undamentalytics Newsletter
Sign in

Merit Medical Systems Inc balance sheet

At the end of fiscal 2025, Merit Medical Systems Inc had total assets of $2.69bn, total liabilities of $1.10bn and shareholders' equity of $1.58bn. It held $446m in cash against $748m of debt: net debt of $301m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Cash and equivalents641019326744576858587377446504
Receivables—374181106137155147152165178190204222
Inventory—6170121155198226198222266304306334391
Total current assets—1121342433164304554304825291,1089241,0401,199
Goodwill335961212238335353364362360382464507537
Total assets2723694479431,1121,6201,7571,6641,6481,6642,3252,4192,6862,925
Total current liabilities—404488116175182185236221204216240265
Short-term debt——010192288811————
Long-term debt—8231314259373432344234187823730734737
Total debt08231324285402440352243198847748748748
Total liabilities—134904454356878077066085201,1231,0391,1021,180
Shareholders' equity2192363574986769339509591,0401,1441,2021,3791,5841,745
Net debt (negative = net cash)−67821305253335396295175140260371301244
Shares outstanding——42m45m50m55m55m56m57m57m58m59m59m60m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

Compare with peers

Head to head: IART vs MMSIMMSI vs PENITGR vs MMSIHAE vs MMSI

More: Health Care Equipment stocks compared, Health Care sector, rankings of US companies

Figures from Merit Medical Systems Inc's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Merit Medical Systems Inc.