Thorn Group

Thorn Group Debt

Delisted

The Debt of Thorn Group (TGA.AX) as of Nov 4, 2026 is 114.89 M AUD. In the previous year, Debt was 60.60 M AUD — a change of 89.58% (higher).

Debt

114.89 MAUD

YoY

89.58%

Last updated:

In 2023, Thorn Group's total debt was 114.89 M AUD, a 89.58% change from the 60.60 M AUD total debt recorded in the previous year.

The Thorn Group Debt history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Debt
Date
Debt
Jan 1, 2016
197.87 M AUD
Jan 1, 2017
276.46 M AUD
Jan 1, 2018
284.31 M AUD
Jan 1, 2019
303.64 M AUD
Jan 1, 2020
317.27 M AUD
Jan 1, 2021
167.24 M AUD
Jan 1, 2022
60.60 M AUD
Jan 1, 2023
114.89 M AUD
The Thorn Group Debt history
YEARDebtYoY
114.89 MAUD+89.58%
60.60 MAUD-63.76%
167.24 MAUD-47.29%
317.27 MAUD+4.49%
303.64 MAUD+6.80%
284.31 MAUD+2.84%
276.46 MAUD+39.72%
197.87 MAUD+37.44%
143.97 MAUD—

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Thorn Group Stock analysis

What does Thorn Group do? Thorn Group Ltd is an Australian company that was founded in 1937. Since then, it has become one of the leading providers of financial and rental services in Australia. The company's origins lie in the sale of small appliances such as radios and televisions, sold to customers on installment plans. Over time, Thorn also expanded into other areas such as furniture and appliance rentals. Today, Thorn Rentals and its associated brand name Radio Rentals are just part of Thorn's wide range of services. The company also operates Thorn Finance, Thorn Trade and Asset Finance, and National Credit Management Ltd. Thorn's business model primarily involves offering financial and rental services to customers in Australia and New Zealand. These services range from financing consumer goods to renting furniture and household appliances. In its rental business, Thorn offers a wide range of furniture and appliances that customers can rent on a long-term basis. This rental business allows customers to use or own products that they otherwise could not afford. In the field of financial services, Thorn offers various credit options. For example, customers can purchase electronic devices on installment plans or apply for a loan to finance a car. In addition, the company also offers trade finance and leasing services that allow customers to conduct their businesses in a legally secure manner. One important division of Thorn is the Asset Finance sector. Here, the company provides tailored commercial leasing solutions to meet its customers' needs. This division specifically targets small to medium-sized businesses and the agriculture sector. Thorn is headquartered in Sydney, Australia, and has been listed on the Australian stock exchange since 2006. The company employs approximately 1,000 people and operates more than 70 branches in Australia and New Zealand. The products offered by Thorn include household appliances such as refrigerators, washing machines, and dryers, as well as entertainment electronics such as televisions, hi-fi systems, and computers. In addition, Thorn also offers furniture, including beds, sofas, and dining room furniture. In the automotive sector, Thorn offers a wide range of financing solutions, including car loans and leasing options. Additionally, the company also provides warranties and insurance policies that offer customers a high level of protection. Overall, Thorn Group Ltd has established itself as one of the leading companies in Australia and New Zealand in the finance and rental sectors. With a wide range of services and a strong focus on meeting the needs of its customers, the company will remain an important player in the Australian market in the future. Thorn Group is one of the most popular companies on Eulerpool.

Debt Details

Understanding Thorn Group's Debt Structure

Thorn Group's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Thorn Group's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Thorn Group’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Thorn Group’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Thorn Group stock

Debt of Thorn Group is 114.89 M AUD in 2023.

Debt of Thorn Group changed from 60.60 M AUD to 114.89 M AUD, representing a 89.58% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Debt Thorn Group since 2006 – with annual values, charts, and detailed analysis.

Debt's AUD is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track Debt's Thorn Group historically and in real time.

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Balance Sheet — Thorn Group

All Key Metrics — Thorn Group