Trine Acquisition (Trine Acquisition) FCF Yield % : 0.00 (As of May. 23, 2024)

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What is Trine Acquisition FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Trine Acquisition's Trailing 12-Month Free Cash Flow is $-2.02 Mil, and Market Cap is $929.34 Mil. Therefore, Trine Acquisition's FCF Yield % for today is 0.00%.

The historical rank and industry rank for Trine Acquisition's FCF Yield % or its related term are showing as below:

TRNE's FCF Yield % is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: -1.42
* Ranked among companies with meaningful FCF Yield % only.

Trine Acquisition's FCF Margin % for the quarter that ended in Sep. 2020 was 0.00%.

Trine Acquisition FCF Yield % Historical Data

The historical data trend for Trine Acquisition's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Trine Acquisition FCF Yield % Chart

Trine Acquisition Annual Data

Trend

Dec18

Dec19

FCF Yield %

-0.72

Trine Acquisition Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
FCF Yield %	Get a 7-Day Free Trial			-0.48	-0.48	-0.47	-0.55	-0.58

Competitive Comparison of Trine Acquisition's FCF Yield %

For the Shell Companies subindustry, Trine Acquisition's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Trine Acquisition's FCF Yield % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trine Acquisition's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Trine Acquisition's FCF Yield % falls into.

Trine Acquisition FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Trine Acquisition's FCF Yield % for the fiscal year that ended in Dec. 2019 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-2.698	/	374.436626
	=	-0.72%

Trine Acquisition's annualized FCF Yield % for the quarter that ended in Sep. 2020 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-0.589	*	4	/	405.20196
	=	-0.58%

Trine Acquisition FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Trine Acquisition FCF Yield % Related Terms

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Trine Acquisition (Trine Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trine Acquisition Corp (NYSE:TRNE) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 Lexington Avenue, 48th Floor, The Chrysler Building, New York, NY, USA, 10174

Website

https://www.trineacquisitioncorp.com

Trine Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.