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Guardian Holdings (TRN:GHL) Financial Strength : 9 (As of . 20)


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What is Guardian Holdings Financial Strength?

Guardian Holdings has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.

Good Sign:

Guardian Holdings Ltd shows strong financial strength.

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.

Guardian Holdings did not have earnings to cover the interest expense. Altman Z-Score does not apply to banks and insurance companies.


Guardian 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:

Guardian Holdings's Interest Expense for the months ended in . 20 was TTD0.00 Mil. Its Operating Income for the months ended in . 20 was TTD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was TTD0.00 Mil.

Guardian Holdings's Interest Coverage for the quarter that ended in . 20 is

Guardian Holdings 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.

Guardian Holdings'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.


Guardian Holdings  (TRN:GHL) 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.

Guardian Holdings has the Financial Strength Rank of 9. It shows strong financial strength and is unlikely to fall into distressed situations.


Guardian Holdings Financial Strength Related Terms

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Guardian Holdings (TRN:GHL) Business Description

Comparable Companies
Traded in Other Exchanges
Address
1 Guardian Drive, Westmoorings, TTO
Guardian Holdings Ltd is a holding company. Its subsidiaries provide financial services through the production, distribution & administration of insurance & investment products. Its principal operations are conducted throughout the Caribbean and in Netherland. The company also provides services namely Life and health insurance, Asset management, Trust services, General insurance and others.