What is CorMedix's interest coverage?

CorMedix (CRMD) reported interest coverage of 54× in Q4 2025.

What is the long-term trend for CorMedix's interest coverage?

Over 4 years (2020 to 2025), CorMedix's interest coverage has grown at a -49.3% compound annual growth rate (CAGR), from -819.3× to 54×.

What does interest coverage mean?

Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.

CorMedix CRMD Interest coverage

Interest coverage at other companies

Merit Medical SystemsMMSI

7.1×+1.7×

ITG

Integer HoldingsITGR

5.3×+1.5×

IAR

Integra LifeSciencesIART

-5.4×-5.6×

Emergent BiosolutionsEBS

2×+1.3×

AbbottABT

14.4×+1.4×

Mirum Pharmaceuticals, Inc.MIRM

-55.3×-61.9×

Other financials

Income statement

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Revenue$127.4M+226%

Gross profit$115.4M+207%

Operating income$63.7M+216%

Net income$38.6M+87.0%

EPS (diluted)$0.43+43.3%

Balance sheet

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Cash & equivalents$179.1M+170%

Total debt$4.3M+729%

Total equity$437.0M+280%

Total assets$815.6M+445%

Cash flow

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Operating cash flow$42.4M+115%

CapEx$729.0K+7,190%

Free cash flow$41.7M+111%

Valuation

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Market cap$605.65M-34.4%

P/E3.4×—

P/S1.5×-9.6×

Profitability

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Gross margin91.9%-3.5pp

Operating margin48.4%—

Net margin45.2%—

FCF margin48.7%+38.8pp

Returns & leverage

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Return on equity65.6%—

Debt / equity0×0.0×

Current ratio3×-1.2×

Where this comes from

Calculated from CorMedix’s reported figures.

ebit/interest expense=54×

Based on trailing twelve months.

The official record: CorMedix’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CorMedix's interest coverage?: CorMedix (CRMD) reported interest coverage of 54× in Q4 2025.
What is the long-term trend for CorMedix's interest coverage?: Over 4 years (2020 to 2025), CorMedix's interest coverage has grown at a -49.3% compound annual growth rate (CAGR), from -819.3× to 54×.
What does interest coverage mean?: Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.