Thor Capital Expenditures vs Sale Purchase Of Stock Analysis
THR Stock | 0.83 0.03 3.75% |
Thor Mining financial indicator trend analysis is much more than just breaking down Thor Mining PLC prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thor Mining PLC is a good investment. Please check the relationship between Thor Mining Capital Expenditures and its Sale Purchase Of Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Mining PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Capital Expenditures vs Sale Purchase Of Stock
Capital Expenditures vs Sale Purchase Of Stock Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thor Mining PLC Capital Expenditures account and Sale Purchase Of Stock. At this time, the significance of the direction appears to have weak relationship.
The correlation between Thor Mining's Capital Expenditures and Sale Purchase Of Stock is 0.34. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Sale Purchase Of Stock in the same time period over historical financial statements of Thor Mining PLC, assuming nothing else is changed. The correlation between historical values of Thor Mining's Capital Expenditures and Sale Purchase Of Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Thor Mining PLC are associated (or correlated) with its Sale Purchase Of Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Sale Purchase Of Stock has no effect on the direction of Capital Expenditures i.e., Thor Mining's Capital Expenditures and Sale Purchase Of Stock go up and down completely randomly.
Correlation Coefficient | 0.34 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Capital Expenditures
Capital Expenditures are funds used by Thor Mining PLC to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Thor Mining operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Sale Purchase Of Stock
Most indicators from Thor Mining's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thor Mining PLC 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 Thor Mining PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. The current year's Selling General Administrative is expected to grow to about 139.1 K. The current year's Issuance Of Capital Stock is expected to grow to about 1.6 M
Thor Mining fundamental ratios Correlations
Click cells to compare fundamentals
Thor Mining Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Thor Mining fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Net Debt | (481K) | (191K) | (773K) | (1.1M) | (778K) | (816.9K) | |
Retained Earnings | (15.5M) | (16.3M) | (18.2M) | (19.4M) | (21.6M) | (20.5M) | |
Non Currrent Assets Other | 87K | (131K) | 671K | 192K | 12.0M | 12.6M | |
Common Stock Total Equity | 64K | 81K | 122K | 162K | 145.8K | 138.5K | |
Common Stock Shares Outstanding | 99.0M | 149.7M | 201.4M | 222.8M | 272.7M | 286.3M | |
Other Current Assets | 19K | 22K | 24K | 40K | 144K | 26.6K | |
Other Stockholder Equity | 25.4M | 24.7M | 24.5M | 34.0M | 28.9M | 19.4M | |
Common Stock | 81K | 122K | 162K | 201K | 4.0M | 4.2M | |
Property Plant And Equipment Net | 11.7M | 12.3M | 10.1M | 12.4M | 42K | 39.9K | |
Property Plant And Equipment Gross | 12.3M | 10.1M | 12.5M | 12.9M | 14.8M | 15.5M | |
Accumulated Other Comprehensive Income | 2.5M | 2.0M | 3.0M | 2.0M | 1.9M | 2.0M | |
Net Tangible Assets | 354K | 2.2M | 2.1M | 1.6M | 1.8M | 1.9M | |
Other Assets | 433K | 1.1M | 68K | 105K | 120.8K | 114.7K | |
Net Receivables | 21K | 36K | 196K | 15K | 9K | 8.6K | |
Property Plant Equipment | 48K | 17K | 62K | 110K | 126.5K | 132.8K | |
Net Invested Capital | 12.6M | 12.3M | 14.4M | 14.3M | 16.4M | 13.7M | |
Net Working Capital | (116K) | 517K | 1.8M | 876K | 1.0M | 692.4K | |
Capital Stock | 122K | 162K | 3.8M | 239K | 274.9K | 261.1K |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Thor Stock
Balance Sheet is a snapshot of the financial position of Thor Mining PLC at a specified time, usually calculated after every quarter, six months, or one year. Thor Mining Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thor Mining 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 Thor currently owns. An asset can also be divided into two categories, current and non-current.