TransMedics Group Inc (TMDX)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 497,216 | 510,654 | 252,294 | 118,705 | 146,766 |
| Total current liabilities | US$ in thousands | 59,913 | 54,934 | 23,661 | 23,238 | 11,879 |
| Current ratio | 8.30 | 9.30 | 10.66 | 5.11 | 12.36 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $497,216K ÷ $59,913K
= 8.30
TransMedics Group Inc's current ratio has shown a fluctuating trend over the past five years, varying from a high of 12.36 in December 31, 2020, to a low of 5.11 in December 31, 2021. Although the current ratio decreased significantly in 2021, it has since improved to 10.66 in December 31, 2022, 9.30 in December 31, 2023, and 8.30 in December 31, 2024. The current ratio indicates the company's ability to meet its short-term obligations with its current assets. TransMedics Group Inc's current ratio has remained above 1 throughout the period, suggesting the company has had more than enough current assets to cover its current liabilities each year.
Peer comparison
Dec 31, 2024