Thor Historical Balance Sheet

THX Stock  CAD 0.30  0.02  7.14%   
Trend analysis of Thor Explorations balance sheet accounts such as Property Plant And Equipment Net of 216.6 M, Net Debt of 65.7 M, Retained Earnings of 42 M or Accounts Payable of 81.3 M provides information on Thor Explorations' total assets, liabilities, and equity, which is the actual value of Thor Explorations to its prevalent stockholders. By breaking down trends over time using Thor Explorations 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.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Thor Explorations 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 Thor Explorations is a good buy for the upcoming year.

Thor Explorations Inventory

57.83 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Explorations. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Thor Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Thor Explorations at a specified time, usually calculated after every quarter, six months, or one year. Thor Explorations Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thor Explorations 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.

Thor Explorations Balance Sheet Chart

At this time, Thor Explorations' Non Current Assets Total are fairly stable compared to the past year. Cash And Short Term Investments is likely to climb to about 10.9 M in 2024, whereas Net Receivables is likely to drop slightly above 209.6 K in 2024.

Total Assets

Total assets refers to the total amount of Thor Explorations 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 Thor Explorations 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 Thor Explorations balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Thor Explorations 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.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Total Current Assets

The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.

Short Term Investments

Short Term Investments is an item under the current assets section of Thor Explorations balance sheet. It contains any investments Thor Explorations undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Thor Explorations can easily liquidate in the marketplace.
Most accounts from Thor Explorations' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Thor Explorations 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 Thor Explorations. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Thor Explorations' Non Current Assets Total are fairly stable compared to the past year. Cash And Short Term Investments is likely to climb to about 10.9 M in 2024, whereas Net Receivables is likely to drop slightly above 209.6 K in 2024.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total91.6M43.6M72.9M76.6M
Total Assets263.2M223.3M341.7M358.8M

Thor Explorations balance sheet Correlations

0.950.970.960.990.890.630.980.51.00.50.920.93-0.330.990.970.910.060.940.73-0.090.780.70.80.870.73
0.950.940.840.970.970.490.930.350.970.350.840.86-0.30.990.870.93-0.010.870.89-0.060.660.780.750.80.66
0.970.940.920.930.910.750.990.350.970.350.810.93-0.340.970.950.960.010.980.7-0.050.860.570.660.780.58
0.960.840.920.930.750.660.930.590.950.590.920.88-0.310.90.970.850.180.940.55-0.120.830.550.80.880.76
0.990.970.930.930.910.50.940.490.990.490.940.9-0.310.980.910.870.090.880.81-0.110.670.80.850.880.78
0.890.970.910.750.910.490.890.130.910.130.740.83-0.280.940.780.920.00.830.91-0.050.620.720.630.690.55
0.630.490.750.660.50.490.760.140.590.140.370.74-0.240.590.750.69-0.140.820.10.050.91-0.030.150.370.11
0.980.930.990.930.940.890.760.380.970.380.830.96-0.340.970.960.930.00.980.67-0.050.850.590.670.790.6
0.50.350.350.590.490.130.140.380.471.00.610.32-0.160.420.590.25-0.030.360.13-0.080.330.460.650.670.59
1.00.970.970.950.990.910.590.970.470.470.920.92-0.320.990.940.910.070.930.78-0.10.740.730.810.870.74
0.50.350.350.590.490.130.140.381.00.470.610.32-0.160.420.590.25-0.030.360.13-0.080.330.460.650.670.59
0.920.840.810.920.940.740.370.830.610.920.610.82-0.340.880.850.720.260.790.68-0.160.560.760.920.920.9
0.930.860.930.880.90.830.740.960.320.920.320.82-0.330.920.90.810.00.910.61-0.060.740.60.640.770.6
-0.33-0.3-0.34-0.31-0.31-0.28-0.24-0.34-0.16-0.32-0.16-0.34-0.33-0.32-0.34-0.3-0.16-0.36-0.21-0.07-0.29-0.19-0.23-0.31-0.2
0.990.990.970.90.980.940.590.970.420.990.420.880.92-0.320.930.92-0.010.910.82-0.070.720.760.760.840.68
0.970.870.950.970.910.780.750.960.590.940.590.850.9-0.340.930.880.010.960.55-0.060.880.550.720.840.64
0.910.930.960.850.870.920.690.930.250.910.250.720.81-0.30.920.880.020.950.73-0.040.860.490.60.70.5
0.06-0.010.010.180.090.0-0.140.0-0.030.07-0.030.260.0-0.16-0.010.010.020.070.01-0.130.01-0.060.30.170.39
0.940.870.980.940.880.830.820.980.360.930.360.790.91-0.360.910.960.950.070.57-0.050.930.430.620.750.56
0.730.890.70.550.810.910.10.670.130.780.130.680.61-0.210.820.550.730.010.57-0.070.280.860.660.620.58
-0.09-0.06-0.05-0.12-0.11-0.050.05-0.05-0.08-0.1-0.08-0.16-0.06-0.07-0.07-0.06-0.04-0.13-0.05-0.07-0.01-0.13-0.37-0.1-0.4
0.780.660.860.830.670.620.910.850.330.740.330.560.74-0.290.720.880.860.010.930.28-0.010.120.40.570.33
0.70.780.570.550.80.72-0.030.590.460.730.460.760.6-0.190.760.550.49-0.060.430.86-0.130.120.780.710.73
0.80.750.660.80.850.630.150.670.650.810.650.920.64-0.230.760.720.60.30.620.66-0.370.40.780.880.98
0.870.80.780.880.880.690.370.790.670.870.670.920.77-0.310.840.840.70.170.750.62-0.10.570.710.880.83
0.730.660.580.760.780.550.110.60.590.740.590.90.6-0.20.680.640.50.390.560.58-0.40.330.730.980.83
Click cells to compare fundamentals

Thor Explorations Account Relationship Matchups

Thor Explorations balance sheet Accounts

201920202021202220232024 (projected)
Total Assets53.7M141.5M263.2M223.3M341.7M358.8M
Total Current Liabilities1.1M17.1M107.4M78.8M167.5M175.9M
Total Stockholder Equity52.6M77.9M75.2M86.8M147.9M155.3M
Property Plant And Equipment Net46.9M107.9M213.7M166.4M206.3M216.6M
Net Debt(5.3M)(7.6M)89.9M36.9M62.6M65.7M
Retained Earnings(21.0M)(24.8M)(26.7M)5.5M40.0M42.0M
Accounts Payable480.2K10.4M44.7M46.9M77.4M81.3M
Cash5.4M28.3M1.6M6.7M10.3M10.9M
Non Current Assets Total47.0M108.2M233.0M186.0M265.8M279.1M
Cash And Short Term Investments5.4M28.3M1.6M6.7M10.3M10.9M
Common Stock Shares Outstanding376.5M549.4M625.4M650.3M655.2M688.0M
Liabilities And Stockholders Equity53.7M141.5M263.2M223.3M341.7M358.8M
Other Current Assets200.3K552.7K5.2M10.5M10.1M10.6M
Other Stockholder Equity5.4M6.3M5.7M3.4M1.00.95
Total Liab1.1M63.6M188.0M136.5M193.7M203.4M
Total Current Assets6.7M33.3M30.2M37.3M75.9M79.7M
Net Receivables1.1M56.7K294.5K220.4K370.2K209.6K
Accumulated Other Comprehensive Income559.1K(769.7K)(3.7M)(2.5M)461.5K749.1K
Other Current Liab552.6K6.1M65.7M19.6M21.2M22.2M
Non Currrent Assets Other23.3K4.0195.3K282.8K59.4M62.3M
Non Current Liabilities Total35.4K46.5M80.6M57.7M26.2M19.6M
Common Stock67.6M97.1M99.9M80.4M107.5M60.0M
Net Tangible Assets33.1M42.8M52.6M61.6M70.9M35.8M
Other Assets30.1K23.3K38.4K242.0K278.2K292.2K
Property Plant Equipment35.7M43.1M46.9M91.7M105.4M110.7M
Net Invested Capital52.6M98.5M143.5M114.6M115.6M94.4M
Net Working Capital5.7M16.2M(77.2M)(41.5M)(69.5M)(66.0M)
Capital Stock67.6M97.1M99.9M80.4M81.5M87.8M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Thor Stock Analysis

When running Thor Explorations' price analysis, check to measure Thor Explorations' 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 Thor Explorations is operating at the current time. Most of Thor Explorations' value examination focuses on studying past and present price action to predict the probability of Thor Explorations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Explorations' price. Additionally, you may evaluate how the addition of Thor Explorations to your portfolios can decrease your overall portfolio volatility.