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Tamex Obiekty Sportowe (WAR:TOS) Financial Strength : 8 (As of Mar. 2024)


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What is Tamex Obiekty Sportowe Financial Strength?

Tamex Obiekty Sportowe has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.

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.

Tamex Obiekty Sportowe's Interest Coverage for the quarter that ended in Mar. 2024 was 4.28. Tamex Obiekty Sportowe's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.00. As of today, Tamex Obiekty Sportowe's Altman Z-Score is 0.00.


Competitive Comparison of Tamex Obiekty Sportowe's Financial Strength

For the Engineering & Construction subindustry, Tamex Obiekty Sportowe'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.


Tamex Obiekty Sportowe's Financial Strength Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tamex Obiekty Sportowe's Financial Strength distribution charts can be found below:

* The bar in red indicates where Tamex Obiekty Sportowe's Financial Strength falls into.


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Tamex Obiekty Sportowe 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:

Tamex Obiekty Sportowe's Interest Expense for the months ended in Mar. 2024 was zł-0.1 Mil. Its Operating Income for the months ended in Mar. 2024 was zł0.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł0.0 Mil.

Tamex Obiekty Sportowe's Interest Coverage for the quarter that ended in Mar. 2024 is

Interest Coverage=-1*Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*0.62/-0.145
=4.28

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

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

Tamex Obiekty Sportowe's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Mar. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.178 + 0) / 68.004
=0.00

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.

Tamex Obiekty Sportowe 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.


Tamex Obiekty Sportowe  (WAR:TOS) 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.

Tamex Obiekty Sportowe has the Financial Strength Rank of 8. It shows strong financial strength and is unlikely to fall into distressed situations.


Tamex Obiekty Sportowe Financial Strength Related Terms

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Tamex Obiekty Sportowe Business Description

Traded in Other Exchanges
N/A
Address
Ulica Rydygiera 8 / 3a, Warsaw, POL, 01-793
Tamex Obiekty Sportowe SA is a general contractor of sports facilities. It builds, designs and equips sports facilities with various applications and functionalities. The company is engaged in the construction of football fields, stadiums, tennis courts, running tracks, sports fields, multi-functional and designed for field hockey, halls and other sports facilities.

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