TransMedics Group Inc (TMDX)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 228,603 | 209,920 | 189,894 | 159,471 | 137,202 | 126,460 | 145,213 | 192,625 | 187,375 | 187,857 | 50,919 | 59,910 | 67,854 | 78,549 | 88,983 | 97,675 | 103,891 | 109,550 | 113,760 | 46,683 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 has consistently maintained a debt-to-capital ratio of 0.00 over the specified period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a significant portion of its capital structure during this time frame. A debt-to-capital ratio of 0.00 typically signifies that the company's capital structure is primarily composed of equity rather than debt. While a low debt-to-capital ratio can imply a lower financial risk and less reliance on borrowed funds, it may also suggest limited leveraging opportunities for potential growth or expansion. It is important to note that a debt-to-capital ratio of 0.00 could also indicate a conservative financial strategy that prioritizes equity financing over debt financing.
Peer comparison
Dec 31, 2024