Thunder Net Debt vs Other Assets Analysis

THCP Stock

USD 11.42 0.11 0.95%

Thunder Bridge financial indicator trend analysis is much more than just breaking down Thunder Bridge Capital prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thunder Bridge Capital is a good investment. Please check the relationship between Thunder Bridge Net Debt and its Other Assets accounts. 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.

Net Debt vs Other Assets

Net Debt vs Other Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thunder Bridge Capital Net Debt account and Other Assets. At this time, the significance of the direction appears to have pay attention.

The correlation between Thunder Bridge's Net Debt and Other Assets is -0.87. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Other Assets in the same time period over historical financial statements of Thunder Bridge Capital, assuming nothing else is changed. The correlation between historical values of Thunder Bridge's Net Debt and Other Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Thunder Bridge Capital are associated (or correlated) with its Other Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Assets has no effect on the direction of Net Debt i.e., Thunder Bridge's Net Debt and Other Assets go up and down completely randomly.

Correlation Coefficient

-0.87

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Other Assets

Most indicators from Thunder Bridge's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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.

At this time, Thunder Bridge's Tax Provision is relatively stable compared to the past year. As of 11/24/2024, Enterprise Value Over EBITDA is likely to grow to 67.93, while Enterprise Value is likely to drop slightly above 237.9 M.

	2010	2022	2023	2024 (projected)
Interest Income	7.9K	3.4M	7.8M	4.1M
Net Interest Income	7.9K	3.4M	7.8M	4.1M

Interest Income Net Interest Income

Thunder Bridge fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Total Current Assets	Capital Stock	Net Working Capital	Common Stock	Short Long Term Debt Total
Total Assets		-0.98	-0.89	1.0	0.94	-0.95	-0.92	0.97	-0.6	0.79	1.0	1.0	0.94	0.79	1.0	1.0	0.84	0.88	0.11	-0.89	1.0	0.83	1.0	0.95	1.0	-0.96
Other Current Liab	-0.98		0.92	-0.98	-0.94	0.93	0.97	-0.93	0.73	-0.89	-0.98	-0.98	-0.94	-0.89	-0.98	-0.98	-0.93	-0.95	0.06	0.79	-0.98	-0.91	-0.98	-0.99	-0.98	0.94
Total Current Liabilities	-0.89	0.92		-0.89	-0.73	0.95	0.93	-0.77	0.79	-0.89	-0.89	-0.89	-0.73	-0.89	-0.92	-0.89	-0.89	-0.93	0.2	0.7	-0.89	-0.91	-0.89	-0.95	-0.89	0.95
Total Stockholder Equity	1.0	-0.98	-0.89		0.94	-0.95	-0.92	0.98	-0.6	0.79	1.0	1.0	0.94	0.79	1.0	1.0	0.84	0.88	0.12	-0.89	1.0	0.83	1.0	0.95	1.0	-0.96
Other Liab	0.94	-0.94	-0.73	0.94		-0.8	-0.87	0.96	-0.56	0.75	0.94	0.94	1.0	0.75	0.91	0.94	0.82	0.83	0.1	-0.79	0.94	0.78	0.94	0.89	0.94	-0.82
Net Tangible Assets	-0.95	0.93	0.95	-0.95	-0.8		0.88	-0.89	0.59	-0.76	-0.95	-0.95	-0.8	-0.76	-0.98	-0.95	-0.79	-0.84	-0.1	0.88	-0.95	-0.79	-0.95	-0.92	-0.95	1.0
Net Debt	-0.92	0.97	0.93	-0.92	-0.87	0.88		-0.82	0.86	-0.97	-0.92	-0.92	-0.87	-0.97	-0.92	-0.92	-0.99	-1.0	0.28	0.64	-0.92	-0.98	-0.92	-0.99	-0.92	0.89
Retained Earnings	0.97	-0.93	-0.77	0.98	0.96	-0.89	-0.82		-0.43	0.65	0.97	0.97	0.96	0.65	0.96	0.97	0.73	0.77	0.3	-0.94	0.98	0.7	0.97	0.87	0.97	-0.9
Accounts Payable	-0.6	0.73	0.79	-0.6	-0.56	0.59	0.86	-0.43		-0.96	-0.6	-0.6	-0.56	-0.96	-0.61	-0.6	-0.93	-0.91	0.73	0.18	-0.6	-0.95	-0.6	-0.81	-0.6	0.59
Cash	0.79	-0.89	-0.89	0.79	0.75	-0.76	-0.97	0.65	-0.96		0.79	0.79	0.75	1.0	0.79	0.79	0.99	0.99	-0.52	-0.43	0.79	1.0	0.79	0.94	0.79	-0.77
Non Current Assets Total	1.0	-0.98	-0.89	1.0	0.94	-0.95	-0.92	0.97	-0.6	0.79		1.0	0.94	0.79	1.0	1.0	0.84	0.88	0.12	-0.89	1.0	0.83	1.0	0.95	1.0	-0.96
Non Currrent Assets Other	1.0	-0.98	-0.89	1.0	0.94	-0.95	-0.92	0.97	-0.6	0.79	1.0		0.94	0.79	1.0	1.0	0.84	0.88	0.12	-0.89	1.0	0.83	1.0	0.95	1.0	-0.96
Other Assets	0.94	-0.94	-0.73	0.94	1.0	-0.8	-0.87	0.96	-0.56	0.75	0.94	0.94		0.75	0.91	0.94	0.82	0.83	0.1	-0.79	0.94	0.78	0.94	0.89	0.94	-0.82
Cash And Short Term Investments	0.79	-0.89	-0.89	0.79	0.75	-0.76	-0.97	0.65	-0.96	1.0	0.79	0.79	0.75		0.79	0.79	0.99	0.99	-0.52	-0.43	0.79	1.0	0.79	0.94	0.79	-0.77
Common Stock Shares Outstanding	1.0	-0.98	-0.92	1.0	0.91	-0.98	-0.92	0.96	-0.61	0.79	1.0	1.0	0.91	0.79		1.0	0.84	0.88	0.11	-0.89	1.0	0.83	1.0	0.95	1.0	-0.98
Short Term Investments	1.0	-0.98	-0.89	1.0	0.94	-0.95	-0.92	0.97	-0.6	0.79	1.0	1.0	0.94	0.79	1.0		0.84	0.88	0.12	-0.89	1.0	0.83	1.0	0.95	1.0	-0.96
Non Current Liabilities Total	0.84	-0.93	-0.89	0.84	0.82	-0.79	-0.99	0.73	-0.93	0.99	0.84	0.84	0.82	0.99	0.84	0.84		1.0	-0.43	-0.51	0.84	1.0	0.84	0.96	0.84	-0.8
Other Current Assets	0.88	-0.95	-0.93	0.88	0.83	-0.84	-1.0	0.77	-0.91	0.99	0.88	0.88	0.83	0.99	0.88	0.88	1.0		-0.37	-0.57	0.88	0.99	0.88	0.98	0.88	-0.85
Other Stockholder Equity	0.11	0.06	0.2	0.12	0.1	-0.1	0.28	0.3	0.73	-0.52	0.12	0.12	0.1	-0.52	0.11	0.12	-0.43	-0.37		-0.54	0.12	-0.46	0.12	-0.19	0.12	-0.1
Total Liab	-0.89	0.79	0.7	-0.89	-0.79	0.88	0.64	-0.94	0.18	-0.43	-0.89	-0.89	-0.79	-0.43	-0.89	-0.89	-0.51	-0.57	-0.54		-0.89	-0.49	-0.89	-0.72	-0.89	0.89
Net Invested Capital	1.0	-0.98	-0.89	1.0	0.94	-0.95	-0.92	0.98	-0.6	0.79	1.0	1.0	0.94	0.79	1.0	1.0	0.84	0.88	0.12	-0.89		0.82	1.0	0.95	1.0	-0.96
Total Current Assets	0.83	-0.91	-0.91	0.83	0.78	-0.79	-0.98	0.7	-0.95	1.0	0.83	0.83	0.78	1.0	0.83	0.83	1.0	0.99	-0.46	-0.49	0.82		0.83	0.96	0.83	-0.8
Capital Stock	1.0	-0.98	-0.89	1.0	0.94	-0.95	-0.92	0.97	-0.6	0.79	1.0	1.0	0.94	0.79	1.0	1.0	0.84	0.88	0.12	-0.89	1.0	0.83		0.95	1.0	-0.96
Net Working Capital	0.95	-0.99	-0.95	0.95	0.89	-0.92	-0.99	0.87	-0.81	0.94	0.95	0.95	0.89	0.94	0.95	0.95	0.96	0.98	-0.19	-0.72	0.95	0.96	0.95		0.95	-0.93
Common Stock	1.0	-0.98	-0.89	1.0	0.94	-0.95	-0.92	0.97	-0.6	0.79	1.0	1.0	0.94	0.79	1.0	1.0	0.84	0.88	0.12	-0.89	1.0	0.83	1.0	0.95		-0.96
Short Long Term Debt Total	-0.96	0.94	0.95	-0.96	-0.82	1.0	0.89	-0.9	0.59	-0.77	-0.96	-0.96	-0.82	-0.77	-0.98	-0.96	-0.8	-0.85	-0.1	0.89	-0.96	-0.8	-0.96	-0.93	-0.96

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Thunder Bridge Account Relationship Matchups

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	Pair Corr
0.68	DHIL	Diamond Hill Investment	Pair Corr
0.82	DIST	Distoken Acquisition	Pair Corr

Moving against Thunder Stock

0.31

Pintec Technology

Pair Corr

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.

Pair Correlation Correlation Matching

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.

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