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Time To ACT (AQSE:TTA) Financial Strength : 3 (As of . 20)


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What is Time To ACT Financial Strength?

Time To ACT has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Time To ACT PLC displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Time To ACT did not have earnings to cover the interest expense. As of today, Time To ACT's Altman Z-Score is 0.00.


Competitive Comparison of Time To ACT's Financial Strength

For the Conglomerates subindustry, Time To ACT's Financial Strength, along with its competitors' market caps and Financial Strength 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.


Time To ACT's Financial Strength Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Time To ACT's Financial Strength distribution charts can be found below:

* The bar in red indicates where Time To ACT's Financial Strength falls into.



Time To ACT Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Time To ACT's Interest Expense for the months ended in . 20 was £0.00 Mil. Its Operating Income for the months ended in . 20 was £0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was £0.00 Mil.

Time To ACT's Interest Coverage for the quarter that ended in . 20 is

Time To ACT had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Time To ACT's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 0
=N/A

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Time To ACT has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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.


Time To ACT  (AQSE:TTA) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Time To ACT has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Time To ACT Financial Strength Related Terms

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Time To ACT Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Level Q, Surtees Business Park, Stockton-On-Tees, Durham, GBR, TS18 3HR
Time To ACT PLC is a company whose principal activity is that of an operating parent company. It is an engineering business focused on technology in the energy transition sector. It has two principal operating divisions which includes Diffusion Alloys and GreenSpur. Time To ACT acts as the holding company for the Group provides strategic and operational support to the operating companies, and also capital to enable their growth.

Time To ACT Headlines

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