Thor Liabilities Non Current vs Inventory Analysis
THO Stock | USD 101.37 0.64 0.64% |
Trend analysis of Thor Industries balance sheet accounts such as Property Plant And Equipment Net of 1.7 B, Net Debt of 1 B, Retained Earnings of 4.9 B or Cash of 532.8 M provides information on Thor Industries' total assets, liabilities, and equity, which is the actual value of Thor Industries to its prevalent stockholders. By breaking down trends over time using Thor Industries 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.
Thor |
About Thor Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Thor Industries at a specified time, usually calculated after every quarter, six months, or one year. Thor Industries Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thor Industries 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 Industries Balance Sheet Chart
Thor Industries Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Thor Industries uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Thor Industries' Retained Earnings are very stable compared to the past year. As of the 7th of May 2024, Cash is likely to grow to about 532.8 M, while Common Stock Shares Outstanding is likely to drop about 57.6 M. Add Fundamental
Total Assets
Total assets refers to the total amount of Thor Industries 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 Industries 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 Industries 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 Industries 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.Most indicators from Thor Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thor Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.At this time, Thor Industries' Selling General Administrative is very stable compared to the past year. As of the 7th of May 2024, Tax Provision is likely to grow to about 163.2 M, though Discontinued Operations is likely to grow to (1.3 M).
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 16.3B | 11.1B | 12.8B | 13.4B | Depreciation And Amortization | 156.9M | 276.9M | 318.5M | 334.4M |
Thor Industries fundamental ratios Correlations
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Thor Industries Account Relationship Matchups
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Thor Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.8B | 6.7B | 7.4B | 7.3B | 8.3B | 8.8B | |
Other Current Liab | 35.9M | 25.7M | 920.3M | 912.8M | 1.0B | 1.1B | |
Total Current Liabilities | 1.5B | 1.8B | 1.8B | 1.7B | 2.0B | 2.1B | |
Total Stockholder Equity | 2.3B | 2.9B | 3.6B | 4.0B | 4.6B | 4.8B | |
Property Plant And Equipment Net | 1.1B | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Net Debt | 1.1B | 1.1B | 1.4B | 861.4M | 990.7M | 1.0B | |
Retained Earnings | 2.2B | 2.8B | 3.8B | 4.1B | 4.7B | 4.9B | |
Cash | 541.4M | 445.9M | 311.7M | 441.2M | 507.4M | 532.8M | |
Non Current Assets Total | 3.7B | 3.9B | 4.3B | 4.5B | 5.1B | 5.4B | |
Cash And Short Term Investments | 541.4M | 445.9M | 311.7M | 441.2M | 507.4M | 532.8M | |
Net Receivables | 814.2M | 949.9M | 944.2M | 643.2M | 739.7M | 776.7M | |
Common Stock Shares Outstanding | 55.4M | 55.7M | 55.3M | 53.9M | 61.9M | 57.6M | |
Liabilities And Stockholders Equity | 5.8B | 6.7B | 7.4B | 7.3B | 8.3B | 8.8B | |
Non Current Liabilities Total | 1.9B | 1.9B | 2.1B | 1.6B | 1.8B | 1.9B | |
Inventory | 716.3M | 1.4B | 1.8B | 1.7B | 1.9B | 2.0B | |
Other Current Assets | 30.4M | 38.4M | 52.0M | 56.1M | 64.5M | 101.3M | |
Other Stockholder Equity | 110.7M | 100.3M | (63.9M) | (53.6M) | (48.3M) | (45.9M) | |
Total Liab | 3.4B | 3.7B | 3.8B | 3.3B | 3.8B | 4.0B | |
Total Current Assets | 2.1B | 2.8B | 3.1B | 2.8B | 3.2B | 3.4B | |
Intangible Assets | 914.7M | 937.2M | 1.1B | 997.0M | 1.1B | 1.2B | |
Short Long Term Debt Total | 1.7B | 1.6B | 1.8B | 1.3B | 1.5B | 1.6B | |
Short Term Debt | 13.8M | 12.4M | 13.2M | 11.4M | 10.2M | 9.7M | |
Accounts Payable | 636.5M | 915.0M | 822.4M | 736.3M | 846.7M | 889.1M | |
Non Currrent Assets Other | 91.5M | 123.8M | 157.9M | 149.4M | 171.8M | 180.4M | |
Good Will | 1.5B | 1.6B | 1.8B | 1.8B | 2.1B | 2.2B | |
Property Plant And Equipment Gross | 1.1B | 1.2B | 1.8B | 2.0B | 2.3B | 2.4B | |
Accumulated Other Comprehensive Income | 27.0M | 44.6M | (181.6M) | (68.5M) | (61.7M) | (58.6M) | |
Common Stock Total Equity | 6.5M | 6.5M | 6.6M | 6.6M | 7.6M | 5.8M | |
Common Stock | 6.5M | 6.6M | 6.6M | 6.6M | 7.6M | 5.8M | |
Other Liab | 224.6M | 316.4M | 259.0M | 230.1M | 264.7M | 277.9M | |
Other Assets | 170.3M | 165.0M | 165.9M | 155.1M | 178.4M | 187.3M | |
Treasury Stock | (348.1M) | (351.9M) | (360.2M) | (543.3M) | (489.0M) | (464.6M) | |
Property Plant Equipment | 1.1B | 1.2B | 1.3B | 1.4B | 1.6B | 1.7B | |
Net Tangible Assets | (71.5M) | 421.4M | 3.6B | 1.2B | 1.4B | 1.4B | |
Long Term Debt | 1.7B | 1.6B | 1.8B | 1.3B | 1.5B | 1.6B | |
Retained Earnings Total Equity | 2.0B | 2.1B | 2.2B | 3.8B | 4.4B | 4.6B | |
Capital Surpluse | 436.8M | 460.5M | 497.9M | 539.0M | 619.9M | 354.7M | |
Deferred Long Term Liab | 9.8M | 7.0M | 115.9M | 2.7M | 3.1M | 3.0M | |
Long Term Investments | 46.2M | 0.0 | 10.8M | 126.9M | 145.9M | 153.2M |
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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:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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 5.09 | 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.