Merit Medical Systems Financial Health

How is Merit Medical Systems's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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).


Balance Sheet


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