TransMedics Current Ratio from 2010 to 2024

TMDX Stock  USD 78.58  2.54  3.34%   
TransMedics Current Ratio yearly trend continues to be fairly stable with very little volatility. Current Ratio will likely drop to 5.54 in 2024. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
9.29577311
Current Value
5.54
Quarterly Volatility
2.92323407
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TransMedics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TransMedics' main balance sheet or income statement drivers, such as Interest Expense of 11.3 M, Selling General Administrative of 125.5 M or Research Development of 22.2 M, as well as many indicators such as Price To Sales Ratio of 10.09, Dividend Yield of 0.0 or PTB Ratio of 19.64. TransMedics financial statements analysis is a perfect complement when working with TransMedics Valuation or Volatility modules.
  
Check out the analysis of TransMedics Correlation against competitors.

Latest TransMedics' Current Ratio Growth Pattern

Below is the plot of the Current Ratio of TransMedics Group over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. TransMedics' Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TransMedics' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 12.11 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

TransMedics Current Ratio Regression Statistics

Arithmetic Mean6.96
Geometric Mean6.40
Coefficient Of Variation42.02
Mean Deviation2.25
Median6.21
Standard Deviation2.92
Sample Variance8.55
Range9.5833
R-Value0.32
Mean Square Error8.23
R-Squared0.11
Significance0.24
Slope0.21
Total Sum of Squares119.63

TransMedics Current Ratio History

2024 5.54
2023 9.3
2022 10.66
2021 5.11
2019 12.36
2018 2.77
2017 3.12

About TransMedics Financial Statements

TransMedics investors use historical fundamental indicators, such as TransMedics' Current Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in TransMedics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 9.30  5.54 

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Additional Tools for TransMedics Stock Analysis

When running TransMedics' price analysis, check to measure TransMedics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TransMedics is operating at the current time. Most of TransMedics' value examination focuses on studying past and present price action to predict the probability of TransMedics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransMedics' price. Additionally, you may evaluate how the addition of TransMedics to your portfolios can decrease your overall portfolio volatility.