Thermon Group Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Basis of Presentation (Policies)
Notes Tables
Notes Details

Debt - Long-Term Debt (Details)

v3.24.3

Debt - Long-Term Debt (Details) $ in Thousands	Sep. 30, 2024 USD ($)	Mar. 31, 2024 USD ($)	Sep. 29, 2021
Debt Instrument [Line Items]
Secured debt	$ 160,044	$ 166,582
Less current portion	(16,875)	(14,625)
Total long-term debt	$ 143,169	151,957
Covenant leverage ratio, maximum	0.50
January 1, 2023 through October 1, 2024 \| Line of Credit
Debt Instrument [Line Items]
Original principal amount			1.88%
January 1, 2025 through July 1, 2026 \| Line of Credit
Debt Instrument [Line Items]
Original principal amount			2.50%
December 31, 2022 and each fiscal quarter thereafter
Debt Instrument [Line Items]
Consolidated leverage ratio	3.50
U S Term Loan Facility due September 2026 \| Outstanding principal amount of senior secured credit facility
Debt Instrument [Line Items]
Deferred debt issuance costs	$ 175	226
Secured debt	64,325	67,274
Increamental Rate Term Loan due September 2026 \| Outstanding principal amount of senior secured credit facility
Debt Instrument [Line Items]
Deferred debt issuance costs	531	692
Secured debt	$ 95,719	$ 99,308

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