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Trust International Islamic Bank (IQS:BTRU) Financial Strength : 4 (As of . 20)


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What is Trust International Islamic Bank Financial Strength?

Trust International Islamic Bank has the Financial Strength Rank of 4.

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.

Trust International Islamic Bank did not have earnings to cover the interest expense. Altman Z-Score does not apply to banks and insurance companies.


Trust International Islamic Bank 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:

Trust International Islamic Bank's Interest Expense for the months ended in . 20 was ع.د0.00 Mil. Its Operating Income for the months ended in . 20 was ع.د0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ع.د0.00 Mil.

Trust International Islamic Bank's Interest Coverage for the quarter that ended in . 20 is

Trust International Islamic Bank 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.

Trust International Islamic Bank'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.

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.


Trust International Islamic Bank  (IQS:BTRU) 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.

Trust International Islamic Bank has the Financial Strength Rank of 4.


Trust International Islamic Bank Financial Strength Related Terms

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Trust International Islamic Bank (IQS:BTRU) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
End of 62 Street Abdulqadder Al Jazaeri Square, Alley 38, Al-Wehda district 906, Baghdad, IRQ
Trust International Islamic Bank provides financial and banking services in Iraq. The bank provides all of the financial, banking, and import buying and selling of valuable mineral and stores according to Islamic Sharia.