Thor Long Term Debt vs Operating Income Analysis

THX Stock

CAD 0.40 0.01 2.56%

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 Long Term Debt and its Operating Income 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.

Long Term Debt vs Operating Income

Long Term Debt vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thor Explorations Long Term Debt account and Operating Income. At this time, the significance of the direction appears to have pay attention.

The correlation between Thor Explorations' Long Term Debt and Operating Income is -0.71. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Operating Income 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' Long Term Debt and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Thor Explorations are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Long Term Debt i.e., Thor Explorations' Long Term Debt and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.71

Relationship Direction	Negative
Relationship Strength	Weak

View All Relationships

Long Term Debt

Long-term debt is a debt that Thor Explorations has held for over one year. Long-term debt appears on Thor Explorations balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Thor Explorations balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Operating Income

Operating Income is the amount of profit realized from Thor Explorations operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Thor Explorations is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

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. Enterprise Value Over EBITDA is likely to climb to 2.21 in 2025, whereas Sales General And Administrative To Revenue is likely to drop 0.08 in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	14.6M	13.1M	15.1M	15.8M
Depreciation And Amortization	41.2M	38.1M	43.8M	46.0M

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		0.96	0.98	0.97	0.99	0.91	0.72	0.98	0.56	1.0	0.56	0.93	0.95	-0.37	0.99	0.98	0.94	0.15	0.96	0.73	-0.09	0.86	0.64	0.94	0.86	0.73
Short Long Term Debt Total	0.96		0.95	0.88	0.98	0.98	0.61	0.94	0.43	0.97	0.43	0.88	0.9	-0.35	0.99	0.9	0.94	0.08	0.9	0.87	-0.07	0.76	0.74	0.88	0.82	0.68
Total Current Liabilities	0.98	0.95		0.95	0.95	0.93	0.81	1.0	0.44	0.98	0.44	0.86	0.95	-0.38	0.98	0.97	0.98	0.11	0.99	0.69	-0.06	0.91	0.53	0.87	0.78	0.61
Total Stockholder Equity	0.97	0.88	0.95		0.94	0.81	0.75	0.95	0.63	0.96	0.63	0.94	0.91	-0.36	0.93	0.98	0.9	0.25	0.96	0.58	-0.11	0.89	0.51	0.95	0.86	0.74
Property Plant And Equipment Net	0.99	0.98	0.95	0.94		0.93	0.62	0.95	0.55	0.99	0.55	0.96	0.93	-0.35	0.99	0.93	0.91	0.16	0.91	0.81	-0.11	0.77	0.74	0.95	0.89	0.78
Net Debt	0.91	0.98	0.93	0.81	0.93		0.6	0.91	0.25	0.93	0.25	0.8	0.87	-0.33	0.95	0.83	0.93	0.08	0.87	0.9	-0.06	0.72	0.69	0.79	0.72	0.59
Retained Earnings	0.72	0.61	0.81	0.75	0.62	0.6		0.82	0.25	0.69	0.25	0.51	0.81	-0.29	0.69	0.81	0.77	-0.03	0.86	0.2	0.02	0.92	0.04	0.52	0.43	0.23
Accounts Payable	0.98	0.94	1.0	0.95	0.95	0.91	0.82		0.46	0.98	0.46	0.87	0.97	-0.38	0.98	0.98	0.95	0.11	0.98	0.67	-0.06	0.9	0.55	0.87	0.79	0.63
Cash	0.56	0.43	0.44	0.63	0.55	0.25	0.25	0.46		0.53	1.0	0.65	0.42	-0.21	0.5	0.62	0.37	0.02	0.45	0.19	-0.08	0.43	0.48	0.7	0.71	0.62
Non Current Assets Total	1.0	0.97	0.98	0.96	0.99	0.93	0.69	0.98	0.53		0.53	0.94	0.95	-0.36	0.99	0.96	0.94	0.16	0.95	0.77	-0.1	0.83	0.67	0.94	0.87	0.74
Cash And Short Term Investments	0.56	0.43	0.44	0.63	0.55	0.25	0.25	0.46	1.0	0.53		0.65	0.42	-0.21	0.5	0.62	0.37	0.02	0.45	0.19	-0.08	0.43	0.48	0.7	0.71	0.62
Common Stock Shares Outstanding	0.93	0.88	0.86	0.94	0.96	0.8	0.51	0.87	0.65	0.94	0.65		0.86	-0.38	0.91	0.88	0.79	0.31	0.84	0.7	-0.15	0.68	0.72	0.98	0.92	0.88
Other Current Assets	0.95	0.9	0.95	0.91	0.93	0.87	0.81	0.97	0.42	0.95	0.42	0.86		-0.37	0.95	0.93	0.87	0.1	0.93	0.63	-0.06	0.83	0.57	0.83	0.78	0.63
Other Stockholder Equity	-0.37	-0.35	-0.38	-0.36	-0.35	-0.33	-0.29	-0.38	-0.21	-0.36	-0.21	-0.38	-0.37		-0.37	-0.38	-0.35	-0.19	-0.39	-0.25	-0.06	-0.34	-0.21	-0.34	-0.34	-0.24
Total Liab	0.99	0.99	0.98	0.93	0.99	0.95	0.69	0.98	0.5	0.99	0.5	0.91	0.95	-0.37		0.95	0.94	0.08	0.94	0.8	-0.07	0.81	0.71	0.9	0.84	0.69
Total Current Assets	0.98	0.9	0.97	0.98	0.93	0.83	0.81	0.98	0.62	0.96	0.62	0.88	0.93	-0.38	0.95		0.92	0.11	0.97	0.58	-0.07	0.92	0.51	0.9	0.83	0.65
Short Term Debt	0.94	0.94	0.98	0.9	0.91	0.93	0.77	0.95	0.37	0.94	0.37	0.79	0.87	-0.35	0.94	0.92		0.12	0.97	0.72	-0.05	0.91	0.47	0.82	0.72	0.54
Net Receivables	0.15	0.08	0.11	0.25	0.16	0.08	-0.03	0.11	0.02	0.16	0.02	0.31	0.1	-0.19	0.08	0.11	0.12		0.16	0.05	-0.08	0.12	-0.04	0.31	0.24	0.4
Inventory	0.96	0.9	0.99	0.96	0.91	0.87	0.86	0.98	0.45	0.95	0.45	0.84	0.93	-0.39	0.94	0.97	0.97	0.16		0.59	-0.06	0.96	0.42	0.85	0.75	0.58
Other Current Liab	0.73	0.87	0.69	0.58	0.81	0.9	0.2	0.67	0.19	0.77	0.19	0.7	0.63	-0.25	0.8	0.58	0.72	0.05	0.59		-0.07	0.37	0.85	0.69	0.66	0.6
Short Term Investments	-0.09	-0.07	-0.06	-0.11	-0.11	-0.06	0.02	-0.06	-0.08	-0.1	-0.08	-0.15	-0.06	-0.06	-0.07	-0.07	-0.05	-0.08	-0.06	-0.07		-0.03	-0.16	-0.12	-0.1	-0.4
Non Currrent Assets Other	0.86	0.76	0.91	0.89	0.77	0.72	0.92	0.9	0.43	0.83	0.43	0.68	0.83	-0.34	0.81	0.92	0.91	0.12	0.96	0.37	-0.03		0.17	0.73	0.61	0.41
Non Current Liabilities Total	0.64	0.74	0.53	0.51	0.74	0.69	0.04	0.55	0.48	0.67	0.48	0.72	0.57	-0.21	0.71	0.51	0.47	-0.04	0.42	0.85	-0.16	0.17		0.68	0.72	0.73
Common Stock	0.94	0.88	0.87	0.95	0.95	0.79	0.52	0.87	0.7	0.94	0.7	0.98	0.83	-0.34	0.9	0.9	0.82	0.31	0.85	0.69	-0.12	0.73	0.68		0.93	0.87
Other Liab	0.86	0.82	0.78	0.86	0.89	0.72	0.43	0.79	0.71	0.87	0.71	0.92	0.78	-0.34	0.84	0.83	0.72	0.24	0.75	0.66	-0.1	0.61	0.72	0.93		0.85
Net Tangible Assets	0.73	0.68	0.61	0.74	0.78	0.59	0.23	0.63	0.62	0.74	0.62	0.88	0.63	-0.24	0.69	0.65	0.54	0.4	0.58	0.6	-0.4	0.41	0.73	0.87	0.85

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Thor Explorations Account Relationship Matchups

Thor Explorations fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	141.5M	263.2M	223.3M	341.7M	392.9M	412.6M
Short Long Term Debt Total	20.6M	91.6M	43.6M	72.9M	83.9M	88.0M
Total Current Liabilities	17.1M	107.4M	78.8M	167.5M	192.6M	202.2M
Total Stockholder Equity	77.9M	75.2M	86.8M	147.9M	170.1M	178.6M
Property Plant And Equipment Net	107.9M	213.7M	166.4M	206.3M	237.3M	249.1M
Net Debt	(7.6M)	89.9M	36.9M	62.6M	72.0M	75.6M
Retained Earnings	(24.8M)	(26.7M)	5.5M	40.0M	36.0M	37.8M
Accounts Payable	10.4M	44.7M	46.9M	77.4M	89.0M	93.5M
Cash	28.3M	1.6M	6.7M	10.3M	11.9M	12.5M
Non Current Assets Total	108.2M	233.0M	186.0M	265.8M	305.7M	320.9M
Cash And Short Term Investments	28.3M	1.6M	6.7M	10.3M	11.9M	12.5M
Common Stock Shares Outstanding	549.4M	625.4M	650.3M	655.2M	753.5M	791.2M
Liabilities And Stockholders Equity	141.5M	263.2M	223.3M	341.7M	392.9M	412.6M
Other Current Assets	552.7K	5.2M	10.5M	10.1M	11.6M	12.2M
Other Stockholder Equity	6.3M	5.7M	3.4M	1.0	1.15	1.09
Total Liab	63.6M	188.0M	136.5M	193.7M	222.8M	233.9M
Total Current Assets	33.3M	30.2M	37.3M	75.9M	87.3M	91.6M
Short Term Debt	107.2K	41.7M	5.7M	53.3M	61.3M	64.3M
Net Receivables	56.7K	294.5K	220.4K	370.2K	425.7K	447.0K
Accumulated Other Comprehensive Income	(769.7K)	(3.7M)	(2.5M)	461.5K	415.4K	749.1K
Other Current Liab	6.1M	65.7M	19.6M	21.2M	24.4M	25.6M
Non Current Liabilities Total	46.5M	80.6M	57.7M	26.2M	30.2M	19.6M
Common Stock	97.1M	99.9M	80.4M	107.5M	123.6M	129.8M
Net Invested Capital	98.5M	143.5M	114.6M	115.6M	132.9M	94.4M
Net Working Capital	16.2M	(77.2M)	(41.5M)	(69.5M)	(62.5M)	(59.4M)
Capital Stock	97.1M	99.9M	80.4M	81.5M	93.7M	87.8M
Capital Lease Obligations	39.0K	23.2M	15.4M	11.5M	13.2M	11.1M
Property Plant And Equipment Gross	109.0M	215.5M	194.5M	207.8M	238.9M	170.4M

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