Thor Total Assets from 2010 to 2024

THO Stock

USD 95.43 0.41 0.43%

Thor Industries Total Assets yearly trend continues to be very stable with very little volatility. Total Assets are likely to grow to about 7.4 B this year. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals

Total Assets

First Reported

1986-07-31

Previous Quarter

7 B

Current Value

6.9 B

Quarterly Volatility

2.3 B

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Thor Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thor Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 291 M, Total Revenue of 10.5 B or Gross Profit of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.45, Dividend Yield of 0.0128 or PTB Ratio of 1.8. Thor financial statements analysis is a perfect complement when working with Thor Industries Valuation or Volatility modules.

Check out the analysis of Thor Industries Correlation against competitors.

To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.

Latest Thor Industries' Total Assets Growth Pattern

Below is the plot of the Total Assets of Thor Industries over the last few years. Total assets refers to the total amount of Thor Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Thor Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Thor Industries' Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thor Industries' overall financial position and show how it may be relating to other accounts over time.

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Last Reported 7.02 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Total Assets

Timeline

Thor Total Assets Regression Statistics

	Arithmetic Mean	4,022,292,743
	Geometric Mean	2,574,641,149
	Coefficient Of Variation	68.22
	Mean Deviation	2,532,212,526
	Median	2,778,665,000
	Standard Deviation	2,743,932,509
	Sample Variance	7529165.6T
	Range	7.4B
	R-Value	0.96
	Mean Square Error	621014.9T
	R-Squared	0.92
	Slope	589,597,700
	Total Sum of Squares	105408318.6T

Thor Total Assets History

	2024	7.4 B
	2023	7 B
	2022	7.3 B
	2021	7.4 B
	2020	6.7 B
	2019	5.8 B
	2018	5.7 B

Other Fundumenentals of Thor Industries

Intangibles To Total Assets

Thor Industries Total Assets component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Short Term Debt	Accounts Payable	Good Will	Common Stock	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Long Term Debt	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Accumulated Depreciation	Current Deferred Revenue	Long Term Debt Total	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.96	0.86	0.94	0.93	0.96	0.99	0.97	0.74	0.97	0.99	0.48	-0.84	0.98	0.3	0.87	0.92	0.24	0.45	0.06	0.46	0.87	-0.87	0.97	0.85	0.9	0.82
Total Stockholder Equity	0.96		0.69	1.0	0.83	0.85	0.96	0.88	0.75	0.88	0.94	0.49	-0.9	0.97	0.33	0.69	0.87	0.07	0.64	0.15	0.21	0.71	-0.82	0.91	0.77	0.9	0.86
Net Debt	0.86	0.69		0.65	0.86	0.96	0.83	0.92	0.61	0.88	0.87	0.28	-0.57	0.8	0.28	0.99	0.82	0.56	0.06	-0.02	0.7	0.97	-0.75	0.88	0.78	0.74	0.62
Retained Earnings	0.94	1.0	0.65		0.81	0.81	0.94	0.85	0.74	0.86	0.92	0.48	-0.91	0.95	0.37	0.65	0.85	0.07	0.66	0.16	0.14	0.68	-0.79	0.89	0.72	0.9	0.85
Net Receivables	0.93	0.83	0.86	0.81		0.95	0.94	0.95	0.56	0.97	0.9	0.59	-0.78	0.87	0.3	0.88	0.82	0.3	0.19	-0.16	0.6	0.83	-0.88	0.86	0.78	0.79	0.66
Total Liab	0.96	0.85	0.96	0.81	0.95		0.95	0.98	0.68	0.97	0.96	0.44	-0.73	0.92	0.26	0.96	0.89	0.38	0.25	-0.02	0.64	0.95	-0.85	0.94	0.87	0.82	0.73
Total Current Assets	0.99	0.96	0.83	0.94	0.94	0.95		0.95	0.68	0.98	0.97	0.53	-0.87	0.96	0.34	0.84	0.9	0.23	0.43	0.0	0.42	0.84	-0.86	0.95	0.8	0.92	0.79
Intangible Assets	0.97	0.88	0.92	0.85	0.95	0.98	0.95		0.65	0.96	0.95	0.48	-0.8	0.93	0.31	0.93	0.88	0.36	0.32	-0.04	0.54	0.88	-0.87	0.92	0.82	0.82	0.72
Short Term Debt	0.74	0.75	0.61	0.74	0.56	0.68	0.68	0.65		0.61	0.79	0.0	-0.45	0.84	0.15	0.58	0.71	0.13	0.57	0.65	0.28	0.7	-0.58	0.76	0.76	0.66	0.88
Accounts Payable	0.97	0.88	0.88	0.86	0.97	0.97	0.98	0.96	0.61		0.95	0.49	-0.78	0.91	0.25	0.89	0.88	0.24	0.27	-0.06	0.55	0.86	-0.86	0.93	0.81	0.88	0.72
Good Will	0.99	0.94	0.87	0.92	0.9	0.96	0.97	0.95	0.79	0.95		0.42	-0.81	0.98	0.26	0.87	0.92	0.25	0.45	0.13	0.46	0.9	-0.83	0.98	0.87	0.89	0.85
Common Stock	0.48	0.49	0.28	0.48	0.59	0.44	0.53	0.48	0.0	0.49	0.42		-0.75	0.41	0.15	0.37	0.4	0.06	0.26	-0.61	0.23	0.32	-0.41	0.35	0.34	0.32	0.2
Treasury Stock	-0.84	-0.9	-0.57	-0.91	-0.78	-0.73	-0.87	-0.8	-0.45	-0.78	-0.81	-0.75		-0.8	-0.43	-0.6	-0.76	-0.15	-0.57	0.18	-0.08	-0.58	0.69	-0.77	-0.56	-0.79	-0.63
Property Plant Equipment	0.98	0.97	0.8	0.95	0.87	0.92	0.96	0.93	0.84	0.91	0.98	0.41	-0.8		0.26	0.81	0.9	0.17	0.56	0.21	0.41	0.83	-0.85	0.95	0.88	0.86	0.88
Net Tangible Assets	0.3	0.33	0.28	0.37	0.3	0.26	0.34	0.31	0.15	0.25	0.26	0.15	-0.43	0.26		0.24	0.25	0.68	0.1	-0.05	-0.22	0.21	-0.37	0.31	-0.09	0.45	0.17
Long Term Debt	0.87	0.69	0.99	0.65	0.88	0.96	0.84	0.93	0.58	0.89	0.87	0.37	-0.6	0.81	0.24		0.85	0.52	0.06	-0.07	0.74	0.97	-0.78	0.88	0.82	0.73	0.57
Capital Surpluse	0.92	0.87	0.82	0.85	0.82	0.89	0.9	0.88	0.71	0.88	0.92	0.4	-0.76	0.9	0.25	0.85		0.23	0.41	0.2	0.43	0.87	-0.8	0.96	0.87	0.88	0.64
Deferred Long Term Liab	0.24	0.07	0.56	0.07	0.3	0.38	0.23	0.36	0.13	0.24	0.25	0.06	-0.15	0.17	0.68	0.52	0.23		-0.28	-0.17	0.32	0.5	-0.24	0.29	0.06	0.23	0.06
Long Term Investments	0.45	0.64	0.06	0.66	0.19	0.25	0.43	0.32	0.57	0.27	0.45	0.26	-0.57	0.56	0.1	0.06	0.41	-0.28		0.36	-0.29	0.14	-0.29	0.4	0.36	0.39	0.62
Accumulated Depreciation	0.06	0.15	-0.02	0.16	-0.16	-0.02	0.0	-0.04	0.65	-0.06	0.13	-0.61	0.18	0.21	-0.05	-0.07	0.2	-0.17	0.36		-0.2	0.08	0.0	0.18	0.2	0.18	0.33
Current Deferred Revenue	0.46	0.21	0.7	0.14	0.6	0.64	0.42	0.54	0.28	0.55	0.46	0.23	-0.08	0.41	-0.22	0.74	0.43	0.32	-0.29	-0.2		0.7	-0.52	0.43	0.67	0.19	0.23
Long Term Debt Total	0.87	0.71	0.97	0.68	0.83	0.95	0.84	0.88	0.7	0.86	0.9	0.32	-0.58	0.83	0.21	0.97	0.87	0.5	0.14	0.08	0.7		-0.71	0.91	0.85	0.75	0.66
Short Long Term Debt	-0.87	-0.82	-0.75	-0.79	-0.88	-0.85	-0.86	-0.87	-0.58	-0.86	-0.83	-0.41	0.69	-0.85	-0.37	-0.78	-0.8	-0.24	-0.29	0.0	-0.52	-0.71		-0.81	-0.8	-0.73	-0.62
Net Invested Capital	0.97	0.91	0.88	0.89	0.86	0.94	0.95	0.92	0.76	0.93	0.98	0.35	-0.77	0.95	0.31	0.88	0.96	0.29	0.4	0.18	0.43	0.91	-0.81		0.85	0.94	0.78
Cash And Equivalents	0.85	0.77	0.78	0.72	0.78	0.87	0.8	0.82	0.76	0.81	0.87	0.34	-0.56	0.88	-0.09	0.82	0.87	0.06	0.36	0.2	0.67	0.85	-0.8	0.85		0.65	0.7
Net Working Capital	0.9	0.9	0.74	0.9	0.79	0.82	0.92	0.82	0.66	0.88	0.89	0.32	-0.79	0.86	0.45	0.73	0.88	0.23	0.39	0.18	0.19	0.75	-0.73	0.94	0.65		0.71
Capital Stock	0.82	0.86	0.62	0.85	0.66	0.73	0.79	0.72	0.88	0.72	0.85	0.2	-0.63	0.88	0.17	0.57	0.64	0.06	0.62	0.33	0.23	0.66	-0.62	0.78	0.7	0.71

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About Thor Industries Financial Statements

Thor Industries investors utilize fundamental indicators, such as Total Assets, to predict how Thor Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.

	Last Reported	Projected for Next Year
Total Assets	7 B	7.4 B
Intangibles To Total Assets	0.38	0.40

Pair Trading with Thor Industries

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 Industries 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 Industries will appreciate offsetting losses from the drop in the long position's value.

Moving together with Thor Stock

0.76

Ford Motor Aggressive Push

Pair Corr

Moving against Thor Stock

0.53	ZK	ZEEKR Intelligent	Pair Corr
0.41	WKSP	Worksport	Pair Corr
0.34	DAN	Dana Inc	Pair Corr

The ability to find closely correlated positions to Thor Industries 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 Industries 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 Industries - 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 Industries to buy it.

The correlation of Thor Industries 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 Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thor Industries 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 Industries 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.

Pair Correlation Correlation Matching

When determining whether Thor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thor Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thor Industries Stock:

How To Invest In Thor

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Is Thor Stock a good investment?

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What is Thor Industries' Net Worth?

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Largest Automobile Manufacturers Companies

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Check out the analysis of Thor Industries Correlation against competitors.

To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.

You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Is Automobile Manufacturers 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 Thor Industries. If investors know Thor 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 Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.001

Earnings Share

3.92

Revenue Per Share

188.614

Quarterly Revenue Growth

(0.07)

Return On Assets

0.0371

The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' 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 Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' 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 Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' 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.

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Thor Total Assets from 2010 to 2024

Latest Thor Industries' Total Assets Growth Pattern

Thor Total Assets Regression Statistics

Thor Total Assets History

Other Fundumenentals of Thor Industries

Thor Industries Total Assets component correlations

About Thor Industries Financial Statements

Pair Trading with Thor Industries

Moving together with Thor Stock

Moving against Thor Stock

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