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Orthofix Medical Inc   (OFIX)
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Orthofix Medical Inc 's Total Debt to Equity

OFIX's quarterly Total Debt to Equity and Total Debt, Equity growth


Due to net new borrowings of 37.25%, Total Debt to Equity fell to 0.11, below the Orthofix Medical Inc 's average Total Debt to Equity.

Within Medical Equipment & Supplies industry in the third quarter 2023, 20 other companies have achieved lower Total Debt to Equity than Orthofix Medical Inc in the III Quarter 2023. While Total Debt to Equity total ranking has deteriorated compared to the second quarter 2023 from 222 to 399 .

Explain Debt to Equity Ratio?
What is the structure of OFIX´s Total Debt?
How valuable is the OFIX´s Equity?


OFIX Total Debt to Equity (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity Change 84.53 % 87.16 % 97.92 % -0.02 % -8.58 %
Y / Y Total Debt Change - - - - -
Total Debt to Equity MRQ 0.11 0.08 0.07 - -
OFIX's Total Ranking # 399 # 222 # 292 # 0 # 0
Seq. Equity Change -3.83 % -3.64 % 97.16 % 1 % -2.46 %
Seq. Total Debt Change 37.25 % 13.33 % - - -



Total Debt to Equity third quarter 2023 Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 21
Healthcare Sector # 79
Overall Market # 399


Total Debt to Equity Statistics
High Average Low
0.66 0.16 0.05
(Dec 31 2011)   (Dec 31 2012)




Financial Statements
Orthofix Medical Inc 's Equity $ 615 Millions Visit OFIX's Balance sheet
Orthofix Medical Inc 's Total Debt $ 70 Millions Visit OFIX's Balance sheet
Source of OFIX's Sales Visit OFIX's Sales by Geography


Cumulative Orthofix Medical Inc 's Total Debt to Equity

OFIX's Total Debt to Equity for the trailling 12 Months

OFIX Total Debt to Equity

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity TTM Growth 84.53 % 87.16 % 97.92 % -0.02 % -8.58 %
Y / Y Total Debt TTM Growth - - - - -
Total Debt to Equity TTM 0.07 0.05 0.03 - -
Total Ranking TTM # 17 # 14 # 10 # 0 # 0
Seq. Equity TTM Growth -3.83 % -3.64 % 97.16 % 1 % -2.46 %
Seq. Total Debt TTM Growth 37.25 % 13.33 % - - -


On the trailing twelve months basis Due to the net new borrowings of 37.25% during the trailing twelve months finishing in the III Quarter 2023, cumulativeTotal Debt to Equity improved to 0.07, a new company high.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Medical Equipment & Supplies industry only one has achieved lower Total Debt to Equity. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the III Quarter 2023, compared to the prior period, from 14 to 17.

Explain Debt to Equity Ratio?
What is the structure of OFIX´s Total Debt?
How valuable is the OFIX´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Medical Equipment & Supplies Industry # 2
Healthcare Sector # 2
Within the Market # 17


trailing twelve months Total Debt to Equity Statistics
High Average Low
0.07 0.06 0.01
(Jun 30 2020)   (Dec. 30, 2012)




Companies with similar Total Debt to Equity in the quarter ending Sep 30 2023, within Medical Equipment & Supplies Industry Total Debt to EquitySep 30 2023 MRQ Total DebtSep 30 2023 MRQ Equity
U S Physical Therapy Inc  0.30 $ 147.014  Millions$ 493.508  Millions
Pulmonx Corporation  0.30 $ 37.245  Millions$ 125.743  Millions
Delcath Systems Inc   0.29 $ 7.080  Millions$ 24.719  Millions
Cytosorbents Corporation  0.27 $ 5.032  Millions$ 18.512  Millions
Apyx Medical Corporation  0.27 $ 9.009  Millions$ 33.586  Millions
Sight Sciences Inc   0.27 $ 33.765  Millions$ 127.069  Millions
Sanara Medtech Inc   0.26 $ 11.663  Millions$ 44.098  Millions
Encision Inc   0.25 $ 0.594  Millions$ 2.373  Millions
Surmodics Inc  0.25 $ 29.405  Millions$ 119.910  Millions
Merit Medical Systems Inc  0.23 $ 286.120  Millions$ 1,229.885  Millions
Innovage Holding Corp   0.23 $ 67.798  Millions$ 292.909  Millions
Alcon inc   0.22 $ 4,594.000  Millions$ 20,624.000  Millions
Paragon 28 Inc   0.22 $ 42.928  Millions$ 193.744  Millions
Precision Optics Corporation Inc   0.22 $ 2.561  Millions$ 11.691  Millions
Avanos Medical Inc   0.22 $ 264.500  Millions$ 1,222.100  Millions
Si bone inc   0.21 $ 36.022  Millions$ 173.600  Millions
Akili Inc   0.18 $ 12.709  Millions$ 69.094  Millions
Yunhong Green Cti Ltd   0.18 $ 0.528  Millions$ 2.926  Millions
Cvrx inc  0.17 $ 14.294  Millions$ 82.827  Millions
Procept Biorobotics Corporation  0.17 $ 51.307  Millions$ 299.356  Millions
Lifestance Health Group Inc   0.17 $ 248.371  Millions$ 1,455.048  Millions
Profound Medical Corp   0.16 $ 5.000  Millions$ 31.180  Millions
Irhythm Technologies Inc   0.16 $ 34.946  Millions$ 219.795  Millions
Ufp Technologies Inc   0.16 $ 43.000  Millions$ 272.383  Millions
Carmell Corporation  0.15 $ 3.219  Millions$ 20.918  Millions
Ir med Inc   0.13 $ 0.152  Millions$ 1.212  Millions
Orchestra Biomed Holdings Inc   0.12 $ 9.599  Millions$ 79.656  Millions
Inovio Pharmaceuticals Inc   0.12 $ 16.488  Millions$ 138.160  Millions
Enovis Corporation  0.11 $ 395.000  Millions$ 3,441.732  Millions
Orthofix Medical Inc   0.11 $ 70.000  Millions$ 615.483  Millions

Date modified: 2023-11-10T00:40:30+00:00



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