Merck Balance Sheet Health
Financial Health criteria checks 4/6
Merck has a total shareholder equity of $40.4B and total debt of $34.2B, which brings its debt-to-equity ratio to 84.7%. Its total assets and total liabilities are $105.8B and $65.4B respectively. Merck's EBIT is $17.5B making its interest coverage ratio 19.9. It has cash and short-term investments of $5.6B.
Key information
84.7%
Debt to equity ratio
US$34.22b
Debt
| Interest coverage ratio | 19.9x |
| Cash | US$5.62b |
| Equity | US$40.42b |
| Total liabilities | US$65.43b |
| Total assets | US$105.85b |
Recent financial health updates
Recent updates
Merck Stock: Still Discounted To Graham P/E
May 29Merck & Co., Inc.'s (NYSE:MRK) CEO Compensation Looks Acceptable To Us And Here's Why
May 22
Merck Q1: There's Still Room For Growth
May 06Merck Earnings Preview: Not Much To Fear, Plenty To Look Forward To
Apr 17We Think Merck (NYSE:MRK) Can Stay On Top Of Its Debt
Apr 09Merck: Better Times Ahead On Approvals And Outlook
Apr 02Merck's Future Brightens With Winrevair's Blockbuster Potential
Mar 27Merck: A High-Conviction Investment For Long-Term Growth
Feb 29Merck: Big Pharma Looks Stronger Than Ever Ahead Of 2023 Earnings
Jan 29Is Merck & Co., Inc. (NYSE:MRK) Trading At A 47% Discount?
Jan 26Financial Position Analysis
Short Term Liabilities: MRK's short term assets ($31.4B) exceed its short term liabilities ($25.1B).
Long Term Liabilities: MRK's short term assets ($31.4B) do not cover its long term liabilities ($40.3B).
Debt to Equity History and Analysis
Debt Level: MRK's net debt to equity ratio (70.8%) is considered high.
Reducing Debt: MRK's debt to equity ratio has reduced from 93.8% to 84.7% over the past 5 years.
Debt Coverage: MRK's debt is well covered by operating cash flow (43.1%).
Interest Coverage: MRK's interest payments on its debt are well covered by EBIT (19.9x coverage).