Thermon Group Holdings, Inc. (THR)

Thermon Group Holdings Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	37	48.63	35.64	41.45	40.12	43.24
Cash & Short-Term Investments	37	48.63	35.64	41.45	40.12	43.24
Cash Growth	21.18%	36.47%	-14.02%	3.29%	-7.20%	37.69%
Accounts Receivable	109.09	124.01	113.9	114.93	85.88	102.67
Other Receivables	1.87	1.63	3.14	4.63	8.23	2.54
Receivables	110.96	125.64	117.04	119.56	94.11	105.21
Inventory	93.6	86.32	82.13	71.65	63.79	60.27
Prepaid Expenses	17.77	12.05	13.28	9.3	6.82	6.8
Restricted Cash	15.7	1.8	2.86	2.49	1.96	2.42
Other Current Assets	-	0.16	-	-	-	-
Total Current Assets	275.02	274.6	250.94	244.44	206.81	217.94
Property, Plant & Equipment	79.22	81.95	76.86	76.57	85.25	89.18
Goodwill	269.51	270.79	219.61	212.75	213.04	197.98
Other Intangible Assets	120.73	127.09	93.97	94.91	103.78	104.55
Long-Term Deferred Tax Assets	1.76	1.07	0.69	1.21	2.59	2.9
Long-Term Deferred Charges	-	2.64	-	-	-	-
Other Long-Term Assets	15.29	9.6	7.56	6.79	6.41	8.36
Total Assets	761.53	767.74	649.63	636.67	617.88	620.91
Accounts Payable	30.42	31.4	27.33	33.57	19.72	25.07
Accrued Expenses	24.57	29.29	32.73	22.7	22.98	22.92
Short-Term Debt	5	5	14.5	-	-	-
Current Portion of Long-Term Debt	16.88	14.63	10.22	7.93	2.5	2.5
Current Portion of Leases	3.32	3.27	3.36	3.62	3.51	3.55
Current Income Taxes Payable	1.81	2.82	6.81	0.9	0.22	1.22
Current Unearned Revenue	13.4	20.53	8.48	8.01	2.96	4.54
Other Current Liabilities	2.87	2.33	6.64	4.27	0.9	0.83
Total Current Liabilities	98.27	109.27	110.07	81	52.8	60.64
Long-Term Debt	143.17	151.96	87.71	120.43	143.02	169.05
Long-Term Leases	10.86	12.64	12.48	9.66	12.37	15.57
Long-Term Deferred Tax Liabilities	8.73	9.44	12.08	17.94	21.01	22.25
Other Long-Term Liabilities	10.23	9.55	8.3	8.43	9.81	6.96
Total Liabilities	271.25	292.85	230.64	237.47	239.01	274.47
Common Stock	0.03	0.03	0.03	0.03	0.03	0.03
Additional Paid-In Capital	243.12	243.56	239.86	234.55	231.32	227.74
Retained Earnings	306.79	288.78	237.2	203.53	183.44	182.56
Treasury Stock	-4.09	-0.25	-	-	-	-
Comprehensive Income & Other	-55.57	-57.24	-58.1	-38.91	-35.92	-63.89
Total Common Equity	490.29	474.89	418.99	399.2	378.87	346.44
Shareholders' Equity	490.29	474.89	418.99	399.2	378.87	346.44
Total Liabilities & Equity	761.53	767.74	649.63	636.67	617.88	620.91
Total Debt	179.22	187.49	128.28	141.64	161.4	190.68
Net Cash (Debt)	-142.22	-138.86	-92.64	-100.2	-121.28	-147.44
Net Cash Per Share	-4.17	-4.08	-2.75	-2.99	-3.64	-4.45
Filing Date Shares Outstanding	33.69	33.77	33.51	33.37	33.25	32.96
Total Common Shares Outstanding	33.76	33.72	33.51	33.36	33.23	32.92
Working Capital	176.75	165.33	140.87	163.44	154.01	157.3
Book Value Per Share	14.52	14.08	12.50	11.96	11.40	10.52
Tangible Book Value	100.05	77.01	105.41	91.54	62.05	43.92
Tangible Book Value Per Share	2.96	2.28	3.15	2.74	1.87	1.33
Land	-	57.51	55.46	57.31	57.32	53.06
Machinery	-	77.13	67.08	65.38	62.51	54.47
Construction In Progress	-	2.04	3.14	1.46	1.02	2.77
Order Backlog	-	186.1	163.3	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.