Merck Balance Sheet Health
Financial Health criteria checks 3/6
Merck has a total shareholder equity of $43.3B and total debt of $31.7B, which brings its debt-to-equity ratio to 73.1%. Its total assets and total liabilities are $107.1B and $63.8B respectively. Merck's EBIT is $20.0B making its interest coverage ratio 23.5. It has cash and short-term investments of $10.1B.
Key information
73.1%
Debt to equity ratio
US$31.66b
Debt
Interest coverage ratio | 23.5x |
Cash | US$10.13b |
Equity | US$43.32b |
Total liabilities | US$63.78b |
Total assets | US$107.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6MK's short term assets ($32.1B) exceed its short term liabilities ($23.2B).
Long Term Liabilities: 6MK's short term assets ($32.1B) do not cover its long term liabilities ($40.6B).
Debt to Equity History and Analysis
Debt Level: 6MK's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: 6MK's debt to equity ratio has increased from 62.8% to 73.1% over the past 5 years.
Debt Coverage: 6MK's debt is well covered by operating cash flow (59.7%).
Interest Coverage: 6MK's interest payments on its debt are well covered by EBIT (23.5x coverage).