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Thunder Tiger (TPE:8033) Financial Strength : 4 (As of Dec. 2024)


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What is Thunder Tiger Financial Strength?

Thunder Tiger has the Financial Strength Rank of 4.

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.

Thunder Tiger did not have earnings to cover the interest expense. Thunder Tiger's debt to revenue ratio for the quarter that ended in Dec. 2024 was 0.68. As of today, Thunder Tiger's Altman Z-Score is 4.54.


Competitive Comparison of Thunder Tiger's Financial Strength

For the Leisure subindustry, Thunder Tiger'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.


Thunder Tiger's Financial Strength Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Thunder Tiger's Financial Strength distribution charts can be found below:

* The bar in red indicates where Thunder Tiger's Financial Strength falls into.


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Thunder Tiger 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:

Thunder Tiger's Interest Expense for the months ended in Dec. 2024 was NT$-7 Mil. Its Operating Income for the months ended in Dec. 2024 was NT$-20 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$378 Mil.

Thunder Tiger's Interest Coverage for the quarter that ended in Dec. 2024 is

Thunder Tiger 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.

Thunder Tiger'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
=(513.168 + 377.9) / 1301.032
=0.68

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.

Thunder Tiger has a Z-score of 4.54, indicating it is in Safe Zones. This implies the Z-Score is strong.

Good Sign:

Altman Z-score of 4.54 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.


Thunder Tiger  (TPE:8033) 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.

Thunder Tiger has the Financial Strength Rank of 4.


Thunder Tiger Financial Strength Related Terms

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


Thunder Tiger Business Description

Traded in Other Exchanges
N/A
Address
No.7, 6th Road, Industry Park, Taichung, TWN, 40755
Thunder Tiger Corp is a Taiwan-based company engaged in the manufacturing and selling of remote-controlled planes, helicopters, cars, boats, engine parts, and medical devices. Its segments include the Remote-controlled models department, Oral medical department, and the Aseptic packages department. The majority of the company's revenue is generated from the Remote-controlled models department. Geographically, America is its key revenue generating market followed by Taiwan and other regions.

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