Merck KGaA Balance Sheet Health
Financial Health criteria checks 6/6
Merck KGaA has a total shareholder equity of €28.4B and total debt of €10.7B, which brings its debt-to-equity ratio to 37.8%. Its total assets and total liabilities are €50.1B and €21.7B respectively. Merck KGaA's EBIT is €3.5B making its interest coverage ratio 95.4. It has cash and short-term investments of €3.9B.
Key information
37.8%
Debt to equity ratio
€10.74b
Debt
| Interest coverage ratio | 95.4x |
| Cash | €3.86b |
| Equity | €28.39b |
| Total liabilities | €21.75b |
| Total assets | €50.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRCK's short term assets (€13.9B) exceed its short term liabilities (€10.5B).
Long Term Liabilities: MRCK's short term assets (€13.9B) exceed its long term liabilities (€11.3B).
Debt to Equity History and Analysis
Debt Level: MRCK's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: MRCK's debt to equity ratio has reduced from 69% to 37.8% over the past 5 years.
Debt Coverage: MRCK's debt is well covered by operating cash flow (41%).
Interest Coverage: MRCK's interest payments on its debt are well covered by EBIT (95.4x coverage).