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TransMedics Group, Inc. (TMDX) Interest Coverage Ratio: 7.88x

The interest coverage ratio for TransMedics Group, Inc. (TMDX) is 7.88x as of Saturday, June 20, 2026.

TMDX Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

7.88x

TMDX Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
TransMedics Group, Inc. (TMDX)$2.72B7.88xN/AN/AN/A
DENTSPLY SIRONA Inc. (XRAY)vs ›$2.07B2.86x2.86x2.86x6.42x
23andMe Holding Co. (ME)vs ›$15.31MN/AN/AN/AN/A
Bio-Rad Laboratories, Inc. (BIO)vs ›$7.64B5.52x5.51x7.63x62.06x
Hims & Hers Health, Inc. (HIMS)vs ›$7.91BN/AN/AN/AN/A
Tempus AI, Inc. (TEM)vs ›$8.87B-3.40xN/AN/AN/A
Charles River Laboratories International, Inc. (CRL)vs ›$8.91B4.74x3.27x5.51x5.84x
Baxter International Inc. (BAX)vs ›$10.27B-1.06x0.71x2.65x6.89x
Walgreens Boots Alliance, Inc. (WBA)vs ›$10.37B-29.20x3.03x3.75x5.52x
Revvity, Inc. (RVTY)vs ›$11.16B3.87x4.06x4.92x8.88x

Financial Health Indicators

Interest Coverage

7.9x

Debt/Equity

0.99

Current Ratio

7.14

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.

TransMedics Group, Inc. 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

TransMedics Group, Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for TransMedics Group, Inc. (TMDX)?
The interest coverage ratio for TMDX stock is 7.88x.

About TransMedics Group, Inc.

TransMedics Group, Inc. operates as a commercial-stage medical technology enterprise, committed to transforming the landscape of organ transplant therapy for patients worldwide grappling with end-stage organ failure. At the core of their offerings is the Organ Care System (OCS), an innovative, portable solution engineered to perfuse, optimize, and continuously monitor donor organs. This system leverages exclusive, tailored technology to meticulously recreate near-physiological conditions for these vital organs while they remain outside the human body. The OCS suite encompasses specialized modules: OCS LUNG, which facilitates the preservation of standard criteria donor lungs for double-lung transplants; OCS Heart, designed for the extracorporeal perfusion and maintenance of donor hearts; and OCS Liver, dedicated to the preservation of donor livers. Founded in 1998, TransMedics is headquartered in Andover, Massachusetts.

Andover, MA
728 employees
Healthcare / Medical - Devices
Sector
Healthcare
Industry
Medical - Devices
CEO
Waleed H. Hassanein