Thornburg Financial Statements From 2010 to 2024

TBLD Stock  USD 16.64  0.11  0.67%   
Thornburg Income financial statements provide useful quarterly and yearly information to potential Thornburg Income Builder investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Thornburg Income financial statements helps investors assess Thornburg Income's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Thornburg Income's valuation are summarized below:
Market Capitalization
530.3 M
Enterprise Value Revenue
7.0775
Earnings Share
2.22
There are over sixty-nine available fundamental trend indicators for Thornburg Income Builder, which can be analyzed over time and compared to other ratios. Investors should ensure to double-check all of Thornburg Income's current performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road. The current year's Market Cap is expected to grow to about 556.8 M. The current year's Enterprise Value is expected to grow to about 556.5 M

Thornburg Income Total Revenue

130.6 Million

Check Thornburg Income financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thornburg Income's main balance sheet or income statement drivers, such as Net Interest Income of 6.8 M, Interest Income of 6.8 M or Depreciation And Amortization of 168.8 K, as well as many indicators such as Price To Sales Ratio of 4.08, Ptb Ratio of 1.0 or Days Sales Outstanding of 18.49. Thornburg financial statements analysis is a perfect complement when working with Thornburg Income Valuation or Volatility modules.
  
Check out the analysis of Thornburg Income Correlation against competitors.

Thornburg Income Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets455.8 M495.3 M628.4 M
Slightly volatile
Total Current Liabilities3.6 M3.8 M27.5 M
Slightly volatile
Total Stockholder Equity442.2 M490.4 M594.8 M
Slightly volatile
Accounts Payable3.6 M3.8 M27.5 M
Slightly volatile
Cash538.4 K512.7 K246.1 K
Slightly volatile
Non Current Assets Total446.9 M484.3 M614 M
Slightly volatile
Other Assets4.5 M6.9 M4.7 M
Pretty Stable
Cash And Short Term Investments538.4 K512.7 K246.1 K
Slightly volatile
Net Receivables5.5 M5.2 M9.7 M
Slightly volatile
Common Stock Shares Outstanding25.6 M28.8 M31.4 M
Slightly volatile
Liabilities And Stockholders Equity455.8 M495.3 M628.4 M
Slightly volatile
Total Liabilities4.7 M4.9 M27.7 M
Slightly volatile
Long Term Investments446.9 M484.3 M614 M
Slightly volatile
Total Current Assets5.7 M5.6 M9.9 M
Slightly volatile
Capital Stock513.3 M577.5 M628.8 M
Slightly volatile
Common Stock513.3 M577.5 M628.8 M
Slightly volatile
Inventory4.6 M5.2 M5.7 M
Slightly volatile

Thornburg Income Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Interest Income6.8 M10.4 M2.9 M
Slightly volatile
Interest Income6.8 M10.4 M2.9 M
Slightly volatile
Depreciation And Amortization168.8 K151.1 K221.2 K
Slightly volatile
Selling General Administrative1.4 M2.3 M661.8 K
Slightly volatile
Selling And Marketing Expenses622.8 K352.5 K314.8 K
Slightly volatile
Other Operating ExpensesM4.1 M1.4 M
Slightly volatile
Total Operating ExpensesM4.1 M1.4 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
PTB Ratio1.00.990.9914
Slightly volatile
Book Value Per Share19.0919.5719.3485
Slightly volatile
Average Payables14.7 M16.5 M18 M
Slightly volatile
PB Ratio1.00.990.9914
Slightly volatile
Average Inventory2.3 M2.6 M2.8 M
Slightly volatile
Cash Per Share0.01320.01250.0072
Slightly volatile
Current Ratio11.5611.013.3687
Slightly volatile
Tangible Book Value Per Share19.0919.5719.3485
Slightly volatile
Graham Number20.8731.8414.3521
Slightly volatile
Shareholders Equity Per Share18.9819.5719.1783
Slightly volatile
Price Book Value Ratio1.00.990.9914
Slightly volatile
Pretax Profit Margin1.161.111.1227
Slightly volatile
Operating Profit Margin1.161.111.1227
Slightly volatile
Effective Tax Rate0.00220.00230.0344
Slightly volatile
Company Equity Multiplier1.131.161.0705
Pretty Stable
Ebit Per Revenue1.161.111.1227
Slightly volatile
Quick Ratio11.5611.013.3687
Slightly volatile
Cash Ratio0.06730.06410.0222
Slightly volatile
Price To Book Ratio1.00.990.9914
Slightly volatile
Net Profit Margin1.161.111.1227
Slightly volatile
Price Fair Value1.00.990.9914
Slightly volatile

Thornburg Income Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap556.8 M537.5 M603 M
Slightly volatile
Enterprise Value556.5 M536.9 M602.8 M
Slightly volatile

Thornburg Fundamental Market Drivers

Cash And Short Term Investments445.8 K

About Thornburg Income Financial Statements

Thornburg Income stakeholders use historical fundamental indicators, such as Thornburg Income's revenue or net income, to determine how well the company is positioned to perform in the future. Although Thornburg Income investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thornburg Income's assets and liabilities are reflected in the revenues and expenses on Thornburg Income's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Thornburg Income Builder. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Revenue124.4 M130.6 M
Sales General And Administrative To Revenue 0.02  0.02 
Revenue Per Share 3.04  3.19 
Ebit Per Revenue 1.11  1.16 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Thornburg Income Builder is a strong investment it is important to analyze Thornburg Income's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Thornburg Income's future performance. For an informed investment choice regarding Thornburg Stock, refer to the following important reports:
Check out the analysis of Thornburg Income Correlation against competitors.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Asset Management & Custody Banks space 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 Thornburg Income. If investors know Thornburg 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 Thornburg Income listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.22
The market value of Thornburg Income Builder is measured differently than its book value, which is the value of Thornburg that is recorded on the company's balance sheet. Investors also form their own opinion of Thornburg Income's value that differs from its market value or its book value, called intrinsic value, which is Thornburg Income's 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 Thornburg Income's market value can be influenced by many factors that don't directly affect Thornburg Income's 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 Thornburg Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg Income's 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.