TransMedics Group Inc (TMDX)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 228,603 | 137,202 | 187,375 | 67,854 | 103,891 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $228,603K)
= 0.00
TransMedics Group Inc's debt-to-capital ratio remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has either no debt or a negligible amount in relation to its total capital (which includes both debt and equity). A debt-to-capital ratio of 0.00 indicates that the company is primarily financed by equity rather than debt, which can be advantageous as it signifies lower financial risk and potential pressure from debt obligations. However, it's important to note that a very low debt-to-capital ratio can also mean missed opportunities for leveraging debt for potential growth, and may signal a conservative financial strategy. Overall, the stability of the 0.00 debt-to-capital ratio suggests that TransMedics Group Inc has a relatively strong and stable capital structure.
Peer comparison
Dec 31, 2024