Thermon Group Holdings Inc (THR) — Net Asset Quality Index
Thermon Group Holdings Inc (THR) has a Net Asset Quality Index of 64.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $830.58 Million minus total liabilities of $291.87 Million yields net assets of $538.71 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Thermon Group Holdings Inc defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Thermon Group Holdings Inc Net Asset Quality Index Over Time (2009–2026)
This chart shows how Thermon Group Holdings Inc's Net Asset Quality Index has evolved across 18 annual periods from 2009 to 2026. As of March 2026, the index stands at 64.9%, representing net assets of $538.71 Million against total assets of $830.58 Million USD. Explore THR operating cash flow to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Thermon Group Holdings Inc (2009–2026)
The table below presents the year-by-year Net Asset Quality Index for Thermon Group Holdings Inc from 2009 to 2026, covering 18 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Thermon Group Holdings Inc (THR) total market value.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 64.9% | $538.71 Million | $830.58 Million | $291.87 Million | ▼ -0.7 pp |
| 2025 | 65.6% | $495.31 Million | $755.45 Million | $260.14 Million | ▲ +3.7 pp |
| 2024 | 61.9% | $474.89 Million | $767.74 Million | $292.85 Million | ▼ -2.6 pp |
| 2023 | 64.5% | $418.99 Million | $649.63 Million | $230.64 Million | ▲ +1.8 pp |
| 2022 | 62.7% | $399.20 Million | $636.67 Million | $237.47 Million | ▲ +1.4 pp |
| 2021 | 61.3% | $378.87 Million | $617.88 Million | $239.01 Million | ▲ +5.5 pp |
| 2020 | 55.8% | $346.44 Million | $620.90 Million | $274.47 Million | ▲ +2.6 pp |
| 2019 | 53.2% | $348.95 Million | $655.76 Million | $306.81 Million | ▼ -12.8 pp |
| 2018 | 66.0% | $437.48 Million | $662.48 Million | $225.00 Million | ▼ -16.2 pp |
| 2017 | 82.3% | $373.60 Million | $454.08 Million | $80.48 Million | ▲ +5.9 pp |
| 2016 | 76.4% | $302.98 Million | $396.59 Million | $93.61 Million | ▲ +16.5 pp |
| 2015 | 59.8% | $271.77 Million | $454.09 Million | $182.33 Million | ▲ +3.2 pp |
| 2014 | 56.6% | $250.47 Million | $442.46 Million | $191.99 Million | ▲ +4.7 pp |
| 2013 | 51.9% | $226.05 Million | $435.36 Million | $209.31 Million | ▲ +6.7 pp |
| 2012 | 45.2% | $192.48 Million | $425.58 Million | $233.10 Million | ▲ +16.8 pp |
| 2011 | 28.4% | $128.11 Million | $450.78 Million | $322.67 Million | ▲ +3.5 pp |
| 2010 | 24.9% | $55.07 Million | $221.12 Million | $166.04 Million | ▲ +5.2 pp |
| 2009 | 19.7% | $38.21 Million | $193.74 Million | $155.52 Million | — |