Globus Medical Inc financial data

Symbol
GMED on NYSE
Industry
Surgical & Medical Instruments & Apparatus
Location
2560 General Armistead Avenue, Audubon, Pennsylvania
State of incorporation
Delaware
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 390 % -37.7%
Quick Ratio 165 % -12.8%
Debt-to-equity 24.9 % +101%
Return On Equity 1.89 % -83%
Return On Assets 1.51 % -84.7%
Operating Margin 4.46 % -79.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 135 M shares +34.6%
Entity Public Float 4.6 B USD +6.98%
Weighted Average Number of Shares Outstanding, Basic 135 M shares +35%
Weighted Average Number of Shares Outstanding, Diluted 135 M shares +32.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.9 B USD +77.6%
Research and Development Expense 160 M USD +109%
Operating Income (Loss) 84.7 M USD -64.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 93.6 M USD -63.6%
Income Tax Expense (Benefit) 27 M USD -51.8%
Net Income (Loss) Attributable to Parent 66.6 M USD -66.9%
Earnings Per Share, Basic 0.55 USD/shares -72.6%
Earnings Per Share, Diluted 0.54 USD/shares -72.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Marketable Securities, Current 80.4 M USD -72%
Accounts Receivable, after Allowance for Credit Loss, Current 534 M USD +140%
Inventory, Net 816 M USD +154%
Assets, Current 1.83 B USD +70.8%
Deferred Income Tax Assets, Net 11 M USD -78.5%
Property, Plant and Equipment, Net 579 M USD +136%
Operating Lease, Right-of-Use Asset 56.3 M USD
Intangible Assets, Net (Excluding Goodwill) 888 M USD +1401%
Goodwill 1.45 B USD +630%
Other Assets, Noncurrent 78.2 M USD +73.9%
Assets 4.94 B USD +130%
Accounts Payable, Current 50.5 M USD +26.7%
Employee-related Liabilities, Current 110 M USD +158%
Accrued Liabilities, Current 210 M USD +150%
Liabilities, Current 786 M USD +369%
Deferred Income Tax Liabilities, Net 40 M USD +2818%
Operating Lease, Liability, Noncurrent 89.8 M USD
Other Liabilities, Noncurrent 23.5 M USD +75.4%
Liabilities 1.02 B USD +335%
Accumulated Other Comprehensive Income (Loss), Net of Tax -11 M USD +43.1%
Retained Earnings (Accumulated Deficit) 1.05 B USD -18.8%
Stockholders' Equity Attributable to Parent 3.92 B USD +105%
Liabilities and Equity 4.94 B USD +130%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 52.4 M USD -1.74%
Net Cash Provided by (Used in) Financing Activities -116 M USD -4036%
Net Cash Provided by (Used in) Investing Activities -46.6 M USD -524%
Common Stock, Shares Authorized 775 M shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -113 M USD -268%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 354 M USD +62.6%
Deferred Tax Assets, Valuation Allowance 191 M USD +3376%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 399 M USD +314%
Operating Lease, Liability 102 M USD
Depreciation 106 M USD +105%
Payments to Acquire Property, Plant, and Equipment 28.6 M USD +78.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 75 M USD -62.3%
Lessee, Operating Lease, Liability, to be Paid 142 M USD
Property, Plant and Equipment, Gross 1.03 B USD +71.3%
Operating Lease, Liability, Current 11.7 M USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 13.9 M USD
Lessee, Operating Lease, Liability, to be Paid, Year One 15.4 M USD
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure +143%
Deferred Income Tax Expense (Benefit) -58.2 M USD -161%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 40.3 M USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 12.9 M USD
Deferred Federal Income Tax Expense (Benefit) -46.2 M USD -181%
Current Income Tax Expense (Benefit) 101 M USD +34%
Unrecognized Tax Benefits 33.8 M USD +3324%
Lessee, Operating Lease, Liability, to be Paid, Year Four 11.4 M USD
Operating Lease, Payments 4.76 M USD +611%
Additional Paid in Capital 2.89 B USD +347%
Current State and Local Tax Expense (Benefit) 15.2 M USD +22.4%
Current Federal Tax Expense (Benefit) 81.5 M USD +33.8%
Amortization of Intangible Assets 76.1 M USD +327%
Depreciation, Depletion and Amortization 55.3 M USD +205%
Deferred Tax Assets, Net of Valuation Allowance 208 M USD +129%
Share-based Payment Arrangement, Expense 47.3 M USD +40.7%
Deferred State and Local Income Tax Expense (Benefit) -6.42 M USD -104%