Thor Industries Stock Working Capital

THO Stock

USD 99.38 1.48 1.51%

Thor Industries fundamentals help investors to digest information that contributes to Thor Industries' 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 Industries' 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 Industries stock.

	Last Reported	Projected for Next Year
Net Working Capital	1.2 B	865.8 M
Change In Working Capital	285.6 M	299.8 M
Working Capital	0.00	0.00

As of the 19th of April 2024, Change In Working Capital is likely to grow to about 299.8 M, while Net Working Capital is likely to drop about 865.8 M.

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Thor Industries Company Working Capital Analysis

Thor Industries' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Working Capital

Current Assets

-

Current Liabilities

More About Working Capital | All Equity Analysis

Current Thor Industries Working Capital

1.08 B

Most of Thor Industries' fundamental indicators, such as Working Capital, 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, Thor Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Thor Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Thor Industries is extremely important. It helps to project a fair market value of Thor Stock properly, considering its historical fundamentals such as Working Capital. Since Thor Industries' 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 Industries' 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 Industries' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Short Term Debt	Accounts Payable	Good Will	Common Stock	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Accumulated Depreciation	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock	Current Deferred Revenue
Total Assets		0.97	0.89	0.95	0.91	0.97	0.99	0.98	-0.69	0.98	0.99	0.5	-0.83	1.0	0.29	0.92	0.91	0.19	0.55	0.17	0.84	-0.86	0.94	0.85	0.88	0.81	-0.78
Total Stockholder Equity	0.97		0.75	1.0	0.82	0.88	0.97	0.92	-0.62	0.93	0.95	0.51	-0.87	0.96	0.31	0.79	0.85	0.04	0.69	0.22	0.69	-0.82	0.89	0.76	0.88	0.85	-0.86
Net Debt	0.89	0.75		0.72	0.88	0.96	0.85	0.92	-0.7	0.89	0.9	0.31	-0.62	0.88	0.28	0.99	0.86	0.5	0.21	0.11	0.97	-0.78	0.89	0.83	0.77	0.61	-0.56
Retained Earnings	0.95	1.0	0.72		0.8	0.86	0.96	0.91	-0.6	0.91	0.94	0.51	-0.88	0.95	0.35	0.76	0.83	0.05	0.71	0.22	0.66	-0.79	0.88	0.72	0.88	0.85	-0.89
Net Receivables	0.91	0.82	0.88	0.8		0.94	0.92	0.93	-0.64	0.95	0.88	0.59	-0.79	0.89	0.3	0.91	0.83	0.29	0.23	-0.12	0.84	-0.88	0.84	0.79	0.78	0.57	-0.52
Total Liab	0.97	0.88	0.96	0.86	0.94		0.95	0.98	-0.71	0.97	0.97	0.46	-0.75	0.97	0.25	0.98	0.91	0.31	0.38	0.1	0.93	-0.86	0.94	0.89	0.83	0.73	-0.66
Total Current Assets	0.99	0.97	0.85	0.96	0.92	0.95		0.96	-0.65	0.99	0.98	0.54	-0.86	0.98	0.32	0.89	0.89	0.17	0.54	0.12	0.81	-0.85	0.93	0.81	0.9	0.79	-0.79
Intangible Assets	0.98	0.92	0.92	0.91	0.93	0.98	0.96		-0.7	0.97	0.97	0.49	-0.81	0.98	0.3	0.94	0.89	0.27	0.47	0.12	0.86	-0.87	0.92	0.84	0.83	0.75	-0.71
Short Term Debt	-0.69	-0.62	-0.7	-0.6	-0.64	-0.71	-0.65	-0.7		-0.68	-0.68	0.08	0.35	-0.72	-0.31	-0.69	-0.68	-0.23	-0.21	-0.38	-0.62	0.86	-0.7	-0.7	-0.64	-0.51	0.47
Accounts Payable	0.98	0.93	0.89	0.91	0.95	0.97	0.99	0.97	-0.68		0.97	0.5	-0.8	0.97	0.24	0.91	0.89	0.16	0.44	0.11	0.84	-0.86	0.93	0.84	0.88	0.75	-0.7
Good Will	0.99	0.95	0.9	0.94	0.88	0.97	0.98	0.97	-0.68	0.97		0.45	-0.8	0.99	0.25	0.93	0.91	0.2	0.53	0.21	0.87	-0.83	0.96	0.87	0.88	0.82	-0.79
Common Stock	0.5	0.51	0.31	0.51	0.59	0.46	0.54	0.49	0.08	0.5	0.45		-0.76	0.46	0.15	0.38	0.48	0.03	0.33	-0.47	0.35	-0.43	0.42	0.39	0.39	0.35	-0.27
Treasury Stock	-0.83	-0.87	-0.62	-0.88	-0.79	-0.75	-0.86	-0.81	0.35	-0.8	-0.8	-0.76		-0.8	-0.43	-0.66	-0.76	-0.15	-0.56	0.18	-0.58	0.7	-0.76	-0.56	-0.78	-0.59	0.77
Property Plant Equipment	1.0	0.96	0.88	0.95	0.89	0.97	0.98	0.98	-0.72	0.97	0.99	0.46	-0.8		0.26	0.91	0.9	0.17	0.57	0.21	0.83	-0.88	0.94	0.88	0.86	0.82	-0.77
Net Tangible Assets	0.29	0.31	0.28	0.35	0.3	0.25	0.32	0.3	-0.31	0.24	0.25	0.15	-0.43	0.26		0.24	0.25	0.68	0.1	-0.05	0.21	-0.36	0.3	-0.09	0.44	0.14	-0.46
Long Term Debt	0.92	0.79	0.99	0.76	0.91	0.98	0.89	0.94	-0.69	0.91	0.93	0.38	-0.66	0.91	0.24		0.87	0.43	0.26	0.09	0.97	-0.81	0.9	0.87	0.77	0.65	-0.57
Capital Surpluse	0.91	0.85	0.86	0.83	0.83	0.91	0.89	0.89	-0.68	0.89	0.91	0.48	-0.76	0.9	0.25	0.87		0.23	0.42	0.2	0.87	-0.81	0.98	0.87	0.91	0.75	-0.71
Deferred Long Term Liab	0.19	0.04	0.5	0.05	0.29	0.31	0.17	0.27	-0.23	0.16	0.2	0.03	-0.15	0.17	0.68	0.43	0.23		-0.28	-0.17	0.5	-0.22	0.26	0.06	0.21	-0.05	-0.08
Long Term Investments	0.55	0.69	0.21	0.71	0.23	0.38	0.54	0.47	-0.21	0.44	0.53	0.33	-0.56	0.57	0.1	0.26	0.42	-0.28		0.38	0.15	-0.34	0.44	0.37	0.42	0.73	-0.7
Accumulated Depreciation	0.17	0.22	0.11	0.22	-0.12	0.1	0.12	0.12	-0.38	0.11	0.21	-0.47	0.18	0.21	-0.05	0.09	0.2	-0.17	0.38		0.08	-0.04	0.24	0.2	0.24	0.61	-0.38
Long Term Debt Total	0.84	0.69	0.97	0.66	0.84	0.93	0.81	0.86	-0.62	0.84	0.87	0.35	-0.58	0.83	0.21	0.97	0.87	0.5	0.15	0.08		-0.71	0.89	0.85	0.74	0.59	-0.51
Short Long Term Debt	-0.86	-0.82	-0.78	-0.79	-0.88	-0.86	-0.85	-0.87	0.86	-0.86	-0.83	-0.43	0.7	-0.88	-0.36	-0.81	-0.81	-0.22	-0.34	-0.04	-0.71		-0.8	-0.81	-0.73	-0.59	0.54
Net Invested Capital	0.94	0.89	0.89	0.88	0.84	0.94	0.93	0.92	-0.7	0.93	0.96	0.42	-0.76	0.94	0.3	0.9	0.98	0.26	0.44	0.24	0.89	-0.8		0.85	0.94	0.79	-0.78
Cash And Equivalents	0.85	0.76	0.83	0.72	0.79	0.89	0.81	0.84	-0.7	0.84	0.87	0.39	-0.56	0.88	-0.09	0.87	0.87	0.06	0.37	0.2	0.85	-0.81	0.85		0.66	0.71	-0.48
Net Working Capital	0.88	0.88	0.77	0.88	0.78	0.83	0.9	0.83	-0.64	0.88	0.88	0.39	-0.78	0.86	0.44	0.77	0.91	0.21	0.42	0.24	0.74	-0.73	0.94	0.66		0.74	-0.84
Capital Stock	0.81	0.85	0.61	0.85	0.57	0.73	0.79	0.75	-0.51	0.75	0.82	0.35	-0.59	0.82	0.14	0.65	0.75	-0.05	0.73	0.61	0.59	-0.59	0.79	0.71	0.74		-0.77
Current Deferred Revenue	-0.78	-0.86	-0.56	-0.89	-0.52	-0.66	-0.79	-0.71	0.47	-0.7	-0.79	-0.27	0.77	-0.77	-0.46	-0.57	-0.71	-0.08	-0.7	-0.38	-0.51	0.54	-0.78	-0.48	-0.84	-0.77

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Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.

Competition

Predict Thor Industries

Working Capital Over Time

Thor Capital Surpluse

Capital Surpluse

354.69 Million

At this time, Thor Industries' Capital Surpluse is very stable compared to the past year.

Based on the company's disclosures, Thor Industries has a Working Capital of 1.08 B. This is 81.98% lower than that of the Automobiles sector and 221.75% higher than that of the Consumer Discretionary industry. The working capital for all United States stocks is 27.13% higher than that of the company.

Thor Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thor Industries' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thor Industries could also be used in its relative valuation, which is a method of valuing Thor Industries by comparing valuation metrics of similar companies.

Thor Industries is currently under evaluation in working capital category among related companies.

Thor Industries Current Valuation Drivers

We derive many important indicators used in calculating different scores of Thor Industries from analyzing Thor Industries' financial statements. These drivers represent accounts that assess Thor Industries' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Thor Industries' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	6.3B	6.5B	4.6B	6.2B	5.6B	5.8B
Enterprise Value	7.4B	7.7B	6.1B	7.0B	6.3B	6.7B

Thor Industries ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Thor Industries' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Thor Industries' managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Thor Fundamentals

	Return On Equity	0.0702
	Return On Asset	0.0398
	Profit Margin	0.03 %
	Operating Margin	0.01 %
	Current Valuation	6.34 B
	Shares Outstanding	53.32 M
	Shares Owned By Insiders	4.74 %
	Shares Owned By Institutions	99.30 %
	Number Of Shares Shorted	3.72 M
	Price To Earning	4.20 X
	Price To Book	1.40 X
	Price To Sales	0.53 X
	Revenue	11.12 B
	Gross Profit	1.6 B
	EBITDA	873.73 M
	Net Income	374.24 M
	Cash And Equivalents	441.23 M
	Cash Per Share	5.80 X
	Total Debt	1.3 B
	Debt To Equity	0.50 %
	Current Ratio	1.74 X
	Book Value Per Share	73.82 X
	Cash Flow From Operations	981.63 M
	Short Ratio	5.37 X
	Earnings Per Share	5.05 X
	Price To Earnings To Growth	0.74 X
	Target Price	105.1
	Number Of Employees	24.9 K
	Beta	1.77
	Market Capitalization	5.22 B
	Total Asset	7.26 B
	Retained Earnings	4.09 B
	Working Capital	1.08 B
	Current Asset	1.02 B
	Current Liabilities	651.65 M
	Annual Yield	0.02 %
	Five Year Return	1.91 %
	Net Asset	7.26 B
	Last Dividend Paid	1.86

About Thor Industries Fundamental Analysis

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

Thor Industries Investors Sentiment

The influence of Thor Industries' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Thor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Thor Industries' public news can be used to forecast risks associated with an investment in Thor. The trend in average sentiment can be used to explain how an investor holding Thor can time the market purely based on public headlines and social activities around Thor Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Thor Industries' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Thor Industries' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Thor Industries' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Thor Industries.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Thor Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Thor Industries' short interest history, or implied volatility extrapolated from Thor Industries options trading.

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When determining whether Thor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thor Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thor Industries Stock:

How To Invest In Thor

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Is Thor Stock a good investment?

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What is Thor Industries' Net Worth?

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Largest Automobile Manufacturers Companies

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Check out Thor Industries Piotroski F Score and Thor Industries Altman Z Score analysis.

To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.

Note that the Thor Industries information on this page should be used as a complementary analysis to other Thor Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Thor Stock analysis

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

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Is Thor Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thor Industries. If investors know Thor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.74)

Dividend Share

1.86

Earnings Share

5.05

Revenue Per Share

194.511

Quarterly Revenue Growth

(0.06)

The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Thor Industries Stock Working Capital

Thor Industries Company Working Capital Analysis

Working Capital

Current Assets

-

Current Liabilities

Current Thor Industries Working Capital

Thor Working Capital Driver Correlations

Thor Capital Surpluse

Capital Surpluse

354.69 Million

Thor Working Capital Peer Comparison

Thor Industries Current Valuation Drivers

Thor Industries ESG Sustainability

Thor Fundamentals

About Thor Industries Fundamental Analysis

Thor Industries Investors Sentiment

Currently Active Assets on Macroaxis

Complementary Tools for Thor Stock analysis

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