Thermon Group Holdings Inc (THR) - Total Liabilities

Latest as of March 2026: $291.87 Million USD

Based on the latest financial reports, Thermon Group Holdings Inc (THR) has total liabilities worth $291.87 Million USD as of March 2026. 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. Check THR asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Thermon Group Holdings Inc - Total Liabilities Trend (2009–2026)

This chart illustrates how Thermon Group Holdings Inc's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see THR total assets.

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
88 Energy Ltd AU:88E	Australia	AU$362.67K
Law Debenture Corp LSE:LWDB	UK	GBX191.35 Million
Yayla Enerji Uretim Turizm ve IS:YAYLA	Turkey	TL86.14 Million
Mon Courtier Energie Groupe SA PA:ALMCE	France	€12.49 Million
Purepoint Uranium Group Inc V:PTU	Canada	CA$1.36 Million
Playgram Co. Ltd KO:009810	Korea	₩110.28 Billion
S&K Polytec Co. Ltd KQ:091340	Korea	₩112.63 Billion
TAS Offshore Bhd KLSE:5149	Malaysia	RM69.16 Million

Liability Composition Analysis (2009–2026)

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. See THR net asset quality score to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	2.69	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	N/A	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	0.54	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.35	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 (2009–2026)

The table below shows the annual total liabilities of Thermon Group Holdings Inc from 2009 to 2026.

Year	Total Liabilities	Change
2026-03-31	$291.87 Million	+12.20%
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

NYSE:THR USA Specialty Industrial Machinery

Market Cap

$19.76 Million

Market Cap Rank

#25262 Global

#5345 in USA

Share Price

$0.60

Change (1 day)

+0.00%

52-Week Range

$0.55 - $71.25

All Time High

$71.25