Trine Acquisition (Trine Acquisition) Scaled Net Operating Assets : 0.96 (As of Sep. 2020)

View and export this data going back to 2019. Start your Free Trial

What is Trine Acquisition Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Trine Acquisition's operating assets for the quarter that ended in Sep. 2020 was $305.76 Mil. Trine Acquisition's operating liabilities for the quarter that ended in Sep. 2020 was $13.18 Mil. Trine Acquisition's Total Assets for the quarter that ended in Jun. 2020 was $305.80 Mil. Therefore, Trine Acquisition's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2020 was 0.96.

Trine Acquisition Scaled Net Operating Assets Historical Data

The historical data trend for Trine Acquisition's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Trine Acquisition Annual Data

Trend

Dec18

Dec19

Scaled Net Operating Assets

0.50

902.28

Trine Acquisition Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Scaled Net Operating Assets	Get a 7-Day Free Trial			0.97	0.97	0.97	0.97	0.96

Competitive Comparison of Trine Acquisition's Scaled Net Operating Assets

For the Shell Companies subindustry, Trine Acquisition's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trine Acquisition's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Trine Acquisition's Scaled Net Operating Assets falls into.

Trine Acquisition Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Trine Acquisition's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2019 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2019 )
=	(Operating Assets (A: Dec. 2019 )	-	Operating Liabilities (A: Dec. 2019 ))	/	Total Assets (A: Dec. 2018 )
=	(304.986	-	10.844)	/	0.326
=	902.28

where

	Operating Assets		(A: Dec. 2019 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	305.125	-	0.139
=	304.986

	Operating Liabilities		(A: Dec. 2019 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	10.844	-	0	-	0
=	10.844

Trine Acquisition's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2020 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2020 )
=	(Operating Assets (Q: Sep. 2020 )	-	Operating Liabilities (Q: Sep. 2020 ))	/	Total Assets (Q: Jun. 2020 )
=	(305.758	-	13.181)	/	305.803
=	0.96

where

	Operating Assets		(Q: Sep. 2020 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	305.846	-	0.088
=	305.758

	Operating Liabilities		(Q: Sep. 2020 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	14.466	-	0	-	1.285
=	13.181

Trine Acquisition Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Trine Acquisition's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Trine Acquisition (Trine Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trine Acquisition Corp (NYSE:TRNE) » Definitions » Scaled Net Operating Assets

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.