Thermon Group Holdings Inc (THR) - Total Liabilities
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. Explore cash efficiency ratio of Thermon Group Holdings Inc to assess how effectively this company generates cash.
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. Check THR financial resilience to evaluate the company's liquid asset resilience ratio.
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 |
|---|---|---|
|
Jungfraubahn Holding AG
SW:JFN
|
Switzerland | CHF213.08 Million |
|
Cimpress plc
F:3UF
|
Germany | €2.52 Billion |
|
Lithium Americas Corp
TO:LAC
|
Canada | CA$555.30 Million |
|
Dürr Aktiengesellschaft
F:DUE
|
Germany | €3.52 Billion |
|
Wonik Holdings Co. Ltd
KQ:030530
|
Korea | ₩641.00 Billion |
|
Sun Art Retail Group Limited
F:SRI
|
Germany | €35.55 Billion |
|
Predictive Discovery Ltd
AU:PDI
|
Australia | AU$6.91 Million |
|
Xiamen Wanli Stone Stock Co Ltd
SHE:002785
|
China | CN¥676.70 Million |
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. For the full company profile including market capitalisation, see Thermon Group Holdings Inc (THR) market capitalisation.
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 | -- |
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. 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