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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	395.53	376.72	587.04	58.41	67.75	56.92
Trading Asset Securities	-	-	1.5	-	-	-
Cash & Short-Term Investments	395.53	376.72	588.54	58.41	67.75	56.92
Cash Growth	-32.16%	-35.99%	907.63%	-13.79%	19.04%	28.42%
Accounts Receivable	199.55	190.24	177.89	164.68	152.3	146.64
Other Receivables	17.2	18.92	11.38	13.77	20.54	11.32
Receivables	216.75	209.17	189.26	178.45	172.84	157.96
Inventory	317.94	306.06	303.87	265.99	221.92	198.02
Prepaid Expenses	18.98	20.13	17.79	15.45	14.09	10.47
Restricted Cash	2.07	2.05	2.11	2.15	-	-
Other Current Assets	7.38	9.65	6.91	8.64	5.61	6.34
Total Current Assets	958.64	923.77	1,108	529.08	482.21	429.71
Property, Plant & Equipment	478.05	451.67	446.57	448.24	437.57	460.97
Long-Term Investments	-	22.83	19.06	19.02	14.71	12.04
Goodwill	464.36	463.51	382.24	359.82	361.74	363.53
Other Intangible Assets	478.98	498.27	325.88	275.87	319.27	367.92
Long-Term Deferred Tax Assets	16.1	16.04	7.29	6.6	6.08	4.6
Other Long-Term Assets	71.86	33.08	32.49	22.94	24.37	23.44
Total Assets	2,468	2,419	2,325	1,664	1,648	1,664
Accounts Payable	63.76	68.5	65.94	68.5	55.62	49.84
Accrued Expenses	113.47	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	9.44	10.33	12.09	11.01	10.67	12.9
Current Income Taxes Payable	4.95	3.49	5.09	6.7	2.54	2.82
Other Current Liabilities	5.21	0.52	0.69	16.98	53.19	19.09
Total Current Liabilities	196.82	216.4	203.56	220.65	236.28	185
Long-Term Debt	730.67	729.55	823.01	186.76	235.84	347.18
Long-Term Leases	77.55	54.78	56.26	59.74	61.53	70.94
Long-Term Unearned Revenue	1.48	1.5	1.61	1.71	1.82	1.92
Long-Term Deferred Tax Liabilities	0.25	0.24	5.55	18.46	31.5	33.31
Other Long-Term Liabilities	32.78	36.77	33.26	32.26	41.53	67.46
Total Liabilities	1,040	1,039	1,123	519.57	608.5	705.82
Common Stock	718.11	703.22	638.15	675.17	641.53	606.22
Retained Earnings	725.69	695.54	575.18	480.77	406.26	357.8
Comprehensive Income & Other	-15.38	-19.4	-11.33	-11.55	-7.99	-5.45
Shareholders' Equity	1,428	1,379	1,202	1,144	1,040	958.58
Total Liabilities & Equity	2,468	2,419	2,325	1,664	1,648	1,664
Total Debt	817.66	794.67	891.36	268.75	316.48	438.53
Net Cash (Debt)	-422.13	-417.95	-302.82	-210.34	-248.73	-381.61
Net Cash Per Share	-7.03	-7.04	-5.19	-3.65	-4.34	-6.88
Filing Date Shares Outstanding	59.1	58.83	57.93	57.32	56.57	55.69
Total Common Shares Outstanding	59.08	58.74	57.86	57.31	56.57	55.62
Working Capital	761.81	707.37	904.91	308.44	245.93	244.7
Book Value Per Share	24.18	23.48	20.77	19.97	18.38	17.23
Tangible Book Value	485.09	417.58	493.88	508.7	358.79	227.13
Tangible Book Value Per Share	8.21	7.11	8.54	8.88	6.34	4.08
Land	27.06	25.85	26.02	25.94	25.29	28.4
Buildings	193.56	192.3	191.49	189.15	190.04	188.88
Machinery	407.95	402.19	379.97	360.22	339.42	330.48
Construction In Progress	63.72	58.67	61.44	61.27	51.18	46.89
Leasehold Improvements	59.45	58.77	53.64	49.67	46.34	48.8

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q