Thermon Total Assets from 2010 to 2024

THR Stock  USD 30.15  0.35  1.15%   
Thermon Group Total Assets yearly trend continues to be relatively stable with very little volatility. Total Assets are likely to drop to about 555.8 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2009-03-31
Previous Quarter
805.1 M
Current Value
767.7 M
Quarterly Volatility
155.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Thermon Group financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thermon Group's main balance sheet or income statement drivers, such as Depreciation And Amortization of 14.1 M, Interest Expense of 7.3 M or Selling General Administrative of 56 K, as well as many indicators such as Price To Sales Ratio of 2.45, Dividend Yield of 0.34 or PTB Ratio of 4.08. Thermon financial statements analysis is a perfect complement when working with Thermon Group Valuation or Volatility modules.
  
Check out the analysis of Thermon Group Correlation against competitors.

Latest Thermon Group's Total Assets Growth Pattern

Below is the plot of the Total Assets of Thermon Group Holdings over the last few years. Total assets refers to the total amount of Thermon Group assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Thermon Group Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Thermon Group's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thermon Group's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 767.74 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Thermon Total Assets Regression Statistics

Arithmetic Mean531,252,648
Geometric Mean507,544,608
Coefficient Of Variation27.65
Mean Deviation122,249,671
Median555,833,713
Standard Deviation146,903,132
Sample Variance21580.5T
Range574M
R-Value0.82
Mean Square Error7466.2T
R-Squared0.68
Significance0.0002
Slope27,062,554
Total Sum of Squares302127.4T

Thermon Total Assets History

2024555.8 M
2023767.7 M
2022649.6 M
2021636.7 M
2020617.9 M
2019620.9 M
2018655.8 M

Other Fundumenentals of Thermon Group Holdings

Thermon Group Total Assets component correlations

0.930.620.790.850.60.930.980.630.90.510.890.24-0.30.80.530.40.83-0.56-0.67-0.550.210.020.17
0.930.310.830.840.310.840.930.370.960.320.830.09-0.230.860.740.090.87-0.7-0.76-0.40.170.00.13
0.620.310.340.410.90.670.630.740.270.50.650.43-0.280.19-0.20.840.310.11-0.22-0.630.10.090.12
0.790.830.340.750.30.780.810.360.850.090.750.31-0.20.80.840.120.93-0.71-0.78-0.310.38-0.380.57
0.850.840.410.750.370.850.870.60.830.280.740.23-0.140.680.570.180.8-0.54-0.55-0.310.180.030.17
0.60.310.90.30.370.630.570.70.320.610.630.24-0.570.29-0.20.940.280.05-0.3-0.610.130.150.14
0.930.840.670.780.850.630.930.670.870.320.90.18-0.260.670.460.480.76-0.51-0.69-0.70.130.070.12
0.980.930.630.810.870.570.930.590.870.420.910.26-0.250.750.530.360.85-0.52-0.66-0.530.20.020.16
0.630.370.740.360.60.70.670.590.410.530.450.47-0.030.34-0.020.570.4-0.15-0.09-0.440.270.080.2
0.90.960.270.850.830.320.870.870.410.260.780.05-0.250.850.760.120.86-0.78-0.81-0.460.210.00.16
0.510.320.50.090.280.610.320.420.530.260.230.37-0.230.46-0.150.480.150.110.0-0.340.270.050.15
0.890.830.650.750.740.630.90.910.450.780.230.05-0.50.640.450.510.72-0.48-0.78-0.57-0.040.070.06
0.240.090.430.310.230.240.180.260.470.050.370.050.320.140.040.090.310.030.06-0.020.63-0.30.6
-0.3-0.23-0.28-0.2-0.14-0.57-0.26-0.25-0.03-0.25-0.23-0.50.32-0.34-0.04-0.63-0.080.110.510.150.28-0.06-0.03
0.80.860.190.80.680.290.670.750.340.850.460.640.14-0.340.760.110.74-0.63-0.67-0.230.24-0.270.42
0.530.74-0.20.840.57-0.20.460.53-0.020.76-0.150.450.04-0.040.76-0.370.8-0.81-0.680.050.3-0.350.45
0.40.090.840.120.180.940.480.360.570.120.480.510.09-0.630.11-0.370.020.2-0.22-0.61-0.120.090.05
0.830.870.310.930.80.280.760.850.40.860.150.720.31-0.080.740.80.02-0.7-0.67-0.240.52-0.150.43
-0.56-0.70.11-0.71-0.540.05-0.51-0.52-0.15-0.780.11-0.480.030.11-0.63-0.810.2-0.70.740.1-0.160.15-0.2
-0.67-0.76-0.22-0.78-0.55-0.3-0.69-0.66-0.09-0.810.0-0.780.060.51-0.67-0.68-0.22-0.670.740.370.00.08-0.16
-0.55-0.4-0.63-0.31-0.31-0.61-0.7-0.53-0.44-0.46-0.34-0.57-0.020.15-0.230.05-0.61-0.240.10.370.05-0.080.12
0.210.170.10.380.180.130.130.20.270.210.27-0.040.630.280.240.3-0.120.52-0.160.00.05-0.120.65
0.020.00.09-0.380.030.150.070.020.080.00.050.07-0.3-0.06-0.27-0.350.09-0.150.150.08-0.08-0.12-0.72
0.170.130.120.570.170.140.120.160.20.160.150.060.6-0.030.420.450.050.43-0.2-0.160.120.65-0.72
Click cells to compare fundamentals

About Thermon Group Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Thermon Group income statement, its balance sheet, and the statement of cash flows. Thermon Group investors use historical funamental indicators, such as Thermon Group's Total Assets, to determine how well the company is positioned to perform in the future. Although Thermon Group investors may use each financial statement separately, they are all related. The changes in Thermon Group's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Thermon Group's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Thermon Group Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Thermon Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Assets767.7 M555.8 M
Intangibles To Total Assets 0.52  0.56 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

Additional Tools for Thermon Stock Analysis

When running Thermon Group's price analysis, check to measure Thermon Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thermon Group is operating at the current time. Most of Thermon Group's value examination focuses on studying past and present price action to predict the probability of Thermon Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermon Group's price. Additionally, you may evaluate how the addition of Thermon Group to your portfolios can decrease your overall portfolio volatility.