Thor Mining Plc Stock Working Capital
| THR Stock | 0.78 0.05 6.02% |
Thor Mining PLC fundamentals help investors to digest information that contributes to Thor Mining's financial success or failures. It also enables traders to predict the movement of Thor Stock. The fundamental analysis module provides a way to measure Thor Mining'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 Thor Mining stock.
As of November 22, 2024, Net Working Capital is expected to decline to about 692.4 K. In addition to that, Change In Working Capital is expected to decline to 3,800. Thor | Working Capital |
Thor Mining PLC Company Working Capital Analysis
Thor Mining's 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 |
Current Thor Mining Working Capital | 876 K |
Most of Thor Mining's fundamental indicators, such as Working Capital, 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, Thor Mining PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Thor Capital Lease Obligations
Capital Lease Obligations |
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Based on the company's disclosures, Thor Mining PLC has a Working Capital of 876 K. This is 99.88% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The working capital for all United Kingdom stocks is 99.94% higher than that of the company.
Thor Working Capital Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Thor Mining's 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 Thor Mining could also be used in its relative valuation, which is a method of valuing Thor Mining by comparing valuation metrics of similar companies.Thor Mining is currently under evaluation in working capital category among its peers.
Thor Fundamentals
| Return On Equity | -0.18 | ||||
| Return On Asset | -0.11 | ||||
| Current Valuation | 2.9 M | ||||
| Shares Outstanding | 473.26 M | ||||
| Shares Owned By Insiders | 23.31 % | ||||
| Shares Owned By Institutions | 0.16 % | ||||
| Price To Book | 0.28 X | ||||
| EBITDA | (2.51 M) | ||||
| Net Income | (2.47 M) | ||||
| Total Debt | 27 K | ||||
| Book Value Per Share | 0.04 X | ||||
| Cash Flow From Operations | (565 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Target Price | 4.0 | ||||
| Beta | 0.46 | ||||
| Market Capitalization | 3.9 M | ||||
| Total Asset | 13.5 M | ||||
| Retained Earnings | (21.59 M) | ||||
| Working Capital | 876 K | ||||
| Net Asset | 13.5 M |
About Thor Mining Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Thor Mining PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Thor Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Thor Mining PLC 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.
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Thor Mining financial ratios help investors to determine whether Thor 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 Thor with respect to the benefits of owning Thor Mining security.