Trine Acquisition (Trine Acquisition) Interest Expense : $0.00 Mil (TTM As of Sep. 2020)

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What is Trine Acquisition Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Trine Acquisition's interest expense for the three months ended in Sep. 2020 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2020 was $0.00 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Trine Acquisition's Operating Income for the three months ended in Sep. 2020 was $ -3.04 Mil. Trine Acquisition's Interest Expense for the three months ended in Sep. 2020 was $ 0.00 Mil. Trine Acquisition has no long-term debt ⁽¹⁾. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Trine Acquisition Interest Expense Historical Data

The historical data trend for Trine Acquisition's Interest Expense 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 Interest Expense Chart

Trine Acquisition Annual Data

Trend

Dec18

Dec19

Interest Expense

Trine Acquisition Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Interest Expense	Get a 7-Day Free Trial			-	-	-	-	-

Trine Acquisition Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Trine Acquisition (NYSE:TRNE) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Trine Acquisition's Interest Expense for the three months ended in Sep. 2020 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2020 was $-3.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2020 was $0.00 Mil.

Trine Acquisition's Interest Coverage for the quarter that ended in Sep. 2020 is calculated as

Trine Acquisition had no long-term debt ⁽¹⁾.

The higher the ratio, the stronger the company's financial strength is.

Trine Acquisition (Trine Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trine Acquisition Corp (NYSE:TRNE) » Definitions » Interest Expense

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.