Thor Industries Historical Balance Sheet

THO Stock  USD 90.41  0.25  0.28%   
Trend analysis of Thor Industries balance sheet accounts such as Current Assets of 3 B, Assets Non Current of 1.3 B, Cash and Equivalents of 271.3 M or Total Debt of 322.1 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. Financial Statement Analysis is much more than just reviewing and breaking down Thor Industries prevalent 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 Industries is a good buy for the upcoming year.
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About Thor Industries 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 Industries 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.
Thor Industries Assets Non Current are quite stable at the moment as compared to the past year. The company's current value of Assets Non Current is estimated at 1.27 Billion. Shareholders Equity is expected to rise to about 3.5 B this year, although the value of Accumulated Other Comprehensive Income will most likely fall to (26 K).

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. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.

Current Assets

Current assets of Thor Industries include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Thor Industries. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Thor Industries balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Thor Industries books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; [DeferredRev]; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from Thor Industries' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 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. Additionally, take a look at World Market Map.Thor Industries Assets Non Current are quite stable at the moment as compared to the past year. The company's current value of Assets Non Current is estimated at 1.27 Billion. Shareholders Equity is expected to rise to about 3.5 B this year, although the value of Accumulated Other Comprehensive Income will most likely fall to (26 K).
 2020 2021 2022 2023 (projected)
Receivables949.93 M944.18 M849.76 M916.85 M
Inventories1.37 B1.75 B1.58 B1.7 B

Thor Industries balance sheet Correlations

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Thor Industries Account Relationship Matchups

Thor Industries balance sheet Accounts

201820192020202120222023 (projected)
Inventories827.99 M716.3 M1.37 B1.75 B1.58 B1.7 B
Receivables716.23 M814.23 M949.93 M944.18 M849.76 M916.85 M
Accounts Payable551.83 M636.51 M915.04 M822.45 M740.2 M798.64 M
Total Assets5.66 B5.77 B6.65 B7.41 B6.67 B7.19 B
Current Assets2.04 B2.1 B2.8 B3.06 B2.76 B2.97 B
Cash and Equivalents425.62 M538.52 M445.85 M311.55 M280.4 M271.34 M
Shareholders Equity2.08 B2.32 B2.92 B3.59 B3.23 B3.49 B
Total Liabilities3.58 B3.45 B3.73 B3.82 B3.43 B3.7 B
Current Liabilities1.45 B1.52 B1.79 B1.76 B1.58 B1.71 B

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 Industries. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Thor Industries' public news can be used to forecast risks associated with investment in Thor Industries. The trend in average sentiment can be used to explain how an investor holding Thor Industries can time the market purely based on public headlines and social activities around Thor Industries. Please note that most equiteis 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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Additionally, take a look at World Market Map. 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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 Industries 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
(0.42) 
Market Capitalization
4.8 B
Quarterly Revenue Growth
(0.21) 
Return On Assets
0.1176
Return On Equity
0.304
The market value of Thor Industries is measured differently than its book value, which is the value of Thor Industries 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 Thor Industries value 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.