Merit Medical Systems Inc financial data

Symbol
MMSI on Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
Location
1600 West Merit Park Way, South Jordan, Utah
State of incorporation
Utah
Fiscal year end
December 31
Latest financial report
Q1 2024 - Apr 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 444 % +80.6%
Quick Ratio 159 % +30%
Debt-to-equity 70.2 % +47.3%
Return On Assets 4.91 % -4.1%
Operating Margin 10.4 % +23.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 58.1M shares +1.06%
Common Stock, Shares, Outstanding 58.1M shares +1.1%
Entity Public Float 4.7B USD +56.7%
Common Stock, Value, Issued 649M USD -4.68%
Weighted Average Number of Shares Outstanding, Basic 58M shares +1.06%
Weighted Average Number of Shares Outstanding, Diluted 58.6M shares +0.66%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.28B USD +9.39%
Operating Income (Loss) 133M USD +35.2%
Nonoperating Income (Expense) -12.5M USD -164%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 121M USD +28.7%
Income Tax Expense (Benefit) 19M USD +105%
Net Income (Loss) Attributable to Parent 102M USD +20.4%
Earnings Per Share, Basic 1.77 USD/shares +19.6%
Earnings Per Share, Diluted 1.74 USD/shares +18.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 582M USD +904%
Accounts Receivable, after Allowance for Credit Loss, Current 181M USD +6.16%
Inventory, Net 303M USD +4.54%
Assets, Current 1.11B USD +98.4%
Deferred Income Tax Assets, Net 7.07M USD +6.11%
Property, Plant and Equipment, Net 384M USD -0.98%
Operating Lease, Right-of-Use Asset 72.6M USD +15.5%
Goodwill 382M USD +5.9%
Other Assets, Noncurrent 58.7M USD +28.3%
Assets 2.33B USD +38.1%
Accrued Liabilities, Current 113M USD -5.01%
Liabilities, Current 183M USD -15.1%
Contract with Customer, Liability, Noncurrent 1.58M USD -6.12%
Accrued Income Taxes, Noncurrent 347K USD 0%
Deferred Income Tax Liabilities, Net 5.52M USD -70.1%
Operating Lease, Liability, Noncurrent 60.1M USD +3.88%
Other Liabilities, Noncurrent 15M USD +7.61%
Liabilities 1.09B USD +112%
Accumulated Other Comprehensive Income (Loss), Net of Tax -12.5M USD -14%
Retained Earnings (Accumulated Deficit) 603M USD +20.3%
Stockholders' Equity Attributable to Parent 1.24B USD +5.85%
Liabilities and Equity 2.33B USD +38.1%

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 58.1M shares +1.1%
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 584M USD +871%
Interest Paid, Excluding Capitalized Interest, Operating Activities 2.39M USD +19.5%
Deferred Tax Assets, Valuation Allowance 13.7M USD +1.58%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 88.8M USD +14.1%
Operating Lease, Liability 68.3M USD -3.39%
Depreciation 34M USD +1.8%
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 721M USD +3.12%
Operating Lease, Liability, Current 12.5M USD +14.4%
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%
Deferred Income Tax Expense (Benefit) -12.6M USD +15.3%
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
Deferred Federal Income Tax Expense (Benefit) -11M USD -5.67%
Current Income Tax Expense (Benefit) 30.3M USD +31.6%
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%
Operating Lease, Payments 13.8M USD +0.69%
Current State and Local Tax Expense (Benefit) 3.78M USD +19.4%
Current Federal Tax Expense (Benefit) 15.7M USD +63.6%
Amortization of Intangible Assets 58.4M USD +20.4%
Depreciation, Depletion and Amortization 23.6M USD +14.9%
Share-based Payment Arrangement, Expense 22.6M USD +30.1%
Deferred State and Local Income Tax Expense (Benefit) -1.7M USD +53%
Interest Expense 21.5M USD +193%