Thornburg Income Profitability Analysis
| TBLD Stock | USD 16.64 0.11 0.67% |
Net Income | First Reported 2010-12-31 | Previous Quarter 120.3 M | Current Value 126.3 M | Quarterly Volatility 61 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net Profit Margin | 1.16 | 1.11 |
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| Operating Profit Margin | 1.16 | 1.11 |
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| Pretax Profit Margin | 1.16 | 1.11 |
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For Thornburg Income profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thornburg Income to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thornburg Income Builder utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thornburg Income's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thornburg Income Builder over time as well as its relative position and ranking within its peers.
Thornburg |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thornburg Income. If investors know Thornburg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thornburg Income listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.22 |
The market value of Thornburg Income Builder is measured differently than its book value, which is the value of Thornburg that is recorded on the company's balance sheet. Investors also form their own opinion of Thornburg Income's value that differs from its market value or its book value, called intrinsic value, which is Thornburg Income's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thornburg Income's market value can be influenced by many factors that don't directly affect Thornburg Income's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thornburg Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg Income's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Thornburg Income Builder Shares Owned By Insiders vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Thornburg Income's current stock value. Our valuation model uses many indicators to compare Thornburg Income value to that of its competitors to determine the firm's financial worth. Thornburg Income Builder is currently regarded as top stock in shares outstanding category among its peers. It also is currently regarded as top stock in shares owned by insiders category among its peers . The ratio of Shares Outstanding to Shares Owned By Insiders for Thornburg Income Builder is about 198,036,420 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Thornburg Income by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Thornburg Shares Owned By Insiders vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Thornburg Income |
| = | 32.08 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Thornburg Income |
| = | 0.16 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Thornburg Shares Owned By Insiders Comparison
Thornburg Income is currently under evaluation in shares owned by insiders category among its peers.
Thornburg Income Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Thornburg Income, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thornburg Income will eventually generate negative long term returns. The profitability progress is the general direction of Thornburg Income's change in net profit over the period of time. It can combine multiple indicators of Thornburg Income, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 10.4 M | 6.8 M | |
| Interest Income | 10.4 M | 6.8 M | |
| Operating Income | 120.3 M | 126.3 M | |
| Net Income From Continuing Ops | 120.3 M | 126.3 M | |
| Income Before Tax | 120.3 M | 126.3 M | |
| Net Income | 120.3 M | 126.3 M | |
| Income Tax Expense | -193.1 K | -202.7 K | |
| Total Other Income Expense Net | -3.2 M | -3.4 M | |
| Net Income Per Share | 2.94 | 3.09 |
Thornburg Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Thornburg Income. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Thornburg Income position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Thornburg Income's important profitability drivers and their relationship over time.
Thornburg Income Profitability Trends
Thornburg Income profitability trend refers to the progression of profit or loss within a business. An upward trend means that Thornburg Income's profit has generally increased over time, and a downward profitability trend means profits are declining. Recognizing problems early in profitability trends allows investors to address revenue and cost issues in advance. Investors and analysts usually monitor three types of profitability trends: gross, operating, and net. Gross profit is the difference between revenue and costs of goods sold. Operating profit is Thornburg Income's gross profit minus its overhead. After you account for other unusual revenue, expenses, and costs, you get net profit. Gross profit trends are often a good indicator of future profitability. If you have high gross profit margins, you have a better chance to cover overhead and make money.
Thornburg Income Profitability Drivers Correlations
One of the toughest challenges investors face today is learning how to quickly synthesize and read into endless financial statements and information provided by the company, SEC reporting, and various external parties. Understanding the correlation between Thornburg Income different financial indicators related to revenue and profit generation helps investors identify and prioritize their investing strategies towards Thornburg Income in a much-optimized way. Analyzing correlations between profit drivers that are directly associated with dollar figures is the most effective way to break down Thornburg Income's future profitability.
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Use Thornburg Income in pair-trading
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 Thornburg Income 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 Thornburg Income will appreciate offsetting losses from the drop in the long position's value.Thornburg Income Pair Trading
Thornburg Income Builder Pair Trading Analysis
The ability to find closely correlated positions to Thornburg Income could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thornburg Income 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 Thornburg Income - 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 Thornburg Income Builder to buy it.
The correlation of Thornburg Income 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 Thornburg Income moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thornburg Income Builder 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 Thornburg Income 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.Use Investing Themes to Complement your Thornburg Income position
In addition to having Thornburg Income in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Hedge Funds pool capital from accredited individuals or institutional investors and invest in a variety of assets, often with complex portfolio-construction and risk-management techniques. The Hedge Favorites theme has 37 constituents at this time.
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To fully project Thornburg Income's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Thornburg Income Builder at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Thornburg Income's income statement, its balance sheet, and the statement of cash flows.