Third Harmonic Net Worth
Third Harmonic Net Worth Breakdown | THRD |
Third Harmonic Net Worth Analysis
Third Harmonic's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Third Harmonic's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Third Harmonic's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Third Harmonic's net worth analysis. One common approach is to calculate Third Harmonic's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Third Harmonic's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Third Harmonic's net worth. This approach calculates the present value of Third Harmonic's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Third Harmonic's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Third Harmonic's net worth. This involves comparing Third Harmonic's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Third Harmonic's net worth relative to its peers.
To determine if Third Harmonic is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Third Harmonic's net worth research are outlined below:
| Third Harmonic Bio had very high historical volatility over the last 90 days | |
| Net Loss for the year was (30.82 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Third Harmonic Bio currently holds about 112.73 M in cash with (20.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 25.53, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Third Harmonic Bio has a frail financial position based on the latest SEC disclosures | |
| Over 92.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Wall Street Analysts Believe Third Harmonic Bio, Inc. Could Rally 26.67 percent Heres is How to Trade |
Third Harmonic uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Third Harmonic Bio. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Third Harmonic's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 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 |
Know Third Harmonic's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Third Harmonic is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Third Harmonic Bio backward and forwards among themselves. Third Harmonic's institutional investor refers to the entity that pools money to purchase Third Harmonic's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-06-30 | 432.5 K | State Street Corp | 2024-06-30 | 385.9 K | Schonfeld Strategic Advisors Llc | 2024-06-30 | 330.2 K | Amvescap Plc. | 2024-06-30 | 271 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 255.4 K | Sio Capital Management, Llc | 2024-06-30 | 163.4 K | Northern Trust Corp | 2024-06-30 | 152 K | Charles Schwab Investment Management Inc | 2024-06-30 | 137.5 K | Parkman Healthcare Partners Llc | 2024-06-30 | 133.3 K | Orbimed Advisors, Llc | 2024-06-30 | 5.8 M | Bvf Inc | 2024-06-30 | 4.4 M |
Follow Third Harmonic's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 693.9 M.Market Cap |
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Project Third Harmonic's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.11) | (0.12) | |
| Return On Capital Employed | (0.16) | (0.17) | |
| Return On Assets | (0.11) | (0.12) | |
| Return On Equity | (0.11) | (0.11) |
When accessing Third Harmonic's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Third Harmonic's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Third Harmonic's profitability and make more informed investment decisions.
Please note, the presentation of Third Harmonic's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Third Harmonic's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Third Harmonic's management manipulating its earnings.
Evaluate Third Harmonic's management efficiency
Third Harmonic Bio has return on total asset (ROA) of (0.1126) % which means that it has lost $0.1126 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1381) %, meaning that it created substantial loss on money invested by shareholders. Third Harmonic's management efficiency ratios could be used to measure how well Third Harmonic manages its routine affairs as well as how well it operates its assets and liabilities. As of November 13, 2024, Return On Tangible Assets is expected to decline to -0.12. In addition to that, Return On Capital Employed is expected to decline to -0.17. The current year's Debt To Assets is expected to grow to 0.02, whereas Total Assets are forecasted to decline to about 196.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.79 | 7.13 | |
| Tangible Book Value Per Share | 6.79 | 7.13 | |
| Enterprise Value Over EBITDA | (3.87) | (4.06) | |
| Price Book Value Ratio | 1.62 | 1.70 | |
| Enterprise Value Multiple | (3.87) | (4.06) | |
| Price Fair Value | 1.62 | 1.70 | |
| Enterprise Value | -103.7 M | -108.9 M |
The strategic initiatives led by Third Harmonic's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Return On Equity (0.14) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Third Harmonic insiders, such as employees or executives, is commonly permitted as long as it does not rely on Third Harmonic's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Third Harmonic insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Third Harmonic Corporate Filings
F4 | 12th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 7th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
13A | 27th of September 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
8K | 7th of June 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Third Harmonic Earnings per Share Projection vs Actual
Third Harmonic Corporate Management
| Robert Ho | Chief Officer | Profile | |
| Christopher Dinsmore | Chief Officer | Profile | |
| Dennis Dean | Chief Officer | Profile | |
| Gregg Keaney | VP Devel | Profile | |
| Christopher Murphy | Chief Officer | Profile | |
| Adrian Ray | Chief Officer | Profile | |
| Ommer Chohan | Treasurer Secretary | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Third Harmonic Bio. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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 (0.82) | Return On Assets (0.11) | Return On Equity (0.14) |
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.