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Thang Long Investment Group (HSTC:TIG) Financial Strength : 0 (As of . 20)


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What is Thang Long Investment Group Financial Strength?

Thang Long Investment Group 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.

Thang Long Investment Group did not have earnings to cover the interest expense. As of today, Thang Long Investment Group's Altman Z-Score is 0.00.


Competitive Comparison of Thang Long Investment Group's Financial Strength

For the Asset Management subindustry, Thang Long Investment Group'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.


Thang Long Investment Group's Financial Strength Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thang Long Investment Group's Financial Strength distribution charts can be found below:

* The bar in red indicates where Thang Long Investment Group's Financial Strength falls into.



Thang Long Investment Group 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:

Thang Long Investment Group'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.

Thang Long Investment Group's Interest Coverage for the quarter that ended in . 20 is

Thang Long Investment Group 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.

Thang Long Investment Group'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.

Thang Long Investment Group 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.


Thang Long Investment Group  (HSTC:TIG) 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.

Thang Long Investment Group has the Financial Strength Rank of 0.


Thang Long Investment Group Financial Strength Related Terms

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Thang Long Investment Group (HSTC:TIG) Business Description

Traded in Other Exchanges
N/A
Address
Mac Thai Tong Street, Lot 3-E9 Cau Giay New Urban Area, Trung Hoa Ward Cau Giay, Hanoi, VNM
Thang Long Investment Group is an investment company. The company operates in the fields of Real Estate wherein the company has managed and owned projects. Distribution field deals with distribution of household products such as electronics and home appliances in Vietnam, and Retail field owns and develops electric bicycle chain stores and also distributes building materials for civil construction works, and transport infrastructure. It is also involved in other sectors such as tourism, trading, communication services in Vietnam. Some of the company's projects are King's Garden Resort and Villas, Vantri Ecoland Project, TIG Dai Mo Green Garden House Project, and others.

Thang Long Investment Group (HSTC:TIG) Headlines

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