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

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What is Trine Acquisition Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Trine Acquisition's Pre-Tax Income for the three months ended in Sep. 2020 was $-3.01 Mil. Trine Acquisition's Revenue for the three months ended in Sep. 2020 was $0.00 Mil. Therefore, Trine Acquisition's pretax margin for the quarter that ended in Sep. 2020 was %.

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

TRNE's Pretax Margin % is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 4.655
* Ranked among companies with meaningful Pretax Margin % only.

Trine Acquisition Pretax Margin % Historical Data

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

Trine Acquisition Annual Data

Trend

Dec18

Dec19

Pretax Margin %

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

Competitive Comparison of Trine Acquisition's Pretax Margin %

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

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

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

Trine Acquisition Pretax Margin % Calculation

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

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

Pretax Margin	=	Pre-Tax Income (A: Dec. 2019 )	/	Revenue (A: Dec. 2019 )
	=	3.455	/	0
	=	%

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

Pretax Margin	=	Pre-Tax Income (Q: Sep. 2020 )	/	Revenue (Q: Sep. 2020 )
	=	-3.013	/	0
	=	%

Trine Acquisition (NYSE:TRNE) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Trine Acquisition Pretax 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 » Pretax 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.