Ryan Donovan - Thinkific Labs Chief Officer

THNC Stock  CAD 2.98  0.16  5.67%   

Executive

Ryan Donovan is Chief Officer of Thinkific Labs
Address 369 Terminal Avenue, Vancouver, BC, Canada, V6A 4C4
Phone888 832 2409
Webhttps://www.thinkific.com

Thinkific Labs Management Efficiency

The company has return on total asset (ROA) of (0.0252) % which means that it has lost $0.0252 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.012 %, meaning that it generated $0.012 on every $100 dollars invested by stockholders. Thinkific Labs' management efficiency ratios could be used to measure how well Thinkific Labs manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of November 2024, Return On Tangible Assets is likely to drop to -0.11. In addition to that, Return On Capital Employed is likely to drop to -0.17. At this time, Thinkific Labs' Non Currrent Assets Other are very stable compared to the past year. As of the 24th of November 2024, Intangible Assets is likely to grow to about 119.8 K, while Total Assets are likely to drop about 77.4 M.
Thinkific Labs has accumulated 1.03 M in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Thinkific Labs has a current ratio of 8.34, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Thinkific Labs until it has trouble settling it off, either with new capital or with free cash flow. So, Thinkific Labs' 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 Thinkific Labs sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thinkific to invest in growth at high rates of return. When we think about Thinkific Labs' use of debt, we should always consider it together with cash and equity.

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Thinkific Labs Inc. develops, markets, and supports cloud-based platform in Canada, the United States, and internationally. The company was incorporated in 2012 and is headquartered in Vancouver, Canada. THINKIFIC LABS operates under SoftwareApplication classification in Canada and is traded on Toronto Stock Exchange. It employs 450 people. Thinkific Labs (THNC) is traded on Toronto Exchange in Canada and employs 269 people. Thinkific Labs is listed under Application Software category by Fama And French industry classification.

Management Performance

Thinkific Labs Leadership Team

Elected by the shareholders, the Thinkific Labs' board of directors comprises two types of representatives: Thinkific Labs inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Thinkific. The board's role is to monitor Thinkific Labs' management team and ensure that shareholders' interests are well served. Thinkific Labs' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Thinkific Labs' outside directors are responsible for providing unbiased perspectives on the board's policies.
Chris McGuire, Chief Officer
Miranda MBA, CoFounder COO
CPA BA, Chief Officer
Stephen Krenzer, President Director
Janet Craig, Head Relations
LLB BCom, CEO CoFounder
Clovis Cuqui, VP Commerce
Amanda Malko, Chief Officer
Matthew BSc, Chief CoFounder
Ed Ma, General VP
Ryan Donovan, Chief Officer

Thinkific Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Thinkific Labs a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Thinkific Labs

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thinkific Labs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thinkific Labs will appreciate offsetting losses from the drop in the long position's value.

Moving against Thinkific Stock

  0.73CTF-UN Citadel IncomePairCorr
The ability to find closely correlated positions to Thinkific Labs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thinkific Labs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thinkific Labs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thinkific Labs to buy it.
The correlation of Thinkific Labs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thinkific Labs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thinkific Labs moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thinkific Labs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Thinkific Stock

Thinkific Labs financial ratios help investors to determine whether Thinkific Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thinkific with respect to the benefits of owning Thinkific Labs security.