TPG (TPG) Financial Strength : 4 (As of Mar. 2024)

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What is TPG Financial Strength?

TPG 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.

GuruFocus does not calculate TPG's interest coverage with the available data. TPG's debt to revenue ratio for the quarter that ended in Mar. 2024 was 0.50. Altman Z-Score does not apply to banks and insurance companies.

TPG 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:

TPG's Interest Expense for the months ended in Mar. 2024 was $-21 Mil. Its Operating Income for the months ended in Mar. 2024 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,229 Mil.

TPG'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.

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

Debt to Revenue Ratio	=	Total Debt (Q: Mar. 2024 )			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0	+	1229.23)	/	2456.884
	=	0.50

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.

TPG (NAS:TPG) 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.

TPG has the Financial Strength Rank of 4.

TPG Financial Strength Related Terms

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

TPG (TPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TPG Inc (NAS:TPG) » Definitions » Financial Strength

Comparable Companies

Traded in Other Exchanges

B81:Germany B81:Germany

Address

301 Commerce Street, Suite 3300, Fort Worth, TX, USA, 76102

Website

https://www.tpg.com

TPG Inc is an alternative asset firm. It invests across five multi-product platforms namely Capital, Growth, Impact, Real Estate, and Market Solutions. TPG aims to build dynamic products and options for its clients while also instituting discipline and operational excellence across the investment and performance of its portfolio.

Executives

Gunther Bright	director	C/O WARBURG PINCUS CAPITAL CORPORATION I, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Anilu Vazquez-ubarri	director, officer: Chief Human Resources Officer	C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Tpg Group Holdings (sbs) Advisors, Llc	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Group Holdings (sbs), L.p.	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Partner Holdings, L.p.	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Ganendran Sarvananthan	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Bradford Berenson	officer: General Counsel	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Ken N. Murphy	officer: Chief Operating Officer	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Jack Weingart	director, officer: Chief Financial Officer	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Maya Chorengel	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Joann Harris	officer: Chief Compliance Officer	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David Bonderman	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Gp A, Llc	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David Trujillo	director	1455 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94103
Martin Davidson	officer: Chief Accounting Officer	C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102