Thorney Technologies Stock Working Capital
| TEK Stock | 0.14 0.01 6.67% |
Thorney Technologies fundamentals help investors to digest information that contributes to Thorney Technologies' financial success or failures. It also enables traders to predict the movement of Thorney Stock. The fundamental analysis module provides a way to measure Thorney Technologies' 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 Thorney Technologies stock.
Change In Working Capital is likely to gain to about 310.1 K in 2024, whereas Net Working Capital is likely to drop slightly above 32.9 M in 2024. Thorney | Working Capital |
Thorney Technologies Company Working Capital Analysis
Thorney Technologies' Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .
More About Working Capital | All Equity Analysis
Working Capital | = | Current Assets | - | Current Liabilities |
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
| Competition |
Thorney Net Invested Capital
Net Invested Capital |
|
Based on the company's disclosures, Thorney Technologies has a Working Capital of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and about the same as Energy (which currently averages 0.0) industry. The working capital for all Australia stocks is 100.0% higher than that of the company.
Thorney Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thorney Technologies' direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Thorney Technologies could also be used in its relative valuation, which is a method of valuing Thorney Technologies by comparing valuation metrics of similar companies.Thorney Technologies is currently under evaluation in working capital category among its peers.
Thorney Fundamentals
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.0762 | ||||
| Operating Margin | 1.32 % | ||||
| Current Valuation | (12.98 M) | ||||
| Shares Outstanding | 384.96 M | ||||
| Shares Owned By Insiders | 26.04 % | ||||
| Shares Owned By Institutions | 35.50 % | ||||
| Price To Book | 0.54 X | ||||
| Price To Sales | 0.86 X | ||||
| Revenue | (11.7 M) | ||||
| Gross Profit | (22.55 M) | ||||
| EBITDA | (14.32 M) | ||||
| Net Income | (21.72 M) | ||||
| Total Debt | 1.26 M | ||||
| Book Value Per Share | 0.26 X | ||||
| Cash Flow From Operations | (5.51 M) | ||||
| Earnings Per Share | (0.05) X | ||||
| Target Price | 1.66 | ||||
| Beta | 1.3 | ||||
| Market Capitalization | 55.82 M | ||||
| Total Asset | 104.48 M | ||||
| Retained Earnings | (213.37 M) | ||||
| Net Asset | 104.48 M |
About Thorney Technologies Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thorney Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thorney Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thorney Technologies 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
Explore Investment Opportunities
Additional Tools for Thorney Stock Analysis
When running Thorney Technologies' price analysis, check to measure Thorney Technologies' 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 Thorney Technologies is operating at the current time. Most of Thorney Technologies' value examination focuses on studying past and present price action to predict the probability of Thorney Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thorney Technologies' price. Additionally, you may evaluate how the addition of Thorney Technologies to your portfolios can decrease your overall portfolio volatility.