Thinkific Labs Stock Today

THNC Stock  CAD 2.82  0.03  1.05%   

Performance

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Odds Of Distress

Over 67

 
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Thinkific Labs is selling at 2.82 as of the 22nd of November 2024; that is 1.05 percent decrease since the beginning of the trading day. The stock's open price was 2.85. Thinkific Labs has more than 67 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Thinkific Labs are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Software & Services
Category
Technology
Classification
Information Technology
Thinkific Labs Inc. develops, markets, and supports cloud-based platform in Canada, the United States, and internationally. The company was incorporated in 2012 and is headquartered in Vancouver, Canada. THINKIFIC LABS operates under SoftwareApplication classification in Canada and is traded on Toronto Stock Exchange. The company has 23.87 M outstanding shares of which 37.04 K shares are at this time shorted by private and institutional investors with about 4.14 days to cover all short positions. More on Thinkific Labs

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Thinkific Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Thinkific Labs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Thinkific Labs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President DirectorStephen Krenzer
Business ConcentrationApplication Software, Software - Application, Information Technology, Information Technology, Software, Software—Application, Technology (View all Sectors)
Thinkific Labs' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Thinkific Labs' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Thinkific Labs can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Thinkific Labs' financial leverage. It provides some insight into what part of Thinkific Labs' total assets is financed by creditors.
Liquidity
Thinkific Labs cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Thinkific Labs has accumulated 1.03 M in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Thinkific Labs has a current ratio of 8.34, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Thinkific Labs until it has trouble settling it off, either with new capital or with free cash flow. So, Thinkific Labs' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Thinkific Labs sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Thinkific to invest in growth at high rates of return. When we think about Thinkific Labs' use of debt, we should always consider it together with cash and equity.

Change In Working Capital

(2.01 Million)
Thinkific Labs (THNC) is traded on Toronto Exchange in Canada and employs 269 people. Thinkific Labs is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 192.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Thinkific Labs's market, we take the total number of its shares issued and multiply it by Thinkific Labs's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Thinkific Labs operates under Software sector and is part of Information Technology industry. The entity has 23.87 M outstanding shares of which 37.04 K shares are at this time shorted by private and institutional investors with about 4.14 days to cover all short positions. Thinkific Labs has accumulated about 93.85 M in cash with (5.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.33.
Check Thinkific Labs Probability Of Bankruptcy
Ownership Allocation
Thinkific Labs shows a total of 23.87 Million outstanding shares. 30% of Thinkific Labs outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Thinkific Ownership Details

Thinkific Labs Risk Profiles

Although Thinkific Labs' alpha and beta are two of the key measurements used to evaluate Thinkific Labs' performance over the market, the standard measures of volatility play an important role as well.

Thinkific Stock Against Markets

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Our tools can tell you how much better you can do entering a position in Thinkific Labs without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Thinkific Labs Corporate Management

Elected by the shareholders, the Thinkific Labs' board of directors comprises two types of representatives: Thinkific Labs inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Thinkific. The board's role is to monitor Thinkific Labs' management team and ensure that shareholders' interests are well served. Thinkific Labs' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Thinkific Labs' outside directors are responsible for providing unbiased perspectives on the board's policies.
Clovis CuquiVP CommerceProfile
Chris McGuireChief OfficerProfile
Miranda MBACoFounder COOProfile
CPA BAChief OfficerProfile
Janet CraigHead RelationsProfile
LLB BComCEO CoFounderProfile

Other Information on Investing in Thinkific Stock

Thinkific Labs financial ratios help investors to determine whether Thinkific Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Thinkific with respect to the benefits of owning Thinkific Labs security.