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TripBorn Financial Strength

: 0 (As of Dec. 2020)
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TripBorn 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.

TripBorn did not have earnings to cover the interest expense. TripBorn's debt to revenue ratio for the quarter that ended in Dec. 2020 was 1.53. As of today, TripBorn's Altman Z-Score is 0.00.


Competitive Comparison

For the Lodging subindustry, TripBorn'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.

   

TripBorn Financial Strength Distribution

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

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



TripBorn 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:

TripBorn's Interest Expense for the months ended in Dec. 2020 was $-0.02 Mil. Its Operating Income for the months ended in Dec. 2020 was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $0.00 Mil.

TripBorn's Interest Coverage for the quarter that ended in Dec. 2020 is

TripBorn 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.

TripBorn's Debt to Revenue Ratio for the quarter that ended in Dec. 2020 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2020 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.705 + 0) / 0.46
=1.53

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.

TripBorn 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.


TripBorn  (OTCPK:TRRB) 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.

TripBorn has the Financial Strength Rank of 0.


TripBorn Financial Strength Related Terms

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


TripBorn Business Description

TripBorn logo
Industry
Consumer Cyclical » Travel & Leisure NAICS : 721110 SIC : 7011
Traded in Other Exchanges
N/A
Address
762 Perthshire Pl, Near Prahalad Nagar Garden, Satellite, Abingdon, MD, USA, 21009
TripBorn Inc is an online travel agency. The company offers travel reservations and related travel services to travel agents in India. The company operate as a B2B online travel agency that serves travel agents and travel companies based in India in booking travel services and products for their customers. Through its internet-based platform, travel agents can search and book domestic and international air tickets, hotels, vacation packages, rail tickets and bus tickets, as well as ancillary travel-related services and e-commerce money transfer products. The company serves approximately 6,534 agents across India.
Executives
Maxim Partners Llc 10 percent owner C/O MAXIM GROUP LLC 99 SUNNYSIDE BLVD. WOODBURY NY 11797
Mjr Holdings Llc 10 percent owner C/O MAXIM GROUP LLC 99 SUNNYSIDE BLVD. WOODBURY NY 11797
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