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BBHC (TRNX) Financial Strength : 0 (As of Sep. 2019)


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What is BBHC Financial Strength?

BBHC 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.

BBHC did not have earnings to cover the interest expense. BBHC's debt to revenue ratio for the quarter that ended in Sep. 2019 was 0.33. As of today, BBHC's Altman Z-Score is 0.00.


Competitive Comparison of BBHC's Financial Strength

For the Oil & Gas Integrated subindustry, BBHC'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.


BBHC's Financial Strength Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BBHC's Financial Strength distribution charts can be found below:

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



BBHC 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:

BBHC's Interest Expense for the months ended in Sep. 2019 was $-0.24 Mil. Its Operating Income for the months ended in Sep. 2019 was $-8.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $4.98 Mil.

BBHC's Interest Coverage for the quarter that ended in Sep. 2019 is

BBHC 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.

BBHC's Debt to Revenue Ratio for the quarter that ended in Sep. 2019 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2019 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2.101 + 4.975) / 21.276
=0.33

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.

BBHC 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.


BBHC  (OTCPK:TRNX) 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.

BBHC has the Financial Strength Rank of 0.


BBHC Financial Strength Related Terms

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


BBHC (TRNX) Business Description

Traded in Other Exchanges
N/A
Address
300 West Clarendon Avenue, Suite 230, Phoenix, AZ, USA, 85013
BBHC Inc, formerly Taronis Technologies Inc owns a patented plasma arc technology that enable two end use applications for fuel generation and water decontamination. The company's fuel technology enables use of hydrocarbon based waste streams to be converted to fossil fuel substitutes.
Executives
Kevin Pollack director 150 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Scott Mahoney director, officer: CEO, President & Director 4800 NORTH SCOTTSDALE ROAD SUITE 1400 SCOTTSDALE AZ 85251
Dingess, Robert L. director 150 RAINVILLE ROAD TARPON SPRINGS FL 34689
Tyler B. Wilson officer: CFO P.O. BOX 8129 ASPEN CO 81612
Staunton William W Iii director
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Carla Santilli director 90 EASTWINDS CT., PALM HARBOR FL 34683
Jacques Kerrest director 7436 OLD MAPLE SQUARE, MCLEAN VA 22102-2817
Ruggero M Santilli director, 10 percent owner 35246 US 19 NORTH N.215, PALM HARBOR FL 34684
Global Beta, Llc 10 percent owner 150 RAINVILLE ROAD, TARPON SPRINGS FL 34689

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