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
Uncategorized
- Uncategorized Items - thr-20230930.htm

Debt - Schedule of Long-Term Debt (Details)

v3.23.3

Debt - Schedule of Long-Term Debt (Details) $ in Thousands	Sep. 30, 2023 USD ($)	Mar. 31, 2023 USD ($)	Sep. 29, 2021
Debt Instrument [Line Items]
Less current portion	$ (10,226)	$ (10,222)
Total long-term debt	$ 72,599	87,710
Covenant leverage ratio, maximum	0.50
January 1, 2022 through October 1, 2022 \| Line of Credit
Debt Instrument [Line Items]
Original Principal Amount			1.25%
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	350.00%
Variable Rate Term Loan due September 2026 \| Loans Payable
Debt Instrument [Line Items]
Deferred debt issuance costs	$ 314	429
Variable Rate Term Loan A due September 2026, net of deferred debt issuance costs of $314 and $429 as of September 30, 2023, and March 31, 2023, respectively	$ 82,825	$ 97,932

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