Skylon Growth &ome Trust (TSX:SKG.UN) Pretax Margin %: 105.59% (As of Dec. 2018)

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TSX:SKG.UN Skylon Growth & Income Trust TSX:SKG.UN
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What is Skylon Growth &ome Trust Pretax Margin %?

Skylon Growth &ome Trust TSX:SKG.UN 10 Pretax Margin % is 105.59% as of Dec. 2018. GuruFocus rates TSX:SKG.UN with a GF Score™ of 10/100.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Skylon Growth &ome Trust's Pre-Tax Income for the six months ended in Dec. 2018 was C$-3.42 Mil. Skylon Growth &ome Trust's Revenue for the six months ended in Dec. 2018 was C$-3.24 Mil. Therefore, Skylon Growth &ome Trust's pretax margin for the quarter that ended in Dec. 2018 was 105.59%.

The historical rank and industry rank for Skylon Growth &ome Trust's Pretax Margin % or its related term are showing as below:


TSX:SKG.UN's Pretax Margin % is not ranked *
in the Asset Management industry.
Industry Median: 90.8
* Ranked among companies with meaningful Pretax Margin % only.

Skylon Growth &ome Trust  (TSX:SKG.UN) 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.


Skylon Growth &ome Trust Pretax Margin % Related Terms


Skylon Growth &ome Trust Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Skylon Growth &ome Trust'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.

Skylon Growth &ome Trust Pretax Margin % Chart

Skylon Growth &ome Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.21 32.33 88.66 90.75 115.32

Skylon Growth &ome Trust Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 94.05 86.35 93.13 73.71 105.59

TSX:SKG.UN vs OHAI, MN: Pretax Margin % Comparison

For the Asset Management subindustry, Skylon Growth &ome Trust'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.


Skylon Growth &ome Trust Pretax Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Skylon Growth &ome Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Skylon Growth &ome Trust's Pretax Margin % falls into.


TSX:SKG.UN
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Skylon Growth & Income Trust TSX:SKG.UN
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Skylon Growth &ome Trust 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.

Skylon Growth &ome Trust's Pretax Margin for the fiscal year that ended in Dec. 2018 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2018 )/Revenue (A: Dec. 2018 )
=-2.86/-2.48
=115.32 %

Skylon Growth &ome Trust's Pretax Margin for the quarter that ended in Dec. 2018 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2018 )/Revenue (Q: Dec. 2018 )
=-3.418/-3.237
=105.59 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of 105.59% mean?
Skylon Growth &ome Trust (TSX:SKG.UN) has a Pretax Margin % of 105.59% as of Dec. 2018. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Skylon Growth &ome Trust and its competitors.
Is Skylon Growth &ome Trust's Pretax Margin % too high?
Skylon Growth &ome Trust's current Pretax Margin % is 105.59%. The Asset Management industry median Pretax Margin % is 90.80. Skylon Growth &ome Trust's value of 105.59% is 16.3% above this industry median. Overall, Skylon Growth &ome Trust has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Skylon Growth &ome Trust's Pretax Margin % compare to OHAI and MN?
Skylon Growth &ome Trust's Pretax Margin % of 105.59% can be compared against companies in the Asset Management industry. The industry median Pretax Margin % is 90.80. Skylon Growth &ome Trust's value of 105.59% is 16.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for an Asset Management company?
The median Pretax Margin % among Asset Management companies is 90.80, based on 1,566 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Skylon Growth &ome Trust's current Pretax Margin % of 105.59% is 16.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Skylon Growth &ome Trust and its competitors. For the Asset Management industry, the median Pretax Margin % is 90.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skylon Growth &ome Trust's current Pretax Margin % is 105.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skylon Growth &ome Trust stock overvalued right now?
Skylon Growth &ome Trust (TSX:SKG.UN) has a current Pretax Margin % of 105.59%. The current Pretax Margin % is 105.59% and 16.3% above the Asset Management industry median of 90.80. Skylon Growth &ome Trust's overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Skylon Growth &ome Trust (TSX:SKG.UN), the current Pretax Margin % is 105.59% as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Skylon Growth &ome Trust Business Description

Address 2 Queen Street East, Twentieth Floor, Toronto, ON, CAN, M5C 3G7
Skylon Growth & Income Trust is an investment trust. Its objective is providing holders of Units with monthly distributions; endeavouring to preserve capital throughout the life of the Trust; enhancing the long-term total return of the Portfolio. The investment involves an active asset allocation investment approach focused on diversification among various asset classes including income funds, high yield debt, dividend paying common shares, other common shares, other securities and cash.
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