Thorn Group

Thorn Group Equity

Delisted

The The Equity of Thorn Group (TGA.AX) as of Nov 5, 2026 is 50.97 M AUD. In the previous year, The Equity was 102.80 M AUD — a change of -50.41% (lower).

Equity

50.97 MAUD

YoY

-50.41%

Last updated:

In 2023, Thorn Group's equity was 50.97 M AUD, a -50.41% increase from the 102.80 M AUD equity in the previous year.

The Thorn Group Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Equity
Date
Equity
Jan 1, 2016
197.53 M AUD
Jan 1, 2017
205.62 M AUD
Jan 1, 2018
199.68 M AUD
Jan 1, 2019
168.32 M AUD
Jan 1, 2020
105.77 M AUD
Jan 1, 2021
95.13 M AUD
Jan 1, 2022
102.80 M AUD
Jan 1, 2023
50.97 M AUD
The Thorn Group Equity history
YEAREquityYoY
50.97 MAUD-50.41%
102.80 MAUD+8.05%
95.13 MAUD-10.06%
105.77 MAUD-37.16%
168.32 MAUD-15.70%
199.68 MAUD-2.89%
205.62 MAUD+4.09%
197.53 MAUD+4.25%
189.49 MAUD—

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Thorn Group Stock analysis

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 is one of the most popular companies on Eulerpool.

Equity Details

Analyzing Thorn Group's Equity

Thorn Group's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Thorn Group's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Thorn Group's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Thorn Group's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Thorn Group’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Thorn Group stock

The Equity of Thorn Group is 50.97 M AUD in 2023.

The Equity of Thorn Group changed from 102.80 M AUD to 50.97 M AUD, representing a -50.41% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of The Equity Thorn Group since 2006 – with annual values, charts, and detailed analysis.

The Equity's AUD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track The Equity's Thorn Group historically and in real time.

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Balance Sheet — Thorn Group

All Key Metrics — Thorn Group