Merit Medical Systems, Inc. (MMSI)

Merit Medical Systems Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	392.46	376.72	587.04	58.41	67.75	56.92
Trading Asset Securities	-	-	1.5	-	-	-
Cash & Short-Term Investments	392.46	376.72	588.54	58.41	67.75	56.92
Cash Growth	-24.98%	-35.99%	907.63%	-13.79%	19.04%	28.42%
Accounts Receivable	210.29	190.24	177.89	164.68	152.3	146.64
Other Receivables	21.21	18.92	11.38	13.77	20.54	11.32
Receivables	231.51	209.17	189.26	178.45	172.84	157.96
Inventory	326.55	306.06	303.87	265.99	221.92	198.02
Prepaid Expenses	25.28	20.13	17.79	15.45	14.09	10.47
Restricted Cash	2.1	2.05	2.11	2.15	-	-
Other Current Assets	7.64	9.65	6.91	8.64	5.61	6.34
Total Current Assets	985.53	923.77	1,108	529.08	482.21	429.71
Property, Plant & Equipment	506.5	451.67	446.57	448.24	437.57	460.97
Long-Term Investments	-	22.83	19.06	19.02	14.71	12.04
Goodwill	507.43	463.51	382.24	359.82	361.74	363.53
Other Intangible Assets	538.4	498.27	325.88	275.87	319.27	367.92
Long-Term Deferred Tax Assets	16.28	16.04	7.29	6.6	6.08	4.6
Other Long-Term Assets	76.85	33.08	32.49	22.94	24.37	23.44
Total Assets	2,631	2,419	2,325	1,664	1,648	1,664
Accounts Payable	64.75	68.5	65.94	68.5	55.62	49.84
Accrued Expenses	143.79	133.56	119.75	106.21	105.83	92.85
Current Portion of Long-Term Debt	-	-	-	11.25	8.44	7.5
Current Portion of Leases	10.61	10.33	12.09	11.01	10.67	12.9
Current Income Taxes Payable	7.74	3.49	5.09	6.7	2.54	2.82
Other Current Liabilities	3.59	0.52	0.69	16.98	53.19	19.09
Total Current Liabilities	230.48	216.4	203.56	220.65	236.28	185
Long-Term Debt	732.92	729.55	823.01	186.76	235.84	347.18
Long-Term Leases	77.62	54.78	56.26	59.74	61.53	70.94
Long-Term Unearned Revenue	1.42	1.5	1.61	1.71	1.82	1.92
Long-Term Deferred Tax Liabilities	26.71	0.24	5.55	18.46	31.5	33.31
Other Long-Term Liabilities	32.44	36.77	33.26	32.26	41.53	67.46
Total Liabilities	1,102	1,039	1,123	519.57	608.5	705.82
Common Stock	747.1	703.22	638.15	675.17	641.53	606.22
Retained Earnings	786.02	695.54	575.18	480.77	406.26	357.8
Comprehensive Income & Other	-3.72	-19.4	-11.33	-11.55	-7.99	-5.45
Shareholders' Equity	1,529	1,379	1,202	1,144	1,040	958.58
Total Liabilities & Equity	2,631	2,419	2,325	1,664	1,648	1,664
Total Debt	821.15	794.67	891.36	268.75	316.48	438.53
Net Cash (Debt)	-428.7	-417.95	-302.82	-210.34	-248.73	-381.61
Net Cash Per Share	-7.07	-7.04	-5.19	-3.65	-4.34	-6.88
Filing Date Shares Outstanding	59.29	58.83	57.93	57.32	56.57	55.69
Total Common Shares Outstanding	59.29	58.74	57.86	57.31	56.57	55.62
Working Capital	755.06	707.37	904.91	308.44	245.93	244.7
Book Value Per Share	25.80	23.48	20.77	19.97	18.38	17.23
Tangible Book Value	483.58	417.58	493.88	508.7	358.79	227.13
Tangible Book Value Per Share	8.16	7.11	8.54	8.88	6.34	4.08
Land	30.46	25.85	26.02	25.94	25.29	28.4
Buildings	198.56	192.3	191.49	189.15	190.04	188.88
Machinery	421.25	402.19	379.97	360.22	339.42	330.48
Construction In Progress	83.42	58.67	61.44	61.27	51.18	46.89
Leasehold Improvements	62.07	58.77	53.64	49.67	46.34	48.8

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q