-31 | $3.36 Billion | +25.88% |
| 2016-12-31 | $2.67 Billion | +25.75% |
| 2015-12-31 | $2.12 Billion | -- |
About TPG RE Finance Trust Inc
TPG RE Finance Trust, Inc., a commercial real estate finance company, originates, acquires, and manages commercial mortgage loans and other commercial real estate-related debt instruments in the United States. It invests in commercial mortgage loans; subordinate mortgage interests, mezzanine loans, secured real estate securities, note financing, preferred equity, and miscellaneous debt instrument… Read more