Thor Historical Balance Sheet

THR Stock   0.60  0.03  4.76%   
Trend analysis of Thor Mining PLC balance sheet accounts such as Cash of 548.8 K, Non Current Assets Total of 10 M, Non Currrent Assets Other of 14.5 M or Cash And Short Term Investments of 548.8 K provides information on Thor Mining's total assets, liabilities, and equity, which is the actual value of Thor Mining PLC to its prevalent stockholders. By breaking down trends over time using Thor Mining balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Thor Mining PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Thor Mining PLC is a good buy for the upcoming year.

Thor Mining Inventory

(18,112.5)

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Mining PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

About Thor Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Thor Mining PLC at a specified time, usually calculated after every quarter, six months, or one year. Thor Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thor Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Thor currently owns. An asset can also be divided into two categories, current and non-current.

Thor Mining Balance Sheet Chart

At present, Thor Mining's Accounts Payable is projected to decrease significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 14.5 M, whereas Total Stockholder Equity is forecasted to decline to about 10.4 M.

Total Assets

Total assets refers to the total amount of Thor Mining assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Thor Mining PLC books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Thor Mining balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Thor Mining PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Accounts Payable

An accounting item on the balance sheet that represents Thor Mining obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Thor Mining PLC are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most accounts from Thor Mining's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Thor Mining PLC current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Mining PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At present, Thor Mining's Accounts Payable is projected to decrease significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 14.5 M, whereas Total Stockholder Equity is forecasted to decline to about 10.4 M.
 2022 2023 2024 2025 (projected)
Total Current Liabilities429K230K264.5K344.5K
Total Assets14.9M13.5M15.5M10.8M

Thor Mining balance sheet Correlations

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0.140.060.56-0.070.65-0.50.19-0.42-0.50.18-0.150.08-0.10.090.76-0.370.24-0.210.420.190.50.110.360.03-0.18
0.990.06-0.02-0.880.03-0.110.970.4-0.11-0.16-0.180.410.120.9-0.04-0.150.940.280.140.67-0.260.110.84-0.120.15
0.070.56-0.020.20.64-0.930.2-0.38-0.930.160.57-0.46-0.18-0.210.86-0.850.29-0.230.42-0.140.81-0.190.36-0.040.08
-0.87-0.07-0.880.20.01-0.02-0.83-0.5-0.020.110.46-0.61-0.12-0.90.130.0-0.76-0.33-0.06-0.830.39-0.35-0.740.090.03
0.090.650.030.640.01-0.670.17-0.41-0.670.430.21-0.06-0.18-0.110.62-0.50.28-0.230.47-0.080.35-0.240.45-0.320.1
-0.19-0.5-0.11-0.93-0.02-0.67-0.320.161.0-0.22-0.460.370.180.09-0.720.89-0.390.07-0.280.01-0.570.0-0.490.10.04
0.990.190.970.2-0.830.17-0.320.31-0.32-0.17-0.060.320.070.820.16-0.360.990.210.230.63-0.070.080.91-0.130.16
0.35-0.420.4-0.38-0.5-0.410.160.310.16-0.31-0.240.080.060.4-0.490.040.210.47-0.70.32-0.440.270.10.13-0.08
-0.19-0.5-0.11-0.93-0.02-0.671.0-0.320.16-0.22-0.460.370.180.09-0.720.89-0.390.07-0.280.01-0.570.0-0.490.10.04
-0.150.18-0.160.160.110.43-0.22-0.17-0.31-0.220.01-0.06-0.140.010.110.22-0.120.140.16-0.05-0.060.00.0-0.02-0.07
-0.14-0.15-0.180.570.460.21-0.46-0.06-0.24-0.460.01-0.51-0.26-0.470.43-0.470.0-0.040.1-0.570.59-0.580.070.270.51
0.390.080.41-0.46-0.61-0.060.370.320.080.37-0.06-0.51-0.160.48-0.150.350.280.410.050.55-0.410.520.350.1-0.31
0.1-0.10.12-0.18-0.12-0.180.180.070.060.18-0.14-0.26-0.160.18-0.210.170.03-0.360.260.2-0.160.02-0.08-0.16-0.01
0.880.090.9-0.21-0.9-0.110.090.820.40.090.01-0.470.480.18-0.170.150.760.230.120.75-0.390.260.64-0.060.04
0.060.76-0.040.860.130.62-0.720.16-0.49-0.720.110.43-0.15-0.21-0.17-0.640.22-0.20.52-0.020.89-0.140.350.170.09
-0.21-0.37-0.15-0.850.0-0.50.89-0.360.040.890.22-0.470.350.170.15-0.64-0.420.14-0.190.01-0.590.04-0.460.160.0
0.960.240.940.29-0.760.28-0.390.990.21-0.39-0.120.00.280.030.760.22-0.420.180.270.580.00.010.93-0.190.17
0.26-0.210.28-0.23-0.33-0.230.070.210.470.070.14-0.040.41-0.360.23-0.20.140.18-0.60.38-0.230.380.220.41-0.3
0.190.420.140.42-0.060.47-0.280.23-0.7-0.280.160.10.050.260.120.52-0.190.27-0.60.090.36-0.230.33-0.370.24
0.670.190.67-0.14-0.83-0.080.010.630.320.01-0.05-0.570.550.20.75-0.020.010.580.380.09-0.220.470.55-0.1-0.2
-0.170.5-0.260.810.390.35-0.57-0.07-0.44-0.57-0.060.59-0.41-0.16-0.390.89-0.590.0-0.230.36-0.22-0.30.030.230.16
0.10.110.11-0.19-0.35-0.240.00.080.270.00.0-0.580.520.020.26-0.140.040.010.38-0.230.47-0.30.030.17-0.86
0.880.360.840.36-0.740.45-0.490.910.1-0.490.00.070.35-0.080.640.35-0.460.930.220.330.550.030.03-0.110.18
-0.10.03-0.12-0.040.09-0.320.1-0.130.130.1-0.020.270.1-0.16-0.060.170.16-0.190.41-0.37-0.10.230.17-0.110.0
0.16-0.180.150.080.030.10.040.16-0.080.04-0.070.51-0.31-0.010.040.090.00.17-0.30.24-0.20.16-0.860.180.0
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Thor Mining Account Relationship Matchups

Thor Mining balance sheet Accounts

202020212022202320242025 (projected)
Total Assets13.0M12.6M14.9M13.5M15.5M10.8M
Total Current Liabilities392K326K429K230K264.5K344.5K
Total Stockholder Equity12.6M12.3M14.4M13.3M15.2M10.4M
Net Debt(191K)(773K)(1.1M)(778K)(894.7K)(939.4K)
Retained Earnings(16.3M)(18.2M)(19.4M)(21.6M)(19.4M)(18.5M)
Accounts Payable203K201K332K83K95.5K186.4K
Cash233K783K1.2M805K724.5K548.8K
Non Current Assets Total12.7M11.8M13.4M12.7M14.6M10.0M
Non Currrent Assets Other(131K)671K192K12.0M13.8M14.5M
Cash And Short Term Investments233K783K1.2M805K724.5K548.8K
Net Receivables36K196K15K9K10.4K9.8K
Common Stock Shares Outstanding149.7M201.4M222.8M272.7M313.6M329.3M
Liabilities And Stockholders Equity13.0M12.6M14.9M13.5M15.5M10.8M
Other Current Assets24K40K144K28K32.2K48.2K
Other Stockholder Equity24.7M24.5M34.0M28.9M33.3M17.2M
Total Liab403K326K429K241K277.2K421.6K
Total Current Assets276K843K1.4M842K757.8K630.7K
Common Stock122K162K201K4.0M4.6M4.8M
Property Plant And Equipment Net12.3M10.1M12.4M42K48.3K45.9K
Property Plant And Equipment Gross12.3M10.1M12.5M12.9M14.8M15.5M
Accumulated Other Comprehensive Income2.0M3.0M2.0M1.9M2.2M2.3M
Other Current Liab181K(6K)74K203K233.5K245.1K
Net Tangible Assets354K2.2M2.1M1.6M1.8M1.9M
Other Assets433K1.1M68K105K120.8K114.7K
Property Plant Equipment48K17K62K110K126.5K132.8K
Net Invested Capital12.6M12.3M14.4M14.3M16.4M13.7M
Net Working Capital(116K)517K1.8M876K1.0M692.4K
Capital Stock122K162K3.8M239K274.9K261.1K

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Other Information on Investing in Thor Stock

Balance Sheet is a snapshot of the financial position of Thor Mining PLC at a specified time, usually calculated after every quarter, six months, or one year. Thor Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thor Mining and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Thor currently owns. An asset can also be divided into two categories, current and non-current.