Therma Bright Stock Today

THRM Stock  CAD 0.04  0.01  20.00%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 23

 
High
 
Low
Low
Therma Bright is selling for under 0.04 as of the 11th of October 2024; that is 20 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.04. Therma Bright has about a 23 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Therma Bright are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2022 and ending today, the 11th of October 2024. Click here to learn more.
Business Domain
Health Care Equipment & Services
Category
Healthcare
Classification
Health Care
Therma Bright Inc. develops and markets thermal therapy technology that provides topical relief to skin irritations resulting from insect bites, stings, and prevention of cold sores. Therma Bright Inc. was incorporated in 2001 and is based in Toronto, Canada. The company has 435.17 M outstanding shares of which 48.09 K shares are at this time shorted by private and institutional investors with about 0.05 days to cover all short positions. More on Therma Bright

Moving together with Therma Stock

  0.63UNH UnitedHealth Group CDRPairCorr

Moving against Therma Stock

  0.76GOOG Alphabet CDRPairCorr
  0.55AMZN Amazon CDRPairCorr
  0.53MSFT Microsoft Corp CDRPairCorr

Therma Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Therma Bright's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Therma Bright or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President ChairmanRoberto CFA
Business ConcentrationHealth Care Equipment & Supplies, Health Care Equipment & Services, Health Care, Health Care, Health Care Equipment & Supplies, Biotechnology, Healthcare (View all Sectors)
Therma Bright's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Therma Bright's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Therma Bright can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Therma Bright's financial leverage. It provides some insight into what part of Therma Bright's total assets is financed by creditors.
Liquidity
Therma Bright cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Therma Bright has accumulated 90.39 K in total debt with debt to equity ratio (D/E) of 844.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Therma Bright has a current ratio of 0.08, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Therma Bright until it has trouble settling it off, either with new capital or with free cash flow. So, Therma Bright's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Therma Bright sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Therma to invest in growth at high rates of return. When we think about Therma Bright's use of debt, we should always consider it together with cash and equity.

Net Income

(3.22 Million)
Therma Bright (THRM) is traded on TSX Venture Exchange in Canada and employs 3 people. Therma Bright is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 17.41 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Therma Bright's market, we take the total number of its shares issued and multiply it by Therma Bright's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Therma Bright operates under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 435.17 M outstanding shares of which 48.09 K shares are at this time shorted by private and institutional investors with about 0.05 days to cover all short positions. Therma Bright has accumulated about 6.18 K in cash with (2.17 M) of positive cash flow from operations.
Check Therma Bright Probability Of Bankruptcy
Ownership Allocation
Therma Bright shows a total of 435.17 Million outstanding shares. Therma Bright has 7.48 % of its outstanding shares held by insiders and 0.0 % owned by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Therma Ownership Details

Therma Bright Risk Profiles

Although Therma Bright's alpha and beta are two of the key measurements used to evaluate Therma Bright's performance over the market, the standard measures of volatility play an important role as well.

Therma Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Therma Bright without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run My Watchlist Analysis Now

   

My Watchlist Analysis

Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
All  Next Launch Module

Additional Tools for Therma Stock Analysis

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