TRNE
Trine Acquisition Corp
Halal Rating :
Last Price
$2.19
Last updated:
Market Cap
-
7D Change
-11.69%
1 Year Change
212.63%
Company Overview
Exchange
Next Earnings Date
Trine Acquisition Corp was a special purpose acquisition company (SPAC) that merged with Desktop Metal in December 2020. Desktop Metal is now traded under the ticker 'DM' on the NYSE. As the original SPAC no longer exists independently, this report will focus on Desktop Metal (DM), which is a company that designs and manufactures 3D printing systems for mass production.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $36.41m | $69.9m | - | $-228000.0 | 0.00% | 0.33% |
| June 30, 2024 | $38.93m | $140.34m | - | $78000.0 | 0.00% | 0.06% |
| March 31, 2024 | $40.6m | $92.9m | - | $2.91m | 0.00% | 3.13% |
Company Impact
Help us evaluate Trine Acquisition Corp's impact from a halal perspective. Vote on the most significant aspect and submit any considerations that we may have missed.