Trine Acquisition (Trine Acquisition) Net Margin % : 0.00% (As of Sep. 2020)

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What is Trine Acquisition Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Trine Acquisition's Net Income for the three months ended in Sep. 2020 was $-2.96 Mil. Trine Acquisition's Revenue for the three months ended in Sep. 2020 was $0.00 Mil. Therefore, Trine Acquisition's net margin for the quarter that ended in Sep. 2020 was 0.00%.

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

TRNE's Net Margin % is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 3.17
* Ranked among companies with meaningful Net Margin % only.

Trine Acquisition Net Margin % Historical Data

The historical data trend for Trine Acquisition's Net Margin % 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 Net Margin % Chart

Trine Acquisition Annual Data

Trend

Dec18

Dec19

Net Margin %

Trine Acquisition Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Net Margin %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Trine Acquisition's Net Margin %

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

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

* The bar in red indicates where Trine Acquisition's Net Margin % falls into.

Trine Acquisition Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Trine Acquisition's Net Margin for the fiscal year that ended in Dec. 2019 is calculated as

Net Margin	=	Net Income (A: Dec. 2019 )	/	Revenue (A: Dec. 2019 )
	=	2.729	/	0
	=	%

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

Net Margin	=	Net Income (Q: Sep. 2020 )	/	Revenue (Q: Sep. 2020 )
	=	-2.961	/	0
	=	%

Trine Acquisition (NYSE:TRNE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Trine Acquisition Net Margin % 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 » Net Margin %

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.