What is the level of liabilities of Thorn Group this year?
Thorn Group has a debt balance of 124.31 M AUD this year.
Thorn Group Liabilities 2024
Thorn Group Liabilities
124.31 M AUD
Ticker
TGA.AX
ISIN
AU000000TGA0
In 2024, Thorn Group's total liabilities amounted to 124.31 M AUD, a 57.29% difference from the 79.03 M AUD total liabilities 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.Liabilities Details
Assessing Thorn Group's Liabilities
Thorn Group's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Thorn Group's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing Thorn Group's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
Thorn Group's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in Thorn Group’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about Thorn Group stock
What were the liabilities of Thorn Group compared to the previous year?
The liabilities of Thorn Group have increased by 57.29% increased compared to the previous year.
What are the consequences of high debt for investors of Thorn Group?
High liabilities can pose a risk for investors of Thorn Group, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in Thorn Group?
Low liabilities mean that Thorn Group has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of Thorn Group affect the company?
An increase in liabilities of Thorn Group can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of Thorn Group affect the company?
A decrease in the liabilities of Thorn Group can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of Thorn Group?
Some factors that can influence the liabilities of Thorn Group include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of Thorn Group so important for investors?
The liabilities of Thorn Group are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can Thorn Group take to modify the liabilities?
To change its liabilities, Thorn Group can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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
Our stock analysis for Thorn Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Thorn Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.