Thor Debt To Assets from 2010 to 2024
| THO Stock | USD 98.13 1.29 1.30% |
Debt To Assets | First Reported 2010-12-31 | Previous Quarter 0.16 | Current Value 0.11 | Quarterly Volatility 0.08454441 |
Check Thor Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thor main balance sheet or income statement drivers, such as Depreciation And Amortization of 334.4 M, Total Revenue of 13.4 B or Gross Profit of 1.9 B, as well as many exotic indicators such as Price To Sales Ratio of 0.45, Dividend Yield of 0.0128 or PTB Ratio of 1.82. Thor financial statements analysis is a perfect complement when working with Thor Industries Valuation or Volatility modules.
Thor | Debt To Assets |
Latest Thor Industries' Debt To Assets Growth Pattern
Below is the plot of the Debt To Assets of Thor Industries over the last few years. It is Thor Industries' Debt To Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thor Industries' overall financial position and show how it may be relating to other accounts over time.
| Debt To Assets | 10 Years Trend |
|
Debt To Assets |
| Timeline |
Thor Debt To Assets Regression Statistics
| Arithmetic Mean | 0.17 | |
| Geometric Mean | 0.11 | |
| Coefficient Of Variation | 48.73 | |
| Mean Deviation | 0.06 | |
| Median | 0.15 | |
| Standard Deviation | 0.08 | |
| Sample Variance | 0.01 | |
| Range | 0.336 | |
| R-Value | 0.10 | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.01 | |
| Significance | 0.71 | |
| Slope | 0 | |
| Total Sum of Squares | 0.10 |
Thor Debt To Assets History
About Thor Industries Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Thor Industries income statement, its balance sheet, and the statement of cash flows. Thor Industries investors use historical funamental indicators, such as Thor Industries's Debt To Assets, to determine how well the company is positioned to perform in the future. Although Thor Industries investors may use each financial statement separately, they are all related. The changes in Thor Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Thor Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Thor Industries Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Thor Industries. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Debt To Assets | 0.16 | 0.11 |
Currently Active Assets on Macroaxis
When determining whether Thor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thor Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thor Industries Stock:Check out the analysis of Thor Industries Correlation against competitors. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.Note that the Thor Industries information on this page should be used as a complementary analysis to other Thor Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Thor Stock analysis
When running Thor Industries' price analysis, check to measure Thor Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thor Industries is operating at the current time. Most of Thor Industries' value examination focuses on studying past and present price action to predict the probability of Thor Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thor Industries' price. Additionally, you may evaluate how the addition of Thor Industries to your portfolios can decrease your overall portfolio volatility.
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Is Thor Industries' industry 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 Thor Industries. If investors know Thor 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 Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Dividend Share 1.86 | Earnings Share 5.05 | Revenue Per Share 194.511 | Quarterly Revenue Growth (0.06) |
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' 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 Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' 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 Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' 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.