Merit Medical Systems Balance Sheet Health
Financial Health criteria checks 5/6
Merit Medical Systems has a total shareholder equity of $1.2B and total debt of $800.1M, which brings its debt-to-equity ratio to 64.5%. Its total assets and total liabilities are $2.3B and $1.1B respectively. Merit Medical Systems's EBIT is $136.4M making its interest coverage ratio 11.4. It has cash and short-term investments of $583.1M.
Key information
64.5%
Debt to equity ratio
US$800.14m
Debt
Interest coverage ratio | 11.4x |
Cash | US$583.07m |
Equity | US$1.24b |
Total liabilities | US$1.09b |
Total assets | US$2.33b |
Recent financial health updates
Is Merit Medical Systems (NASDAQ:MMSI) Using Too Much Debt?
Apr 30These 4 Measures Indicate That Merit Medical Systems (NASDAQ:MMSI) Is Using Debt Safely
Nov 21Is Merit Medical Systems (NASDAQ:MMSI) A Risky Investment?
Jul 17We Think Merit Medical Systems (NASDAQ:MMSI) Can Manage Its Debt With Ease
Apr 16Merit Medical Systems (NASDAQ:MMSI) Seems To Use Debt Rather Sparingly
Dec 29Merit Medical Systems (NASDAQ:MMSI) Seems To Use Debt Rather Sparingly
Sep 16Recent updates
Merit Medical Systems (NASDAQ:MMSI) Is Doing The Right Things To Multiply Its Share Price
May 23It Looks Like Shareholders Would Probably Approve Merit Medical Systems, Inc.'s (NASDAQ:MMSI) CEO Compensation Package
May 09Results: Merit Medical Systems, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
May 03Is Merit Medical Systems (NASDAQ:MMSI) Using Too Much Debt?
Apr 30Merit Medical Systems, Inc. (NASDAQ:MMSI) Not Lagging Market On Growth Or Pricing
Apr 16When Should You Buy Merit Medical Systems, Inc. (NASDAQ:MMSI)?
Apr 02Merit Medical Systems: Solid Performer, Fully Valued
Mar 03Analyst Estimates: Here's What Brokers Think Of Merit Medical Systems, Inc. (NASDAQ:MMSI) After Its Full-Year Report
Mar 02We Ran A Stock Scan For Earnings Growth And Merit Medical Systems (NASDAQ:MMSI) Passed With Ease
Feb 05The Returns At Merit Medical Systems (NASDAQ:MMSI) Aren't Growing
Jan 23What You Can Learn From Merit Medical Systems, Inc.'s (NASDAQ:MMSI) P/E
Dec 18These 4 Measures Indicate That Merit Medical Systems (NASDAQ:MMSI) Is Using Debt Safely
Nov 21What Is Merit Medical Systems, Inc.'s (NASDAQ:MMSI) Share Price Doing?
Nov 06Estimating The Fair Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)
Oct 23Does Merit Medical Systems (NASDAQ:MMSI) Deserve A Spot On Your Watchlist?
Sep 11Return Trends At Merit Medical Systems (NASDAQ:MMSI) Aren't Appealing
Aug 13Is Now An Opportune Moment To Examine Merit Medical Systems, Inc. (NASDAQ:MMSI)?
Jul 31Is Merit Medical Systems (NASDAQ:MMSI) A Risky Investment?
Jul 17Is Now The Time To Put Merit Medical Systems (NASDAQ:MMSI) On Your Watchlist?
Jun 07Is It Time To Consider Buying Merit Medical Systems, Inc. (NASDAQ:MMSI)?
May 01We Think Merit Medical Systems (NASDAQ:MMSI) Can Manage Its Debt With Ease
Apr 16Returns On Capital At Merit Medical Systems (NASDAQ:MMSI) Have Hit The Brakes
Apr 02Is Now The Time To Put Merit Medical Systems (NASDAQ:MMSI) On Your Watchlist?
Mar 01Merit Medical Systems, Inc.'s (NASDAQ:MMSI) Intrinsic Value Is Potentially 24% Below Its Share Price
Feb 01Is Now The Time To Look At Buying Merit Medical Systems, Inc. (NASDAQ:MMSI)?
Jan 12Merit Medical Systems (NASDAQ:MMSI) Seems To Use Debt Rather Sparingly
Dec 29Here's Why We Think Merit Medical Systems (NASDAQ:MMSI) Is Well Worth Watching
Nov 23A Look At The Intrinsic Value Of Merit Medical Systems, Inc. (NASDAQ:MMSI)
Oct 23At US$56.45, Is It Time To Put Merit Medical Systems, Inc. (NASDAQ:MMSI) On Your Watch List?
Oct 11Merit Medical Systems (NASDAQ:MMSI) Might Have The Makings Of A Multi-Bagger
Sep 28Merit Medical Systems (NASDAQ:MMSI) Seems To Use Debt Rather Sparingly
Sep 16Merit Medical: No Change To Hold Thesis, ROIC Still One To Watch
Sep 09Should You Be Adding Merit Medical Systems (NASDAQ:MMSI) To Your Watchlist Today?
Aug 10Financial Position Analysis
Short Term Liabilities: MMSI's short term assets ($1.1B) exceed its short term liabilities ($183.3M).
Long Term Liabilities: MMSI's short term assets ($1.1B) exceed its long term liabilities ($902.8M).
Debt to Equity History and Analysis
Debt Level: MMSI's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: MMSI's debt to equity ratio has increased from 40.9% to 64.5% over the past 5 years.
Debt Coverage: MMSI's debt is well covered by operating cash flow (20.8%).
Interest Coverage: MMSI's interest payments on its debt are well covered by EBIT (11.4x coverage).