Third Financial Statements From 2010 to 2025

THRD Stock  USD 5.38  0.01  0.19%   
Third Harmonic's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Third Harmonic's valuation are provided below:
Market Capitalization
242.8 M
Earnings Share
(1.24)
There are over eighty-eight available fundamental trend indicators for Third Harmonic Bio, which can be analyzed over time and compared to other ratios. Investors should ensure to double-check all of Third Harmonic's current performance against the performance from 2010 to 2025 to make sure the company is sustainable down the road.
Check Third Harmonic financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Third Harmonic's main balance sheet or income statement drivers, such as Depreciation And Amortization of 33.1 K, Selling General Administrative of 13.2 M or Total Revenue of 0.0, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.58. Third financial statements analysis is a perfect complement when working with Third Harmonic Valuation or Volatility modules.
  
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Check out the analysis of Third Harmonic Correlation against competitors.

Third Harmonic Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets221.9 M294.6 M82.2 M
Slightly volatile
Other Current Liabilities3.4 M4.3 M2.2 M
Slightly volatile
Total Current Liabilities5.7 M7.1 M3.4 M
Slightly volatile
Other Liabilities4.7 M5.3 M5.8 M
Slightly volatile
Accounts Payable1.8 M1.9 M991.4 K
Slightly volatile
Cash215.5 M285.1 M79.9 M
Slightly volatile
Cash And Short Term Investments215.5 M285.1 M79.9 M
Slightly volatile
Common Stock Shares Outstanding43.6 M41.7 M39.3 M
Slightly volatile
Liabilities And Stockholders Equity221.9 M294.6 M82.2 M
Slightly volatile
Non Current Liabilities Total2.2 M2.3 M28.3 M
Very volatile
Other Current Assets3.1 M5.5 M1.3 M
Slightly volatile
Other Stockholder Equity347.2 M444.8 M143.7 M
Slightly volatile
Total LiabilitiesM9.5 M31.7 M
Very volatile
Total Current Assets218.6 M290.5 M81 M
Slightly volatile
Capital Stock3.3 KK1.8 K
Slightly volatile
Non Current Liabilities Other3.9 M3.6 M5.2 M
Slightly volatile
Net Working Capital212.8 M283.4 M77.6 M
Slightly volatile
Common Stock3.3 KK1.8 K
Slightly volatile
Short and Long Term Debt Total3.1 M3.2 M4.2 M
Slightly volatile
Non Currrent Assets Other872.3 K901 KM
Very volatile
Short Term Debt870.5 K859 K780.3 K
Slightly volatile

Third Harmonic Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling General Administrative13.2 M22.4 M5.3 M
Slightly volatile
Research Development24.3 M36.5 M14.7 M
Slightly volatile
Total Operating Expenses37.5 M58.9 M20 M
Slightly volatile
Interest Expense2.2 M2.3 M8.6 M
Slightly volatile
Net Interest Income10.7 M13.4 M4.4 M
Slightly volatile
Interest Income10.7 M13.4 M4.4 M
Slightly volatile
Cost Of Revenue29.2 K31.5 K36.9 K
Slightly volatile
Reconciled Depreciation31.2 K49 KK
Slightly volatile
Selling And Marketing Expenses28 K31.5 K34.3 K
Slightly volatile

Third Harmonic Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation5.7 M11.1 M2.1 M
Slightly volatile
Begin Period Cash Flow154.4 M269.5 M57.7 M
Slightly volatile
Other Non Cash Items687.8 K724 K1.9 M
Very volatile
Capital Expenditures9.5 K10 K41 K
Pretty Stable
Total Cash From Financing Activities63 M50.5 M35.3 M
Slightly volatile
End Period Cash Flow215.8 M285.5 M80 M
Slightly volatile
Change To Netincome6.5 M5.5 M3.3 M
Slightly volatile
Depreciation31.2 K49 KK
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Capex To Depreciation0.190.20414.2496
Slightly volatile
Payables Turnover0.01490.01710.018
Slightly volatile
Cash Per Share3.926.83111.9089
Slightly volatile
Days Payables Outstanding21.6 K22 K20.2 K
Slightly volatile
Income Quality0.580.75880.7136
Very volatile
Net Debt To EBITDA8.786.20556.1083
Slightly volatile
Current Ratio27.1240.86914.6682
Slightly volatile
Graham Number10.3511.6512.7001
Slightly volatile
Debt To Equity0.01510.01130.0148
Slightly volatile
Capex Per Share2.0E-42.0E-40.001
Pretty Stable
Interest Debt Per Share0.130.07690.1614
Slightly volatile
Debt To Assets0.01450.01090.0143
Slightly volatile
Days Of Payables Outstanding21.6 K22 K20.2 K
Slightly volatile
Ebt Per Ebit1.120.77231.1097
Slightly volatile
Long Term Debt To Capitalization0.01080.01210.0132
Slightly volatile
Total Debt To Capitalization0.01490.01110.0145
Slightly volatile
Debt Equity Ratio0.01510.01130.0148
Slightly volatile
Quick Ratio27.1240.86914.6682
Slightly volatile
Net Income Per E B T0.830.971.0011
Pretty Stable
Cash Ratio26.7440.098914.4554
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.11.00031.0076
Slightly volatile
Debt Ratio0.01450.01090.0143
Slightly volatile

Third Harmonic Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap239.5 M386.5 M203.5 M
Slightly volatile

Third Fundamental Market Drivers

Cash And Short Term Investments285.1 M

Third Upcoming Events

3rd of April 2024
Upcoming Quarterly Report
View
9th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
3rd of April 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Third Harmonic Financial Statements

Third Harmonic stakeholders use historical fundamental indicators, such as Third Harmonic's revenue or net income, to determine how well the company is positioned to perform in the future. Although Third Harmonic investors may analyze each financial statement separately, they are all interrelated. For example, changes in Third Harmonic's assets and liabilities are reflected in the revenues and expenses on Third Harmonic's 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 Third Harmonic Bio. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cost Of Revenue31.5 K29.2 K

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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 Third Harmonic Bio is a strong investment it is important to analyze Third Harmonic'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 Third Harmonic's future performance. For an informed investment choice regarding Third Stock, refer to the following important reports:
Check out the analysis of Third Harmonic Correlation against competitors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Biotechnology 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 Third Harmonic. If investors know Third 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 Third Harmonic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.24)
Return On Assets
(0.15)
Return On Equity
(0.20)
The market value of Third Harmonic Bio is measured differently than its book value, which is the value of Third that is recorded on the company's balance sheet. Investors also form their own opinion of Third Harmonic's value that differs from its market value or its book value, called intrinsic value, which is Third Harmonic'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 Third Harmonic's market value can be influenced by many factors that don't directly affect Third Harmonic'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 Third Harmonic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Third Harmonic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Third Harmonic'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.