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Tamerlane Ventures (Tamerlane Ventures) Financial Strength : 0 (As of Sep. 2013)


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What is Tamerlane Ventures Financial Strength?

Tamerlane Ventures 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.

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


Competitive Comparison of Tamerlane Ventures's Financial Strength

For the Other Industrial Metals & Mining subindustry, Tamerlane Ventures'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.


Tamerlane Ventures's Financial Strength Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tamerlane Ventures's Financial Strength distribution charts can be found below:

* The bar in red indicates where Tamerlane Ventures's Financial Strength falls into.



Tamerlane Ventures 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:

Tamerlane Ventures's Interest Expense for the months ended in Sep. 2013 was $-1.62 Mil. Its Operating Income for the months ended in Sep. 2013 was $-0.38 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2013 was $0.00 Mil.

Tamerlane Ventures's Interest Coverage for the quarter that ended in Sep. 2013 is

Tamerlane Ventures 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.

Tamerlane Ventures's Debt to Revenue Ratio for the quarter that ended in Sep. 2013 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2013 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(13.849 + 0) / 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.

Tamerlane Ventures 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.


Tamerlane Ventures  (OTCPK:TMLVF) 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.

Tamerlane Ventures has the Financial Strength Rank of 0.


Tamerlane Ventures Financial Strength Related Terms

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


Tamerlane Ventures (Tamerlane Ventures) Business Description

Traded in Other Exchanges
N/A
Address
441 Peace Portal Drive, Blaine, WA, USA, 98230
Tamerlane Ventures Inc is development stage mining Company engaged in the exploration and development of base metals projects, such as Pine Point lead-zinc project in the Northwest Territories in Canada and Los Pinos copper project in Peru.

Tamerlane Ventures (Tamerlane Ventures) Headlines

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