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Thor Explorations Ltd (TSE:THX)
:THX
Canadian Market

Thor Explorations (THX) Ratios

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Thor Explorations Ratios

TSE:THX's free cash flow for Q3 2025 was C$0.66. For the 2025 fiscal year, TSE:THX's free cash flow was decreased by C$ and operating cash flow was C$0.62. See a summary of the company’s cash flow.
Ratios
TTM
Mar 25Mar 24Mar 23Mar 22
Liquidity Ratios
Current Ratio
4.79 0.82 0.34 0.47 0.28
Quick Ratio
3.30 0.24 0.16 0.22 0.07
Cash Ratio
3.16 0.17 0.06 0.08 0.02
Solvency Ratio
6.42 1.59 0.27 0.49 -0.01
Operating Cash Flow Ratio
5.42 0.88 0.38 1.07 -0.21
Short-Term Operating Cash Flow Coverage
26.86 71.82 29.37 158.63 -0.80
Net Current Asset Value
C$ 91.29MC$ -20.11MC$ -89.38MC$ -99.18MC$ -157.87M
Leverage Ratios
Debt-to-Assets Ratio
0.02 0.03 0.06 0.19 0.35
Debt-to-Equity Ratio
0.02 0.04 0.13 0.50 1.22
Debt-to-Capital Ratio
0.02 0.04 0.11 0.33 0.55
Long-Term Debt-to-Capital Ratio
0.00 0.00 <0.01 0.24 0.26
Financial Leverage Ratio
1.10 1.39 2.33 2.57 3.50
Debt Service Coverage Ratio
49.02 20.35 4.67 5.61 -0.06
Interest Coverage Ratio
-146.48 18.31 3.06 2.74 -17.96
Debt to Market Cap
<0.01 <0.01 0.02 0.17 0.37
Interest Debt Per Share
<0.01 0.02 0.03 0.09 0.15
Net Debt to EBITDA
-0.38 -0.03 0.08 0.43 -53.21
Profitability Margins
Gross Profit Margin
63.71%58.09%27.38%34.66%32.05%
EBIT Margin
57.31%50.05%13.24%32.33%-26.32%
EBITDA Margin
69.77%66.99%33.23%51.50%-21.63%
Operating Profit Margin
58.66%52.11%16.95%24.23%-19.26%
Pretax Profit Margin
57.71%47.21%7.82%15.38%-33.02%
Net Profit Margin
57.71%47.21%7.70%15.38%-32.14%
Continuous Operations Profit Margin
57.71%47.21%7.70%23.49%-33.19%
Net Income Per EBT
100.00%100.00%98.40%100.00%97.33%
EBT Per EBIT
98.38%90.59%46.13%63.47%171.43%
Return on Assets (ROA)
47.05%32.67%4.19%11.38%-0.95%
Return on Equity (ROE)
62.95%45.30%9.76%29.27%-3.34%
Return on Capital Employed (ROCE)
51.63%48.22%26.13%27.70%-0.97%
Return on Invested Capital (ROIC)
50.24%46.95%23.89%26.70%-0.78%
Return on Tangible Assets
54.99%32.69%4.58%12.45%-1.03%
Earnings Yield
27.58%43.42%6.96%15.83%-1.71%
Efficiency Ratios
Receivables Turnover
80.08 512.28 503.13 749.29 32.89
Payables Turnover
7.21 1.75 1.75 2.30 0.12
Inventory Turnover
2.70 1.97 3.26 5.42 0.23
Fixed Asset Turnover
2.66 1.18 0.90 0.99 0.04
Asset Turnover
0.82 0.69 0.55 0.74 0.03
Working Capital Turnover Ratio
3.48 -3.15 -1.86 -2.78 -0.26
Cash Conversion Cycle
89.34 -22.60 -96.30 -90.87 -1.48K
Days of Sales Outstanding
4.56 0.71 0.73 0.49 11.10
Days of Inventory Outstanding
135.40 185.35 111.92 67.31 1.59K
Days of Payables Outstanding
50.61 208.65 208.94 158.67 3.07K
Operating Cycle
139.96 186.06 112.65 67.79 1.60K
Cash Flow Ratios
Operating Cash Flow Per Share
0.21 0.09 0.10 0.13 -0.04
Free Cash Flow Per Share
0.20 0.09 0.05 0.09 -0.10
CapEx Per Share
<0.01 <0.01 0.04 0.04 0.07
Free Cash Flow to Operating Cash Flow
0.96 0.93 0.55 0.66 2.85
Dividend Paid and CapEx Coverage Ratio
7.76 15.08 2.25 2.94 -0.54
Capital Expenditure Coverage Ratio
23.41 15.08 2.25 2.94 -0.54
Operating Cash Flow Coverage Ratio
23.88 7.65 4.45 1.95 -0.24
Operating Cash Flow to Sales Ratio
0.49 0.32 0.45 0.51 -2.86
Free Cash Flow Yield
22.37%27.46%22.67%34.71%-43.37%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
3.62 2.30 14.37 6.32 -58.51
Price-to-Sales (P/S) Ratio
2.09 1.09 1.11 0.97 18.80
Price-to-Book (P/B) Ratio
1.87 1.04 1.40 1.85 1.95
Price-to-Free Cash Flow (P/FCF) Ratio
4.47 3.64 4.41 2.88 -2.31
Price-to-Operating Cash Flow Ratio
4.27 3.40 2.45 1.90 -6.57
Price-to-Earnings Growth (PEG) Ratio
0.19 <0.01 -0.33 >-0.01 1.37
Price-to-Fair Value
1.87 1.04 1.40 1.85 1.95
Enterprise Value Multiple
2.62 1.59 3.41 2.32 -140.15
Enterprise Value
517.38M 206.00M 160.13M 197.00M 236.90M
EV to EBITDA
2.63 1.59 3.41 2.32 -140.15
EV to Sales
1.83 1.07 1.13 1.19 30.31
EV to Free Cash Flow
3.91 3.57 4.52 3.54 -3.72
EV to Operating Cash Flow
3.74 3.34 2.51 2.33 -10.59
Tangible Book Value Per Share
0.47 0.31 0.14 0.11 0.09
Shareholders’ Equity Per Share
0.47 0.31 0.17 0.14 0.12
Tax and Other Ratios
Effective Tax Rate
0.00 0.00 0.02 <0.01 0.03
Revenue Per Share
0.42 0.29 0.22 0.26 0.01
Net Income Per Share
0.25 0.14 0.02 0.04 >-0.01
Tax Burden
1.00 1.00 0.98 1.00 0.97
Interest Burden
1.01 0.94 0.59 0.48 1.25
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.05 0.05 0.08 0.09 0.50
Stock-Based Compensation to Revenue
0.00 0.00 0.00 <0.01 0.00
Income Quality
0.85 0.68 4.43 3.32 8.90
Currency in CAD