Tatra Banka AS (XBRA:1TAT01DE) Financial Strength : 0 (As of Jun. 2024)

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What is Tatra Banka AS Financial Strength?

Tatra Banka AS 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.

GuruFocus does not calculate Tatra Banka AS's interest coverage with the available data. Altman Z-Score does not apply to banks and insurance companies.

Tatra Banka AS 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:

Tatra Banka AS's Interest Expense for the months ended in Jun. 2024 was €0.0 Mil. Its Operating Income for the months ended in Jun. 2024 was €0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €2,899.8 Mil.

Tatra Banka AS's Interest Coverage for the quarter that ended in Jun. 2024 is

GuruFocus does not calculate Tatra Banka AS's interest coverage with the available data.

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

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

Tatra Banka AS's Debt to Revenue Ratio for the quarter that ended in Jun. 2024 is

Debt to Revenue Ratio	=	Total Debt (Q: Jun. 2024 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	2899.763)	/	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.

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.

Tatra Banka AS (XBRA:1TAT01DE) 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.

Tatra Banka AS has the Financial Strength Rank of 0.

Tatra Banka AS Financial Strength Related Terms

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Tatra Banka AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tatra Banka AS (XBRA:1TAT01DE) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hodzovo Namestie 3, Bratislava, SVK, 81106

Website

http://www.tatrabanka.sk

Tatra Banka a.s is a Slovakia-based bank which provides various banking products and services. Business activity of the bank is breakdown into various segments which include Corporate Clients, Financial Institutions and Public Sector, Retail Customers, Investment Banking and Treasury, and Equity Investments and Others. The product portfolio of the company consists account and payment service, credit card facilities, loan facilities such as consumer and home loan, and saving and investment service which comprises of term deposit, passbook, investment in the mutual fund, fixed income and structured deposit. Business is primarily operated through the Slovakia region and most of the bank's revenue is derived from net interest income with the remaining coming from fees and commissions.