Merck Balance Sheet Health
Financial Health criteria checks 3/6
Merck has a total shareholder equity of $37.6B and total debt of $36.3B, which brings its debt-to-equity ratio to 96.4%. Its total assets and total liabilities are $106.7B and $69.0B respectively. Merck's EBIT is $6.7B making its interest coverage ratio 7.6. It has cash and short-term investments of $7.1B.
Key information
96.4%
Debt to equity ratio
US$36.27b
Debt
Interest coverage ratio | 7.6x |
Cash | US$7.09b |
Equity | US$37.64b |
Total liabilities | US$69.04b |
Total assets | US$106.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6MK's short term assets ($32.2B) exceed its short term liabilities ($25.7B).
Long Term Liabilities: 6MK's short term assets ($32.2B) do not cover its long term liabilities ($43.3B).
Debt to Equity History and Analysis
Debt Level: 6MK's net debt to equity ratio (77.5%) is considered high.
Reducing Debt: 6MK's debt to equity ratio has increased from 93.8% to 96.4% over the past 5 years.
Debt Coverage: 6MK's debt is well covered by operating cash flow (35.9%).
Interest Coverage: 6MK's interest payments on its debt are well covered by EBIT (7.6x coverage).