Thermon Group Holdings Inc Working Capital to Net Assets Ratio
Thermon Group Holdings Inc working capital to net assets ratio. Thermon Group Holdings Inc (THR) has a Working Capital to Net Assets ratio of 39.8% as of March 2026. Working capital of $214.37 Million (current assets of $341.20 Million minus current liabilities of $126.84 Million) is measured against net assets of $538.71 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Thermon Group Holdings Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Thermon Group Holdings Inc (2009–2026)
Working capital to net assets ratio of Thermon Group Holdings Inc from 2009 to 2026. This chart shows how Thermon Group Holdings Inc's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2009 to 2026. As of March 2026, the ratio stands at 39.8%, reflecting working capital of $214.37 Million against net assets of $538.71 Million USD. See how many days can Thermon Group Holdings Inc fund operations to measure how many days the company can operate on defensive assets alone.
Thermon Group Holdings Inc Working Capital to Net Assets Ratio by Year (2009–2026)
Thermon Group Holdings Inc working capital to net assets ratio by year from 2009 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Thermon Group Holdings Inc from 2009 to 2026, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Thermon Group Holdings Inc (THR) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 39.8% | $214.37 Million | $538.71 Million | $341.20 Million | $126.84 Million | ▲ +7.2 pp |
| 2025 | 32.6% | $161.63 Million | $495.31 Million | $274.29 Million | $112.66 Million | ▼ -2.2 pp |
| 2024 | 34.8% | $165.33 Million | $474.89 Million | $274.60 Million | $109.27 Million | ▲ +1.2 pp |
| 2023 | 33.6% | $140.87 Million | $418.99 Million | $250.94 Million | $110.07 Million | ▼ -7.3 pp |
| 2022 | 40.9% | $163.44 Million | $399.20 Million | $244.44 Million | $81.00 Million | ▲ +0.3 pp |
| 2021 | 40.6% | $154.01 Million | $378.87 Million | $206.81 Million | $52.80 Million | ▼ -4.8 pp |
| 2020 | 45.4% | $157.30 Million | $346.44 Million | $217.94 Million | $60.63 Million | ▼ -2.4 pp |
| 2019 | 47.8% | $166.72 Million | $348.95 Million | $239.78 Million | $73.05 Million | ▲ +11.7 pp |
| 2018 | 36.1% | $157.79 Million | $437.48 Million | $220.19 Million | $62.40 Million | ▼ -3.0 pp |
| 2017 | 39.0% | $145.85 Million | $373.60 Million | $198.17 Million | $52.32 Million | ▼ -7.9 pp |
| 2016 | 46.9% | $142.18 Million | $302.98 Million | $199.75 Million | $57.57 Million | ▼ -11.3 pp |
| 2015 | 58.3% | $158.35 Million | $271.77 Million | $211.49 Million | $53.14 Million | ▲ +5.4 pp |
| 2014 | 52.9% | $132.40 Million | $250.47 Million | $176.11 Million | $43.71 Million | ▲ +6.1 pp |
| 2013 | 46.8% | $105.75 Million | $226.05 Million | $151.41 Million | $45.66 Million | ▲ +15.0 pp |
| 2012 | 31.8% | $61.15 Million | $192.48 Million | $127.66 Million | $66.52 Million | ▼ -9.8 pp |
| 2011 | 41.5% | $53.22 Million | $128.11 Million | $137.08 Million | $83.86 Million | ▼ -99.0 pp |
| 2010 | 140.5% | $77.40 Million | $55.07 Million | $103.63 Million | $26.23 Million | ▼ -5.4 pp |
| 2009 | 145.9% | $55.75 Million | $38.21 Million | $85.29 Million | $29.53 Million | — |