What is the debt of Thorn Group this year?
Thorn Group has a debt level of 86.09 AUD this year.
Thorn Group Debt 2024
Thorn Group Debt
86.09 AUD
Ticker
TGA.AX
ISIN
AU000000TGA0
In 2024, Thorn Group's total debt was 86.09 AUD, a -429.12% change from the -26.16 AUD total debt recorded in the previous year.
Thorn Group Aktienanalyse
What does Thorn Group do?
Thorn Group Ltd is an Australian company that was founded in 1937. Since then, it has become one of the leading providers of financial and rental services in Australia. The company's origins lie in the sale of small appliances such as radios and televisions, sold to customers on installment plans. Over time, Thorn also expanded into other areas such as furniture and appliance rentals. Today, Thorn Rentals and its associated brand name Radio Rentals are just part of Thorn's wide range of services. The company also operates Thorn Finance, Thorn Trade and Asset Finance, and National Credit Management Ltd. Thorn's business model primarily involves offering financial and rental services to customers in Australia and New Zealand. These services range from financing consumer goods to renting furniture and household appliances. In its rental business, Thorn offers a wide range of furniture and appliances that customers can rent on a long-term basis. This rental business allows customers to use or own products that they otherwise could not afford. In the field of financial services, Thorn offers various credit options. For example, customers can purchase electronic devices on installment plans or apply for a loan to finance a car. In addition, the company also offers trade finance and leasing services that allow customers to conduct their businesses in a legally secure manner. One important division of Thorn is the Asset Finance sector. Here, the company provides tailored commercial leasing solutions to meet its customers' needs. This division specifically targets small to medium-sized businesses and the agriculture sector. Thorn is headquartered in Sydney, Australia, and has been listed on the Australian stock exchange since 2006. The company employs approximately 1,000 people and operates more than 70 branches in Australia and New Zealand. The products offered by Thorn include household appliances such as refrigerators, washing machines, and dryers, as well as entertainment electronics such as televisions, hi-fi systems, and computers. In addition, Thorn also offers furniture, including beds, sofas, and dining room furniture. In the automotive sector, Thorn offers a wide range of financing solutions, including car loans and leasing options. Additionally, the company also provides warranties and insurance policies that offer customers a high level of protection. Overall, Thorn Group Ltd has established itself as one of the leading companies in Australia and New Zealand in the finance and rental sectors. With a wide range of services and a strong focus on meeting the needs of its customers, the company will remain an important player in the Australian market in the future. Thorn Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.Debt Details
Understanding Thorn Group's Debt Structure
Thorn Group's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Thorn Group's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Thorn Group’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Thorn Group’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Thorn Group Stock
What was the debt of Thorn Group compared to the previous year?
The debt of Thorn Group has increased by -429.12% compared to the previous year dropped.
What are the consequences of high debt for investors in Thorn Group?
High debt can pose a risk for investors of Thorn Group, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Thorn Group?
Low debt means that Thorn Group has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Thorn Group affect the company?
An increase in debt of Thorn Group can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Thorn Group affect the company?
A reduction in debt of Thorn Group can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Thorn Group?
Some factors that can influence the debt of Thorn Group include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Thorn Group so important for investors?
The debts of Thorn Group are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Thorn Group take to change the debt?
To change the debt, Thorn Group can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
How much dividend does Thorn Group pay?
Over the past 12 months, Thorn Group paid a dividend of 2.13 AUD . This corresponds to a dividend yield of about 182.46 %. For the coming 12 months, Thorn Group is expected to pay a dividend of 2.13 AUD.
What is the dividend yield of Thorn Group?
The current dividend yield of Thorn Group is 182.46 %.
When does Thorn Group pay dividends?
Thorn Group pays a quarterly dividend. This is distributed in the months of August, September, November, October.
How secure is the dividend of Thorn Group?
Thorn Group paid dividends every year for the past 4 years.
What is the dividend of Thorn Group?
For the upcoming 12 months, dividends amounting to 2.13 AUD are expected. This corresponds to a dividend yield of 182.46 %.
In which sector is Thorn Group located?
Thorn Group is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Thorn Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Thorn Group from 9/13/2023 amounting to 0.531 AUD, you needed to have the stock in your portfolio before the ex-date on 9/5/2023.
When did Thorn Group pay the last dividend?
The last dividend was paid out on 9/13/2023.
What was the dividend of Thorn Group in the year 2023?
In the year 2023, Thorn Group distributed 2.771 AUD as dividends.
In which currency does Thorn Group pay out the dividend?
The dividends of Thorn Group are distributed in AUD.
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Andere Kennzahlen von Thorn Group
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