Tactile Systems Technology (TCMD) Debt Ratio (2021 - 2025)
Tactile Systems Technology's Debt Ratio was 0.09 in Q2 2025, down 8.8% from 0.10 a year earlier and down 0.3% from the prior quarter.
Analysis
Tactile Systems Technology (TCMD) Debt Ratio (2021 - 2025) Analysis & Trends
From Q3 2021 onward, Tactile Systems Technology has reported Debt Ratio for 16 quarters.
- Debt Ratio has now declined for three consecutive years.
- In earlier years, Debt Ratio was 0.10 in FY2023 (-5.3%), 0.11 in FY2022 (-10.6%) and 0.12 in FY2021.
- Quarterly Debt Ratio has moved between 0.09 (Q4 2024) and 0.12 (Q4 2021) over five years.
- Compared with a year earlier, Debt Ratio has declined for five straight quarters, with an average decline of 7.4% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q1 2024 (growth of 3.1%); the worst was Q1 2023 (a decline of 15.3%).
- Per Business Quant data, TCMD's Debt Ratio in the three quarters before Q2 2025 was 0.09 (Q1 2025), 0.09 (Q4 2024) and 0.09 (Q3 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 0.38 |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 0.30 |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | - |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 0.30 |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 0.31 |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 0.28 |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 0.04 |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 0.33 |
| 10 | Tactile Systems Technology | 511.46 Mn | 217.20 Mn | 65.35 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 0.09 |
| Mar 31, 2025 | 0.09 |
| Dec 31, 2024 | 0.09 |
| Sep 30, 2024 | 0.09 |
| Jun 30, 2024 | 0.10 |
| Mar 31, 2024 | 0.10 |
| Dec 31, 2023 | 0.10 |
| Sep 30, 2023 | 0.10 |
| Jun 30, 2023 | 0.10 |
| Mar 31, 2023 | 0.10 |
| Dec 31, 2022 | 0.11 |
| Sep 30, 2022 | 0.11 |
| Jun 30, 2022 | 0.12 |
| Mar 31, 2022 | 0.12 |
| Dec 31, 2021 | 0.12 |
| Sep 30, 2021 | 0.12 |
API Access
Tactile Systems Technology Debt 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=debt-ratio&ticker=TCMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "TCMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=TCMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();