Thor Liabilities Non Current vs Tax Liabilities Analysis

THO Stock  USD 116.20  1.57  1.37%   
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.
  
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.

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 28th of March 2024, Cash is likely to grow to about 532.8 M, while Common Stock Shares Outstanding is likely to drop about 57.5 M.

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 28th of March 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 Revenue16.3B11.1B12.8B13.4B
Depreciation And Amortization156.9M276.9M318.5M334.4M

Thor Industries fundamental ratios Correlations

0.650.990.971.00.890.950.871.00.870.910.750.930.97-0.460.360.970.990.980.81-0.690.98-0.080.990.970.49
0.650.60.80.640.330.840.390.640.390.420.580.380.78-0.08-0.420.480.680.590.36-0.330.570.170.630.780.34
0.990.60.950.990.890.930.890.990.890.940.750.940.95-0.440.40.980.990.990.82-0.70.99-0.050.980.950.51
0.970.80.950.960.751.00.820.960.820.820.780.810.98-0.330.150.880.970.920.73-0.620.930.00.950.990.51
1.00.640.990.960.880.950.881.00.880.890.740.930.96-0.460.380.970.980.980.81-0.720.97-0.10.990.970.46
0.890.330.890.750.880.720.760.90.760.880.520.990.8-0.660.620.960.850.920.77-0.70.89-0.240.90.810.31
0.950.840.931.00.950.720.790.940.790.80.780.780.98-0.310.090.860.960.910.71-0.60.910.010.940.980.51
0.870.390.890.820.880.760.790.881.00.830.80.840.76-0.320.50.880.860.850.78-0.510.85-0.050.870.80.63
1.00.640.990.961.00.90.940.880.880.90.740.940.96-0.480.390.980.980.990.81-0.70.97-0.110.990.970.47
0.870.390.890.820.880.760.791.00.880.830.80.840.76-0.320.50.880.860.850.78-0.510.85-0.050.870.80.63
0.910.420.940.820.890.880.80.830.90.830.690.910.83-0.340.470.940.920.930.85-0.640.95-0.020.880.80.59
0.750.580.750.780.740.520.780.80.740.80.690.610.72-0.160.070.680.770.70.57-0.20.730.060.740.730.8
0.930.380.940.810.930.990.780.840.940.840.910.610.84-0.610.610.990.90.950.81-0.690.93-0.210.940.850.39
0.970.780.950.980.960.80.980.760.960.760.830.720.84-0.420.180.90.980.930.72-0.650.95-0.040.960.980.43
-0.46-0.08-0.44-0.33-0.46-0.66-0.31-0.32-0.48-0.32-0.34-0.16-0.61-0.42-0.5-0.54-0.4-0.49-0.260.32-0.450.59-0.52-0.440.12
0.36-0.420.40.150.380.620.090.50.390.50.470.070.610.18-0.50.530.310.40.48-0.530.42-0.290.40.22-0.07
0.970.480.980.880.970.960.860.880.980.880.940.680.990.9-0.540.530.950.980.83-0.710.97-0.140.970.910.45
0.990.680.990.970.980.850.960.860.980.860.920.770.90.98-0.40.310.950.960.8-0.650.99-0.030.980.960.53
0.980.590.990.920.980.920.910.850.990.850.930.70.950.93-0.490.40.980.960.81-0.70.97-0.10.970.930.48
0.810.360.820.730.810.770.710.780.810.780.850.570.810.72-0.260.480.830.80.81-0.730.79-0.330.780.720.46
-0.69-0.33-0.7-0.62-0.72-0.7-0.6-0.51-0.7-0.51-0.64-0.2-0.69-0.650.32-0.53-0.71-0.65-0.7-0.73-0.680.13-0.68-0.670.08
0.980.570.990.930.970.890.910.850.970.850.950.730.930.95-0.450.420.970.990.970.79-0.68-0.040.970.930.49
-0.080.17-0.050.0-0.1-0.240.01-0.05-0.11-0.05-0.020.06-0.21-0.040.59-0.29-0.14-0.03-0.1-0.330.13-0.04-0.12-0.070.17
0.990.630.980.950.990.90.940.870.990.870.880.740.940.96-0.520.40.970.980.970.78-0.680.97-0.120.970.44
0.970.780.950.990.970.810.980.80.970.80.80.730.850.98-0.440.220.910.960.930.72-0.670.93-0.070.970.41
0.490.340.510.510.460.310.510.630.470.630.590.80.390.430.12-0.070.450.530.480.460.080.490.170.440.41
Click cells to compare fundamentals

Thor Industries Account Relationship Matchups

Thor Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B6.7B7.4B7.3B8.3B8.8B
Other Current Liab35.9M25.7M920.3M912.8M1.0B1.1B
Total Current Liabilities1.5B1.8B1.8B1.7B2.0B2.1B
Total Stockholder Equity2.3B2.9B3.6B4.0B4.6B4.8B
Property Plant And Equipment Net1.1B1.2B1.3B1.4B1.6B1.7B
Net Debt1.1B1.1B1.4B861.4M990.7M1.0B
Retained Earnings2.2B2.8B3.8B4.1B4.7B4.9B
Cash541.4M445.9M311.7M441.2M507.4M532.8M
Non Current Assets Total3.7B3.9B4.3B4.5B5.1B5.4B
Cash And Short Term Investments541.4M445.9M311.7M441.2M507.4M532.8M
Net Receivables814.2M949.9M944.2M643.2M739.7M776.7M
Common Stock Shares Outstanding55.4M55.4M55.3M53.9M61.9M57.5M
Liabilities And Stockholders Equity5.8B6.7B7.4B7.3B8.3B8.8B
Non Current Liabilities Total1.9B1.9B2.1B1.6B1.8B1.9B
Inventory716.3M1.4B1.8B1.7B1.9B2.0B
Other Current Assets30.4M38.4M52.0M56.1M64.5M101.3M
Other Stockholder Equity110.7M100.3M(63.9M)(53.6M)(48.3M)(45.9M)
Total Liab3.4B3.7B3.8B3.3B3.8B4.0B
Total Current Assets2.1B2.8B3.1B2.8B3.2B3.4B
Intangible Assets914.7M937.2M1.1B997.0M1.1B1.2B
Short Long Term Debt Total1.7B1.6B1.8B1.3B1.5B1.6B
Short Term Debt13.8M12.4M13.2M11.4M10.2M9.7M
Accounts Payable636.5M915.0M822.4M736.3M846.7M889.1M
Non Currrent Assets Other91.5M123.8M157.9M149.4M171.8M180.4M
Good Will1.5B1.6B1.8B1.8B2.1B2.2B
Property Plant And Equipment Gross1.1B1.2B1.8B2.0B2.3B2.4B
Accumulated Other Comprehensive Income27.0M44.6M(181.6M)(68.5M)(61.7M)(58.6M)
Common Stock Total Equity6.5M6.5M6.6M6.6M7.6M5.8M
Common Stock6.5M6.6M6.6M6.6M7.6M5.8M
Other Liab224.6M316.4M259.0M230.1M264.7M277.9M
Other Assets170.3M165.0M165.9M155.1M178.4M187.3M
Treasury Stock(348.1M)(351.9M)(360.2M)(543.3M)(489.0M)(464.6M)
Property Plant Equipment1.1B1.2B1.3B1.4B1.6B1.7B
Net Tangible Assets(71.5M)421.4M3.6B1.2B1.4B1.4B
Long Term Debt1.7B1.6B1.8B1.3B1.5B1.6B
Retained Earnings Total Equity2.0B2.1B2.2B3.8B4.4B4.6B
Capital Surpluse436.8M460.5M497.9M539.0M619.9M354.7M
Deferred Long Term Liab9.8M7.0M115.9M2.7M3.1M3.0M
Long Term Investments46.2M0.010.8M126.9M145.9M153.2M

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.

Thor Industries Implied Volatility

    
  28.81  
Thor Industries' implied volatility exposes the market's sentiment of Thor Industries stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Thor Industries' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Thor Industries stock will not fluctuate a lot when Thor Industries' options are near their expiration.
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.

Currently Active Assets on Macroaxis

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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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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
5.05
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.