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
Here's Why Merck KGaA (ETR:MRK) Can Manage Its Debt Responsibly
Jul 24
We Think Merck KGaA (ETR:MRK) Can Stay On Top Of Its Debt
Feb 07Does 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 12Recent updates
Is 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 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 21Financial Position Analysis
Short Term Liabilities: MRK's short term assets (€13.0B) exceed its short term liabilities (€9.9B).
Long Term Liabilities: MRK's short term assets (€13.0B) exceed its long term liabilities (€11.3B).
Debt to Equity History and Analysis
Debt Level: MRK's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: MRK's debt to equity ratio has reduced from 62.6% to 35.3% over the past 5 years.
Debt Coverage: MRK's debt is well covered by operating cash flow (41.6%).
Interest Coverage: MRK's interest payments on its debt are well covered by EBIT (122x coverage).