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TCCPY (TechnoPro Holdings) Financial Strength : 9 (As of Dec. 2024)


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What is TechnoPro Holdings Financial Strength?

TechnoPro Holdings has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

TechnoPro Holdings Inc shows strong financial strength.

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.

TechnoPro Holdings did not have earnings to cover the interest expense. TechnoPro Holdings's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.08. As of today, TechnoPro Holdings's Altman Z-Score is 5.96.


Competitive Comparison of TechnoPro Holdings's Financial Strength

For the Staffing & Employment Services subindustry, TechnoPro Holdings'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.


TechnoPro Holdings's Financial Strength Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, TechnoPro Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where TechnoPro Holdings's Financial Strength falls into.


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TechnoPro Holdings 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:

TechnoPro Holdings's Interest Expense for the months ended in Dec. 2024 was $1 Mil. Its Operating Income for the months ended in Dec. 2024 was $53 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $80 Mil.

TechnoPro Holdings's Interest Coverage for the quarter that ended in Dec. 2024 is

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. TechnoPro Holdings Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

TechnoPro Holdings'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
=(47.538 + 79.628) / 1575.016
=0.08

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.

TechnoPro Holdings has a Z-score of 5.96, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 5.96 is strong.

* 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.


TechnoPro Holdings  (OTCPK:TCCPY) 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.

TechnoPro Holdings has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


TechnoPro Holdings Financial Strength Related Terms

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TechnoPro Holdings Business Description

Traded in Other Exchanges
Address
Roppongi Hills Mori Tower 35th Floor, 6-10-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6135
TechnoPro Holdings Inc is a Japanese based company engaged in providing technical staffing and solutions. It provides technical services such as research and development and product development in various technical fields such as machinery, electricity, electronics, embedded control, information system, information infrastructure, plant engineering, chemistry, bio, medicine, and new materials. The company serves a range of industries such as automotive, semiconductors, telecommunications and aerospace.

TechnoPro Holdings Headlines

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