Therma Bright Stock Net Asset
| THRM Stock | CAD 0.03 0 8.33% |
Therma Bright fundamentals help investors to digest information that contributes to Therma Bright's financial success or failures. It also enables traders to predict the movement of Therma Stock. The fundamental analysis module provides a way to measure Therma Bright's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Therma Bright stock.
Therma | Net Asset |
Therma Bright Company Net Asset Analysis
Therma Bright's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Therma Bright Net Asset | 2.21 M |
Most of Therma Bright's fundamental indicators, such as Net Asset, 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, Therma Bright is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Therma Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Therma Bright is extremely important. It helps to project a fair market value of Therma Stock properly, considering its historical fundamentals such as Net Asset. Since Therma Bright's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Therma Bright's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Therma Bright's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Therma Total Assets
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Based on the recorded statements, Therma Bright has a Net Asset of 2.21 M. This is much higher than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The net asset for all Canada stocks is notably lower than that of the firm.
Therma Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Therma Bright's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Therma Bright could also be used in its relative valuation, which is a method of valuing Therma Bright by comparing valuation metrics of similar companies.Therma Bright is currently under evaluation in net asset category among its peers.
Therma Bright Current Valuation Drivers
We derive many important indicators used in calculating different scores of Therma Bright from analyzing Therma Bright's financial statements. These drivers represent accounts that assess Therma Bright's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Therma Bright's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 30.3M | 82.0M | 36.6M | 9.7M | 16.0M | 9.3M | |
| Enterprise Value | 29.3M | 80.2M | 33.6M | 9.6M | 15.6M | 10.3M |
Therma Fundamentals
| Return On Equity | -1.74 | ||||
| Return On Asset | -0.47 | ||||
| Operating Margin | (64.94) % | ||||
| Current Valuation | 12.26 M | ||||
| Shares Outstanding | 443.14 M | ||||
| Shares Owned By Insiders | 7.58 % | ||||
| Number Of Shares Shorted | 110.06 K | ||||
| Price To Book | 8.06 X | ||||
| Price To Sales | 514.38 X | ||||
| Revenue | 23.9 K | ||||
| Gross Profit | 63.48 K | ||||
| EBITDA | (3.6 M) | ||||
| Net Income | (3.77 M) | ||||
| Cash And Equivalents | 6.18 K | ||||
| Total Debt | 90.39 K | ||||
| Debt To Equity | 844.90 % | ||||
| Current Ratio | 0.08 X | ||||
| Book Value Per Share | 0.01 X | ||||
| Cash Flow From Operations | (2.17 M) | ||||
| Short Ratio | 0.12 X | ||||
| Earnings Per Share | (0.01) X | ||||
| Beta | 3.02 | ||||
| Market Capitalization | 13.29 M | ||||
| Total Asset | 2.21 M | ||||
| Retained Earnings | (35.78 M) | ||||
| Working Capital | (1.69 M) | ||||
| Net Asset | 2.21 M |
About Therma Bright Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Therma Bright's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Therma Bright using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Therma Bright based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Therma Stock Analysis
When running Therma Bright's price analysis, check to measure Therma Bright's 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 Therma Bright is operating at the current time. Most of Therma Bright's value examination focuses on studying past and present price action to predict the probability of Therma Bright's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Therma Bright's price. Additionally, you may evaluate how the addition of Therma Bright to your portfolios can decrease your overall portfolio volatility.