Thor Mining EBITDA vs. Retained Earnings
| THR Stock | 0.70 0.03 4.11% |
EBITDA | First Reported 2010-12-31 | Previous Quarter -2.5 M | Current Value -2.4 M | Quarterly Volatility 733.5 K |
For Thor Mining profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Thor Mining to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Thor Mining PLC utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Thor Mining's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Thor Mining PLC over time as well as its relative position and ranking within its peers.
Thor |
Thor Mining PLC Retained Earnings vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Thor Mining's current stock value. Our valuation model uses many indicators to compare Thor Mining value to that of its competitors to determine the firm's financial worth. Thor Mining PLC is rated below average in ebitda category among its peers. It is rated below average in retained earnings category among its peers . At present, Thor Mining's EBITDA is projected to decrease significantly based on the last few years of reporting. 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 Mining's earnings, one of the primary drivers of an investment's value.Thor Retained Earnings vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Thor Mining |
| = | (2.51 M) |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Thor Mining |
| = | (21.59 M) |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Thor Retained Earnings Comparison
Thor Mining is currently under evaluation in retained earnings category among its peers.
Thor Mining Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Thor Mining, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Thor Mining will eventually generate negative long term returns. The profitability progress is the general direction of Thor Mining's change in net profit over the period of time. It can combine multiple indicators of Thor Mining, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 1.9 M | 2 M | |
| Operating Income | -661 K | -694 K | |
| Income Before Tax | -2.6 M | -2.4 M | |
| Net Loss | -2.5 M | -2.4 M | |
| Total Other Income Expense Net | -1.9 M | -1.8 M | |
| Income Tax Expense | -2 M | -1.9 M | |
| Net Loss | -468 K | -491.4 K | |
| Net Loss | -468 K | -491.4 K | |
| Net Interest Income | 1.1 K | 1.2 K | |
| Interest Income | 3.6 K | 3.1 K | |
| Change To Netincome | -74.7 K | -71 K |
Thor Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Thor Mining. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Thor Mining position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Thor Mining's important profitability drivers and their relationship over time.
Use Thor Mining in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thor Mining position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thor Mining will appreciate offsetting losses from the drop in the long position's value.Thor Mining Pair Trading
Thor Mining PLC Pair Trading Analysis
The ability to find closely correlated positions to Thor Mining could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thor Mining when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thor Mining - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thor Mining PLC to buy it.
The correlation of Thor Mining is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thor Mining moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thor Mining PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thor Mining can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Thor Mining position
In addition to having Thor Mining in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Other Information on Investing in Thor Stock
To fully project Thor Mining's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Thor Mining PLC at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Thor Mining's income statement, its balance sheet, and the statement of cash flows.