Third Financial Statements From 2010 to 2024

THRD Stock  USD 11.45  0.17  1.46%   
Third Harmonic financial statements provide useful quarterly and yearly information to potential Third Harmonic Bio 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 Third Harmonic financial statements helps investors assess Third Harmonic's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Third Harmonic's valuation are summarized below:
Market Capitalization
515.9 M
Earnings Share
(0.97)
There are over seventy-nine available fundamental trend indicators for Third Harmonic Bio, which can be analyzed over time and compared to other ratios. Investors should ensure to double-check all of Third Harmonic's current performance against the performance from 2010 to 2024 to make sure the company is sustainable down the road.
Check Third Harmonic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Third Harmonic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.8 K, Selling General Administrative of 10.4 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.7. Third financial statements analysis is a perfect complement when working with Third Harmonic Valuation or Volatility modules.
  
Check out the analysis of Third Harmonic Correlation against competitors.

Third Harmonic Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets196.3 M277.7 M66.3 M
Slightly volatile
Other Current Liabilities2.9 M2.1 MM
Slightly volatile
Total Current Liabilities5.2 M5.4 M3.1 M
Slightly volatile
Other Liabilities4.7 M5.3 M5.8 M
Slightly volatile
Accounts Payable1.7 M1.8 M923.1 K
Slightly volatile
Cash191 M269.1 M64.6 M
Slightly volatile
Cash And Short Term Investments191 M269.1 M64.6 M
Slightly volatile
Common Stock Shares Outstanding43 M39.6 M39.1 M
Slightly volatile
Liabilities And Stockholders Equity196.3 M277.7 M66.3 M
Slightly volatile
Non Current Liabilities TotalM3.2 M30 M
Very volatile
Other Current Assets2.3 M3.4 M933 K
Slightly volatile
Other Stockholder Equity311.7 M383.3 M121.3 M
Slightly volatile
Total Liabilities8.2 M8.6 M33.1 M
Very volatile
Total Current Assets193.3 M272.4 M65.4 M
Slightly volatile
Capital Stock2.8 K4.6 K1.6 K
Slightly volatile
Non Current Liabilities Other3.9 M3.6 M5.3 M
Slightly volatile
Net Working Capital188.1 M267 M62.3 M
Slightly volatile
Common Stock2.8 K4.6 K1.6 K
Slightly volatile
Short and Long Term Debt Total3.3 MM4.2 M
Slightly volatile
Non Currrent Assets Other1.3 M1.3 M1.1 M
Slightly volatile
Short Term Debt1.2 M1.5 M849.5 K
Slightly volatile

Third Harmonic Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative10.4 M20 MM
Slightly volatile
Other Operating Expenses30.7 M44 M16.9 M
Slightly volatile
Research Development20.4 M24 M12.9 M
Slightly volatile
Total Operating Expenses30.7 M44 M16.9 M
Slightly volatile
Interest Expense2.2 M2.3 MM
Slightly volatile
Net Interest Income8.6 M13.1 M3.7 M
Slightly volatile
Interest Income8.6 M13.1 M3.7 M
Slightly volatile
Cost Of Revenue29.2 K35 K37.2 K
Slightly volatile
Reconciled Depreciation19.8 K35 K4.5 K
Slightly volatile
Selling And Marketing Expenses28 K31.5 K34.3 K
Slightly volatile

Third Harmonic Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation10.1 M9.6 M1.8 M
Slightly volatile
Begin Period Cash Flow303.8 M289.3 M53.5 M
Slightly volatile
Other Non Cash Items535.8 K564 KM
Very volatile
Capital Expenditures177.4 K169 K54.3 K
Slightly volatile
Total Cash From Financing Activities759 K799 K30.2 M
Slightly volatile
End Period Cash Flow191.2 M269.5 M64.6 M
Slightly volatile
Change To Netincome6.5 M5.5 M3.2 M
Slightly volatile
Depreciation19.8 K35 K4.5 K
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Capex To Depreciation3.864.354.7321
Slightly volatile
Payables Turnover0.01490.0190.018
Slightly volatile
Cash Per Share3.536.7871.5548
Slightly volatile
Days Payables Outstanding21.6 K19.2 K20.1 K
Pretty Stable
Income Quality0.580.66260.7106
Very volatile
Net Debt To EBITDA6.748.61085.9658
Slightly volatile
Current Ratio25.7250.285312.8281
Slightly volatile
Graham Number5.9810.89663.6459
Slightly volatile
Debt To Equity0.01640.01470.0151
Slightly volatile
Capex Per Share0.00450.00430.0014
Slightly volatile
Interest Debt Per Share0.150.09970.1683
Slightly volatile
Debt To Assets0.01580.01420.0146
Slightly volatile
Days Of Payables Outstanding21.6 K19.2 K20.1 K
Pretty Stable
Ebt Per Ebit1.20.70131.1375
Pretty Stable
Long Term Debt To Capitalization0.01390.01180.0134
Pretty Stable
Total Debt To Capitalization0.01610.01450.0149
Slightly volatile
Debt Equity Ratio0.01640.01470.0151
Slightly volatile
Quick Ratio25.7250.285312.8281
Slightly volatile
Net Income Per E B T0.830.970.9963
Pretty Stable
Cash Ratio25.4249.662212.6579
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.81.00830.9881
Slightly volatile
Debt Ratio0.01580.01420.0146
Slightly volatile

Third Harmonic Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap135.5 M152.4 M165.9 M
Slightly volatile

Third Fundamental Market Drivers

Cash And Short Term Investments269.1 M

Third Upcoming Events

3rd of April 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
3rd of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Third Harmonic Financial Statements

Third Harmonic stakeholders use historical fundamental indicators, such as Third Harmonic's revenue or net income, to determine how well the company is positioned to perform in the future. Although Third Harmonic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Third Harmonic's assets and liabilities are reflected in the revenues and expenses on Third Harmonic'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 Third Harmonic Bio. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue35 K29.2 K

Also Currently Popular

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 Third Harmonic Bio is a strong investment it is important to analyze Third Harmonic'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 Third Harmonic's future performance. For an informed investment choice regarding Third Stock, refer to the following important reports:
Check out the analysis of Third Harmonic Correlation against competitors.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Biotechnology 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 Third Harmonic. If investors know Third 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 Third Harmonic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.97)
Return On Assets
(0.11)
Return On Equity
(0.14)
The market value of Third Harmonic Bio is measured differently than its book value, which is the value of Third that is recorded on the company's balance sheet. Investors also form their own opinion of Third Harmonic's value that differs from its market value or its book value, called intrinsic value, which is Third Harmonic'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 Third Harmonic's market value can be influenced by many factors that don't directly affect Third Harmonic'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 Third Harmonic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Third Harmonic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Third Harmonic'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.