Thor Financial Statements From 2010 to 2024
| THXPF Stock | USD 0.21 0.01 4.55% |
Check Thor Explorations financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thor Explorations' main balance sheet or income statement drivers, such as , as well as many indicators such as . Thor financial statements analysis is a perfect complement when working with Thor Explorations Valuation or Volatility modules.
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Thor Explorations Company Return On Equity Analysis
Thor Explorations' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Thor Explorations Return On Equity | 0.21 |
Most of Thor Explorations' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Thor Explorations is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Thor Explorations has a Return On Equity of 0.2136. This is 76.53% lower than that of the Basic Materials sector and 113.6% higher than that of the Gold industry. The return on equity for all United States stocks is 168.9% lower than that of the firm.
Thor Explorations Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Thor Explorations's current stock value. Our valuation model uses many indicators to compare Thor Explorations value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thor Explorations competition to find correlations between indicators driving Thor Explorations's intrinsic value. More Info.Thor Explorations is currently regarded as top stock in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.26 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thor Explorations is roughly 3.92 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thor Explorations' earnings, one of the primary drivers of an investment's value.About Thor Explorations Financial Statements
Thor Explorations stakeholders use historical fundamental indicators, such as Thor Explorations' revenue or net income, to determine how well the company is positioned to perform in the future. Although Thor Explorations investors may analyze each financial statement separately, they are all interrelated. For example, changes in Thor Explorations' assets and liabilities are reflected in the revenues and expenses on Thor Explorations' 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 Thor Explorations. Please read more on our technical analysis and fundamental analysis pages.
Thor Explorations Ltd., a natural resources company, engages in the acquisition, exploration, development, and production of mineral properties in Senegal, Burkina Faso, Nigeria, and Canada. The company was incorporated in 1968 and is based in Vancouver, Canada. Thor Exploration is traded on OTC Exchange in the United States.
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Other Information on Investing in Thor Pink Sheet
Thor Explorations financial ratios help investors to determine whether Thor Pink Sheet 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 Thor with respect to the benefits of owning Thor Explorations security.