Thor Net Tangible Assets from 2010 to 2026

TIV Stock  EUR 77.14  3.78  4.67%   
Thor Industries' Net Tangible Assets are increasing over the last several years with slightly volatile swings. Net Tangible Assets are estimated to finish at about 1.4 B this year. Net Tangible Assets is the total assets of Thor Industries minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2018-07-31
Previous Quarter
1.1 B
Current Value
1.2 B
Quarterly Volatility
558.1 M
 
Covid
 
Interest Hikes
Check Thor Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thor Industries' main balance sheet or income statement drivers, such as Interest Expense of 59.6 M, Selling General Administrative of 729.9 M or Total Revenue of 10 B, as well as many indicators such as . Thor financial statements analysis is a perfect complement when working with Thor Industries Valuation or Volatility modules.
  
This module can also supplement various Thor Industries Technical models . Check out the analysis of Thor Industries Correlation against competitors.
For more detail on how to invest in Thor Stock please use our How to Invest in Thor Industries guide.
The Net Tangible Assets trend for Thor Industries offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Thor Industries is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Thor Industries' Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of Thor Industries over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. Thor Industries' Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thor Industries' overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

Thor Net Tangible Assets Regression Statistics

Arithmetic Mean724,477,265
Geometric Mean626,754,614
Coefficient Of Variation65.39
Mean Deviation372,960,547
Median583,547,000
Standard Deviation473,735,448
Sample Variance224425.3T
Range1.7B
R-Value0.52
Mean Square Error173974T
R-Squared0.27
Significance0.03
Slope49,039,671
Total Sum of Squares3590804.4T

Thor Net Tangible Assets History

20261.4 B
20251.4 B
20221.2 B
2021671.2 M
2020421.4 M
2019-71.5 M
2018-244.4 M

About Thor Industries Financial Statements

Thor Industries stakeholders use historical fundamental indicators, such as Thor Industries' Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although Thor Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thor Industries' assets and liabilities are reflected in the revenues and expenses on Thor Industries' 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 Thor Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets1.4 B1.4 B

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 the analysis of Thor Industries Correlation against competitors.
For more detail on how to invest in Thor Stock please use our How to Invest in Thor Industries guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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. In contrast, Thor Industries' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.