Surmodics, Inc.
Company Overview
Surmodics, Inc. is a healthcare company that provides surface modification and in vitro diagnostic technologies to the healthcare industry. The company develops and manufactures medical device and diagnostic test technologies primarily for the treatment of vascular diseases and conditions. Their main business segments include Medical Device and In Vitro Diagnostics.
The company's core technologies include drug-delivery and surface modification coating technologies that provide various benefits to medical devices, including improved lubricity, biocompatibility, and drug delivery capabilities.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| June 30, 2024 | $30.34m | $36.59m | - | $879000.0 | 0.00% | 2.40% |
| March 31, 2024 | $31.96m | $32.18m | - | $881000.0 | 0.00% | 2.74% |
| Sept. 30, 2023 | $27.97m | $31.32m | - | $895000.0 | 0.00% | 2.86% |
Company Impact
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