Therma Financial Statements From 2010 to 2025
| THRM Stock | CAD 0.03 0.00 0.00% |
Check Therma Bright financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Therma Bright's main balance sheet or income statement drivers, such as , as well as many indicators such as . Therma financial statements analysis is a perfect complement when working with Therma Bright Valuation or Volatility modules.
Therma |
Therma Bright Company Return On Equity Analysis
Therma Bright's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Therma Bright Return On Equity | -1.57 |
Most of Therma Bright's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Therma Bright is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Therma Bright has a Return On Equity of -1.5681. This is 93.46% lower than that of the Health Care Equipment & Supplies sector and 95.7% lower than that of the Health Care industry. The return on equity for all Canada stocks is notably higher than that of the company.
Therma Bright Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Therma Bright's current stock value. Our valuation model uses many indicators to compare Therma Bright value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Therma Bright competition to find correlations between indicators driving Therma Bright's intrinsic value. More Info.Therma Bright is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Therma Bright's earnings, one of the primary drivers of an investment's value.About Therma Bright Financial Statements
Therma Bright investors use historical fundamental indicators, such as Therma Bright's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Therma Bright. Please read more on our technical analysis and fundamental analysis pages.
Therma Bright Inc. develops and markets thermal therapy technology that provides topical relief to skin irritations resulting from insect bites, stings, and prevention of cold sores. Therma Bright Inc. was incorporated in 2001 and is based in Toronto, Canada. THERMA BRIGHT operates under Biotechnology classification in Canada and is traded on TSX Venture Exchange.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Therma Stock Analysis
When running Therma Bright's price analysis, check to measure Therma Bright's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Therma Bright is operating at the current time. Most of Therma Bright's value examination focuses on studying past and present price action to predict the probability of Therma Bright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Therma Bright's price. Additionally, you may evaluate how the addition of Therma Bright to your portfolios can decrease your overall portfolio volatility.