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. The company offers heat tracing solutions, including software automated engineering design services, heat tracing products, smart connected control and monitoring systems, construction se… Read more
Thermon Group Holdings Inc (THR) - Total Liabilities
Latest total liabilities as of December 2025: $278.00 Million USD
Based on the latest financial reports, Thermon Group Holdings Inc (THR) has total liabilities worth $278.00 Million USD as of December 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Thermon Group Holdings Inc - Total Liabilities Trend (2009–2025)
This chart illustrates how Thermon Group Holdings Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Thermon Group Holdings Inc Competitors by Total Liabilities
The table below lists competitors of Thermon Group Holdings Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
CGN MINING (VBO.SG)
STU:VBO
|
Germany | €4.71 Billion |
|
TGS ASA
OTCQX:TGSNF
|
USA | $1.90 Billion |
|
Mercari Inc
PINK:MRCIF
|
USA | $444.12 Billion |
|
PNB Housing Finance Limited
NSE:PNBHOUSING
|
India | ₹677.86 Billion |
|
Tsumura & Co
MU:TSUA
|
Germany | €190.00 Billion |
|
Taisei Corporation
PINK:TISCY
|
USA | $1.59 Trillion |
Liability Composition Analysis (2009–2025)
This chart breaks down Thermon Group Holdings Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.90 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 0.42 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.52 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.34 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Thermon Group Holdings Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Thermon Group Holdings Inc (2009–2025)
The table below shows the annual total liabilities of Thermon Group Holdings Inc from 2009 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-03-31 | $260.14 Million | -11.17% |
| 2024-03-31 | $292.85 Million | +26.97% |
| 2023-03-31 | $230.64 Million | -2.87% |
| 2022-03-31 | $237.47 Million | -0.64% |
| 2021-03-31 | $239.01 Million | -12.92% |
| 2020-03-31 | $274.47 Million | -10.54% |
| 2019-03-31 | $306.81 Million | +36.36% |
| 2018-03-31 | $225.00 Million | +179.59% |
| 2017-03-31 | $80.48 Million | -14.03% |
| 2016-03-31 | $93.61 Million | -48.66% |
| 2015-03-31 | $182.33 Million | -5.03% |
| 2014-03-31 | $191.99 Million | -8.27% |
| 2013-03-31 | $209.31 Million | -10.21% |
| 2012-03-31 | $233.10 Million | -27.76% |
| 2011-03-31 | $322.67 Million | +94.33% |
| 2010-03-31 | $166.04 Million | +6.76% |
| 2009-03-31 | $155.52 Million | -- |