Trine Acquisition (Trine Acquisition) Tax Rate % : 1.73% (As of Sep. 2020)

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What is Trine Acquisition Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Trine Acquisition's Tax Expense for the three months ended in Sep. 2020 was $-0.05 Mil. Trine Acquisition's Pre-Tax Income for the three months ended in Sep. 2020 was $-3.01 Mil. Therefore, Trine Acquisition's Tax Rate % for the quarter that ended in Sep. 2020 was 1.73%.

Trine Acquisition Tax Rate % Historical Data

The historical data trend for Trine Acquisition's Tax Rate % 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 Tax Rate % Chart

Trine Acquisition Annual Data

Trend

Dec18

Dec19

Tax Rate %

21.01

Trine Acquisition Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Tax Rate %	Get a 7-Day Free Trial			21.01	21.03	21.05	21.05	1.73

Trine Acquisition Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Trine Acquisition's Tax Rate % for the fiscal year that ended in Dec. 2019 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2019 )	/	Pre-Tax Income (A: Dec. 2019 )
	=	0.726	/	3.455
	=	21.01 %

Trine Acquisition's Tax Rate % for the quarter that ended in Sep. 2020 is calculated as

Tax Rate %	=	Tax Expense (Q: Sep. 2020 )	/	Pre-Tax Income (Q: Sep. 2020 )
	=	-0.052	/	-3.013
	=	1.73 %

Trine Acquisition Tax Rate % 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 » Tax Rate %

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.