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Tccia Investment (DAR:TICL) Financial Strength : 2 (As of . 20)


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What is Tccia Investment Financial Strength?

Tccia Investment has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Tccia Investment PLC displays poor financial strength. Usually, this is caused by too much debt for the company.

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.

Tccia Investment did not have earnings to cover the interest expense. As of today, Tccia Investment's Altman Z-Score is 0.00.


Competitive Comparison of Tccia Investment's Financial Strength

For the Asset Management subindustry, Tccia Investment'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.


Tccia Investment's Financial Strength Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tccia Investment's Financial Strength distribution charts can be found below:

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



Tccia Investment 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:

Tccia Investment's Interest Expense for the months ended in . 20 was TZS0.00 Mil. Its Operating Income for the months ended in . 20 was TZS0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was TZS0.00 Mil.

Tccia Investment's Interest Coverage for the quarter that ended in . 20 is

Tccia Investment had no long-term debt (1).

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

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

Tccia Investment's Debt to Revenue Ratio for the quarter that ended in . 20 is

Debt to Revenue Ratio=Total Debt (Q: . 20 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=( + ) / 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.

Tccia Investment 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.


Tccia Investment  (DAR:TICL) 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.

Tccia Investment has the Financial Strength Rank of 2. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Tccia Investment Financial Strength Related Terms

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Tccia Investment (DAR:TICL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Bagamoyo road, P.O. Box 72678, PSSSF Millennium Tower II, 24th Floor, Kijitonyama, Opposite Makumbusho Village, Dar es Salaam, TZA
Tccia Investment PLC is mainly engaged in mobilizing and channelizing of financial resources from its shareholders into viable investments. The company invests in two categories including Short-term and Long-term investments in money markets, government securities, microfinance, corporate bonds, real estate, equities, and service industries.

Tccia Investment (DAR:TICL) Headlines

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