Third Net Income From Continuing Ops from 2010 to 2024

THRD Stock  USD 10.32  0.48  4.44%   
Third Harmonic's Net Loss is decreasing over the years with slightly volatile fluctuation. Net Loss is expected to dwindle to about -37.3 M. During the period from 2010 to 2024 Third Harmonic Net Loss annual values regression line had coefficient of variation of (53.83) and r-squared of  0.60. View All Fundamentals
 
Net Loss  
First Reported
2010-12-31
Previous Quarter
-35.5 M
Current Value
-37.3 M
Quarterly Volatility
10 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Third Harmonic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Third Harmonic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 36.8 K, Selling General Administrative of 10.4 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.7. Third financial statements analysis is a perfect complement when working with Third Harmonic Valuation or Volatility modules.
  
Check out the analysis of Third Harmonic Correlation against competitors.

Latest Third Harmonic's Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Third Harmonic Bio over the last few years. It is Third Harmonic's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Third Harmonic's overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Third Net Income From Continuing Ops Regression Statistics

Arithmetic Mean(18,558,793)
Coefficient Of Variation(53.83)
Mean Deviation8,434,497
Median(12,808,000)
Standard Deviation9,989,354
Sample Variance99.8T
Range24.4M
R-Value(0.78)
Mean Square Error42.6T
R-Squared0.60
Significance0.0007
Slope(1,735,951)
Total Sum of Squares1397T

Third Net Income From Continuing Ops History

2024-37.3 M
2023-35.5 M
2022-35.2 M
2021-29.6 M

About Third Harmonic Financial Statements

Third Harmonic stakeholders use historical fundamental indicators, such as Third Harmonic's Net Income From Continuing Ops, to determine how well the company is positioned to perform in the future. Although Third Harmonic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Third Harmonic's assets and liabilities are reflected in the revenues and expenses on Third Harmonic's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Third Harmonic Bio. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Loss-35.5 M-37.3 M

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When determining whether Third Harmonic Bio is a strong investment it is important to analyze Third Harmonic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Third Harmonic's future performance. For an informed investment choice regarding Third Stock, refer to the following important reports:
Check out the analysis of Third Harmonic Correlation against competitors.
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Is Biotechnology 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 Third Harmonic. If investors know Third 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 Third Harmonic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.97)
Return On Assets
(0.11)
Return On Equity
(0.14)
The market value of Third Harmonic Bio is measured differently than its book value, which is the value of Third that is recorded on the company's balance sheet. Investors also form their own opinion of Third Harmonic's value that differs from its market value or its book value, called intrinsic value, which is Third Harmonic'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 Third Harmonic's market value can be influenced by many factors that don't directly affect Third Harmonic'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 Third Harmonic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Third Harmonic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Third Harmonic'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.