Globus Medical (GMED)

Exchange
NYSE
Symbol
GMED
Sector
Life Sciences
Industry
Surgical & Medical Instruments & Apparatus
Description
Globus Medical, Inc., a medical device company, develops and markets healthcare solutions for patients with musculoskeletal disorders. The company is headquartered in Audubon, Pennsylvania.
Country
USA

Stock price

At close: November 6, 2024

  • Open
    81.51
  • High
    84.87
  • Low
    79.69
  • Close
    82.71
  • Volume
    3,866,310

Financial ratios

Dec 31, 2023

Activity ratios
Inventory turnover
0.65
Receivables turnover
3.11
Payables turnover
9.67
Working capital turnover
1.03
Days of inventory on hand (DOH)
564.73
Days of sales outstanding (DSO)
117.49
Number of days of payables
37.73
Fixed asset turnover
2.67
Total asset turnover
0.31
 Liquidity ratios
Current ratio
4.88
Quick ratio
2.74
Cash ratio
1.45
Cash conversion cycle
644.48
 Solvency ratios
Debt-to-assets ratio
0.08
Debt-to-capital ratio
0.09
Debt-to-equity ratio
0.10
Financial leverage ratio
1.27
Interest coverage
8.96
 Profitability ratios
Gross profit margin
65.05%
Operating profit margin
8.49%
Pretax margin
10.54%
Net profit margin
7.83%
Operating return on assets (Operating ROA)
2.62%
Return on assets (ROA)
2.42%
Return on total capital
3.02%
Return on equity (ROE)
3.07%