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TPG RE Finance Trust has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
TPG RE Finance Trust Inc displays poor financial strength. Usually, this is caused by too much debt for the company.
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.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.
GuruFocus does not calculate TPG RE Finance Trust's interest coverage with the available data. TPG RE Finance Trust's debt to revenue ratio for the quarter that ended in Dec. 2024 was 18.74. Altman Z-Score does not apply to banks and insurance companies.
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:
TPG RE Finance Trust's Interest Expense for the months ended in Dec. 2024 was $-44.3 Mil. Its Operating Income for the months ended in Dec. 2024 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $2,568.8 Mil.
TPG RE Finance Trust's Interest Coverage for the quarter that ended in Dec. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
TPG RE Finance Trust'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 | |
= | (0 | + | 2568.823) | / | 137.108 | |
= | 18.74 |
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.
Altman Z-Score does not apply to banks and insurance companies.
* 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.
TPG RE Finance Trust (NYSE:TRTX) 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.
TPG RE Finance Trust has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Thank you for viewing the detailed overview of TPG RE Finance Trust's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
Starwood Capital Group Global Ii, L.p. | 10 percent owner | 591 WEST PUTNAM AVENUE, GREENWICH CT 06830 |
Pe Holder, L.l.cc | 10 percent owner | 591 WEST PUTNAM AVENUE, GREENWICH CT 06830 |
Robert Foley | officer: CFO & Chief Risk Officer | 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106 |
Deborah J. Ginsberg | officer: Vice President & Secretary | 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106 |
Julie Hong Clayton | director | C/O TPG PACE TECH OPPORTUNITIES CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
Doug Bouquard | director, officer: Chief Executive Officer | 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106 |
Brandon C Fox | officer: Chief Accounting Officer | 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106 |
China Investment Corp | 10 percent owner | NEW POLY PLAZA, NO. 1 CHAOYANGMEN BEIDAJIE, DONGCHENG, BEIJING F4 100010 |
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Tpg Gp A, Llc | 10 percent owner | 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
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Todd Schuster | director | C/O TPG RE FINANCE TRUST, INC., 888 SEVENTH AVENUE, 35TH FLOOR, NEW YORK NY 10106 |
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