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 ratio | 122x |
Cash | €2.82b |
Equity | €28.62b |
Total liabilities | €21.26b |
Total assets | €49.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRCK's short term assets (€13.0B) exceed its short term liabilities (€9.9B).
Long Term Liabilities: MRCK's short term assets (€13.0B) exceed its long term liabilities (€11.3B).
Debt to Equity History and Analysis
Debt Level: MRCK's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: MRCK's debt to equity ratio has reduced from 62.6% to 35.3% over the past 5 years.
Debt Coverage: MRCK's debt is well covered by operating cash flow (41.6%).
Interest Coverage: MRCK's interest payments on its debt are well covered by EBIT (122x coverage).