Merck Balance Sheet Health
Financial Health criteria checks 4/6
Merck has a total shareholder equity of $40.4B and total debt of $34.2B, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are $105.8B and $65.4B respectively. Merck's EBIT is $17.5B making its interest coverage ratio 19.9. It has cash and short-term investments of $5.6B.
Key information
84.7%
Debt to equity ratio
US$34.22b
Debt
Interest coverage ratio | 19.9x |
Cash | US$5.62b |
Equity | US$40.42b |
Total liabilities | US$65.43b |
Total assets | US$105.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRKD's short term assets ($31.4B) exceed its short term liabilities ($25.1B).
Long Term Liabilities: MRKD's short term assets ($31.4B) do not cover its long term liabilities ($40.3B).
Debt to Equity History and Analysis
Debt Level: MRKD's net debt to equity ratio (70.8%) is considered high.
Reducing Debt: MRKD's debt to equity ratio has reduced from 93.8% to 84.7% over the past 5 years.
Debt Coverage: MRKD's debt is well covered by operating cash flow (43.1%).
Interest Coverage: MRKD's interest payments on its debt are well covered by EBIT (19.9x coverage).