Merit Medical Systems Inc financial data

Symbol
MMSI on Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
Location
1600 West Merit Park Way, South Jordan, UT
State of incorporation
Utah
Fiscal year end
December 31
Latest financial report
10-Q - Q2 2024 - Aug 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 521 % +101%
Quick Ratio 159 % +20.5%
Debt-to-equity 78.3 % +63.2%
Return On Assets 5.32 % +1.14%
Operating Margin 11.6 % +33%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 58.2M shares +0.99%
Common Stock, Shares, Outstanding 58.2M shares +0.97%
Entity Public Float 4.7B USD +56.7%
Common Stock, Value, Issued 659M USD -4.74%
Weighted Average Number of Shares Outstanding, Basic 58.1M shares +1.05%
Weighted Average Number of Shares Outstanding, Diluted 58.7M shares +0.46%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.3B USD +8.6%
Operating Income (Loss) 151M USD +44.5%
Nonoperating Income (Expense) -8.74M USD -42.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 142M USD +44.5%
Income Tax Expense (Benefit) 24.5M USD +186%
Net Income (Loss) Attributable to Parent 117M USD +31%
Earnings Per Share, Basic 2.03 USD/shares +30.1%
Earnings Per Share, Diluted 2 USD/shares +29%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 637M USD +783%
Accounts Receivable, after Allowance for Credit Loss, Current 182M USD +6.68%
Inventory, Net 298M USD -2.52%
Assets, Current 1.16B USD +95.4%
Deferred Income Tax Assets, Net 7.01M USD +8.03%
Property, Plant and Equipment, Net 386M USD +0.41%
Operating Lease, Right-of-Use Asset 69.9M USD +12%
Goodwill 381M USD -0.09%
Other Assets, Noncurrent 61.6M USD +17.3%
Assets 2.37B USD +29.1%
Accrued Liabilities, Current 118M USD +6.25%
Liabilities, Current 186M USD -1.99%
Contract with Customer, Liability, Noncurrent 1.55M USD -6.28%
Accrued Income Taxes, Noncurrent 347K USD 0%
Deferred Income Tax Liabilities, Net 5.51M USD -70.2%
Operating Lease, Liability, Noncurrent 58M USD +2.54%
Other Liabilities, Noncurrent 15.9M USD +20.3%
Liabilities 1.09B USD +71.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -15.4M USD -61.7%
Retained Earnings (Accumulated Deficit) 639M USD +22.5%
Stockholders' Equity Attributable to Parent 1.28B USD +6.54%
Liabilities and Equity 2.37B USD +29.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 36.2M USD +149%
Net Cash Provided by (Used in) Financing Activities -18M USD -3522%
Net Cash Provided by (Used in) Investing Activities -22.1M USD -48.4%
Common Stock, Shares Authorized 100M shares 0%
Common Stock, Shares, Issued 58.2M shares +0.97%
Common Stock, Par or Stated Value Per Share 0 USD/shares
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -5.16M USD -1094%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 639M USD +761%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.39M USD +19.5%
Deferred Tax Assets, Valuation Allowance 13.7M USD +1.58%
Deferred Tax Assets, Gross 88.8M USD +14.1%
Operating Lease, Liability 68.3M USD -3.39%
Payments to Acquire Property, Plant, and Equipment 11.7M USD -8.63%
Lessee, Operating Lease, Liability, to be Paid 80.8M USD -4.52%
Property, Plant and Equipment, Gross 732M USD +3.95%
Operating Lease, Liability, Current 11.7M USD +1.84%
Lessee, Operating Lease, Liability, to be Paid, Year Two 10.7M USD -7.24%
Lessee, Operating Lease, Liability, to be Paid, Year One 13.7M USD +8.45%
Operating Lease, Weighted Average Discount Rate, Percent 0.03 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 12.4M USD -10.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.87M USD -0.83%
Deferred Tax Assets, Operating Loss Carryforwards 10M USD -9.99%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 5M shares 0%
Unrecognized Tax Benefits 1.62M USD +2.92%
Lessee, Operating Lease, Liability, to be Paid, Year Four 7.43M USD -1.21%
Amortization of Intangible Assets 59.8M USD +20.1%
Depreciation, Depletion and Amortization 23.6M USD +14.9%
Share-based Payment Arrangement, Expense 24M USD +29.9%
Interest Expense 21.5M USD +193%