CSIMarket
 


Tactile Systems Technology Inc   (TCMD)
Other Ticker:  
 

Tactile Systems Technology Inc 's Leverage Ratio

TCMD's quarterly Leverage Ratio and Total Liabilities, Equity growth


Due to repayements of liabilities of -39.76% Tactile Systems Technology Inc improved Leverage Ratio in forth quarter 2023 to 0.34, below the company's average Leverage Ratio.

Within Medical Equipment & Supplies industry in the forth quarter 2023, 11 other companies have achieved lower Leverage Ratio than Tactile Systems Technology Inc in the IV Quarter 2023. While Leverage Ratio total ranking has improved so far in the forth quarter 2023 to 161, from total ranking in the third quarter 2023 at 371 .

Explain Leverage Ratio?
Who are TCMD Customers?
What are TCMD´s Total Liabilities?


TCMD Leverage Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity Change 59.51 % 59.82 % 39.12 % 35.82 % -5.32 %
Y / Y Total Liabilities Change -50.18 % -17.63 % -6.67 % 1.11 % 15.13 %
Leverage Ratio MRQ 0.34 0.6 0.72 0.76 1.1
TCMD's Total Ranking # 161 # 371 # 811 # 862 # 727
Seq. Equity Change 5.91 % 15.16 % 1.67 % 28.63 % 6.12 %
Seq. Total Liabilities Change -39.76 % -3.9 % -3.67 % -10.67 % -0.4 %



Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 12
Healthcare Sector # 46
Overall Market # 161


Leverage Ratio Statistics
High Average Low
1.17 0.44 0.18
(Sep 30 2022)   (Jun 30 2017)




Financial Statements
Tactile Systems Technology Inc 's Equity $ 194 Millions Visit TCMD's Balance sheet
Tactile Systems Technology Inc 's Total Liabilities $ 67 Millions Visit TCMD's Balance sheet
Source of TCMD's Sales Visit TCMD's Sales by Geography


Cumulative Tactile Systems Technology Inc 's Leverage Ratio

TCMD's Leverage Ratio for the trailling 12 Months

TCMD Leverage Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Equity TTM Growth 59.51 % 59.82 % 39.12 % 35.82 % -5.32 %
Y / Y Total Liabilities TTM Growth -50.18 % -17.63 % -6.67 % 1.11 % 15.13 %
Leverage Ratio TTM 0.59 0.77 0.91 1.01 1.09
Total Ranking TTM # 692 # 1410 # 1719 # 1925 # 2385
Seq. Equity TTM Growth 5.91 % 15.16 % 1.67 % 28.63 % 6.12 %
Seq. Total Liabilities TTM Growth -39.76 % -3.9 % -3.67 % -10.67 % -0.4 %


On the trailing twelve months basis Due to repayements of liabilities of -39.76% Tactile Systems Technology Inc decreased Leverage Ratio in the 12 months ending in IV Quarter 2023 to 0.59, above the Tactile Systems Technology Inc 's average Leverage Ratio.
Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Medical Equipment & Supplies industry TCMD recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has improved so far to 2, from total ranking in previous 12 month period at 1096.

Explain Leverage Ratio?
Who are TCMD Customers?
What are TCMD´s Total Liabilities?

TTM Leverage Ratio Company Ranking
Within: No.
Within the Medical Equipment & Supplies Industry # 0
Healthcare Sector # 1
Within the Market # 161


trailing twelve months Leverage Ratio Statistics
High Average Low
1.09 0.51 0.2
(Dec 31 2022)   (Dec 31 2018)




Companies with similar Leverage Ratio in the quarter ending Dec 31 2023, within Medical Equipment & Supplies Industry Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Equity
Integer Holdings Corporation  0.93 $ 1,414.919  Millions$ 1,519.042  Millions
Merit Medical Systems Inc  0.92 $ 1,111.157  Millions$ 1,202.000  Millions
Livanova Plc  0.90 $ 1,151.935  Millions$ 1,277.628  Millions
Dynatronics Corporation  0.89 $ 13.769  Millions$ 15.530  Millions
Genedx Holdings Corp   0.84 $ 190.739  Millions$ 228.017  Millions
Innovage Holding Corp   0.84 $ 243.121  Millions$ 291.141  Millions
Steris Plc  0.78 $ 4,983.048  Millions$ 6,428.099  Millions
Silk Road Medical Inc   0.76 $ 114.158  Millions$ 151.151  Millions
Medtronic Plc  0.75 $ 39,044.000  Millions$ 51,996.000  Millions
Privia Health Group Inc   0.71 $ 430.174  Millions$ 607.389  Millions
Boston Scientific Corporation  0.70 $ 13,752.000  Millions$ 19,530.000  Millions
Align Technology inc   0.68 $ 2,453.388  Millions$ 3,630.489  Millions
Mimedx Group Inc   0.67 $ 96.330  Millions$ 142.717  Millions
Docgo Inc   0.62 $ 189.657  Millions$ 305.171  Millions
Odyssey Health Inc   0.62 $ 5.380  Millions$ 8.670  Millions
Pro dex Inc   0.62 $ 19.641  Millions$ 31.786  Millions
Teleflex Incorporated  0.57 $ 2,524.178  Millions$ 4,440.988  Millions
Precision Optics Corporation Inc   0.55 $ 6.232  Millions$ 11.317  Millions
Resmed Inc   0.54 $ 2,423.234  Millions$ 4,481.854  Millions
Envista Holdings Corporation  0.52 $ 2,178.900  Millions$ 4,173.900  Millions
Modular Medical Inc   0.52 $ 1.992  Millions$ 3.845  Millions
Cvrx inc  0.52 $ 39.282  Millions$ 75.947  Millions
Pulmonx Corporation  0.50 $ 59.466  Millions$ 118.315  Millions
Inovio Pharmaceuticals Inc   0.46 $ 53.602  Millions$ 117.349  Millions
Inari Medical Inc   0.45 $ 209.325  Millions$ 464.910  Millions
Alcon inc   0.44 $ 8,990.000  Millions$ 20,624.000  Millions
Warby Parker Inc   0.43 $ 128.354  Millions$ 301.787  Millions
Ufp Technologies Inc   0.41 $ 118.045  Millions$ 286.091  Millions
Profound Medical Corp   0.41 $ 12.731  Millions$ 31.180  Millions
Edwards Lifesciences Corporation  0.40 $ 2,713.200  Millions$ 6,719.400  Millions

Date modified: 2024-02-21T12:03:18+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com