TransMedics Group Balance Sheet Health
Financial Health criteria checks 3/6
TransMedics Group has a total shareholder equity of $159.5M and total debt of $507.0M, which brings its debt-to-equity ratio to 317.9%. Its total assets and total liabilities are $723.8M and $564.4M respectively. TransMedics Group's EBIT is $15.0M making its interest coverage ratio -6. It has cash and short-term investments of $350.2M.
Key information
317.9%
Debt to equity ratio
US$506.98m
Debt
Interest coverage ratio | -6x |
Cash | US$350.22m |
Equity | US$159.47m |
Total liabilities | US$564.36m |
Total assets | US$723.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8T8's short term assets ($488.3M) exceed its short term liabilities ($50.2M).
Long Term Liabilities: 8T8's short term assets ($488.3M) do not cover its long term liabilities ($514.1M).
Debt to Equity History and Analysis
Debt Level: 8T8's net debt to equity ratio (98.3%) is considered high.
Reducing Debt: 8T8 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 8T8 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8T8 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.