Merit Medical Systems Balance Sheet
NASDAQ: MMSIHealth CareMedical/Dental InstrumentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Merit Medical Systems financial position
At the end of fiscal 2025, Merit Medical Systems reported total assets of $2.69 billion, up 11.1% from a year earlier against total liabilities of $1.10 billion. Shareholders' equity stood at $1.58 billion, or 59.0% of assets. The company held $446.4 million in cash and equivalents against $734.0 million of debt, a net debt position of $287.6 million.
The current ratio (current assets divided by current liabilities) was 4.34, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.46.
Summary generated from market data by MetaCap's automated system. Methodology
Merit Medical Systems balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 446.40M | 376.71M | 587.04M | 58.41M | 67.75M | 56.92M | 44.32M | 67.36M | 32.34M | 19.17M |
| Receivables | 203.71M | 190.24M | 177.88M | 164.68M | 152.30M | 146.64M | 155.37M | 137.17M | 105.54M | 80.52M |
| Inventory | 333.70M | 306.06M | 303.87M | 265.99M | 221.92M | 198.02M | 225.70M | 197.54M | 155.29M | 120.69M |
| Total Current Assets | 1.04B | 923.77M | 1.11B | 529.08M | 482.21M | 429.71M | 454.54M | 429.83M | 316.12M | 243.42M |
| Property, Plant & Equipment | 428.40M | 386.17M | 383.52M | 382.98M | 371.66M | 382.73M | 378.79M | 331.45M | 292.82M | 276.57M |
| Goodwill | 506.84M | 463.51M | 382.24M | 359.82M | 361.74M | 363.53M | 353.19M | 335.43M | 238.15M | 211.93M |
| Intangible Assets | — | — | — | — | — | — | — | 79.57M | — | — |
| Total Assets | 2.69B | 2.42B | 2.33B | 1.66B | 1.65B | 1.66B | 1.76B | 1.62B | 1.11B | 942.80M |
| Accounts Payable | 60.55M | 68.50M | 65.94M | 68.50M | 55.62M | 49.84M | 54.62M | 54.02M | 34.93M | 30.62M |
| Short-Term Debt | — | — | — | 11.25M | 8.44M | 7.50M | 7.50M | 29.00M | 26.42M | 10.00M |
| Total Current Liabilities | 239.76M | 216.40M | 203.56M | 220.65M | 236.28M | 185.00M | 181.66M | 175.34M | 115.62M | 88.33M |
| Long-Term Debt | 734.04M | 729.55M | 823.01M | 186.76M | 234.40M | 343.72M | 431.98M | 373.15M | 259.01M | 314.37M |
| Total Liabilities | 1.10B | 1.04B | 1.12B | 519.57M | 608.50M | 705.82M | 807.38M | 687.24M | 435.48M | 444.61M |
| Shareholders' Equity | 1.58B | 1.38B | 1.20B | 1.14B | 1.04B | 958.58M | 949.94M | 932.77M | 676.33M | 498.19M |
| Retained Earnings | 824.03M | 695.54M | 575.18M | 480.77M | 406.26M | 357.80M | 368.22M | 363.43M | 321.41M | 293.88M |
| Total Debt | 734.04M | 729.55M | 823.01M | 198.01M | 242.84M | 351.22M | 439.48M | 402.15M | 285.43M | 324.37M |
| Net Cash (Debt) | -287.63M | -352.84M | -235.98M | -139.60M | -175.09M | -294.31M | -395.16M | -334.79M | -253.09M | -305.20M |
| Shares Outstanding | 59.42M | 58.74M | 57.86M | 57.31M | 56.57M | 55.62M | 55.21M | 54.89M | 50.25M | 44.65M |
This table shows 10 annual periods of Merit Medical Systems's balance sheet, from FY 2025 back to FY 2016, across 19 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow MMSI's reporting calendar. What is a balance sheet?