Thermon Group Holdings Inc (THR)
29.51
-0.14
(-0.47%)
USD |
NYSE |
Apr 19, 13:09
Thermon Group Holdings Debt to Equity Ratio: 0.4544 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.4544 |
| September 30, 2023 | 0.2494 |
| June 30, 2023 | 0.2608 |
| March 31, 2023 | 0.2683 |
| December 31, 2022 | 0.3215 |
| September 30, 2022 | 0.3613 |
| June 30, 2022 | 0.3745 |
| March 31, 2022 | 0.3215 |
| December 31, 2021 | 0.34 |
| September 30, 2021 | 0.3684 |
| June 30, 2021 | 0.377 |
| March 31, 2021 | 0.3841 |
| December 31, 2020 | 0.4358 |
| September 30, 2020 | 0.4763 |
| June 30, 2020 | 0.4989 |
| March 31, 2020 | 0.4952 |
| December 31, 2019 | 0.4795 |
| September 30, 2019 | 0.5624 |
| June 30, 2019 | 0.6116 |
| March 31, 2019 | 0.6134 |
| December 31, 2018 | 0.6594 |
| September 30, 2018 | 0.6702 |
| June 30, 2018 | 0.6727 |
| March 31, 2018 | 0.648 |
| December 31, 2017 | 0.7289 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.2152 |
| June 30, 2017 | 0.2399 |
| March 31, 2017 | 0.2614 |
| December 31, 2016 | 0.2795 |
| September 30, 2016 | 0.2891 |
| June 30, 2016 | 0.3037 |
| March 31, 2016 | 0.318 |
| December 31, 2015 | 0.367 |
| September 30, 2015 | 0.3841 |
| June 30, 2015 | 0.3751 |
| March 31, 2015 | 0.3929 |
| December 31, 2014 | 0.4005 |
| September 30, 2014 | 0.4245 |
| June 30, 2014 | 0.4398 |
| March 31, 2014 | 0.4851 |
| December 31, 2013 | 0.5114 |
| September 30, 2013 | 0.5525 |
| June 30, 2013 | 0.6096 |
| March 31, 2013 | 0.5227 |
| December 31, 2012 | 0.5312 |
| September 30, 2012 | 0.5566 |
| June 30, 2012 | 0.6651 |
| March 31, 2012 | 0.7229 |
| December 31, 2011 | 0.8333 |
| September 30, 2011 | 0.8865 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.2494
Minimum
Sep 2023
0.6116
Maximum
Jun 2019
0.4022
Average
0.377
Median
Jun 2021
Debt to Equity Ratio Benchmarks
| Advanced Energy Industries Inc | 0.8003 |
| Plug Power Inc | 0.0687 |
| Ultralife Corp | 0.2044 |
| Ideal Power Inc | 0.00 |
| Enovix Corp | 0.678 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 805.09M |
| Total Liabilities (Quarterly) | 337.66M |
| Shareholders Equity (Quarterly) | 467.42M |
| Current Ratio | 2.216 |
| Net Debt Paydown Yield | -1.26% |