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Tri-Tech Holding (FRA:TTW) Financial Strength : 0 (As of Dec. 2013)


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What is Tri-Tech Holding Financial Strength?

Tri-Tech Holding 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.

Tri-Tech Holding did not have earnings to cover the interest expense. Tri-Tech Holding's debt to revenue ratio for the quarter that ended in Dec. 2013 was 0.32. As of today, Tri-Tech Holding's Altman Z-Score is 0.00.


Competitive Comparison of Tri-Tech Holding's Financial Strength

For the Waste Management subindustry, Tri-Tech Holding'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.


Tri-Tech Holding's Financial Strength Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Tri-Tech Holding's Financial Strength distribution charts can be found below:

* The bar in red indicates where Tri-Tech Holding's Financial Strength falls into.



Tri-Tech Holding 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:

Tri-Tech Holding's Interest Expense for the months ended in Dec. 2013 was €-0.30 Mil. Its Operating Income for the months ended in Dec. 2013 was €-5.79 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was €0.01 Mil.

Tri-Tech Holding's Interest Coverage for the quarter that ended in Dec. 2013 is

Tri-Tech Holding 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.

Tri-Tech Holding's Debt to Revenue Ratio for the quarter that ended in Dec. 2013 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2013 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(4.42 + 0.007) / 13.96
=0.32

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.

Tri-Tech Holding 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.


Tri-Tech Holding  (FRA:TTW) 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.

Tri-Tech Holding has the Financial Strength Rank of 0.


Tri-Tech Holding Financial Strength Related Terms

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Tri-Tech Holding (FRA:TTW) Business Description

Traded in Other Exchanges
N/A
Address
No.101 Jingshun Road, Floor 16, Tower B, Renji Plaza, Chaoyang District, Beijing, CHN, 100102
Tri-Tech Holding Inc provides consulting, engineering, procurement, construction, and technical services. It operates through the Water, Wastewater Treatment, and Municipal Infrastructure; and Industrial Pollution Control and Safety segments. The Water, Wastewater Treatment, and Municipal Infrastructure segment focus on the municipal water supply and distribution, wastewater treatment, and gray water recycling. The Industrial Pollution Control and Safety segment comprises of activities such as zero liquid discharge, multi-effect evaporation, multi-flash evaporation, as well as emissions control. The company serves the government, state-owned entities, and commercial clients. It has business presence across China, India, Middle East and the United States.

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