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Swala Oil & Gas (Tanzania) (DAR:SWALA) Financial Strength : 0 (As of . 20)


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What is Swala Oil & Gas (Tanzania) Financial Strength?

Swala Oil & Gas (Tanzania) 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.

Swala Oil & Gas (Tanzania) did not have earnings to cover the interest expense. As of today, Swala Oil & Gas (Tanzania)'s Altman Z-Score is 0.00.


Competitive Comparison of Swala Oil & Gas (Tanzania)'s Financial Strength

For the Oil & Gas E&P subindustry, Swala Oil & Gas (Tanzania)'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.


Swala Oil & Gas (Tanzania)'s Financial Strength Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Swala Oil & Gas (Tanzania)'s Financial Strength distribution charts can be found below:

* The bar in red indicates where Swala Oil & Gas (Tanzania)'s Financial Strength falls into.



Swala Oil & Gas (Tanzania) 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:

Swala Oil & Gas (Tanzania)'s Interest Expense for the months ended in . 20 was TZS0.00 Mil. Its Operating Income for the months ended in . 20 was TZS0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was TZS0.00 Mil.

Swala Oil & Gas (Tanzania)'s Interest Coverage for the quarter that ended in . 20 is

Swala Oil & Gas (Tanzania) 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.

Swala Oil & Gas (Tanzania)'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.

Swala Oil & Gas (Tanzania) 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.


Swala Oil & Gas (Tanzania)  (DAR:SWALA) 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.

Swala Oil & Gas (Tanzania) has the Financial Strength Rank of 0.


Swala Oil & Gas (Tanzania) Financial Strength Related Terms

Thank you for viewing the detailed overview of Swala Oil & Gas (Tanzania)'s Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Swala Oil & Gas (Tanzania) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Haile Selassie Road, 2nd Floor, Oyster Plaza, P.O. Box 105266, Plot No. 1196 - Oysterbay, Dar es Salaam, TZA
Swala Oil & Gas (Tanzania) PLC is an oil and gas company. The company is engaged in the exploration of oil and gas reserves with assets in Tanzania and Burundi and an active growth programme in both Africa and elsewhere. Its current exploration licences are the Kilosa-Kilombero licence in Tanzania and Block D in Burundi.

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