Thor Short Long Term Debt vs Treasury Stock Analysis

THO Stock  USD 97.33  0.30  0.31%   
Thor Industries financial indicator trend analysis is much more than just breaking down Thor Industries prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Thor Industries is a good investment. Please check the relationship between Thor Industries Short Long Term Debt and its Treasury Stock accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.

Short Long Term Debt vs Treasury Stock

Short Long Term Debt vs Treasury Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Thor Industries Short Long Term Debt account and Treasury Stock. At this time, the significance of the direction appears to have strong relationship.
The correlation between Thor Industries' Short Long Term Debt and Treasury Stock is 0.7. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Treasury Stock in the same time period over historical financial statements of Thor Industries, assuming nothing else is changed. The correlation between historical values of Thor Industries' Short Long Term Debt and Treasury Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of Thor Industries are associated (or correlated) with its Treasury Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Treasury Stock has no effect on the direction of Short Long Term Debt i.e., Thor Industries' Short Long Term Debt and Treasury Stock go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Short Long Term Debt

The total of a company’s short-term and long-term borrowings.

Treasury Stock

Most indicators from Thor Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Thor Industries 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 Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.At this time, Thor Industries' Selling General Administrative is very stable compared to the past year. As of the 9th of June 2024, Tax Provision is likely to grow to about 163.2 M, though Discontinued Operations is likely to grow to (1.3 M).
 2021 2022 2023 2024 (projected)
Total Revenue16.3B11.1B12.8B13.4B
Depreciation And Amortization156.9M276.9M318.5M334.4M

Thor Industries fundamental ratios Correlations

0.650.990.971.00.890.950.871.00.870.910.760.930.97-0.460.360.970.990.980.890.720.98-0.080.990.970.49
0.650.60.80.640.330.840.390.640.390.420.570.380.78-0.08-0.420.480.680.590.320.170.570.170.630.780.34
0.990.60.950.990.890.930.890.990.890.940.750.940.95-0.440.40.980.990.990.90.720.99-0.050.980.950.51
0.970.80.950.960.751.00.820.960.820.820.790.810.98-0.330.150.880.970.920.760.570.930.00.950.990.51
1.00.640.990.960.880.950.881.00.880.890.740.930.96-0.460.380.970.980.980.890.740.97-0.10.990.970.46
0.890.330.890.750.880.720.760.90.760.880.530.990.8-0.660.620.960.850.920.970.90.89-0.240.90.810.31
0.950.840.931.00.950.720.790.940.790.80.780.780.98-0.310.090.860.960.910.740.540.910.010.940.980.51
0.870.390.890.820.880.760.790.881.00.830.80.840.76-0.320.50.880.860.850.850.590.85-0.050.870.80.63
1.00.640.990.961.00.90.940.880.880.90.740.940.96-0.480.390.980.980.990.90.750.97-0.110.990.970.47
0.870.390.890.820.880.760.791.00.880.830.80.840.76-0.320.50.880.860.850.850.590.85-0.050.870.80.63
0.910.420.940.820.890.880.80.830.90.830.690.910.83-0.340.470.940.920.930.880.650.95-0.020.880.80.59
0.760.570.750.790.740.530.780.80.740.80.690.620.73-0.160.080.690.780.70.640.280.730.060.740.730.8
0.930.380.940.810.930.990.780.840.940.840.910.620.84-0.610.610.990.90.950.990.870.93-0.210.940.850.39
0.970.780.950.980.960.80.980.760.960.760.830.730.84-0.420.180.90.980.930.790.640.95-0.040.960.980.43
-0.46-0.08-0.44-0.33-0.46-0.66-0.31-0.32-0.48-0.32-0.34-0.16-0.61-0.42-0.5-0.54-0.4-0.49-0.61-0.7-0.450.59-0.52-0.440.12
0.36-0.420.40.150.380.620.090.50.390.50.470.080.610.18-0.50.530.310.40.620.740.42-0.290.40.22-0.07
0.970.480.980.880.970.960.860.880.980.880.940.690.990.9-0.540.530.950.980.960.820.97-0.140.970.910.45
0.990.680.990.970.980.850.960.860.980.860.920.780.90.98-0.40.310.950.960.870.660.99-0.030.980.960.53
0.980.590.990.920.980.920.910.850.990.850.930.70.950.93-0.490.40.980.960.910.750.97-0.10.970.930.48
0.890.320.90.760.890.970.740.850.90.850.880.640.990.79-0.610.620.960.870.910.840.89-0.230.920.810.44
0.720.170.720.570.740.90.540.590.750.590.650.280.870.64-0.70.740.820.660.750.840.71-0.340.770.68-0.04
0.980.570.990.930.970.890.910.850.970.850.950.730.930.95-0.450.420.970.990.970.890.71-0.040.970.930.49
-0.080.17-0.050.0-0.1-0.240.01-0.05-0.11-0.05-0.020.06-0.21-0.040.59-0.29-0.14-0.03-0.1-0.23-0.34-0.04-0.12-0.070.17
0.990.630.980.950.990.90.940.870.990.870.880.740.940.96-0.520.40.970.980.970.920.770.97-0.120.970.44
0.970.780.950.990.970.810.980.80.970.80.80.730.850.98-0.440.220.910.960.930.810.680.93-0.070.970.41
0.490.340.510.510.460.310.510.630.470.630.590.80.390.430.12-0.070.450.530.480.44-0.040.490.170.440.41
Click cells to compare fundamentals

Thor Industries Account Relationship Matchups

Thor Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.8B6.7B7.4B7.3B8.3B8.8B
Other Current Liab35.9M25.7M920.3M912.8M1.0B1.1B
Total Current Liabilities1.5B1.8B1.8B1.7B2.0B2.1B
Total Stockholder Equity2.3B2.9B3.6B4.0B4.6B4.8B
Property Plant And Equipment Net1.1B1.2B1.3B1.4B1.6B1.7B
Net Debt1.1B1.1B1.4B861.4M990.7M1.0B
Retained Earnings2.2B2.8B3.8B4.1B4.7B4.9B
Cash541.4M445.9M311.7M441.2M507.4M532.8M
Non Current Assets Total3.7B3.9B4.3B4.5B5.1B5.4B
Cash And Short Term Investments541.4M445.9M311.7M441.2M507.4M532.8M
Net Receivables814.2M949.9M944.2M643.2M739.7M776.7M
Common Stock Shares Outstanding55.4M55.7M55.3M53.9M61.9M57.6M
Liabilities And Stockholders Equity5.8B6.7B7.4B7.3B8.3B8.8B
Non Current Liabilities Total1.9B1.9B2.1B1.6B1.8B1.9B
Inventory716.3M1.4B1.8B1.7B1.9B2.0B
Other Current Assets30.4M38.4M52.0M56.1M64.5M101.3M
Other Stockholder Equity110.7M100.3M(63.9M)(53.6M)(48.3M)(45.9M)
Total Liab3.4B3.7B3.8B3.3B3.8B4.0B
Total Current Assets2.1B2.8B3.1B2.8B3.2B3.4B
Intangible Assets914.7M937.2M1.1B997.0M1.1B1.2B
Short Long Term Debt Total1.7B1.6B1.8B1.3B1.5B1.6B
Short Term Debt13.8M12.4M13.2M11.4M13.1M10.6M
Accounts Payable636.5M915.0M822.4M736.3M846.7M889.1M
Non Currrent Assets Other91.5M123.8M157.9M149.4M171.8M180.4M
Good Will1.5B1.6B1.8B1.8B2.1B2.2B
Property Plant And Equipment Gross1.1B1.2B1.8B2.0B2.3B2.4B
Accumulated Other Comprehensive Income27.0M44.6M(181.6M)(68.5M)(61.7M)(58.6M)
Common Stock Total Equity6.5M6.5M6.6M6.6M7.6M5.8M
Common Stock6.5M6.6M6.6M6.6M7.6M5.8M
Other Liab224.6M316.4M259.0M230.1M264.7M277.9M
Other Assets170.3M165.0M165.9M155.1M178.4M187.3M
Treasury Stock(348.1M)(351.9M)(360.2M)(543.3M)(489.0M)(464.6M)
Property Plant Equipment1.1B1.2B1.3B1.4B1.6B1.7B
Net Tangible Assets(71.5M)421.4M3.6B1.2B1.4B1.4B
Long Term Debt1.7B1.6B1.8B1.3B1.5B1.6B
Retained Earnings Total Equity2.0B2.1B2.2B3.8B4.4B4.6B
Capital Surpluse436.8M460.5M497.9M539.0M619.9M354.7M
Deferred Long Term Liab9.8M7.0M115.9M2.7M3.1M3.0M
Long Term Investments46.2M0.010.8M126.9M145.9M153.2M

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Additional Information and Resources on Investing in Thor Stock

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 World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Automobile Manufacturers 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 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
(0.05)
Dividend Share
1.89
Earnings Share
4.94
Revenue Per Share
192.223
Quarterly Revenue Growth
(0.04)
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.