TTEC Holdings (STU:TH1) Financial Strength : 5 (As of Mar. 2024)

Competitive Comparison of TTEC Holdings's Financial Strength

For the Information Technology Services subindustry, TTEC Holdings'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.

TTEC Holdings's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, TTEC Holdings's Financial Strength distribution charts can be found below:

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

TTEC Holdings 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:

TTEC Holdings's Interest Expense for the months ended in Mar. 2024 was €-19 Mil. Its Operating Income for the months ended in Mar. 2024 was €21 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €960 Mil.

TTEC Holdings's Interest Coverage for the quarter that ended in Mar. 2024 is

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

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

TTEC Holdings's Debt to Revenue Ratio for the quarter that ended in Mar. 2024 is

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.

TTEC Holdings has a Z-score of 2.11, indicating it is in Grey Zones. This implies that TTEC Holdings is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.11 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.

TTEC Holdings  (STU:TH1) 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.

TTEC Holdings has the Financial Strength Rank of 5.

TTEC Holdings Financial Strength Related Terms

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

TTEC Holdings (STU:TH1) Business Description