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T Stamp (T Stamp) Financial Strength : 4 (As of Dec. 2023)


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What is T Stamp Financial Strength?

T Stamp 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.

T Stamp did not have earnings to cover the interest expense. T Stamp's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.47. As of today, T Stamp's Altman Z-Score is -10.03.


Competitive Comparison of T Stamp's Financial Strength

For the Software - Application subindustry, T Stamp'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.


T Stamp's Financial Strength Distribution in the Software Industry

For the Software industry and Technology sector, T Stamp's Financial Strength distribution charts can be found below:

* The bar in red indicates where T Stamp's Financial Strength falls into.



T Stamp 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:

T Stamp's Interest Expense for the months ended in Dec. 2023 was $-0.04 Mil. Its Operating Income for the months ended in Dec. 2023 was $-2.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.01 Mil.

T Stamp's Interest Coverage for the quarter that ended in Dec. 2023 is

T Stamp did not have earnings to cover the interest expense.

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

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

T Stamp's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0.081 + 1.008) / 2.3
=0.47

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.

T Stamp has a Z-score of -10.03, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of -10.03 is in distress zone. This implies bankruptcy 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.


T Stamp  (NAS:IDAI) 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.

T Stamp has the Financial Strength Rank of 4.


T Stamp Financial Strength Related Terms

Thank you for viewing the detailed overview of T Stamp's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


T Stamp (T Stamp) Business Description

Traded in Other Exchanges
N/A
Address
3017 Bolling Way NE, Floors 1 and 2, Atlanta, GA, USA, 30305
T Stamp Inc develops and markets identity authentication software solutions for enterprise partners and peer-to-peer markets. The company is engaged in developing proprietary artificial intelligence-powered solutions; researching and leveraging biometric science, cryptography, and data mining to deliver insightful identity & trust predictions while identifying and defending against fraudulent identity attacks.
Executives
Charles Edward Potts director 1024 LOS ANGELES AVE NE, ATLANTA GA 30306
Sally R Hanna 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Andrew Carl Gowasack director, officer: President 4733, WOODLAND BROOK CT SE, ATLANTA GA 30339
Alexander Valdes officer: Chief Financial Officer 8402 ADALINA PL, ORLANDO FL 32827
Kristin Stafford director 325 MAYES FARM TRAIL, NE, MARIETTA GA 30064
William Mcclintock director 11, BEISLLEY PLACE MORTIMER DRIVE, ROMSEY, HAMPSHIRE X0 SO51 0EN
Tracy Ming officer: Financial Controller 5444 STONE COVE DRIVE SW, ATLANTA GA 30331
Joshua Allen director, officer: Executive Vice President 134A, TOWER ROAD APT 2, SLIEMA O1 SLM 1551
David Story director APOLLO HOUSE, PORTSMOUTH ROAD, HINDHEAD X0 GU26 6FQ
Gareth Neville Genner director, officer: Chief Executive Officer E5-901 FORT CAMBRIDGE, TIGNE STREET, SLIEMA O1 SLM3060
Reach Ventures 2017 Lp 10 percent owner 430 NORTH MICHIGAN AVENUE, 9TH FLOOR, CHICAGO IL 60611
Berta Pappenheim director 117 SANTA LUCIJA STREET, NAXXAR O1 NXR1503
Mark Birschbach director 430 NORTH MICHIGAN AVE NINTH FLOOR, CHICAGO IL 60611
Second Century Ventures, Llc 10 percent owner 430 N. MICHIGAN AVE., CHICAGO IL 60611

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