Thermon Group Holdings Inc (THR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Thermon Group Holdings Inc (THR) has a cash flow conversion efficiency ratio of 0.020x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($10.65 Million) by net assets ($538.71 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Thermon Group Holdings Inc's balance sheet to measure how much of total assets are equity-financed.
Thermon Group Holdings Inc - Cash Flow Conversion Efficiency Trend (2009–2026)
This chart illustrates how Thermon Group Holdings Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of Thermon Group Holdings Inc to evaluate the quality of earnings relative to operating cash generation.
Thermon Group Holdings Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Thermon Group Holdings Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Eason & Co Public Company Limited
BK:EASON
|
0.029x |
|
Asuransi Ramayana Tbk
JK:ASRM
|
-0.017x |
|
Patagonia Lithium Ltd
AU:PL3
|
-0.058x |
|
Chemring Group PLC
LSE:CHG
|
0.176x |
|
Paragon Banking Group PLC
LSE:PAG
|
-0.465x |
|
Silgo Retail Limited
NSE:SILGO
|
-0.456x |
|
Southern Fertilizer JSC
VN:SFG
|
0.325x |
|
Austem Company Ltd
KQ:031510
|
-0.003x |
Annual Cash Flow Conversion Efficiency for Thermon Group Holdings Inc (2009–2026)
The table below shows the annual cash flow conversion efficiency of Thermon Group Holdings Inc from 2009 to 2026. For the full company profile with market capitalisation and key ratios, see Thermon Group Holdings Inc market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2026-03-31 | $538.71 Million | $46.80 Million | 0.087x | -31.83% |
| 2025-03-31 | $495.31 Million | $63.12 Million | 0.127x | -8.25% |
| 2024-03-31 | $474.89 Million | $65.95 Million | 0.139x | +0.83% |
| 2023-03-31 | $418.99 Million | $57.71 Million | 0.138x | +91.24% |
| 2022-03-31 | $399.20 Million | $28.75 Million | 0.072x | -9.90% |
| 2021-03-31 | $378.87 Million | $30.29 Million | 0.080x | -60.84% |
| 2020-03-31 | $346.44 Million | $70.73 Million | 0.204x | +206.71% |
| 2019-03-31 | $348.95 Million | $23.23 Million | 0.067x | +32.88% |
| 2018-03-31 | $437.48 Million | $21.91 Million | 0.050x | -29.22% |
| 2017-03-31 | $373.60 Million | $26.44 Million | 0.071x | -55.25% |
| 2016-03-31 | $302.98 Million | $47.92 Million | 0.158x | -16.91% |
| 2015-03-31 | $271.77 Million | $51.73 Million | 0.190x | +3.39% |
| 2014-03-31 | $250.47 Million | $46.11 Million | 0.184x | +0.60% |
| 2013-03-31 | $226.05 Million | $41.37 Million | 0.183x | +565.53% |
| 2012-03-31 | $192.48 Million | $5.29 Million | 0.027x | -85.73% |
| 2011-03-31 | $128.11 Million | $24.68 Million | 0.193x | -57.01% |
| 2010-03-31 | $55.07 Million | $24.68 Million | 0.448x | -27.70% |
| 2009-03-31 | $38.21 Million | $23.69 Million | 0.620x | -- |
About Thermon Group Holdings Inc
Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It provides heat tracing solutions, including software automated engineering design services, heat tracing products, smart connected control and monitoring systems, construction services,… Read more