Trine Acquisition (Trine Acquisition) Total Stockholders Equity : $291.38 Mil (As of Sep. 2020)

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What is Trine Acquisition Total Stockholders Equity?

Trine Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $291.38 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Trine Acquisition's Book Value per Share for the quarter that ended in Sep. 2020 was $7.77. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Trine Acquisition's Debt-to-Equity for the quarter that ended in Sep. 2020 was 0.00.

Trine Acquisition Total Stockholders Equity Historical Data

The historical data trend for Trine Acquisition's Total Stockholders Equity 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.

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Trine Acquisition Total Stockholders Equity Chart

Trine Acquisition Annual Data

Trend

Dec18

Dec19

Total Stockholders Equity

-0.02

294.28

Trine Acquisition Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Total Stockholders Equity	Get a 7-Day Free Trial			293.61	294.28	294.52	294.34	291.38

Trine Acquisition (NYSE:TRNE) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Trine Acquisition's Book Value per Share for the quarter that ended in Sep. 2020 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(291.38	-	0)	/	37.5187
	=	7.77

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Trine Acquisition's Debt-to-Equity for the quarter that ended in Sep. 2020 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.285	+	0)	/	291.38
	=	0.00

Trine Acquisition Total Stockholders Equity 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 » Total Stockholders Equity

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.