Globus Medical (GMED) Debt Ratio (2024)

Globus Medical (GMED) posted Debt Ratio of 0.08 for Q4 2024, down 1.78% on a QoQ basis from 0.09 in Q3 2024.

Globus Medical (GMED) Debt Ratio (2024) Analysis & Trends

Globus Medical's Debt Ratio history runs 1 years deep, the most recent figure standing at 0.08 for Q4 2024.

Quarterly Debt Ratio changed N/A year-over-year to 0.08 in Q4 2024, while the trailing twelve-month figure through Dec 2024 was 0.08 (changed N/A YoY) and the FY2024 annual result came in at 0.08, changed N/A from the prior year.
Debt Ratio was 0.08 for Q4 2024 at Globus Medical, down from 0.09 in the prior quarter.
Across five years, Debt Ratio topped out at 0.09 in Q2 2024 and bottomed at 0.08 in Q4 2024.

Peer Comparison

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Abbott Laboratories	201.40 Bn	194.75 Bn	6.27 Bn	0.31
2	Stryker	122.29 Bn	119.41 Bn	3.81 Bn	0.32
3	Medtronic	105.01 Bn	96.40 Bn	6.41 Bn	0.30
4	Boston Scientific	64.81 Bn	63.59 Bn	3.61 Bn	0.25
5	Edwards Lifesciences	55.28 Bn	51.60 Bn	1.29 Bn	0.04
6	Dexcom	29.06 Bn	27.94 Bn	750.30 Mn	-
7	Koninklijke Philips	29.02 Bn	25.93 Bn	2.07 Bn	0.30
8	GE HealthCare Technologies	28.27 Bn	26.20 Bn	1.98 Bn	0.27
9	Smith & Nephew	25.80 Bn	25.22 Bn	-	0.30
10	Globus Medical	10.21 Bn	9.58 Bn	525.79 Mn	-

Historic Data

Download Data

Date	Value
Dec 31, 2024	0.08
Sep 30, 2024	0.09
Jun 30, 2024	0.09
Mar 31, 2024	0.09