Thermon Group Holdings, Inc.THRNYSE
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Debt to Assets Over Time
Trending lower, below historical average.
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Debt-to-assets ratio
Latest
0.20
↓ 20% below average
Average (9y)
0.25
Historical baseline
Range
High:0.33
Low:0.18
CAGR
-1.8%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2025 | 0.20 | -17.8% |
| 2024 | 0.24 | +23.7% |
| 2023 | 0.20 | -11.2% |
| 2022 | 0.22 | -14.8% |
| 2021 | 0.26 | -14.9% |
| 2020 | 0.31 | -4.8% |
| 2019 | 0.32 | -1.6% |
| 2018 | 0.33 | +84.9% |
| 2017 | 0.18 | -24.9% |
| 2016 | 0.24 | - |