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Thanh Le General Import - Export Trading (HSTC:TLP) Financial Strength : 3 (As of . 20)


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What is Thanh Le General Import - Export Trading Financial Strength?

Thanh Le General Import - Export Trading has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Thanh Le General Import - Export Trading Corp 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.

Thanh Le General Import - Export Trading did not have earnings to cover the interest expense. As of today, Thanh Le General Import - Export Trading's Altman Z-Score is 0.00.


Competitive Comparison of Thanh Le General Import - Export Trading's Financial Strength

For the Conglomerates subindustry, Thanh Le General Import - Export Trading'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.


Thanh Le General Import - Export Trading's Financial Strength Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Thanh Le General Import - Export Trading's Financial Strength distribution charts can be found below:

* The bar in red indicates where Thanh Le General Import - Export Trading's Financial Strength falls into.



Thanh Le General Import - Export Trading 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:

Thanh Le General Import - Export Trading's Interest Expense for the months ended in . 20 was ₫0.00 Mil. Its Operating Income for the months ended in . 20 was ₫0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was ₫0.00 Mil.

Thanh Le General Import - Export Trading's Interest Coverage for the quarter that ended in . 20 is

Thanh Le General Import - Export Trading 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.

Thanh Le General Import - Export Trading'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.

Thanh Le General Import - Export Trading 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.


Thanh Le General Import - Export Trading  (HSTC:TLP) 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.

Thanh Le General Import - Export Trading has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Thanh Le General Import - Export Trading Financial Strength Related Terms

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Thanh Le General Import - Export Trading (HSTC:TLP) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
63 Yersin, Hiep Thanh Ward, Binh Duong Province, Thu Dau Mot, VNM
Thanh Le General Import - Export Trading Corp is engaged in developing petroleum business activities, processing cashew nuts for export, manufacturing and processing shoes, building and completing infrastructure, and inviting businesses to invest in Vietnam.