Thunderbird Free Cash Flow Yield vs Dividend Yield Analysis

TBRD Stock  CAD 1.75  0.01  0.57%   
Thunderbird Entertainment financial indicator trend analysis is much more than just breaking down Thunderbird Entertainment prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thunderbird Entertainment is a good investment. Please check the relationship between Thunderbird Entertainment Free Cash Flow Yield and its Dividend Yield accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thunderbird Entertainment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

Free Cash Flow Yield vs Dividend Yield

Free Cash Flow Yield vs Dividend Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunderbird Entertainment Free Cash Flow Yield account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Thunderbird Entertainment's Free Cash Flow Yield and Dividend Yield is -0.35. Overlapping area represents the amount of variation of Free Cash Flow Yield that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Thunderbird Entertainment Group, assuming nothing else is changed. The correlation between historical values of Thunderbird Entertainment's Free Cash Flow Yield and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow Yield of Thunderbird Entertainment Group are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Free Cash Flow Yield i.e., Thunderbird Entertainment's Free Cash Flow Yield and Dividend Yield go up and down completely randomly.

Correlation Coefficient

-0.35
Relationship DirectionNegative 
Relationship StrengthInsignificant

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Dividend Yield

Dividend Yield is Thunderbird Entertainment Group dividend as a percentage of Thunderbird Entertainment stock price. Thunderbird Entertainment dividend yield is a measure of Thunderbird Entertainment stock productivity, which can be interpreted as interest rate earned on an Thunderbird Entertainment investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.
Most indicators from Thunderbird Entertainment's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thunderbird Entertainment current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thunderbird Entertainment Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
At this time, Thunderbird Entertainment's Selling General Administrative is fairly stable compared to the past year. Discontinued Operations is likely to climb to about 44.4 K in 2024, whereas Enterprise Value Over EBITDA is likely to drop (66.28) in 2024.
 2021 2022 2023 2024 (projected)
Other Operating Expenses141.6M171.1M196.7M206.5M
Gross Profit39.3M36.9M37.5M31.3M

Thunderbird Entertainment fundamental ratios Correlations

-0.240.990.990.920.97-0.540.850.970.990.960.80.980.941.01.00.970.860.910.930.610.24-0.420.670.970.23
-0.24-0.24-0.23-0.05-0.280.08-0.23-0.19-0.24-0.2-0.16-0.23-0.22-0.24-0.24-0.23-0.34-0.23-0.23-0.010.110.19-0.25-0.24-0.23
0.99-0.240.960.890.95-0.550.840.960.970.940.850.950.91.00.990.940.850.870.870.610.28-0.410.580.950.26
0.99-0.230.960.910.98-0.560.850.980.980.970.720.990.940.970.980.990.860.920.950.580.21-0.420.710.980.21
0.92-0.050.890.910.89-0.430.720.890.950.870.750.930.980.920.90.880.780.910.940.610.21-0.40.740.90.08
0.97-0.280.950.980.89-0.610.840.930.980.930.690.980.920.960.950.980.860.920.910.580.23-0.410.720.950.25
-0.540.08-0.55-0.56-0.43-0.61-0.26-0.41-0.58-0.39-0.52-0.62-0.43-0.53-0.51-0.61-0.52-0.28-0.46-0.33-0.220.18-0.35-0.530.22
0.85-0.230.840.850.720.84-0.260.890.790.920.490.80.740.840.880.850.70.910.720.550.26-0.310.460.820.44
0.97-0.190.960.980.890.93-0.410.890.951.00.720.950.910.960.980.960.820.930.920.60.25-0.40.620.960.26
0.99-0.240.970.980.950.98-0.580.790.950.930.790.990.970.980.970.970.870.910.960.590.21-0.430.740.970.19
0.96-0.20.940.970.870.93-0.390.921.00.930.650.940.890.940.970.960.810.940.910.590.25-0.390.620.950.29
0.8-0.160.850.720.750.69-0.520.490.720.790.650.740.740.840.80.670.690.570.680.490.23-0.350.410.760.07
0.98-0.230.950.990.930.98-0.620.80.950.990.940.740.950.970.970.990.860.90.960.580.21-0.420.740.970.16
0.94-0.220.90.940.980.92-0.430.740.910.970.890.740.950.930.910.910.820.930.980.580.17-0.40.820.930.17
1.0-0.241.00.970.920.96-0.530.840.960.980.940.840.970.930.990.950.860.90.910.620.26-0.410.640.960.25
1.0-0.240.990.980.90.95-0.510.880.980.970.970.80.970.910.990.960.850.910.90.610.26-0.410.610.970.26
0.97-0.230.940.990.880.98-0.610.850.960.970.960.670.990.910.950.960.850.90.930.570.22-0.410.70.960.19
0.86-0.340.850.860.780.86-0.520.70.820.870.810.690.860.820.860.850.850.780.820.480.13-0.450.670.890.29
0.91-0.230.870.920.910.92-0.280.910.930.910.940.570.90.930.90.910.90.780.90.60.22-0.350.720.890.34
0.93-0.230.870.950.940.91-0.460.720.920.960.910.680.960.980.910.90.930.820.90.530.12-0.410.830.930.13
0.61-0.010.610.580.610.58-0.330.550.60.590.590.490.580.580.620.610.570.480.60.530.890.350.360.640.25
0.240.110.280.210.210.23-0.220.260.250.210.250.230.210.170.260.260.220.130.220.120.890.64-0.020.280.17
-0.420.19-0.41-0.42-0.4-0.410.18-0.31-0.4-0.43-0.39-0.35-0.42-0.4-0.41-0.41-0.41-0.45-0.35-0.410.350.64-0.2-0.410.16
0.67-0.250.580.710.740.72-0.350.460.620.740.620.410.740.820.640.610.70.670.720.830.36-0.02-0.20.680.32
0.97-0.240.950.980.90.95-0.530.820.960.970.950.760.970.930.960.970.960.890.890.930.640.28-0.410.680.24
0.23-0.230.260.210.080.250.220.440.260.190.290.070.160.170.250.260.190.290.340.130.250.170.160.320.24
Click cells to compare fundamentals

Thunderbird Entertainment Account Relationship Matchups

Thunderbird Entertainment fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets155.2M160.1M223.7M215.9M172.6M181.2M
Other Current Liab2.8M2.2M1.9M1.4M367K348.7K
Total Current Liabilities73.4M69.4M127.1M125.2M82.7M86.8M
Total Stockholder Equity53.7M63.9M69.8M66.7M69.3M72.8M
Property Plant And Equipment Net31.1M26.0M29.7M26.6M20.7M21.7M
Net Debt56.5M35.4M55.1M49.1M56.5M59.3M
Retained Earnings(14.0M)(8.3M)(4.7M)(9.7M)(7.7M)(8.1M)
Accounts Payable7.7M8.4M27.4M37.8M38.7M40.6M
Cash12.8M22.4M30.2M25.4M25.2M26.5M
Non Current Assets Total81.4M73.3M89.4M82.3M70.3M73.8M
Cash And Short Term Investments12.8M22.4M30.2M25.4M29.2M30.6M
Net Receivables56.2M60.6M98.2M107.7M7.5M7.1M
Common Stock Shares Outstanding50.1M50.9M52.3M49.6M49.8M52.3M
Liabilities And Stockholders Equity155.2M160.1M223.7M215.9M248.2M260.6M
Non Current Liabilities Total28.2M26.8M26.8M24.0M20.6M21.6M
Total Liab101.5M96.2M153.9M149.2M103.3M108.5M
Total Current Assets73.8M86.8M134.3M133.5M102.3M107.4M
Common Stock62.6M67.5M69.4M71.1M81.8M85.9M
Other Stockholder Equity4.7M4.4M4.9M5.0M5.8M3.3M
Other Current Assets4.8M3.8M5.9M5.5M6.4M6.7M
Accumulated Other Comprehensive Income259K177K194K149K171.4K204.2K
Non Currrent Assets Other3.1M4.2M3.1M2.5M2.9M3.1M
Short Long Term Debt Total69.3M57.9M85.3M74.5M85.7M53.7M
Short Term Debt47.8M37.6M63.9M55.7M64.1M40.5M
Other Liab6.7M6.5M5.5M5.2M6.0M5.8M
Net Tangible Assets39.9M50.5M56.7M53.8M61.9M38.0M
Other Assets36.7M34.0M46.6M42.9M49.3M41.1M
Intangible Assets1.2M946K676K406K136K129.2K
Property Plant Equipment31.1M26.0M29.7M26.6M30.6M19.9M
Net Invested Capital95.9M96.7M127.1M117.0M89.1M98.4M
Net Working Capital416K17.5M7.3M8.3M19.6M20.5M
Current Deferred Revenue15.0M21.2M33.8M30.4M34.9M25.5M
Capital Lease Obligations26.9M25.0M28.0M24.1M20.0M23.5M
Deferred Long Term Liab51K246K39K108K97.2K93.1K
Long Term Investments25.3M21.9M36.0M31.4M26.5M30.5M
Short Long Term Debt42.4M32.8M57.3M50.4M19.8M33.7M
Capital Stock62.8M67.6M69.4M71.2M71.3M74.2M

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