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Tarai Foods (BOM:519285) Financial Strength : 4 (As of Dec. 2024)


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What is Tarai Foods Financial Strength?

Tarai Foods has the Financial Strength Rank of 4.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and 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.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

GuruFocus does not calculate Tarai Foods's interest coverage with the available data. As of today, Tarai Foods's Altman Z-Score is 0.00.


Competitive Comparison of Tarai Foods's Financial Strength

For the Farm Products subindustry, Tarai Foods'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.


Tarai Foods's Financial Strength Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tarai Foods's Financial Strength distribution charts can be found below:

* The bar in red indicates where Tarai Foods's Financial Strength falls into.


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Tarai Foods 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:

Tarai Foods's Interest Expense for the months ended in Dec. 2024 was ₹0.00 Mil. Its Operating Income for the months ended in Dec. 2024 was ₹-1.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₹27.30 Mil.

Tarai Foods's Interest Coverage for the quarter that ended in Dec. 2024 is

GuruFocus does not calculate Tarai Foods's interest coverage with the available data.

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

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

Tarai Foods's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 27.3) / 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.

Tarai Foods 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.


Tarai Foods  (BOM:519285) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Tarai Foods has the Financial Strength Rank of 4.


Tarai Foods Financial Strength Related Terms

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


Tarai Foods Business Description

Traded in Other Exchanges
N/A
Address
Sandhu Farms, Village Fazilpur Meharola, P.O. Box No. 18, District Udham Singh Nagar, Rudrapur, UT, IND, 263153
Tarai Foods Ltd is engaged in food processing. It manufactures frozen fruits and vegetables using the Individual Quick Frozen (IQF) freezing technology. Its products include frozen peas, frozen sweet corn, frozen mixed vegetables, and fresh, frozen, and canned mushrooms.

Tarai Foods Headlines

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