TransMedics Group Inc (TMDX)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $228,603K
= 0.00
The debt-to-equity ratio for TransMedics Group Inc has consistently been reported as 0.00 for the years ending December 31, 2020 to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and has relied solely on equity financing. A debt-to-equity ratio of 0.00 signifies a conservative financial structure with no debt obligations relative to equity, suggesting a reduced financial risk and potential for financial stability. However, it is important to note that a low debt-to-equity ratio may also imply missed opportunities for leveraging debt for potential growth or expansion.
Peer comparison
Dec 31, 2024