Thor Begin Period Cash Flow vs Change To Operating Activities Analysis

THX Stock

CAD 0.30 0.01 3.23%

Thor Explorations financial indicator trend analysis is much more than just breaking down Thor Explorations prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thor Explorations is a good investment. Please check the relationship between Thor Explorations Begin Period Cash Flow and its Change To Operating Activities accounts. 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.

Begin Period Cash Flow vs Change To Operating Activities

Begin Period Cash Flow vs Change To Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thor Explorations Begin Period Cash Flow account and Change To Operating Activities. At this time, the significance of the direction appears to have strong relationship.

The correlation between Thor Explorations' Begin Period Cash Flow and Change To Operating Activities is 0.65. Overlapping area represents the amount of variation of Begin Period Cash Flow that can explain the historical movement of Change To Operating Activities in the same time period over historical financial statements of Thor Explorations, assuming nothing else is changed. The correlation between historical values of Thor Explorations' Begin Period Cash Flow and Change To Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Begin Period Cash Flow of Thor Explorations are associated (or correlated) with its Change To Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Operating Activities has no effect on the direction of Begin Period Cash Flow i.e., Thor Explorations' Begin Period Cash Flow and Change To Operating Activities go up and down completely randomly.

Correlation Coefficient

0.65

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Begin Period Cash Flow

The amount of cash a company has at the beginning of a financial reporting period. It serves as the starting point for calculating the period's cash flow from operations, investing, and financing activities.

Change To Operating Activities

Most indicators from Thor Explorations' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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' Selling General Administrative is fairly stable compared to the past year. Tax Provision is expected to grow at the current pace this year, whereas Issuance Of Capital Stock is likely to drop 0.00 in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	83.8K	14.6M	13.1M	13.8M
Depreciation And Amortization	133.1K	41.2M	38.1M	40.0M

Interest Expense Depreciation And Amortization

Thor Explorations fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Cash And Short Term Investments	Common Stock Shares Outstanding	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Net Receivables	Inventory	Other Current Liab	Short Term Investments	Non Currrent Assets Other	Non Current Liabilities Total	Common Stock	Other Liab	Net Tangible Assets
Total Assets		0.95	0.97	0.96	0.99	0.89	0.63	0.98	0.5	1.0	0.5	0.92	0.93	-0.33	0.99	0.97	0.91	0.06	0.94	0.73	-0.09	0.78	0.7	0.8	0.87	0.73
Short Long Term Debt Total	0.95		0.94	0.84	0.97	0.97	0.49	0.93	0.35	0.97	0.35	0.84	0.86	-0.3	0.99	0.87	0.93	-0.01	0.87	0.89	-0.06	0.66	0.78	0.75	0.8	0.66
Total Current Liabilities	0.97	0.94		0.92	0.93	0.91	0.75	0.99	0.35	0.97	0.35	0.81	0.93	-0.34	0.97	0.95	0.96	0.01	0.98	0.7	-0.05	0.86	0.57	0.66	0.78	0.58
Total Stockholder Equity	0.96	0.84	0.92		0.93	0.75	0.66	0.93	0.59	0.95	0.59	0.92	0.88	-0.31	0.9	0.97	0.85	0.18	0.94	0.55	-0.12	0.83	0.55	0.8	0.88	0.76
Property Plant And Equipment Net	0.99	0.97	0.93	0.93		0.91	0.5	0.94	0.49	0.99	0.49	0.94	0.9	-0.31	0.98	0.91	0.87	0.09	0.88	0.81	-0.11	0.67	0.8	0.85	0.88	0.78
Net Debt	0.89	0.97	0.91	0.75	0.91		0.49	0.89	0.13	0.91	0.13	0.74	0.83	-0.28	0.94	0.78	0.92	0.0	0.83	0.91	-0.05	0.62	0.72	0.63	0.69	0.55
Retained Earnings	0.63	0.49	0.75	0.66	0.5	0.49		0.76	0.14	0.59	0.14	0.37	0.74	-0.24	0.59	0.75	0.69	-0.14	0.82	0.1	0.05	0.91	-0.03	0.15	0.37	0.11
Accounts Payable	0.98	0.93	0.99	0.93	0.94	0.89	0.76		0.38	0.97	0.38	0.83	0.96	-0.34	0.97	0.96	0.93	0.0	0.98	0.67	-0.05	0.85	0.59	0.67	0.79	0.6
Cash	0.5	0.35	0.35	0.59	0.49	0.13	0.14	0.38		0.47	1.0	0.61	0.32	-0.16	0.42	0.59	0.25	-0.03	0.36	0.13	-0.08	0.33	0.46	0.65	0.67	0.59
Non Current Assets Total	1.0	0.97	0.97	0.95	0.99	0.91	0.59	0.97	0.47		0.47	0.92	0.92	-0.32	0.99	0.94	0.91	0.07	0.93	0.78	-0.1	0.74	0.73	0.81	0.87	0.74
Cash And Short Term Investments	0.5	0.35	0.35	0.59	0.49	0.13	0.14	0.38	1.0	0.47		0.61	0.32	-0.16	0.42	0.59	0.25	-0.03	0.36	0.13	-0.08	0.33	0.46	0.65	0.67	0.59
Common Stock Shares Outstanding	0.92	0.84	0.81	0.92	0.94	0.74	0.37	0.83	0.61	0.92	0.61		0.82	-0.34	0.88	0.85	0.72	0.26	0.79	0.68	-0.16	0.56	0.76	0.92	0.92	0.9
Other Current Assets	0.93	0.86	0.93	0.88	0.9	0.83	0.74	0.96	0.32	0.92	0.32	0.82		-0.33	0.92	0.9	0.81	0.0	0.91	0.61	-0.06	0.74	0.6	0.64	0.77	0.6
Other Stockholder Equity	-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
Total Liab	0.99	0.99	0.97	0.9	0.98	0.94	0.59	0.97	0.42	0.99	0.42	0.88	0.92	-0.32		0.93	0.92	-0.01	0.91	0.82	-0.07	0.72	0.76	0.76	0.84	0.68
Total Current Assets	0.97	0.87	0.95	0.97	0.91	0.78	0.75	0.96	0.59	0.94	0.59	0.85	0.9	-0.34	0.93		0.88	0.01	0.96	0.55	-0.06	0.88	0.55	0.72	0.84	0.64
Short Term Debt	0.91	0.93	0.96	0.85	0.87	0.92	0.69	0.93	0.25	0.91	0.25	0.72	0.81	-0.3	0.92	0.88		0.02	0.95	0.73	-0.04	0.86	0.49	0.6	0.7	0.5
Net Receivables	0.06	-0.01	0.01	0.18	0.09	0.0	-0.14	0.0	-0.03	0.07	-0.03	0.26	0.0	-0.16	-0.01	0.01	0.02		0.07	0.01	-0.13	0.01	-0.06	0.3	0.17	0.39
Inventory	0.94	0.87	0.98	0.94	0.88	0.83	0.82	0.98	0.36	0.93	0.36	0.79	0.91	-0.36	0.91	0.96	0.95	0.07		0.57	-0.05	0.93	0.43	0.62	0.75	0.56
Other Current Liab	0.73	0.89	0.7	0.55	0.81	0.91	0.1	0.67	0.13	0.78	0.13	0.68	0.61	-0.21	0.82	0.55	0.73	0.01	0.57		-0.07	0.28	0.86	0.66	0.62	0.58
Short Term Investments	-0.09	-0.06	-0.05	-0.12	-0.11	-0.05	0.05	-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
Non Currrent Assets Other	0.78	0.66	0.86	0.83	0.67	0.62	0.91	0.85	0.33	0.74	0.33	0.56	0.74	-0.29	0.72	0.88	0.86	0.01	0.93	0.28	-0.01		0.12	0.4	0.57	0.33
Non Current Liabilities Total	0.7	0.78	0.57	0.55	0.8	0.72	-0.03	0.59	0.46	0.73	0.46	0.76	0.6	-0.19	0.76	0.55	0.49	-0.06	0.43	0.86	-0.13	0.12		0.78	0.71	0.73
Common Stock	0.8	0.75	0.66	0.8	0.85	0.63	0.15	0.67	0.65	0.81	0.65	0.92	0.64	-0.23	0.76	0.72	0.6	0.3	0.62	0.66	-0.37	0.4	0.78		0.88	0.98
Other Liab	0.87	0.8	0.78	0.88	0.88	0.69	0.37	0.79	0.67	0.87	0.67	0.92	0.77	-0.31	0.84	0.84	0.7	0.17	0.75	0.62	-0.1	0.57	0.71	0.88		0.83
Net Tangible Assets	0.73	0.66	0.58	0.76	0.78	0.55	0.11	0.6	0.59	0.74	0.59	0.9	0.6	-0.2	0.68	0.64	0.5	0.39	0.56	0.58	-0.4	0.33	0.73	0.98	0.83

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Thor Explorations Account Relationship Matchups

Thor Explorations fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	53.7M	141.5M	263.2M	223.3M	341.7M	358.8M
Total Current Liabilities	1.1M	17.1M	107.4M	78.8M	167.5M	175.9M
Total Stockholder Equity	52.6M	77.9M	75.2M	86.8M	147.9M	155.3M
Property Plant And Equipment Net	46.9M	107.9M	213.7M	166.4M	206.3M	216.6M
Net Debt	(5.3M)	(7.6M)	89.9M	36.9M	62.6M	65.7M
Retained Earnings	(21.0M)	(24.8M)	(26.7M)	5.5M	40.0M	42.0M
Accounts Payable	480.2K	10.4M	44.7M	46.9M	77.4M	81.3M
Cash	5.4M	28.3M	1.6M	6.7M	10.3M	10.9M
Non Current Assets Total	47.0M	108.2M	233.0M	186.0M	265.8M	279.1M
Cash And Short Term Investments	5.4M	28.3M	1.6M	6.7M	10.3M	10.9M
Common Stock Shares Outstanding	376.5M	549.4M	625.4M	650.3M	655.2M	688.0M
Liabilities And Stockholders Equity	53.7M	141.5M	263.2M	223.3M	341.7M	358.8M
Other Current Assets	200.3K	552.7K	5.2M	10.5M	10.1M	10.6M
Other Stockholder Equity	5.4M	6.3M	5.7M	3.4M	1.0	0.95
Total Liab	1.1M	63.6M	188.0M	136.5M	193.7M	203.4M
Total Current Assets	6.7M	33.3M	30.2M	37.3M	75.9M	79.7M
Net Receivables	1.1M	56.7K	294.5K	220.4K	370.2K	209.6K
Accumulated Other Comprehensive Income	559.1K	(769.7K)	(3.7M)	(2.5M)	461.5K	749.1K
Other Current Liab	552.6K	6.1M	65.7M	19.6M	21.2M	22.2M
Non Currrent Assets Other	23.3K	4.0	195.3K	282.8K	59.4M	62.3M
Non Current Liabilities Total	35.4K	46.5M	80.6M	57.7M	26.2M	19.6M
Common Stock	67.6M	97.1M	99.9M	80.4M	107.5M	60.0M
Net Tangible Assets	33.1M	42.8M	52.6M	61.6M	70.9M	35.8M
Other Assets	30.1K	23.3K	38.4K	242.0K	278.2K	292.2K
Property Plant Equipment	35.7M	43.1M	46.9M	91.7M	105.4M	110.7M
Net Invested Capital	52.6M	98.5M	143.5M	114.6M	115.6M	94.4M
Net Working Capital	5.7M	16.2M	(77.2M)	(41.5M)	(69.5M)	(66.0M)
Capital Stock	67.6M	97.1M	99.9M	80.4M	81.5M	87.8M

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