Resmed (RMD) Interest Coverage Ratio (2016 - 2022)
Resmed's (RMD) Interest Coverage Ratio came in at 42.89 for fiscal Q3 2022 (quarter ended Mar 31, 2022), up 11.8% from 38.37 a year earlier and up 2.6% from the prior quarter.
Resmed (RMD) Interest Coverage Ratio (2016 - 2022) Analysis & Trends
For the trailing twelve months through Mar 31, 2022, Interest Coverage Ratio at Resmed was 44.01, up 36.9% year-over-year; for FY2021 (ended Jun 30, 2021), it was 37.67, up 87.9% from FY2020.
- In prior fiscal years, Resmed's Interest Coverage Ratio was 20.05 in FY2020 (+25.2%), 16.02 in FY2019 (-16.2%), 19.11 in FY2018 (+26.7%) and 15.08 in FY2017 (-60.6%).
- Quarterly Interest Coverage Ratio has run from a low of 9.65 in fiscal Q4 2019 to a high of 48.86 in fiscal Q1 2022 over five years.
- On a year-over-year basis, Interest Coverage Ratio has increased in each of the last nine quarters, with growth averaging 72.6% over the last eight quarters.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was fiscal Q1 2019, with growth of 168.8%; the weakest was fiscal Q4 2019, with a decline of 64.0%.
- According to Business Quant data, Interest Coverage Ratio for the three prior fiscal quarters was 41.81 (Q2 2022), 48.86 (Q1 2022) and 42.78 (Q4 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.80 Bn | 230.83 Bn | 4.88 Bn | 5.20 |
| 2 | Abbott Laboratories | 178.01 Bn | 148.44 Bn | 7.27 Bn | 4.82 |
| 3 | Danaher | 161.86 Bn | 145.67 Bn | 3.61 Bn | 10.53 |
| 4 | Intuitive Surgical | 154.73 Bn | 135.02 Bn | 2.08 Bn | - |
| 5 | Medtronic | 123.01 Bn | 88.27 Bn | 6.34 Bn | 9.48 |
| 6 | Stryker | 117.47 Bn | 103.59 Bn | 4.50 Bn | 11.77 |
| 7 | Boston Scientific | 67.41 Bn | 62.18 Bn | 3.85 Bn | 12.27 |
| 8 | Becton Dickinson | 54.77 Bn | 51.91 Bn | 2.32 Bn | 5.02 |
| 9 | Edwards Lifesciences | 51.69 Bn | 35.70 Bn | 1.35 Bn | - |
| 10 | Resmed | 36.72 Bn | 30.79 Bn | 861.22 Mn | - |
Historic 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 | 9.65 |
| 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 | 21.57 |
Resmed Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=RMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "RMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=RMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();