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
We Think Merck KGaA (ETR:MRK) Can Stay On Top Of Its Debt
Dec 16
Here's Why Merck KGaA (ETR:MRK) Can Manage Its Debt Responsibly
Jul 24We Think Merck KGaA (ETR:MRK) Can Stay On Top Of Its Debt
Feb 07Recent updates
We Think Merck KGaA (ETR:MRK) Can Stay On Top Of Its Debt
Dec 16Some Shareholders Feeling Restless Over Merck KGaA's (ETR:MRK) P/E Ratio
Oct 18Is There An Opportunity With Merck KGaA's (ETR:MRK) 44% Undervaluation?
Sep 05Here's Why Merck KGaA (ETR:MRK) Can Manage Its Debt Responsibly
Jul 24Some Confidence Is Lacking In Merck KGaA's (ETR:MRK) P/E
Jul 03Merck KGaA's (ETR:MRK) Intrinsic Value Is Potentially 48% Above Its Share Price
May 22Merck KGaA (ETR:MRK) Will Pay A Dividend Of €2.20
Apr 26Merck KGaA (ETR:MRK) Is Paying Out A Dividend Of €2.20
Apr 04Merck KGaA (ETR:MRK) Has Affirmed Its Dividend Of €2.20
Mar 18We Think Merck KGaA (ETR:MRK) Can Stay On Top Of Its Debt
Feb 07There's Reason For Concern Over Merck KGaA's (ETR:MRK) Price
Jan 17Merck KGaA's (ETR:MRK) Intrinsic Value Is Potentially 77% Above Its Share Price
Dec 27Financial Position Analysis
Short Term Liabilities: MRK's short term assets (€13.9B) exceed its short term liabilities (€10.5B).
Long Term Liabilities: MRK's short term assets (€13.9B) exceed its long term liabilities (€11.3B).
Debt to Equity History and Analysis
Debt Level: MRK's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: MRK's debt to equity ratio has reduced from 69% to 37.8% over the past 5 years.
Debt Coverage: MRK's debt is well covered by operating cash flow (41%).
Interest Coverage: MRK's interest payments on its debt are well covered by EBIT (95.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 09:22 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Merck KGaA is covered by 61 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Martin Schnee | AlphaValue |
| Gerhard Schwarz | Baader Helvea Equity Research |
| Odile Rundquist | Baader Helvea Equity Research |