Tactile Systems Technology (TCMD) Debt Ratio (2021 - 2025)
Tactile Systems Technology (TCMD) posted quarterly Debt Ratio of 0.08 for Q2 2025, down 10.12% year-over-year from 0.09 in Q2 2024, and down 0.73% quarter-over-quarter from 0.08 in Q1 2025.
Tactile Systems Technology (TCMD) Debt Ratio (2021 - 2025) Analysis & Trends
Tactile Systems Technology (TCMD) has reported Debt Ratio for 5 consecutive years, with 0.08 the latest figure, recorded in Q2 2025.
- In Q2 2025, Debt Ratio fell 10.12% year-over-year to 0.08; the TTM figure through Jun 2025 stood at 0.08 (down 10.12% YoY), while the FY2024 annual figure was 0.08, down 16.2% from the prior year.
- Debt Ratio eased to 0.08 in Q2 2025 per TCMD's latest filing, from 0.08 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.11 in Q3 2021 and bottomed at 0.06 in Q3 2023.
- Historically, Debt Ratio has averaged 0.09 across 5 years, with a median of 0.09 in 2024.
- Annual changes were most pronounced in 2023 — Debt Ratio plunged 41.49% — and 2024, when it surged 46.45%.
- Tactile Systems Technology's Debt Ratio stood at 0.11 in 2021, then decreased by 25.38% to 0.08 in 2022, then advanced by 13.05% to 0.09 in 2023, then retreated by 16.2% to 0.08 in 2024, then rose by 2.17% to 0.08 in 2025.
- Business Quant data shows TCMD's Debt Ratio at 0.08 in Q2 2025, 0.08 in Q1 2025, and 0.08 in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 198.70 Bn | 193.10 Bn | 7.27 Bn | 0.30 |
| 2 | Stryker | 125.85 Bn | 122.37 Bn | 4.50 Bn | 0.31 |
| 3 | Medtronic | 118.44 Bn | 109.22 Bn | 6.41 Bn | 0.30 |
| 4 | Boston Scientific | 72.64 Bn | 72.10 Bn | 3.85 Bn | 0.28 |
| 5 | Edwards Lifesciences | 51.94 Bn | 47.69 Bn | 1.35 Bn | 0.04 |
| 6 | Dexcom | 34.48 Bn | 32.53 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 33.60 Bn | 31.49 Bn | 2.18 Bn | 0.27 |
| 8 | Koninklijke Philips | 26.30 Bn | 22.98 Bn | 4.55 Bn | 0.28 |
| 9 | Steris | 23.00 Bn | 22.52 Bn | 684.20 Mn | 0.18 |
| 10 | Tactile Systems Technology | 532.45 Mn | 447.67 Mn | 65.35 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 0.08 |
| Mar 31, 2025 | 0.08 |
| Dec 31, 2024 | 0.08 |
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.09 |
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.09 |
| Sep 30, 2023 | 0.06 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.09 |
| Dec 31, 2022 | 0.08 |
| Sep 30, 2022 | 0.09 |
| Jun 30, 2022 | 0.10 |
| Mar 31, 2022 | 0.10 |
| Dec 31, 2021 | 0.11 |
| Sep 30, 2021 | 0.11 |