Thinkific Historical Balance Sheet

THNC Stock  CAD 3.14  0.02  0.63%   
Trend analysis of Thinkific Labs balance sheet accounts such as Total Current Liabilities of 10.7 M, Total Stockholder Equity of 65.6 M, Net Tangible Assets of 59.5 M or Property Plant And Equipment Net of 2 M provides information on Thinkific Labs' total assets, liabilities, and equity, which is the actual value of Thinkific Labs to its prevalent stockholders. By breaking down trends over time using Thinkific Labs 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Thinkific Labs 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 Thinkific Labs is a good buy for the upcoming year.

Thinkific Labs Inventory

688,037

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thinkific Labs. 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 Thinkific Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Thinkific Labs at a specified time, usually calculated after every quarter, six months, or one year. Thinkific Labs Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thinkific Labs 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 Thinkific currently owns. An asset can also be divided into two categories, current and non-current.

Thinkific Labs Balance Sheet Chart

At this time, Thinkific Labs' Non Current Liabilities Total is very stable compared to the past year. As of the 19th of January 2025, Capital Surpluse is likely to grow to about 8.4 M, while Common Stock Shares Outstanding is likely to drop about 82.3 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of Thinkific Labs 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 Thinkific Labs 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.
Most accounts from Thinkific Labs' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Thinkific Labs 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 Thinkific Labs. 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, Thinkific Labs' Non Current Liabilities Total is very stable compared to the past year. As of the 19th of January 2025, Capital Surpluse is likely to grow to about 8.4 M, while Common Stock Shares Outstanding is likely to drop about 82.3 M.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total2.0M1.0M1.2M1.4M
Total Assets103.0M97.8M112.5M77.4M

Thinkific Labs balance sheet Correlations

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Thinkific Labs Account Relationship Matchups

Thinkific Labs balance sheet Accounts

202020212022202320242025 (projected)
Total Assets12.9M132.4M103.0M97.8M112.5M77.4M
Short Long Term Debt Total1.4M875.3K2.0M1.0M1.2M1.4M
Other Current Liab5.4M1.9M12.1M14.4M16.5M17.3M
Total Current Liabilities6.8M10.4M13.6M15.4M17.7M10.7M
Total Stockholder Equity5.3M121.6M87.8M81.9M94.2M65.6M
Property Plant And Equipment Net1.6M1.5M3.5M1.7M1.9M2.0M
Current Deferred Revenue4.8M6.6M8.2M9.5M11.0M6.8M
Net Debt(7.7M)(125.2M)(91.9M)(85.6M)(77.0M)(80.9M)
Retained Earnings(2.4M)(28.8M)(65.2M)(75.0M)(67.5M)(64.1M)
Accounts Payable369.4K1.3M405.2K457.2K525.7K609.4K
Cash9.1M126.1M93.8M86.6M99.6M70.2M
Non Current Assets Total1.6M2.0M4.3M2.7M3.1M2.5M
Non Currrent Assets Other(1.6M)407.7K660.2K880.2K1.0M1.1M
Cash And Short Term Investments9.1M126.1M93.8M86.6M99.6M70.2M
Net Receivables782.7K1.6M2.3M4.8M5.5M5.8M
Liabilities And Stockholders Equity12.9M132.4M103.0M97.8M112.5M77.4M
Non Current Liabilities Total868.5K359.9K1.5M476.6K428.9K764.3K
Capital Lease Obligations1.4M875.3K2.0M1.0M1.2M1.4M
Other Current Assets572.7K2.8M1.8M3.7M4.3M4.5M
Other Stockholder Equity(12.1M)4.9M6.9M8.7M10.0M10.5M
Total Liab7.6M10.8M15.1M15.9M18.2M11.8M
Net Invested Capital(1.3M)121.6M87.8M81.9M94.2M63.7M
Property Plant And Equipment Gross2.5M1.9M4.3M2.8M3.2M2.8M
Total Current Assets11.4M130.4M98.7M95.1M109.4M74.9M
Capital Stock6.7M145.6M146.2M147.7M169.9M98.7M
Net Working Capital4.6M119.9M85.1M79.8M91.7M64.1M
Short Term Debt492.6K515.3K443.9K555.0K638.3K495.6K
Common Stock127.0K145.6M146.2M147.7M169.9M96.7M

Pair Trading with Thinkific Labs

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thinkific Labs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thinkific Labs will appreciate offsetting losses from the drop in the long position's value.

Moving together with Thinkific Stock

  0.7FFH-PK Fairfax FinancialPairCorr

Moving against Thinkific Stock

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  0.48AOT Ascot ResourcesPairCorr
  0.47SCD Scandium CanadaPairCorr
The ability to find closely correlated positions to Thinkific Labs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thinkific Labs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thinkific Labs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thinkific Labs to buy it.
The correlation of Thinkific Labs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thinkific Labs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thinkific Labs moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thinkific Labs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Thinkific Stock

Balance Sheet is a snapshot of the financial position of Thinkific Labs at a specified time, usually calculated after every quarter, six months, or one year. Thinkific Labs Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Thinkific Labs 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 Thinkific currently owns. An asset can also be divided into two categories, current and non-current.