Therma Bright Stock Current Asset
THRM Stock | CAD 0.03 0.01 20.00% |
Therma Bright fundamentals help investors to digest information that contributes to Therma Bright's financial success or failures. It also enables traders to predict the movement of Therma Stock. The fundamental analysis module provides a way to measure Therma Bright's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Therma Bright stock.
Non Current Assets Total is likely to climb to about 2.1 M in 2024. Other Current Assets is likely to climb to about 50.8 K in 2024. Therma | Current Asset |
Therma Bright Company Current Asset Analysis
Therma Bright's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Therma Current Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Therma Bright is extremely important. It helps to project a fair market value of Therma Stock properly, considering its historical fundamentals such as Current Asset. Since Therma Bright's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Therma Bright's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Therma Bright's interrelated accounts and indicators.
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Therma Total Assets
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In accordance with the recently published financial statements, Therma Bright has a Current Asset of 0.0. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and 100.0% lower than that of the Health Care industry. The current asset for all Canada stocks is 100.0% higher than that of the company.
Therma Bright Current Valuation Drivers
We derive many important indicators used in calculating different scores of Therma Bright from analyzing Therma Bright's financial statements. These drivers represent accounts that assess Therma Bright's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Therma Bright's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Market Cap | 30.3M | 82.0M | 36.6M | 9.7M | 8.0M | 16.0M | |
Enterprise Value | 29.3M | 80.2M | 33.6M | 9.6M | 8.0M | 15.6M |
Therma Fundamentals
Return On Equity | -1.74 | ||||
Return On Asset | -0.47 | ||||
Operating Margin | (64.94) % | ||||
Current Valuation | 13.61 M | ||||
Shares Outstanding | 451.63 M | ||||
Shares Owned By Insiders | 7.58 % | ||||
Number Of Shares Shorted | 110.06 K | ||||
Price To Book | 10.23 X | ||||
Price To Sales | 524.24 X | ||||
Revenue | 23.9 K | ||||
Gross Profit | 63.48 K | ||||
EBITDA | (3.6 M) | ||||
Net Income | (3.77 M) | ||||
Cash And Equivalents | 6.18 K | ||||
Total Debt | 90.39 K | ||||
Debt To Equity | 844.90 % | ||||
Current Ratio | 0.08 X | ||||
Book Value Per Share | 0.01 X | ||||
Cash Flow From Operations | (2.17 M) | ||||
Short Ratio | 0.12 X | ||||
Earnings Per Share | (0.01) X | ||||
Beta | 3.02 | ||||
Market Capitalization | 13.55 M | ||||
Total Asset | 2.21 M | ||||
Retained Earnings | (35.78 M) | ||||
Working Capital | (1.69 M) | ||||
Net Asset | 2.21 M |
About Therma Bright Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Therma Bright's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Therma Bright using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Therma Bright based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.