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RMDResMed Inc.

Interest Coverage Ratio: 40.68x

Is the interest coverage ratio high or low?

The interest coverage ratio of 40.68x is 11% below its 5-year average of 45.89x, near the low end of its 5-year range (18.42x–133.92x).

As of Friday, June 26, 2026. 43.50% below its 12-month average of 71.99x.

Interest Coverage

RMD Interest Coverage Ratio

40.68x

Reported quarterly interest coverage; no daily interpolation.

+7.02% 5Y
RMD Interest Coverage Ratio

RMD Average Interest Coverage Ratio Chart

RMD Interest Coverage Ratio

RMD Current vs Average Interest Coverage Ratio Chart

RMD Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

40.68x

INTEREST COVERAGE RATIO AVG TTM

71.99x

INTEREST COVERAGE RATIO AVG 3Y

41.39x

INTEREST COVERAGE RATIO AVG 5Y

38.71x

INTEREST COVERAGE RATIO AVG 10Y

32.72x

INTEREST COVERAGE RATIO AVG 15Y

32.72x

INTEREST COVERAGE RATIO AVG 20Y

28.30x

CURRENT VS TTM AVG

-43.50%

CURRENT VS 3Y AVG

-1.73%

CURRENT VS 5Y AVG

+5.08%

CURRENT VS 10Y AVG

+24.31%

CURRENT VS 15Y AVG

+24.31%

CURRENT VS 20Y AVG

+43.75%

RMD Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
ResMed Inc. (RMD)$28.81B40.68x71.99x41.39x38.71x
DexCom, Inc. (DXCM)vs ›$26.82B49.83x40.70x32.97x24.93x
Moderna, Inc. (MRNA)vs ›$26.45B-307.40x531.75x531.75x531.75x
Biogen Inc. (BIIB)vs ›$31.51B7.63x8.79x9.45x11.57x
IQVIA Holdings Inc. (IQV)vs ›$31.58B3.14x3.21x3.42x3.19x
Veeva Systems Inc. (VEEV)vs ›$25.68BN/AN/AN/AN/A
Medline Inc. (MDLN)vs ›$31.94B2.72x2.21x1.60x1.60x
Zoetis Inc. (ZTS)vs ›$32.06B14.80x14.41x13.27x12.34x
Centene Corp. (CNC)vs ›$32.31B-11.24x4.28x3.30x3.63x
Mettler-Toledo International Inc. (MTD)vs ›$25.24B16.32x15.71x16.43x18.17x

Financial Health Indicators

Interest Coverage

40.7x

Debt/Equity

0.14

Current Ratio

3.44

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Interest Coverage Ratio FAQ

What is the interest coverage ratio for ResMed Inc. (RMD)?
The interest coverage ratio for RMD stock is 40.68x.
Is ResMed Inc.'s interest coverage ratio high or low?
The interest coverage ratio of 40.68x is 11% below its 5-year average of 45.89x, near the low end of its 5-year range (18.42x–133.92x).
What is the TTM average interest coverage ratio for ResMed Inc. (RMD)?
The TTM average interest coverage ratio for RMD stock is 71.99x.
What is the 3Y average interest coverage ratio for ResMed Inc. (RMD)?
The 3Y average interest coverage ratio for RMD stock is 41.39x.
What is the 5Y average interest coverage ratio for ResMed Inc. (RMD)?
The 5Y average interest coverage ratio for RMD stock is 38.71x.
What is the 10Y average interest coverage ratio for ResMed Inc. (RMD)?
The 10Y average interest coverage ratio for RMD stock is 32.72x.
What is the 15Y average interest coverage ratio for ResMed Inc. (RMD)?
The 15Y average interest coverage ratio for RMD stock is 32.72x.
What is the 20Y average interest coverage ratio for ResMed Inc. (RMD)?
The 20Y average interest coverage ratio for RMD stock is 28.30x.

RMD Interest Coverage Ratio History

DATEINTEREST COVERAGE RATIO
2026-03-3140.68x
2025-12-3162.60x
2025-09-3050.78x
2025-03-31133.92x
2024-12-3187.14x
2024-09-3070.39x
2024-06-3039.92x
2024-03-3126.05x
2023-12-3119.93x
2023-09-3019.32x
2023-06-3018.42x
2023-03-3120.09x
2022-12-3127.10x
2022-09-3038.65x
2022-06-3046.08x
2022-03-3142.89x
2021-12-3141.81x
2021-09-3048.86x
2021-06-3045.21x
2021-03-3138.01x
2020-12-3137.43x
2020-09-3031.70x
2020-06-3024.27x
2020-03-3121.82x
2019-12-3119.36x
2019-09-3015.57x
2019-06-309.65x
2019-03-3112.65x
2018-12-3120.98x
2018-09-3038.87x
2018-06-3026.79x
2018-03-3117.67x
2017-12-3119.81x
2017-09-3014.46x
2017-06-3038.48x
2017-03-3136.89x
2016-12-3139.76x
2016-09-3037.76x
2016-06-3049.97x
2010-06-306.82x
2009-06-3011.19x
2009-03-3123.68x
2008-12-3116.25x
2008-06-3011.85x
2008-03-3116.49x
2007-12-3115.65x
2007-09-3013.73x
2007-03-31-13.61x
2006-12-3127.38x
2006-09-3023.59x
2006-06-3021.09x
2006-03-3130.12x
2005-03-313003.00x

About ResMed Inc.

ResMed Inc. is a leading global medical technology enterprise engaged in the creation, production, distribution, and marketing of healthcare devices and connected digital solutions. The company operates through two primary segments: Sleep and Respiratory Care, and Software as a Service. Its extensive product range addresses a variety of respiratory disorders, encompassing advanced medical and consumer technologies, ventilation devices, diagnostic equipment, mask systems for both clinical and personal use, headgear, and related accessories, alongside dental devices. ResMed also provides sophisticated cloud-based informatics to enhance patient management and operational efficiency. Notable software offerings in its respiratory portfolio include AirView, for remote device monitoring and setting adjustments; myAir, a personalized application designed to support sleep apnea patients with education and troubleshooting for better engagement and adherence; and U-Sleep, a compliance tracking platform for home medical equipment providers. Complementing these are connectivity modules and Propeller solutions. Furthermore, ResMed offers a robust suite of out-of-hospital software. This includes Brightree, a business management platform for various home care service providers (e.g., HME, pharmacy, infusion, orthotics, prosthetics); MatrixCare, providing care management for senior living, skilled nursing, and hospice organizations; and HEALTHCAREfirst, which supplies electronic health records, billing, coding services, and analytics for home health and hospice agencies. ResMed distributes its offerings primarily to sleep clinics, home healthcare dealers, and hospitals via a global network of distributors and a direct sales force, serving approximately 140 countries. Founded in 1989, the company's headquarters are located in San Diego, California.

San Diego, CA
9,980 employees
Healthcare / Medical - Devices
Sector
Healthcare
Industry
Medical - Devices
CEO
Michael J. Farrell