Third Cash from 2010 to 2025

THRD Stock  USD 3.55  0.02  0.57%   
Third Harmonic's Cash is increasing over the years with slightly volatile fluctuation. Cash is expected to dwindle to about 191 M. Cash is the total amount of money in the form of currency that Third Harmonic Bio has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2010-12-31
Previous Quarter
309.4 M
Current Value
191 M
Quarterly Volatility
116.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Third Harmonic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Third Harmonic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.1 K, Selling General Administrative of 24.1 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.53. Third financial statements analysis is a perfect complement when working with Third Harmonic Valuation or Volatility modules.
  
Check out the analysis of Third Harmonic Correlation against competitors.

Latest Third Harmonic's Cash Growth Pattern

Below is the plot of the Cash of Third Harmonic Bio over the last few years. Cash refers to the most liquid asset of Third Harmonic Bio, which is listed under current asset account on Third Harmonic Bio balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Third Harmonic customers. The amounts must be unrestricted with restricted cash listed in a different Third Harmonic account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Third Harmonic's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Third Harmonic's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Third Cash Regression Statistics

Arithmetic Mean79,855,819
Geometric Mean23,263,866
Coefficient Of Variation145.77
Mean Deviation98,420,876
Median8,277,000
Standard Deviation116,404,637
Sample Variance13550T
Range301.2M
R-Value0.78
Mean Square Error5791.7T
R-Squared0.60
Significance0.0004
Slope18,955,608
Total Sum of Squares203250.6T

Third Cash History

2025191 M
2024309.4 M
2023269.1 M
2022288.9 M
2021128.3 M

Other Fundumenentals of Third Harmonic Bio

Third Harmonic Cash component correlations

About Third Harmonic Financial Statements

Third Harmonic stakeholders use historical fundamental indicators, such as Third Harmonic's Cash, to determine how well the company is positioned to perform in the future. Although Third Harmonic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Third Harmonic's assets and liabilities are reflected in the revenues and expenses on Third Harmonic's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Third Harmonic Bio. Please read more on our technical analysis and fundamental analysis pages.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Third Harmonic Bio is a strong investment it is important to analyze Third Harmonic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Third Harmonic's future performance. For an informed investment choice regarding Third Stock, refer to the following important reports:
Check out the analysis of Third Harmonic Correlation against competitors.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Third Harmonic. If investors know Third will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Third Harmonic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.97)
Return On Assets
(0.11)
Return On Equity
(0.14)
The market value of Third Harmonic Bio is measured differently than its book value, which is the value of Third that is recorded on the company's balance sheet. Investors also form their own opinion of Third Harmonic's value that differs from its market value or its book value, called intrinsic value, which is Third Harmonic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Third Harmonic's market value can be influenced by many factors that don't directly affect Third Harmonic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Third Harmonic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Third Harmonic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Third Harmonic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.