THBD (Third Bench) Shares Outstanding (Basic Average): 56.46 Mil (As of May. 2024)


What is Third Bench Shares Outstanding (Basic Average)?

Third Bench THBD Shares Outstanding (Basic Average) is 56.46 Mil as of May. 2024.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Third Bench's average basic shares outstanding for the quarter that ended in May. 2024 was 56.46 Mil.

Third Bench  (OTCPK:THBD) Shares Outstanding (Basic Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Third Bench Shares Outstanding (Basic Average) Related Terms

Third Bench Shares Outstanding (Basic Average) Historical Data

* Premium members only.

The historical data trend for Third Bench's Shares Outstanding (Basic Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Third Bench Shares Outstanding (Basic Average) Chart

Third Bench Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
Shares Outstanding (Basic Average)
Get a 7-Day Free Trial Premium Member Only 0.10 0.10 0.23 0.00 1.00

Third Bench Quarterly Data
Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Aug14 Aug15 May22 May23 May24
Shares Outstanding (Basic Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 1.00 23.76 26.74 56.46

Third Bench Shares Outstanding (Basic Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Basic Average) of 56.46 Mil mean?
Third Bench (THBD) has a Shares Outstanding (Basic Average) of 56.46 Mil as of May. 2024. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Third Bench and its competitors.
Is Third Bench's Shares Outstanding (Basic Average) too high?
Third Bench's current Shares Outstanding (Basic Average) is 56.46 Mil.
How does Third Bench's Shares Outstanding (Basic Average) compare to SGI and SN?
Third Bench's Shares Outstanding (Basic Average) of 56.46 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Basic Average) for a Furnishings, Fixtures & Appliances company?
A good Shares Outstanding (Basic Average) depends on the Furnishings, Fixtures & Appliances industry context. However, Shares Outstanding (Basic Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Basic Average) mean?
A high Shares Outstanding (Basic Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods not accounting for dilutive securities like convertible bonds. View historical data on Third Bench and its competitors. Third Bench's current Shares Outstanding (Basic Average) is 56.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Bench stock overvalued right now?
Third Bench (THBD) has a current Shares Outstanding (Basic Average) of 56.46 Mil. The current Shares Outstanding (Basic Average) is 56.46 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Basic Average) calculated?
Shares Outstanding (Basic Average) is calculated from a company's financial statements. For Third Bench (THBD), the current Shares Outstanding (Basic Average) is 56.46 Mil as of May. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Third Bench Business Description

Address 710 North Post Oak, Suite 206, Houston, TX, USA, 77024
Third Bench Inc is a holding company. The company, along with its subsidiaries, offers products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. It also provides installation services as a part of its vertical offering. Additionally, the company provides its products and services through its architectural millwork and retail facilities, located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona.