| TMG Stock | | | CAD 0.20 0.01 4.76% |
Executive
Jie Zhang is Chief Officer of Thermal Energy International since 2018.
| Tenure | 6 years |
| Address | 36 Antares Drive, Ottawa, ON, Canada, K2E 7W5 |
| Phone | 613-723-6776 |
| Web | https://www.thermalenergy.com |
Thermal Energy Management Efficiency
The company has return on total asset
(ROA) of
0.0665 % which means that it generated a profit of $0.0665 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
0.3706 %, meaning that it generated $0.3706 on every $100 dollars invested by stockholders. Thermal Energy's management efficiency ratios could be used to measure how well Thermal Energy manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Thermal Energy's
Return On Tangible Assets are fairly stable compared to the past year.
Return On Assets is likely to climb to 0.06 in 2024, whereas
Return On Capital Employed is likely to drop 0.21 in 2024. At this time, Thermal Energy's
Total Assets are fairly stable compared to the past year.
Other Current Assets is likely to climb to about 745.1
K in 2024, whereas
Non Currrent Assets Other are likely to drop slightly above 72.7
K in 2024.
Thermal Energy International has accumulated 921.02
K in total debt with debt to equity ratio
(D/E) of 88.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Thermal Energy Inter has a current ratio of 0.81, 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 Thermal Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Thermal Energy'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 Thermal Energy Inter sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thermal to invest in growth at high rates of return. When we think about Thermal Energy's use of debt, we should always consider it together with cash and equity.
Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control products, heat recovery systems, and condensate return solutions in North America, Europe, China, and internationally. The company was founded in 1991 and is headquartered in Ottawa, Canada. Thermal Energy operates under Pollution Treatment Controls classification in Canada and is traded on TSX Venture Exchange. Thermal Energy International (TMG) is traded on TSX Venture Exchange in Canada and employs 7 people. Thermal Energy is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.
Management Performance
Thermal Energy Inter Leadership Team
Elected by the shareholders, the Thermal Energy's board of directors comprises two types of representatives: Thermal Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Thermal. The board's role is to monitor Thermal Energy's management team and ensure that shareholders' interests are well served. Thermal Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Thermal Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thermal 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 Thermal Energy 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.
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Additional Tools for Thermal Stock Analysis
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