Thermon Group Holdings Inc Tangible Net Worth Ratio
Thermon Group Holdings Inc tangible net worth ratio. Thermon Group Holdings Inc (THR) has a Tangible Net Worth Ratio of 80.8% as of March 2026. This metric is calculated by deducting intangible assets ($103.66 Million) from net assets ($538.71 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check THR PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Thermon Group Holdings Inc (2009–2026)
Tangible net worth ratio of Thermon Group Holdings Inc from 2009 to 2026. This chart shows how Thermon Group Holdings Inc's Tangible Net Worth Ratio has changed across 18 annual periods from 2009 to 2026. As of March 2026, the ratio stands at 80.8%, reflecting net assets of $538.71 Million with intangible assets of $103.66 Million USD. See Thermon Group Holdings Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Thermon Group Holdings Inc Tangible Net Worth Ratio by Year (2009–2026)
Thermon Group Holdings Inc tangible net worth ratio by year from 2009 to 2026. The table below presents the year-by-year Tangible Net Worth Ratio for Thermon Group Holdings Inc from 2009 to 2026, covering 18 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Thermon Group Holdings Inc market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 80.8% | $538.71 Million | $103.66 Million | $830.58 Million | ▲ +4.0 pp |
| 2025 | 76.7% | $495.31 Million | $115.28 Million | $755.45 Million | ▲ +3.5 pp |
| 2024 | 73.2% | $474.89 Million | $127.09 Million | $767.74 Million | ▼ -4.3 pp |
| 2023 | 77.6% | $418.99 Million | $93.97 Million | $649.63 Million | ▲ +1.3 pp |
| 2022 | 76.2% | $399.20 Million | $94.91 Million | $636.67 Million | ▲ +3.6 pp |
| 2021 | 72.6% | $378.87 Million | $103.78 Million | $617.88 Million | ▲ +2.8 pp |
| 2020 | 69.8% | $346.44 Million | $104.55 Million | $620.90 Million | ▲ +6.1 pp |
| 2019 | 63.7% | $348.95 Million | $126.60 Million | $655.76 Million | ▼ -1.7 pp |
| 2018 | 65.4% | $437.48 Million | $151.43 Million | $662.48 Million | ▼ -11.5 pp |
| 2017 | 76.9% | $373.60 Million | $86.18 Million | $454.08 Million | ▲ +6.4 pp |
| 2016 | 70.5% | $302.98 Million | $89.30 Million | $396.59 Million | ▲ +7.6 pp |
| 2015 | 62.9% | $271.77 Million | $100.81 Million | $454.09 Million | ▲ +10.4 pp |
| 2014 | 52.5% | $250.47 Million | $118.92 Million | $442.46 Million | ▲ +10.9 pp |
| 2013 | 41.6% | $226.05 Million | $131.92 Million | $435.36 Million | ▲ +16.9 pp |
| 2012 | 24.8% | $192.48 Million | $144.80 Million | $425.58 Million | ▲ +48.9 pp |
| 2011 | -24.2% | $128.11 Million | $159.06 Million | $450.78 Million | ▼ -33.1 pp |
| 2010 | 9.0% | $55.07 Million | $50.14 Million | $221.12 Million | ▲ +29.8 pp |
| 2009 | -20.8% | $38.21 Million | $46.17 Million | $193.74 Million | — |