Thermax (THERMAX.NS)

Total debt on the balance sheet as of September 2025 : €0.17 Billion

According to Thermax's latest financial reports the company's total debt is €0.17 Billion. A company’s total debt is the sum of all current and non-current debts.

Thermax - Total debt on balance sheet (from 2016 to 2025)

Total debt by year

Year	Total debt	Change
2025-03-31	€0.18 B	30.22%
2024-03-31	€0.14 B	50.95%
2023-03-31	€95.39 M	111.45%
2022-03-31	€45.11 M	14.41%
2021-03-31	€39.43 M	30.43%
2020-03-31	€30.23 M	-1.94%
2019-03-31	€30.83 M	5.76%
2018-03-31	€29.15 M	49%
2017-03-31	€19.56 M	-24.5%
2016-03-31	€25.91 M	-12.91%
2015-03-31	€29.75 M	-67.71%
2014-03-31	€92.13 M	51.35%
2013-03-31	€60.87 M	51.48%
2012-03-31	€40.18 M	70.86%
2011-03-31	€23.51 M	1690.09%
2010-03-31	€1.31 M	115.51%
2009-03-31	€0.6 M
2008-03-31	N/A	-100%
2007-03-31	€0.37 M	-71.09%
2006-03-31	€1.3 M	9.03%
2005-03-31	€1.19 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Thermax (THERMAX.NS) - Total debt