Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to assets ratio high or low?
The debt to assets ratio of 60.18% is 23% above its 5-year average of 48.89%, near the high end of its 5-year range (23.45%–74.82%).
As of the fiscal period ended Tuesday, March 31, 2026. 7.77% above its 12-month average of 55.84%.
Reported quarterly debt to assets ratio; no daily interpolation.
DEBT TO ASSETS RATIO
60.18%
DEBT TO ASSETS RATIO AVG TTM
55.84%
DEBT TO ASSETS RATIO AVG 3Y
64.29%
DEBT TO ASSETS RATIO AVG 5Y
48.89%
DEBT TO ASSETS RATIO AVG 10Y
N/A
DEBT TO ASSETS RATIO AVG 15Y
N/A
DEBT TO ASSETS RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+7.77%
CURRENT VS 3Y AVG
-6.40%
CURRENT VS 5Y AVG
+23.08%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.29%
median of 77 covered companies
CURRENT VS SECTOR MEDIAN
+20650.29%
vs the sector median at left
TransMedics Group, Inc.
Market Cap
$2.79B
Debt to Assets Ratio
60.18%
TTM Avg
55.84%
3Y Avg
64.29%
5Y Avg
48.89%
Market Cap
$2.86B
Debt to Assets Ratio
0.45%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.20B
Debt to Assets Ratio
0.37%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$474.08M
Debt to Assets Ratio
0.09%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$7.19B
Debt to Assets Ratio
0.50%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO ASSETS RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TransMedics Group, Inc. (TMDX) | $2.79B | 60.18% | 55.84% | 64.29% | 48.89% |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $2.86B | 0.45% | N/A | N/A | N/A |
| Teladoc Health, Inc. (TDOC)vs › | $1.20B | 0.37% | N/A | N/A | N/A |
| Shoulder Innovations, Inc. (SI)vs › | $474.08M | 0.09% | N/A | N/A | N/A |
| NRC Health (NRC)vs › | $441.61M | 0.66% | N/A | N/A | N/A |
| 23andMe Holding Co. (ME)vs › | $15.31M | 0.19% | N/A | N/A | N/A |
| Hims & Hers Health, Inc. (HIMS)vs › | $7.19B | 0.50% | N/A | N/A | N/A |
| Oscar Health, Inc. (OSCR)vs › | $7.97B | 0.05% | N/A | N/A | N/A |
| Tempus AI, Inc. (TEM)vs › | $8.31B | 0.53% | N/A | N/A | N/A |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $9.02B | 0.14% | N/A | N/A | N/A |
Debt/Assets
60.2%
Debt/Equity
1.75
Current Ratio
6.74
Interest Coverage
7.9x
Formula: Debt/Assets = Total Debt / Total Assets × 100
Debt/Assets vs Debt/Equity:
Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.
Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO ASSETS RATIO |
|---|---|
| 2026-03-31 | 60.18% |
| 2025-12-31 | 43.96% |
| 2025-09-30 | 54.90% |
| 2025-06-30 | 58.26% |
| 2025-03-31 | 61.90% |
| 2024-12-31 | 64.46% |
| 2024-09-30 | 65.96% |
| 2024-06-30 | 68.09% |
| 2024-03-31 | 71.32% |
| 2023-12-31 | 73.08% |
| 2023-09-30 | 74.82% |
| 2023-06-30 | 74.60% |
| 2023-03-31 | 23.45% |
| 2022-12-31 | 24.38% |
| 2022-09-30 | 24.64% |
| 2022-06-30 | 38.37% |
| 2022-03-31 | 36.43% |
| 2021-12-31 | 32.47% |
| 2021-09-30 | 26.73% |
| 2021-06-30 | 24.85% |
| 2021-03-31 | 23.86% |
| 2020-12-31 | 22.80% |
| 2020-09-30 | 21.67% |
| 2020-06-30 | 21.08% |
| 2020-03-31 | 35.36% |
| 2019-12-31 | 32.43% |
| 2019-09-28 | 30.21% |
| 2019-06-29 | 28.01% |
| 2019-03-30 | 87.17% |
| 2018-12-31 | 79.87% |
| 2018-09-30 | 69.35% |
| 2018-06-30 | 65.41% |
| 2017-12-30 | 23.38% |
