For the quarter ending 2025-12-31, THR has $816,701K in assets. $277,999K in debts. $46,858K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash and cash equivalents | 46,858 | 29,748 | 36,530 | |
| Accounts receivable, net of allowances of 1,082 and 1,230 as of december 31, 2025 and march 31, 2025, respectively | 111,884 | 102,125 | 100,718 | |
| Inventories, net | 116,987 | 110,977 | 104,924 | |
| Contract assets | 25,101 | 25,212 | 16,440 | |
| Prepaid expenses and other current assets | 19,787 | 20,644 | 14,089 | |
| Income tax receivable | 0 | 147 | 165 | |
| Total current assets | 320,617 | 288,853 | 272,866 | |
| Property, plant and equipment, net of depreciation and amortization of 80,648 and 75,773 as of december 31, 2025 and march 31, 2025, respectively | 79,489 | 76,541 | 75,653 | |
| Goodwill | 271,388 | 269,805 | 271,790 | |
| Intangible assets, net | 107,368 | 110,451 | 114,619 | |
| Operating lease right-of-use assets | 15,623 | 10,384 | 10,501 | |
| Deferred income taxes | 1,694 | 1,284 | 878 | |
| Other non-current assets | 20,522 | 20,866 | 19,035 | |
| Total assets | 816,701 | 778,184 | 765,342 | |
| Accounts payable | 38,887 | 41,329 | 33,314 | |
| Accrued liabilities | 34,435 | 32,128 | 31,017 | |
| Current portion of long-term debt | 7,031 | 6,250 | 18,000 | |
| Borrowings under revolving credit facility | - | - | 5,000 | |
| Contract liabilities | 19,243 | 16,857 | 19,331 | |
| Lease liabilities | 4,657 | 3,827 | 3,694 | |
| Income taxes payable | 6,351 | 2,067 | 2,142 | |
| Total current liabilities | 110,604 | 102,458 | 112,498 | |
| Borrowings under revolving credit facility | 19,700 | 14,700 | - | |
| Long-term debt, net | 115,823 | 118,087 | 115,959 | |
| Deferred income taxes | 9,292 | 9,584 | 9,911 | |
| Non-current lease liabilities | 12,971 | 8,755 | 8,795 | |
| Other non-current liabilities | 9,609 | 9,370 | 8,869 | |
| Total liabilities | 277,999 | 262,954 | 256,032 | |
| Common stock 0.001 par value 150,000,000 shares authorized 34,148,233 issued and 32,845,065 outstanding at december 31, 2025, and 33,945,413 issued and 33,243,370 outstanding at march 31, 2025 | 33 | 33 | 33 | |
| Additional paid in capital | 248,080 | 246,287 | 244,348 | |
| Treasury stock | 36,162 | 36,162 | 30,155 | |
| Accumulated other comprehensive loss | -57,373 | -60,761 | -55,795 | |
| Retained earnings | 384,124 | 365,833 | 350,879 | |
| Total equity | 538,702 | 515,230 | 509,310 | |
| Total liabilities and equity | 816,701 | 778,184 | 765,342 | |
Thermon Group Holdings, Inc. (THR)
Thermon Group Holdings, Inc. (THR)