Merck KGaA Balance Sheet Health
Financial Health criteria checks 6/6
Merck KGaA has a total shareholder equity of €28.1B and total debt of €10.0B, which brings its debt-to-equity ratio to 35.5%. Its total assets and total liabilities are €49.5B and €21.4B respectively. Merck KGaA's EBIT is €3.6B making its interest coverage ratio 37. It has cash and short-term investments of €3.2B.
Key information
35.5%
Debt to equity ratio
€9.95b
Debt
Interest coverage ratio | 37x |
Cash | €3.16b |
Equity | €28.07b |
Total liabilities | €21.43b |
Total assets | €49.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0O14's short term assets (€12.8B) exceed its short term liabilities (€9.9B).
Long Term Liabilities: 0O14's short term assets (€12.8B) exceed its long term liabilities (€11.5B).
Debt to Equity History and Analysis
Debt Level: 0O14's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: 0O14's debt to equity ratio has reduced from 53.7% to 35.5% over the past 5 years.
Debt Coverage: 0O14's debt is well covered by operating cash flow (39.8%).
Interest Coverage: 0O14's interest payments on its debt are well covered by EBIT (37x coverage).