Thunder Historical Balance Sheet
| THCP Stock | USD 11.42 0.11 0.95% |
Trend analysis of Thunder Bridge Capital balance sheet accounts such as Other Liabilities of 199.2 M, Net Debt of 806.4 K, Accounts Payable of 1.4 M or Cash of 12.4 K provides information on Thunder Bridge's total assets, liabilities, and equity, which is the actual value of Thunder Bridge Capital to its prevalent stockholders. By breaking down trends over time using Thunder Bridge balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Thunder Bridge Capital latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Thunder Bridge Capital is a good buy for the upcoming year.
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About Thunder Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Thunder Bridge Capital at a specified time, usually calculated after every quarter, six months, or one year. Thunder Bridge Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thunder Bridge and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Thunder currently owns. An asset can also be divided into two categories, current and non-current.
Thunder Bridge Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Thunder Bridge assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Thunder Bridge Capital books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Thunder Bridge balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Thunder Bridge Capital are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Current Deferred Revenue
Revenue that has been collected but not yet earned, typically from prepaid service contracts or subscriptions. This amount is considered a liability until the service is provided or the subscription period ends.Most accounts from Thunder Bridge's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Thunder Bridge Capital current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Thunder Bridge Capital. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
| 2010 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 224.8M | 228.6M | 22.6M | 21.5M | Total Current Liabilities | 212.9K | 2.1M | 6.0M | 3.0M |
Thunder Bridge balance sheet Correlations
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Thunder Bridge Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Pair Trading with Thunder Bridge
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thunder Bridge position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thunder Bridge will appreciate offsetting losses from the drop in the long position's value.Moving together with Thunder Stock
| 0.69 | V | Visa Class A | PairCorr |
| 0.68 | DHIL | Diamond Hill Investment | PairCorr |
| 0.82 | DIST | Distoken Acquisition | PairCorr |
Moving against Thunder Stock
The ability to find closely correlated positions to Thunder Bridge could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thunder Bridge when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thunder Bridge - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thunder Bridge Capital to buy it.
The correlation of Thunder Bridge is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thunder Bridge moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thunder Bridge Capital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thunder Bridge can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Thunder Stock Analysis
When running Thunder Bridge's price analysis, check to measure Thunder Bridge'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 Thunder Bridge is operating at the current time. Most of Thunder Bridge's value examination focuses on studying past and present price action to predict the probability of Thunder Bridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thunder Bridge's price. Additionally, you may evaluate how the addition of Thunder Bridge to your portfolios can decrease your overall portfolio volatility.