Thermon Group Holdings (THR) Debt Ratio (2016 - 2025)
Thermon Group Holdings (THR) has disclosed Debt Ratio for 15 consecutive years, with 0.15 as the latest value for Q4 2025.
- On a quarterly basis, Debt Ratio fell 14.79% to 0.15 in Q4 2025 year-over-year; TTM through Dec 2025 was 0.15, a 14.79% decrease, with the full-year FY2025 number at 0.02, down 88.35% from a year prior.
- Debt Ratio was 0.15 for Q4 2025 at Thermon Group Holdings, up from 0.03 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.24 in Q1 2021 to a low of 0.02 in Q1 2025.
- A 5-year average of 0.17 and a median of 0.19 in 2022 define the central range for Debt Ratio.
- Peak YoY movement for Debt Ratio: soared 412.06% in 2024, then tumbled 88.35% in 2025.
- Thermon Group Holdings' Debt Ratio stood at 0.22 in 2021, then dropped by 18.24% to 0.18 in 2022, then plummeted by 81.01% to 0.03 in 2023, then skyrocketed by 412.06% to 0.18 in 2024, then dropped by 14.79% to 0.15 in 2025.
- Per Business Quant, the three most recent readings for THR's Debt Ratio are 0.15 (Q4 2025), 0.03 (Q3 2025), and 0.18 (Q2 2025).