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Technojet Consultants (BOM:509917) Financial Strength : 0 (As of . 20)


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What is Technojet Consultants Financial Strength?

Technojet Consultants has the Financial Strength Rank of 0.

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.

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


Competitive Comparison of Technojet Consultants's Financial Strength

For the Electrical Equipment & Parts subindustry, Technojet Consultants'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.


Technojet Consultants's Financial Strength Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Technojet Consultants's Financial Strength distribution charts can be found below:

* The bar in red indicates where Technojet Consultants's Financial Strength falls into.



Technojet Consultants 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:

Technojet Consultants'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.

Technojet Consultants's Interest Coverage for the quarter that ended in . 20 is

Technojet Consultants 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.

Technojet Consultants'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.

Technojet Consultants 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.


Technojet Consultants  (BOM:509917) 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.

Technojet Consultants has the Financial Strength Rank of 0.


Technojet Consultants Financial Strength Related Terms

Thank you for viewing the detailed overview of Technojet Consultants's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Technojet Consultants (BOM:509917) Business Description

Traded in Other Exchanges
N/A
Address
Pandurang Budhkar Marg, C-1, Wadia International Center, Worli, Mumbai, MH, IND, 400025
Technojet Consultants Ltd manufactures digital electronics products. It is engaged in the business of provision of technical know-how or rendering of services in connection with the provision of technical know-how. It produces static voltage regulators and dental curing lights. The product of the Company is Curex Lite, a Visible Light Curing Unit.

Technojet Consultants (BOM:509917) Headlines

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