Merck KGaA Balance Sheet Health
Financial Health criteria checks 5/6
Merck KGaA has a total shareholder equity of €26.8B and total debt of €9.4B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are €48.5B and €21.7B respectively. Merck KGaA's EBIT is €3.7B making its interest coverage ratio 42. It has cash and short-term investments of €2.4B.
Key information
35.2%
Debt to equity ratio
€9.43b
Debt
| Interest coverage ratio | 42x |
| Cash | €2.41b |
| Equity | €26.76b |
| Total liabilities | €21.74b |
| Total assets | €48.50b |
Recent financial health updates
We Think Merck KGaA (ETR:MRK) Can Stay On Top Of Its Debt
Feb 07
Does Merck KGaA (ETR:MRK) Have A Healthy Balance Sheet?
Oct 10Is Merck KGaA (ETR:MRK) A Risky Investment?
Jun 30These 4 Measures Indicate That MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Is Using Debt Reasonably Well
Mar 26We Think MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Can Stay On Top Of Its Debt
Dec 12Does MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Have A Healthy Balance Sheet?
Aug 15Recent updates
Merck 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 27Does Merck KGaA (ETR:MRK) Have A Healthy Balance Sheet?
Oct 10Is There An Opportunity With Merck KGaA's (ETR:MRK) 49% Undervaluation?
Sep 13Is Merck KGaA (ETR:MRK) A Risky Investment?
Jun 30Are Investors Undervaluing Merck KGaA (ETR:MRK) By 36%?
Jun 09These 4 Measures Indicate That MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Is Using Debt Reasonably Well
Mar 26MERCK Kommanditgesellschaft auf Aktien's (ETR:MRK) Dividend Will Be Increased To €2.20
Mar 05Estimating The Intrinsic Value Of MERCK Kommanditgesellschaft auf Aktien (ETR:MRK)
Feb 14We Think MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Can Stay On Top Of Its Debt
Dec 12Is MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Trading At A 50% Discount?
Nov 09Does MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Have A Healthy Balance Sheet?
Aug 15Does MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Have A Healthy Balance Sheet?
May 17MERCK Kommanditgesellschaft auf Aktien's (ETR:MRK) Dividend Will Be Increased To €1.85
Mar 29Is MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) A Risky Investment?
Jan 13We Think MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Can Manage Its Debt With Ease
Oct 15A Look At The Intrinsic Value Of MERCK Kommanditgesellschaft auf Aktien (ETR:MRK)
Sep 19MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Seems To Use Debt Quite Sensibly
Jul 11MERCK Kommanditgesellschaft auf Aktien's (ETR:MRK) Intrinsic Value Is Potentially 58% Above Its Share Price
Jun 21These 4 Measures Indicate That MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Is Using Debt Reasonably Well
Apr 03Do Institutions Own MERCK Kommanditgesellschaft auf Aktien (ETR:MRK) Shares?
Mar 16Should Weakness in MERCK Kommanditgesellschaft auf Aktien's (ETR:MRK) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Mar 01Financial Position Analysis
Short Term Liabilities: MRK's short term assets (€12.4B) exceed its short term liabilities (€8.7B).
Long Term Liabilities: MRK's short term assets (€12.4B) do not cover its long term liabilities (€13.0B).
Debt to Equity History and Analysis
Debt Level: MRK's net debt to equity ratio (26.2%) is considered satisfactory.
Reducing Debt: MRK's debt to equity ratio has reduced from 51.6% to 35.2% over the past 5 years.
Debt Coverage: MRK's debt is well covered by operating cash flow (40.1%).
Interest Coverage: MRK's interest payments on its debt are well covered by EBIT (42x coverage).