Thermon Group Holdings Inc Total Liabilities
Thermon Group Holdings Inc total liabilities. 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 financial resilience of Thermon Group Holdings Inc to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Thermon Group Holdings Inc (2009–2026)
Total liabilities of Thermon Group Holdings Inc from 2009 to 2026. This chart illustrates how Thermon Group Holdings Inc's total liabilities have evolved over time, based on quarterly financial data.
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 |
|---|---|---|
|
Thermal Energy International Inc.
V:TMG
|
Canada | CA$9.63 Million |
|
Cubic Korea Inc
KQ:021650
|
Korea | ₩71.44 Billion |
|
Mon Courtier Energie Groupe SA
PA:ALMCE
|
France | €12.49 Million |
|
Naos Ex-50 Opportunities Company Ltd
AU:NAC
|
Australia | AU$18.30 Million |
|
People's Garment Public Company Limited
BK:PG
|
Thailand | ฿174.59 Million |
|
FAR Ltd
AU:FAR
|
Australia | AU$6.08 Million |
|
Eminis Ambalaj Sanayi ve Ticaret AS
IS:EMNIS
|
Turkey | TL85.85 Million |
|
Blackrock World Mining Trust Plc
LSE:BRWM
|
UK | GBX107.48 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. For the complete balance sheet picture, see Thermon Group Holdings Inc assets under control.
Liquidity & Leverage Metrics
Thermon Group Holdings Inc Total Liabilities Ratios Explained
Thermon Group Holdings Inc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| 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
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. It provides heat tracing solutions, including software automated engineering design services, heat tracing products, smart connected control and monitoring systems, construction services,… Read more