Therma Bright Inc (THRM) - Total Assets
Based on the latest financial reports, Therma Bright Inc (THRM) holds total assets worth CA$406.59K CAD (≈ $294.12K USD) as of October 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore Therma Bright Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.
Therma Bright Inc - Total Assets Trend (2001–2025)
This chart illustrates how Therma Bright Inc's total assets have evolved over time, based on quarterly financial data. See THRM net asset value for net asset value and shareholders' equity analysis.
Therma Bright Inc - Asset Composition Analysis
Current Asset Composition (July 2025)
Therma Bright Inc's total assets of CA$406.59K consist of 79.5% current assets and 20.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 0.6% |
| Accounts Receivable | CA$0.00 | 0.0% |
| Inventory | CA$131.59K | 52.9% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$33.45K | 13.5% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2001–2025)
This chart illustrates how Therma Bright Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see THRM stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Therma Bright Inc's current assets represent 79.5% of total assets in 2025, a decrease from 83.0% in 2001.
- Cash Position: Cash and equivalents constituted 0.6% of total assets in 2025, down from 71.6% in 2001.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 13.0% of total assets, an increase from 0.0% in 2001.
- Asset Diversification: The largest asset category is inventory at 52.9% of total assets.
Therma Bright Inc Competitors by Total Assets
Key competitors of Therma Bright Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bio-Rad Laboratories Inc
NYSE:BIO
|
USA | $9.79 Billion |
|
Double Medical Technology Inc
SHE:002901
|
China | CN¥5.03 Billion |
|
Tellgen Corp
SHE:300642
|
China | CN¥2.01 Billion |
|
Affluent Medical SAS
PA:AFME
|
France | €59.84 Million |
|
Cochlear Ltd
AU:COH
|
Australia | AU$2.83 Billion |
|
4DMEDICAL Ltd
AU:4DX
|
Australia | AU$139.55 Million |
|
Anteris Technologies Global Corp
AU:AVR
|
Australia | AU$19.07 Million |
|
Imricor Medical Systems Inc
AU:IMR
|
Australia | AU$45.79 Million |
Therma Bright Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.19 | 0.32 | 3.40 |
| Quick Ratio | 0.12 | 0.23 | 3.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-1.57 Million | CA$-1.20 Million | CA$1.26 Million |
Therma Bright Inc - Advanced Valuation Insights
This section examines the relationship between Therma Bright Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.98 |
| Latest Market Cap to Assets Ratio | 8.44 |
| Asset Growth Rate (YoY) | -92.2% |
| Total Assets | CA$248.69K |
| Market Capitalization | $2.10 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Therma Bright Inc's assets at a significant premium (8.44x), suggesting investors see substantial growth potential or unique competitive advantages.
Significant Asset Reduction: Therma Bright Inc's assets decreased by 92.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Therma Bright Inc (2001–2025)
The table below shows the annual total assets of Therma Bright Inc from 2001 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-07-31 | CA$248.69K ≈ $179.90K |
-92.20% |
| 2024-07-31 | CA$3.19 Million ≈ $2.31 Million |
+44.37% |
| 2023-07-31 | CA$2.21 Million ≈ $1.60 Million |
-44.77% |
| 2022-07-31 | CA$4.00 Million ≈ $2.89 Million |
+78.42% |
| 2021-07-31 | CA$2.24 Million ≈ $1.62 Million |
+95.28% |
| 2020-07-31 | CA$1.15 Million ≈ $830.65K |
+1281.54% |
| 2019-07-31 | CA$83.12K ≈ $60.12K |
-75.64% |
| 2018-07-31 | CA$341.24K ≈ $246.85K |
+126.15% |
| 2017-07-31 | CA$150.89K ≈ $109.15K |
+128867.52% |
| 2016-07-31 | CA$117.00 ≈ $84.64 |
-52.24% |
| 2015-07-31 | CA$245.00 ≈ $177.23 |
-99.52% |
| 2014-07-31 | CA$50.75K ≈ $36.71K |
-1.93% |
| 2013-07-31 | CA$51.75K ≈ $37.44K |
+6002.83% |
| 2012-07-31 | CA$848.00 ≈ $613.43 |
-33.90% |
| 2011-07-31 | CA$1.28K ≈ $928.10 |
+28.30% |
| 2009-07-31 | CA$1.00K ≈ $723.38 |
-99.28% |
| 2008-07-31 | CA$138.17K ≈ $99.95K |
-82.71% |
| 2007-07-31 | CA$799.36K ≈ $578.25K |
-18.27% |
| 2006-07-31 | CA$978.11K ≈ $707.55K |
+81.72% |
| 2005-07-31 | CA$538.26K ≈ $389.37K |
+2.51% |
| 2004-07-31 | CA$525.08K ≈ $379.83K |
-68.71% |
| 2002-07-31 | CA$1.68 Million ≈ $1.21 Million |
+161.50% |
| 2001-07-31 | CA$641.82K ≈ $464.28K |
-- |
About Therma Bright Inc
Therma Bright Inc. acquires, develops, manufactures, and markets proprietary healthcare and medical devices focused on respiratory diseases, vascular health, and consumer medical devices for consumer and institutional marketplace. Its products include AcuVid, an antigen and antibody rapid screening test for COVID-19; InterceptCS, a cold sore prevention system, which provides controlled topical he… Read more