Thor Industries, Inc. (THO) Debt to Assets Ratio: 0.13%
The debt to assets ratio for Thor Industries, Inc. (THO) is 0.13% as of Thursday, June 11, 2026.
THO Debt to Assets Ratio Metrics
DEBT TO ASSETS RATIO
0.13%
THO Competitors' Debt to Assets Ratio
| NAME | MARKET CAP | DEBT TO ASSETS RATIO |
|---|---|---|
| Thor Industries, Inc. (THO) | $3.90B | 0.13% |
| Abercrombie & Fitch Co. (ANF) | $3.92B | 0.33% |
| Advance Auto Parts, Inc. (AAP) | $3.53B | 0.44% |
| American Eagle Outfitters, Inc. (AEO) | $2.99B | 0.43% |
| Lucid Group, Inc. (LCID) | $1.53B | 0.10% |
| Carter's, Inc. (CRI) | $1.45B | 0.47% |
| Etsy, Inc. (ETSY) | $6.57B | 0.26% |
| Liquidity Services, Inc. (LQDT) | $1.18B | 0.04% |
| Mohawk Industries, Inc. (MHK) | $6.67B | 0.20% |
| Chewy, Inc. (CHWY) | $7.65B | 0.15% |
Leverage Ratios Comparison
Debt/Assets
0.1%
Debt/Equity
0.22
Current Ratio
1.75
Interest Coverage
6.2x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
- Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
- Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
- Both measure leverage but from different perspectives
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Thor Industries, Inc. Debt to Assets Ratio Formula & Definition
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Thor Industries, Inc. Debt to Assets Ratio FAQ
- What is the debt to assets ratio for Thor Industries, Inc. (THO)?
- The debt to assets ratio for THO stock is 0.13%.
About Thor Industries, Inc.
Thor Industries, Inc. specializes in the design, production, and sale of recreational vehicles (RVs), complemented by a range of related parts and accessories. Its operations span the United States, Canada, and Europe. The company offers an extensive selection of RVs, including various travel trailers (from conventional models to luxury fifth wheels) and gasoline or diesel-powered Class A, Class B, and Class C motorhomes. Additionally, it caters to European markets with motorcaravans, caravans, campervans, and urban recreational vehicles. Beyond finished products, Thor also manufactures aluminum extrusions and specialized component parts for other RV and industrial manufacturers, and provides digital products and services specifically designed for RVs. Its diverse offerings are distributed through independent and non-franchise dealerships. Founded in 1980, Thor Industries is headquartered in Elkhart, Indiana.
- Sector
- Consumer Cyclical
- Industry
- Auto - Recreational Vehicles
- CEO
- Robert W. Martin