Resmed (RMD) Interest Coverage Ratio (2016 - 2022)
Resmed (RMD) reported Interest Coverage Ratio of 42.89 for Q1 2022, up 11.78% on a YoY basis from 38.37 in Q1 2021, and up 2.57% quarter-over-quarter from 41.81 in Q4 2021.
Resmed (RMD) Interest Coverage Ratio (2016 - 2022) Analysis & Trends
Resmed has reported Interest Coverage Ratio for 7 years, with the latest figure at 42.89 in Q1 2022.
- For the quarter ending Q1 2022, Interest Coverage Ratio rose 11.78% year-over-year to 42.89; the trailing twelve-month figure through Dec 2022 stood at 191.43 (up 346.93% YoY), and the FY2021 full-year result was 37.67, up 87.86% from the prior year.
- Interest Coverage Ratio for Q1 2022 stood at 42.89, up from 41.81 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 48.86 in Q3 2021, with the low at 27.83 in Q2 2019.
- Historically, Interest Coverage Ratio has averaged 26.79 across 5 years, with a median of 26.79 in 2018.
- Annual changes were most pronounced in 2018 — Interest Coverage Ratio surged 204.17% — and 2019, when it plunged 203.87%.
- Resmed's Interest Coverage Ratio stood at 20.98 in 2018, then retreated by 7.75% to 19.36 in 2019, then surged by 97.78% to 38.28 in 2020, then gained by 9.23% to 41.81 in 2021, then rose by 2.57% to 42.89 in 2022.
- The last three Interest Coverage Ratio figures came in at 42.89 (Q1 2022), 41.81 (Q4 2021), and 48.86 (Q3 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 148.09 Bn | 143.69 Bn | 1.83 Bn | - |
| 2 | Becton Dickinson | 41.00 Bn | 39.99 Bn | 2.15 Bn | 0.62 |
| 3 | Medline | 30.38 Bn | 36.22 Bn | 1.84 Bn | - |
| 4 | Resmed | 28.22 Bn | 26.56 Bn | 890.98 Mn | - |
| 5 | West Pharmaceutical Services | 23.72 Bn | 23.19 Bn | 296.40 Mn | 93.21 |
| 6 | Solventum | 13.33 Bn | 13.33 Bn | 1.10 Bn | - |
| 7 | Cooper Companies | 13.12 Bn | 12.99 Bn | 735.40 Mn | -1.48 |
| 8 | Align Technology | 12.86 Bn | 11.80 Bn | 736.59 Mn | - |
| 9 | Baxter International | 10.51 Bn | 8.47 Bn | 891.00 Mn | - |
| 10 | Aptargroup | 7.72 Bn | 7.52 Bn | 351.91 Mn | 6.34 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 42.89 |
| Dec 31, 2021 | 41.81 |
| Sep 30, 2021 | 48.86 |
| Jun 30, 2021 | 42.78 |
| Mar 31, 2021 | 38.37 |
| Dec 31, 2020 | 38.28 |
| Sep 30, 2020 | 32.25 |
| Jun 30, 2020 | 24.27 |
| Mar 31, 2020 | 21.82 |
| Dec 31, 2019 | 19.36 |
| Sep 30, 2019 | 15.57 |
| Jun 30, 2019 | -27.83 |
| Mar 31, 2019 | 12.65 |
| Dec 31, 2018 | 20.98 |
| Sep 30, 2018 | 38.87 |
| Jun 30, 2018 | 26.79 |
| Mar 31, 2018 | 17.67 |
| Dec 31, 2017 | 19.81 |
| Sep 30, 2017 | 14.46 |
| Jun 30, 2017 | -25.72 |