Merck KGaA Balance Sheet Health

Financial Health criteria checks 6/6

Merck KGaA has a total shareholder equity of €28.6B and total debt of €10.1B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are €49.9B and €21.3B respectively. Merck KGaA's EBIT is €3.4B making its interest coverage ratio 122. It has cash and short-term investments of €2.8B.

Key information

35.3%

Debt to equity ratio

€10.11b

Debt

Interest coverage ratio122x
Cash€2.82b
Equity€28.62b
Total liabilities€21.26b
Total assets€49.88b

Recent financial health updates

Recent updates

Some Shareholders Feeling Restless Over Merck KGaA's (ETR:MRK) P/E Ratio

Oct 18
Some Shareholders Feeling Restless Over Merck KGaA's (ETR:MRK) P/E Ratio

Is There An Opportunity With Merck KGaA's (ETR:MRK) 44% Undervaluation?

Sep 05
Is There An Opportunity With Merck KGaA's (ETR:MRK) 44% Undervaluation?

Here's Why Merck KGaA (ETR:MRK) Can Manage Its Debt Responsibly

Jul 24
Here's Why Merck KGaA (ETR:MRK) Can Manage Its Debt Responsibly

Some Confidence Is Lacking In Merck KGaA's (ETR:MRK) P/E

Jul 03
Some Confidence Is Lacking In Merck KGaA's (ETR:MRK) P/E

Merck KGaA's (ETR:MRK) Intrinsic Value Is Potentially 48% Above Its Share Price

May 22
Merck KGaA's (ETR:MRK) Intrinsic Value Is Potentially 48% Above Its Share Price

Merck KGaA (ETR:MRK) Will Pay A Dividend Of €2.20

Apr 26
Merck KGaA (ETR:MRK) Will Pay A Dividend Of €2.20

Merck KGaA (ETR:MRK) Is Paying Out A Dividend Of €2.20

Apr 04
Merck KGaA (ETR:MRK) Is Paying Out A Dividend Of €2.20

Merck KGaA (ETR:MRK) Has Affirmed Its Dividend Of €2.20

Mar 18
Merck KGaA (ETR:MRK) Has Affirmed Its Dividend Of €2.20

We Think Merck KGaA (ETR:MRK) Can Stay On Top Of Its Debt

Feb 07
We Think Merck KGaA (ETR:MRK) Can Stay On Top Of Its Debt

There's Reason For Concern Over Merck KGaA's (ETR:MRK) Price

Jan 17
There's Reason For Concern Over Merck KGaA's (ETR:MRK) Price

Merck KGaA's (ETR:MRK) Intrinsic Value Is Potentially 77% Above Its Share Price

Dec 27
Merck KGaA's (ETR:MRK) Intrinsic Value Is Potentially 77% Above Its Share Price

Does Merck KGaA (ETR:MRK) Have A Healthy Balance Sheet?

Oct 10
Does Merck KGaA (ETR:MRK) Have A Healthy Balance Sheet?

Is There An Opportunity With Merck KGaA's (ETR:MRK) 49% Undervaluation?

Sep 13
Is There An Opportunity With Merck KGaA's (ETR:MRK) 49% Undervaluation?

Is Merck KGaA (ETR:MRK) A Risky Investment?

Jun 30
Is Merck KGaA (ETR:MRK) A Risky Investment?

Are Investors Undervaluing Merck KGaA (ETR:MRK) By 36%?

Jun 09
Are Investors Undervaluing Merck KGaA (ETR:MRK) By 36%?

These 4 Measures Indicate That MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Is Using Debt Reasonably Well

Mar 26
These 4 Measures Indicate That MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Is Using Debt Reasonably Well

MERCK Kommanditgesellschaft auf Aktien's (ETR:MRK) Dividend Will Be Increased To €2.20

Mar 05
MERCK Kommanditgesellschaft auf Aktien's (ETR:MRK) Dividend Will Be Increased To €2.20

Estimating The Intrinsic Value Of MERCK Kommanditgesellschaft auf Aktien (ETR:MRK)

Feb 14
Estimating The Intrinsic Value Of MERCK Kommanditgesellschaft auf Aktien (ETR:MRK)

We Think MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Can Stay On Top Of Its Debt

Dec 12
We Think MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Can Stay On Top Of Its Debt

Is MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Trading At A 50% Discount?

Nov 09
Is MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Trading At A 50% Discount?

Does MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Have A Healthy Balance Sheet?

Aug 15
Does MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Have A Healthy Balance Sheet?

Does MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Have A Healthy Balance Sheet?

May 17
Does MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Have A Healthy Balance Sheet?

MERCK Kommanditgesellschaft auf Aktien's (ETR:MRK) Dividend Will Be Increased To €1.85

Mar 29
MERCK Kommanditgesellschaft auf Aktien's (ETR:MRK) Dividend Will Be Increased To €1.85

Is MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) A Risky Investment?

Jan 13
Is MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) A Risky Investment?

We Think MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Can Manage Its Debt With Ease

Oct 15
We Think MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Can Manage Its Debt With Ease

A Look At The Intrinsic Value Of MERCK Kommanditgesellschaft auf Aktien (ETR:MRK)

Sep 19
A Look At The Intrinsic Value Of MERCK Kommanditgesellschaft auf Aktien (ETR:MRK)

MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Seems To Use Debt Quite Sensibly

Jul 11
MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Seems To Use Debt Quite Sensibly

Financial Position Analysis

Short Term Liabilities: MRK's short term assets (€13.0B) exceed its short term liabilities (€9.9B).

Long Term Liabilities: MRK's short term assets (€13.0B) exceed its long term liabilities (€11.3B).


Debt to Equity History and Analysis

Debt Level: MRK's net debt to equity ratio (25.5%) is considered satisfactory.

Reducing Debt: MRK's debt to equity ratio has reduced from 62.6% to 35.3% over the past 5 years.

Debt Coverage: MRK's debt is well covered by operating cash flow (41.6%).

Interest Coverage: MRK's interest payments on its debt are well covered by EBIT (122x coverage).


Balance Sheet


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