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ABC Transport (NSA:ABCTRANS) Financial Strength : 0 (As of . 20)


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What is ABC Transport Financial Strength?

ABC Transport 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.

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


Competitive Comparison of ABC Transport's Financial Strength

For the Railroads subindustry, ABC Transport'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.


ABC Transport's Financial Strength Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ABC Transport's Financial Strength distribution charts can be found below:

* The bar in red indicates where ABC Transport's Financial Strength falls into.



ABC Transport 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:

ABC Transport'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.

ABC Transport's Interest Coverage for the quarter that ended in . 20 is

ABC Transport 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.

ABC Transport'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.

ABC Transport 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.


ABC Transport  (NSA:ABCTRANS) 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.

ABC Transport has the Financial Strength Rank of 0.


ABC Transport Financial Strength Related Terms

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


ABC Transport (NSA:ABCTRANS) Business Description

Traded in Other Exchanges
N/A
Address
Km 5 MCC Uratta Road, Owerri, Imo State, NGA, 1111
ABC Transport PLC is engaged in road passenger transportation. The company's services include Cargo Express and City Transit Inn. It operates in various cities like Lagos, Aba, Owerri, Port-Harcourt, Abuja, Enugu, Onitsha, Umuahia, Jos, Mbaise, Bolade, and Accra.

ABC Transport (NSA:ABCTRANS) Headlines

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