Thornburg Value Fund Current Ratio
TVRRX Fund | USD 88.95 0.44 0.50% |
Thornburg Value Fund fundamentals help investors to digest information that contributes to Thornburg Value's financial success or failures. It also enables traders to predict the movement of Thornburg Mutual Fund. The fundamental analysis module provides a way to measure Thornburg Value'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 Thornburg Value mutual fund.
Thornburg |
Thornburg Value Fund Mutual Fund Current Ratio Analysis
Thornburg Value's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
In accordance with the recently published financial statements, Thornburg Value Fund has a Current Ratio of 0.0 times. This indicator is about the same for the Thornburg average (which is currently at 0.0) family and about the same as Mid-Cap Blend (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Did you try this?
Run Portfolio Optimization Now
Portfolio OptimizationCompute new portfolio that will generate highest expected return given your specified tolerance for risk |
All Next | Launch Module |
Fund Asset Allocation for Thornburg Value
The fund consists of 98.33% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Thornburg Value's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Thornburg Fundamentals
Price To Earning | 1.61 X | ||||
Price To Book | 2.09 X | ||||
Price To Sales | 1.54 X | ||||
Total Asset | 865.22 M | ||||
Year To Date Return | 27.32 % | ||||
One Year Return | 34.31 % | ||||
Three Year Return | 6.28 % | ||||
Five Year Return | 9.10 % | ||||
Ten Year Return | 9.13 % | ||||
Net Asset | 1.01 B | ||||
Last Dividend Paid | 0.43 | ||||
Cash Position Weight | 1.67 % | ||||
Equity Positions Weight | 98.33 % |
About Thornburg Value Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thornburg Value Fund's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thornburg Value using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thornburg Value Fund based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
Also Currently Popular
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.Other Information on Investing in Thornburg Mutual Fund
Thornburg Value financial ratios help investors to determine whether Thornburg Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thornburg with respect to the benefits of owning Thornburg Value security.
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |