Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the interest coverage ratio high or low?
The interest coverage ratio of 7.88x is 635% above its 5-year average of -1.47x, near the high end of its 5-year range (-11.98x–10.52x).
37.39% above its 12-month average of 5.74x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 3.29x.
INTEREST COVERAGE RATIO
7.88x
INTEREST COVERAGE RATIO AVG TTM
5.74x
INTEREST COVERAGE RATIO AVG 3Y
3.95x
INTEREST COVERAGE RATIO AVG 5Y
-1.47x
INTEREST COVERAGE RATIO AVG 10Y
N/A
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+37.39%
CURRENT VS 3Y AVG
+99.60%
CURRENT VS 5Y AVG
+635.05%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
6.88x
median of 82 covered companies
CURRENT VS SECTOR MEDIAN
+14.45%
vs the sector median at left
TransMedics Group, Inc.
Market Cap
$2.99B
Interest Coverage Ratio
7.88x
TTM Avg
5.74x
3Y Avg
3.95x
5Y Avg
-1.47x
Market Cap
$1.91B
Interest Coverage Ratio
2.86x
TTM Avg
2.86x
3Y Avg
2.86x
5Y Avg
6.42x
Market Cap
$1.14B
Interest Coverage Ratio
-13.34x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$5.10B
Interest Coverage Ratio
6.97x
TTM Avg
5.98x
3Y Avg
8.44x
5Y Avg
9.07x
Market Cap
$463.35M
Interest Coverage Ratio
4.74x
TTM Avg
9.15x
3Y Avg
25.82x
5Y Avg
26.16x
Market Cap
$5.59B
Interest Coverage Ratio
-55.80x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$376.61M
Interest Coverage Ratio
-375.67x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$45.05M
Interest Coverage Ratio
-5.91x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TransMedics Group, Inc. (TMDX) | $2.99B | 7.88x | 5.74x | 3.95x | -1.47x |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.91B | 2.86x | 2.86x | 2.86x | 6.42x |
| Teladoc Health, Inc. (TDOC)vs › | $1.14B | -13.34x | N/A | N/A | N/A |
| Doximity, Inc. (DOCS)vs › | $4.88B | N/A | N/A | N/A | N/A |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.10B | 6.97x | 5.98x | 8.44x | 9.07x |
| NRC Health (NRC)vs › | $463.35M | 4.74x | 9.15x | 25.82x | 26.16x |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.59B | -55.80x | N/A | N/A | N/A |
| Shoulder Innovations, Inc. (SI)vs › | $376.61M | -375.67x | N/A | N/A | N/A |
| PDS Biotechnology Corporation (PDSB)vs › | $45.05M | -5.91x | N/A | N/A | N/A |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.24B | N/A | N/A | N/A | N/A |
Interest Coverage
7.9x
Debt/Equity
1.67
Current Ratio
6.62
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-06-30 | 3.29x |
| 2026-03-31 | 1.85x |
| 2025-12-31 | 6.34x |
| 2025-09-30 | 6.67x |
| 2025-06-30 | 10.52x |
| 2025-03-31 | 7.93x |
| 2024-12-31 | 2.42x |
| 2024-09-30 | 1.08x |
| 2024-06-30 | 3.45x |
| 2024-03-31 | 3.45x |
| 2023-12-31 | 0.72x |
| 2023-09-30 | -7.89x |
| 2023-06-30 | -0.36x |
| 2023-03-31 | -1.91x |
| 2022-12-31 | -6.73x |
| 2022-09-30 | -7.04x |
| 2022-06-30 | -11.18x |
| 2022-03-31 | -9.76x |
| 2021-12-31 | -11.58x |
| 2021-09-30 | -11.98x |
| 2021-06-30 | -10.23x |
| 2021-03-31 | -6.84x |
| 2020-12-31 | -6.07x |
| 2020-09-30 | -4.75x |
| 2020-06-30 | -7.85x |
| 2020-03-31 | -7.69x |
| 2019-12-31 | -8.18x |
| 2019-09-28 | -6.68x |
| 2019-06-29 | -6.92x |
| 2019-03-30 | -5.45x |
| 2018-12-31 | -6.54x |
| 2018-09-30 | -3.66x |
| 2018-06-30 | -16.47x |
| 2018-03-31 | -18.53x |
