Thor Explorations Stock Holdings Turnover

THX Stock  CAD 0.31  0.01  3.33%   
Thor Explorations fundamentals help investors to digest information that contributes to Thor Explorations' financial success or failures. It also enables traders to predict the movement of Thor Stock. The fundamental analysis module provides a way to measure Thor Explorations' 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 Thor Explorations stock.
  
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Thor Explorations Company Holdings Turnover Analysis

Thor Explorations' Holding Turnover is calculated by adding up all the transactions for the year, dividing it by 2 and then dividing it again by the total fund holdings. Holding Turnover is the rate at which funds or ETFs replace their investment holdings on an annual basis. In other words it measures how quickly a fund turns over its holdings during the fiscal year.

Holding Turnover

 = 

Year Cash Flow

Net Asset

X

100

More About Holdings Turnover | All Equity Analysis

Thor Holdings Turnover Driver Correlations

Understanding the fundamental principles of building solid financial models for Thor Explorations is extremely important. It helps to project a fair market value of Thor Stock properly, considering its historical fundamentals such as Holdings Turnover. Since Thor Explorations' 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 Thor Explorations' 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 Thor Explorations' interrelated accounts and indicators.
Investor can think of Holding Turnover as a percentage of a fund's assets that have turned over in the past year. Typically, a high annual turnover ratio implies that fund managers made a lot of buying and selling. The higher the annual turnover, the higher the expense ratio for the fund.
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Thor Inventory Turnover

Inventory Turnover

3.42

At this time, Thor Explorations' Inventory Turnover is fairly stable compared to the past year.
According to the company disclosure, Thor Explorations has a Holdings Turnover of 0.0%. This indicator is about the same for the Metals & Mining average (which is currently at 0.0) sector and about the same as Materials (which currently averages 0.0) industry. This indicator is about the same for all Canada stocks average (which is currently at 0.0).

Thor Explorations Current Valuation Drivers

We derive many important indicators used in calculating different scores of Thor Explorations from analyzing Thor Explorations' financial statements. These drivers represent accounts that assess Thor Explorations' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Thor Explorations' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap56.5M98.9M150.1M118.4M117.7M123.6M
Enterprise Value51.2M91.3M240.0M155.3M122.2M128.4M

Thor Fundamentals

About Thor Explorations Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Thor Explorations's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thor Explorations using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thor Explorations 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 Thor Stock Analysis

When running Thor Explorations' price analysis, check to measure Thor Explorations' 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 Thor Explorations is operating at the current time. Most of Thor Explorations' value examination focuses on studying past and present price action to predict the probability of Thor Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Explorations' price. Additionally, you may evaluate how the addition of Thor Explorations to your portfolios can decrease your overall portfolio volatility.