Merit Medical Systems, Inc. (MMSI)

Merit Medical Systems Balance Sheet

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

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

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q