ResMed Financials

RMD Stock  USD 243.60  2.05  0.85%   
Based on the measurements of operating efficiency obtained from ResMed's historical financial statements, ResMed Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, ResMed's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Current Liabilities is expected to grow to about 956.2 M, whereas Non Currrent Assets Other are forecasted to decline to about 73.7 M. Key indicators impacting ResMed's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.130.2179
Way Down
Very volatile
Return On Assets0.0960.1486
Way Down
Pretty Stable
Return On Equity0.140.2099
Way Down
Pretty Stable
Debt Equity Ratio0.220.1506
Way Up
Pretty Stable
Operating Income1.4 B1.3 B
Sufficiently Up
Slightly volatile
Current Ratio4.02.589
Way Up
Slightly volatile
The essential information of the day-to-day investment outlook for ResMed includes many different criteria found on its balance sheet. An individual investor should monitor ResMed's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in ResMed.

Cash And Equivalents

254.79 Million

  
Understanding current and past ResMed Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of ResMed's financial statements are interrelated, with each one affecting the others. For example, an increase in ResMed's assets may result in an increase in income on the income statement.

ResMed Earnings Geography

Please note, the presentation of ResMed's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ResMed's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of ResMed's management manipulating its earnings.

ResMed Stock Summary

ResMed competes with Teleflex Incorporated, West Pharmaceutical, Alcon AG, ICU Medical, and Cooper Companies,. ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. ResMed Inc. was founded in 1989 and is headquartered in San Diego, California. ResMed operates under Medical Instruments Supplies classification in the United States and is traded on New York Stock Exchange. It employs 8160 people.
Foreign Associate
  Australia
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS7611521078
CUSIP761152107
LocationCalifornia; U.S.A
Business Address9001 Spectrum Center
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.resmed.com
Phone858 836 5000
CurrencyUSD - US Dollar

ResMed Key Financial Ratios

ResMed Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets4.6B4.7B5.1B6.8B6.9B7.2B
Other Current Liab335.1M749.2M322.9M343.7M352.4M370.0M
Net Debt836.1M498.4M643.8M1.4B635.6M667.4M
Retained Earnings2.8B3.1B3.6B4.3B5.0B5.2B
Accounts Payable135.8M138.0M159.2M150.8M237.7M249.6M
Cash463.2M295.3M273.7M227.9M238.4M333.5M
Net Receivables474.6M614.3M576.0M704.9M837.3M879.1M
Inventory416.9M457.0M743.9M998.0M822.3M863.4M
Other Current Assets168.7M208.2M337.9M437.0M459.8M482.8M
Total Liab2.1B1.8B1.7B2.6B2.0B2.1B
Total Current Assets1.5B1.6B1.9B2.4B2.4B2.5B
Short Term Debt33.3M35.6M53.6M53.7M60.5M68.6M
Intangible Assets448.2M392.6M345.9M552.3M485.9M510.2M
Common Stock580K583K586K588K676.2K443.7K
Other Assets145.6M240.8M202.3M261.3M300.5M315.5M
Good Will1.9B1.9B1.9B2.8B2.8B3.0B
Other Liab221.6M172.6M160.0M315.2M362.5M380.6M
Long Term Debt1.2B643.4M765.3M1.4B697.3M482.4M
Net Tangible Assets158.5M565.2M1.1B807.3M726.5M632.7M
Long Term Debt Total1.3B1.2B643.4M765.3M880.1M737.7M
Capital Surpluse1.5B1.6B1.6B1.7B1.9B1.5B

ResMed Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense40.4M24.0M22.3M47.4M45.7M48.0M
Total Revenue3.0B3.2B3.6B4.2B4.7B4.9B
Gross Profit1.7B1.8B2.0B2.4B2.6B2.7B
Operating Income809.7M903.7M1.0B1.1B1.3B1.4B
Ebit809.7M907.7M982.8M1.2B1.4B1.5B
Ebitda989.8M1.1B1.2B1.4B1.6B1.7B
Cost Of Revenue1.2B1.4B1.6B1.9B2.1B2.2B
Income Before Tax733.1M883.7M960.5M1.1B1.3B1.3B
Net Income621.7M474.5M779.4M897.6M1.0B1.1B
Income Tax Expense111.4M409.2M181.0M204.1M243.8M256.0M
Research Development201.9M225.3M253.6M287.6M307.5M322.9M
Tax Provision111.4M409.2M181.0M204.1M243.8M188.8M
Interest Income63.1M34.8M43M44.7M51.4M31.4M
Net Interest Income(39.4M)(23.6M)(22.3M)(47.4M)(45.7M)(43.4M)

ResMed Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(69.9M)(22.0M)(311.7M)(248.8M)172.2M180.8M
Change In Cash316.0M(167.9M)(21.6M)(45.8M)10.5M6.5M
Free Cash Flow696.3M619.9M195.1M559.3M1.3B1.4B
Depreciation181.4M191.5M193.8M197.6M216.2M227.0M
Other Non Cash Items(7K)8.7M20.7M(11.1M)39.1M41.1M
Capital Expenditures105.9M116.8M156.0M134M114.9M66.9M
Net Income621.7M474.5M779.4M897.6M1.0B1.1B
End Period Cash Flow463.2M295.3M273.7M227.9M238.4M334.2M
Dividends Paid225.1M226.7M245.3M258.3M282.3M203.0M
Change To Netincome82.6M69.3M85.9M60.3M69.4M45.6M
Investments(46.0M)(158.5M)(13.9M)(1.2B)(269.8M)(256.3M)
Net Borrowings(94.0M)(522M)122M665M764.8M803.0M

ResMed Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining ResMed's current stock value. Our valuation model uses many indicators to compare ResMed value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across ResMed competition to find correlations between indicators driving ResMed's intrinsic value. More Info.
ResMed Inc is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about  0.56  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for ResMed Inc is roughly  1.78 . At present, ResMed's Return On Equity is projected to slightly decrease based on the last few years of reporting. Comparative valuation analysis is a catch-all technique that is used if you cannot value ResMed by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

ResMed Inc Systematic Risk

ResMed's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. ResMed volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on ResMed Inc correlated with the market. If Beta is less than 0 ResMed generally moves in the opposite direction as compared to the market. If ResMed Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one ResMed Inc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of ResMed is generally in the same direction as the market. If Beta > 1 ResMed moves generally in the same direction as, but more than the movement of the benchmark.

ResMed Thematic Clasifications

ResMed Inc is part of several thematic ideas from Medical Equipment to Obamacare Repeal. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in ResMed Stock are looking for potential investment opportunities by analyzing not only static indicators but also various ResMed's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of ResMed growth as a starting point in their analysis.

Price Earnings To Growth Ratio

2.11

At present, ResMed's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

ResMed November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of ResMed help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of ResMed Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of ResMed Inc based on widely used predictive technical indicators. In general, we focus on analyzing ResMed Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ResMed's daily price indicators and compare them against related drivers.

Complementary Tools for ResMed Stock analysis

When running ResMed's price analysis, check to measure ResMed's 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 ResMed is operating at the current time. Most of ResMed's value examination focuses on studying past and present price action to predict the probability of ResMed's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ResMed's price. Additionally, you may evaluate how the addition of ResMed to your portfolios can decrease your overall portfolio volatility.
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