GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tronox Pigmentos do Brasil SA (BSP:CRPG5) » Definitions » Financial Strength

Tronox Pigmentos do Brasil (BSP:CRPG5) Financial Strength : 7 (As of Dec. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tronox Pigmentos do Brasil Financial Strength?

Tronox Pigmentos do Brasil has the Financial Strength Rank of 7.

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.

Tronox Pigmentos do Brasil did not have earnings to cover the interest expense. Tronox Pigmentos do Brasil's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.01. As of today, Tronox Pigmentos do Brasil's Altman Z-Score is 2.28.


Competitive Comparison of Tronox Pigmentos do Brasil's Financial Strength

For the Chemicals subindustry, Tronox Pigmentos do Brasil'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.


Tronox Pigmentos do Brasil's Financial Strength Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tronox Pigmentos do Brasil's Financial Strength distribution charts can be found below:

* The bar in red indicates where Tronox Pigmentos do Brasil's Financial Strength falls into.


;
;

Tronox Pigmentos do Brasil 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:

Tronox Pigmentos do Brasil's Interest Expense for the months ended in Dec. 2024 was R$-3.3 Mil. Its Operating Income for the months ended in Dec. 2024 was R$-2.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was R$4.4 Mil.

Tronox Pigmentos do Brasil's Interest Coverage for the quarter that ended in Dec. 2024 is

Tronox Pigmentos do Brasil did not have earnings to cover the interest expense.

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

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

Tronox Pigmentos do Brasil'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
=(6.912 + 4.387) / 767.68
=0.01

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.

Tronox Pigmentos do Brasil has a Z-score of 2.28, indicating it is in Grey Zones. This implies that Tronox Pigmentos do Brasil is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.28 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


Tronox Pigmentos do Brasil  (BSP:CRPG5) 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.

Tronox Pigmentos do Brasil has the Financial Strength Rank of 7.


Tronox Pigmentos do Brasil Financial Strength Related Terms

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


Tronox Pigmentos do Brasil Business Description

Traded in Other Exchanges
Address
Rodovia BA 099, Estrada do Coco, Camacari, BA, BRA, 42829-710
Tronox Pigmentos do Brasil SA manufactures chemical products such as titanium dioxide and sulphuric acid. Its titanium dioxide (TiO2) product is used to provide color, brightness, and opacity to a range of products, including paint, plastic, paper, eraser, and other products, as well as applications, such as ceramic, glass, leather, synthetic fiber, and color formulation for artistic paints. It also produces ilmenite, zirconite, rutile, and kyanite.

Tronox Pigmentos do Brasil Headlines

No Headlines