Thor Change To Netincome vs Stock Based Compensation 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 Change To Netincome and its Stock Based Compensation 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.

Change To Netincome vs Stock Based Compensation

Change To Netincome vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thor Mining PLC Change To Netincome account and Stock Based Compensation. At this time, the significance of the direction appears to have strong relationship.
The correlation between Thor Mining's Change To Netincome and Stock Based Compensation is 0.72. Overlapping area represents the amount of variation of Change To Netincome that can explain the historical movement of Stock Based Compensation 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 Change To Netincome and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Change To Netincome of Thor Mining PLC are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Change To Netincome i.e., Thor Mining's Change To Netincome and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Change To Netincome

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
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

0.20.990.14-0.830.21-0.230.990.24-0.23-0.10.35-0.090.930.13-0.240.960.140.360.64-0.13-0.030.91-0.220.25-0.09
0.20.120.56-0.10.64-0.50.25-0.41-0.5-0.160.120.20.230.75-0.370.26-0.180.410.210.490.210.380.06-0.210.53
0.990.120.05-0.850.14-0.160.970.29-0.16-0.150.36-0.10.930.03-0.170.940.160.310.64-0.22-0.020.88-0.250.25-0.19
0.140.560.050.160.64-0.940.28-0.33-0.940.56-0.420.07-0.050.87-0.870.33-0.150.38-0.10.8-0.070.40.020.040.82
-0.83-0.1-0.850.160.020.01-0.78-0.470.010.45-0.580.06-0.870.090.01-0.74-0.27-0.12-0.840.37-0.18-0.720.150.00.34
0.210.640.140.640.02-0.640.28-0.43-0.640.22-0.020.320.090.61-0.470.34-0.20.46-0.120.36-0.140.47-0.290.120.41
-0.23-0.5-0.16-0.940.01-0.64-0.360.151.0-0.450.37-0.14-0.03-0.720.89-0.390.05-0.270.0-0.57-0.02-0.50.080.05-0.6
0.990.250.970.28-0.780.28-0.360.21-0.36-0.020.27-0.130.890.23-0.390.980.110.380.6-0.02-0.040.94-0.240.240.01
0.24-0.410.29-0.33-0.47-0.430.150.210.15-0.21-0.08-0.280.19-0.480.040.170.32-0.650.25-0.43-0.080.060.00.0-0.41
-0.23-0.5-0.16-0.940.01-0.641.0-0.360.15-0.450.37-0.14-0.03-0.720.89-0.390.05-0.270.0-0.57-0.02-0.50.080.05-0.6
-0.1-0.16-0.150.560.450.22-0.45-0.02-0.21-0.45-0.49-0.06-0.350.42-0.470.020.020.06-0.560.58-0.550.090.320.50.57
0.350.120.36-0.42-0.58-0.020.370.27-0.080.37-0.490.030.49-0.120.360.260.320.170.51-0.390.420.340.02-0.28-0.35
-0.090.2-0.10.070.060.32-0.14-0.13-0.28-0.14-0.060.03-0.060.080.31-0.120.230.12-0.01-0.120.210.010.16-0.14-0.11
0.930.230.93-0.05-0.870.09-0.030.890.19-0.03-0.350.49-0.060.03-0.030.850.010.40.71-0.250.160.78-0.160.16-0.23
0.130.750.030.870.090.61-0.720.23-0.48-0.720.42-0.120.080.03-0.640.25-0.150.50.010.88-0.060.380.230.070.9
-0.24-0.37-0.17-0.870.01-0.470.89-0.390.040.89-0.470.360.31-0.03-0.64-0.420.14-0.190.01-0.590.07-0.470.160.0-0.61
0.960.260.940.33-0.740.34-0.390.980.17-0.390.020.26-0.120.850.25-0.420.140.340.570.020.00.92-0.240.20.06
0.14-0.180.16-0.15-0.27-0.20.050.110.320.050.020.320.230.01-0.150.140.14-0.530.32-0.180.140.20.33-0.25-0.16
0.360.410.310.38-0.120.46-0.270.38-0.65-0.270.060.170.120.40.5-0.190.34-0.530.160.330.00.4-0.310.20.33
0.640.210.64-0.1-0.84-0.120.00.60.250.0-0.560.51-0.010.710.010.010.570.320.16-0.20.30.54-0.15-0.18-0.18
-0.130.49-0.220.80.370.36-0.57-0.02-0.43-0.570.58-0.39-0.12-0.250.88-0.590.02-0.180.33-0.2-0.220.050.290.141.0
-0.030.21-0.02-0.07-0.18-0.14-0.02-0.04-0.08-0.02-0.550.420.210.16-0.060.070.00.140.00.3-0.22-0.040.0-0.83-0.22
0.910.380.880.4-0.720.47-0.50.940.06-0.50.090.340.010.780.38-0.470.920.20.40.540.05-0.04-0.160.20.1
-0.220.06-0.250.020.15-0.290.08-0.240.00.080.320.020.16-0.160.230.16-0.240.33-0.31-0.150.290.0-0.160.050.28
0.25-0.210.250.040.00.120.050.240.00.050.5-0.28-0.140.160.070.00.2-0.250.2-0.180.14-0.830.20.050.12
-0.090.53-0.190.820.340.41-0.60.01-0.41-0.60.57-0.35-0.11-0.230.9-0.610.06-0.160.33-0.181.0-0.220.10.280.12
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Thor Mining Account Relationship Matchups

Thor Mining fundamental ratios Accounts

201920202021202220232024 (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 Other87K(131K)671K192K12.0M12.6M
Common Stock Total Equity64K81K122K162K145.8K138.5K
Common Stock Shares Outstanding99.0M149.7M201.4M222.8M272.7M286.3M
Other Current Assets19K22K24K40K144K26.6K
Other Stockholder Equity25.4M24.7M24.5M34.0M28.9M19.4M
Common Stock81K122K162K201K4.0M4.2M
Property Plant And Equipment Net11.7M12.3M10.1M12.4M42K39.9K
Property Plant And Equipment Gross12.3M10.1M12.5M12.9M14.8M15.5M
Accumulated Other Comprehensive Income2.5M2.0M3.0M2.0M1.9M2.0M
Net Tangible Assets354K2.2M2.1M1.6M1.8M1.9M
Other Assets433K1.1M68K105K120.8K114.7K
Net Receivables21K36K196K15K9K8.6K
Property Plant Equipment48K17K62K110K126.5K132.8K
Net Invested Capital12.6M12.3M14.4M14.3M16.4M13.7M
Net Working Capital(116K)517K1.8M876K1.0M692.4K
Capital Stock122K162K3.8M239K274.9K261.1K

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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.