Thornburg Historical Financial Ratios
| TBLD Stock | USD 16.78 0.09 0.54% |
Thornburg Income is promptly reporting on over 45 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Invested Capital of 0.0, Average Payables of 14.7 M, Capex To Depreciation of 0.0 or Pb Ratio of 1.0 will help investors to properly organize and evaluate Thornburg Income Builder financial condition quickly.
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About Thornburg Financial Ratios Analysis
Thornburg Income BuilderFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Thornburg Income investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Thornburg financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Thornburg Income history.
Thornburg Income Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Thornburg Income Builder stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Thornburg Income sales, a figure that is much harder to manipulate than other Thornburg Income Builder multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Book Value Per Share
The ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Capex To Depreciation
The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.Most ratios from Thornburg Income's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Thornburg Income Builder current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, 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 Thornburg Income Builder. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. At present, Thornburg Income's PTB Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Days Sales Outstanding is expected to grow to 18.49, whereas Tangible Book Value Per Share is forecasted to decline to 19.09.
| 2010 | 2021 | 2023 | 2024 (projected) | Effective Tax Rate | 0.0461 | 0.002028 | 0.002332 | 0.002215 | Operating Profit Margin | 1.14 | 1.04 | 1.19 | 1.2 |
Thornburg Income fundamentals Correlations
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Thornburg Income Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Thornburg Income Builder is a strong investment it is important to analyze Thornburg Income'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 Thornburg Income's future performance. For an informed investment choice regarding Thornburg Stock, refer to the following important reports:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thornburg Income Builder. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Asset Management & Custody Banks 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 Thornburg Income. If investors know Thornburg 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 Thornburg Income listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.22 |
The market value of Thornburg Income Builder is measured differently than its book value, which is the value of Thornburg that is recorded on the company's balance sheet. Investors also form their own opinion of Thornburg Income's value that differs from its market value or its book value, called intrinsic value, which is Thornburg Income'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 Thornburg Income's market value can be influenced by many factors that don't directly affect Thornburg Income'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 Thornburg Income's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thornburg Income is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thornburg Income'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.