Merit Medical Systems, Inc. (MMSI)

Merit Medical Systems Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	523.13	587.04	58.41	67.75	56.92	44.32
Trading Asset Securities	-	1.5	-	-	-	-
Cash & Short-Term Investments	523.13	588.54	58.41	67.75	56.92	44.32
Cash Growth	757.69%	907.63%	-13.79%	19.04%	28.42%	-34.20%
Accounts Receivable	189.83	177.89	164.68	152.3	146.64	155.37
Other Receivables	23.51	11.38	13.77	20.54	11.32	13.17
Receivables	213.34	189.26	178.45	172.84	157.96	168.53
Inventory	310.53	303.87	265.99	221.92	198.02	225.7
Prepaid Expenses	23.66	17.79	15.45	14.09	10.47	10.52
Restricted Cash	2.15	2.11	2.15	-	-	-
Other Current Assets	5.51	6.91	8.64	5.61	6.34	5.47
Total Current Assets	1,078	1,108	529.08	482.21	429.71	454.54
Property, Plant & Equipment	458.52	446.57	448.24	437.57	460.97	459.03
Long-Term Investments	-	19.06	19.02	14.71	12.04	18.32
Goodwill	399.45	382.24	359.82	361.74	363.53	353.19
Other Intangible Assets	372.16	325.88	275.87	319.27	367.92	445.31
Long-Term Deferred Tax Assets	7.25	7.29	6.6	6.08	4.6	3.79
Other Long-Term Assets	62.38	32.49	22.94	24.37	23.44	20.42
Total Assets	2,378	2,325	1,664	1,648	1,664	1,757
Accounts Payable	60.81	65.94	68.5	55.62	49.84	54.62
Accrued Expenses	122.13	119.75	106.21	105.83	92.85	76.28
Current Portion of Long-Term Debt	-	-	11.25	8.44	7.5	7.5
Current Portion of Leases	11.47	12.09	11.01	10.67	12.9	11.55
Current Income Taxes Payable	1.55	5.09	6.7	2.54	2.82	2.8
Other Current Liabilities	5.12	0.69	16.98	53.19	19.09	28.91
Total Current Liabilities	201.08	203.56	220.65	236.28	185	181.66
Long-Term Debt	750.51	823.01	186.76	235.84	347.18	432.27
Long-Term Leases	57.18	56.26	59.74	61.53	70.94	72.71
Long-Term Unearned Revenue	1.53	1.61	1.71	1.82	1.92	2.12
Long-Term Deferred Tax Liabilities	5.57	5.55	18.46	31.5	33.31	45.24
Other Long-Term Liabilities	38.82	33.26	32.26	41.53	67.46	73.38
Total Liabilities	1,055	1,123	519.57	608.5	705.82	807.38
Common Stock	669.21	638.15	675.17	641.53	606.22	587.02
Retained Earnings	667.59	575.18	480.77	406.26	357.8	368.22
Comprehensive Income & Other	-13.4	-11.33	-11.55	-7.99	-5.45	-5.29
Shareholders' Equity	1,323	1,202	1,144	1,040	958.58	949.94
Total Liabilities & Equity	2,378	2,325	1,664	1,648	1,664	1,757
Total Debt	819.15	891.36	268.75	316.48	438.53	524.04
Net Cash (Debt)	-296.02	-302.82	-210.34	-248.73	-381.61	-479.72
Net Cash Per Share	-5.03	-5.19	-3.65	-4.34	-6.88	-8.53
Filing Date Shares Outstanding	58.28	57.93	57.32	56.57	55.69	55.22
Total Common Shares Outstanding	58.27	57.86	57.31	56.57	55.62	55.21
Working Capital	877.24	904.91	308.44	245.93	244.7	272.88
Book Value Per Share	22.71	20.77	19.97	18.38	17.23	17.21
Tangible Book Value	551.79	493.88	508.7	358.79	227.13	151.44
Tangible Book Value Per Share	9.47	8.54	8.88	6.34	4.08	2.74
Land	26.11	26.02	25.94	25.29	28.4	27.55
Buildings	192.32	191.49	189.15	190.04	188.88	153.86
Machinery	401.38	379.97	360.22	339.42	330.48	301.99
Construction In Progress	66.7	61.44	61.27	51.18	46.89	83.69
Leasehold Improvements	59.01	53.64	49.67	46.34	48.8	43.31

Source: S&P Capital IQ. Standard template. Financial Sources.