Merit Medical Systems Financial Health
How is Merit Medical Systems's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: MMSI's short term assets ($499.9M) exceed its short term liabilities ($213.0M).
Long Term Liabilities: MMSI's short term assets ($499.9M) exceed its long term liabilities ($330.9M).
Debt to Equity History and Analysis
Debt Level: MMSI's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: MMSI's debt to equity ratio has reduced from 41.7% to 19.9% over the past 5 years.
Debt Coverage: MMSI's debt is well covered by operating cash flow (61%).
Interest Coverage: MMSI's interest payments on its debt are well covered by EBIT (24.7x coverage).