Thunderbird Entertainment Group Stock Debt To Equity

TBRD Stock  CAD 1.78  0.04  2.30%   
Thunderbird Entertainment Group fundamentals help investors to digest information that contributes to Thunderbird Entertainment's financial success or failures. It also enables traders to predict the movement of Thunderbird Stock. The fundamental analysis module provides a way to measure Thunderbird Entertainment's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Thunderbird Entertainment stock.
Last ReportedProjected for Next Year
Debt To Equity 0.29 (0.06)
Debt To Equity is likely to drop to -0.06 in 2024.
  
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Thunderbird Entertainment Group Company Debt To Equity Analysis

Thunderbird Entertainment's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

 = 

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current Thunderbird Entertainment Debt To Equity

    
  96.20 %  
Most of Thunderbird Entertainment's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thunderbird Entertainment Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Thunderbird Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Thunderbird Entertainment is extremely important. It helps to project a fair market value of Thunderbird Stock properly, considering its historical fundamentals such as Debt To Equity. Since Thunderbird Entertainment's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Thunderbird Entertainment's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Thunderbird Entertainment's interrelated accounts and indicators.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Competition

Thunderbird Total Stockholder Equity

Total Stockholder Equity

72.76 Million

At this time, Thunderbird Entertainment's Total Stockholder Equity is fairly stable compared to the past year.
According to the company disclosure, Thunderbird Entertainment Group has a Debt To Equity of 96%. This is 10.03% lower than that of the Entertainment sector and 12.29% lower than that of the Communication Services industry. The debt to equity for all Canada stocks is 97.54% lower than that of the firm.

Thunderbird Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thunderbird Entertainment's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thunderbird Entertainment could also be used in its relative valuation, which is a method of valuing Thunderbird Entertainment by comparing valuation metrics of similar companies.
Thunderbird Entertainment is currently under evaluation in debt to equity category among its peers.

Thunderbird Fundamentals

About Thunderbird Entertainment Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Thunderbird Entertainment Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thunderbird Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thunderbird Entertainment Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Thunderbird Stock Analysis

When running Thunderbird Entertainment's price analysis, check to measure Thunderbird Entertainment's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thunderbird Entertainment is operating at the current time. Most of Thunderbird Entertainment's value examination focuses on studying past and present price action to predict the probability of Thunderbird Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thunderbird Entertainment's price. Additionally, you may evaluate how the addition of Thunderbird Entertainment to your portfolios can decrease your overall portfolio volatility.