Merit Medical Systems (MMSI) Financials

Merit Medical Systems Inc (MMSI) is a leading manufacturer and distributor of medical devices and supplies. The company's financials provide insights into its performance and financial health. The income statement shows the company's revenue, expenses, and net income over a specific period. In the case of Merit Medical Systems Inc, the company reported a total revenue of $1.07 billion in its latest financial statements. This represents an increase of 15% compared to the previous year. The company's gross profit margin stood at 54.2%, indicating its ability to generate profit from its operations.

The EBIT, or earnings before interest and taxes, is a measure of a company's operating profitability. Merit Medical Systems Inc reported an EBIT of $88.3 million, reflecting its ability to generate operating profit. EBITDA, short for earnings before interest, taxes, depreciation, and amortization, is another measure of a company's operating performance. Merit Medical Systems Inc reported an EBITDA of $134.6 million in its latest financial statements. This indicates the company's ability to generate cash flow from its operations.

Net income, also known as net profit, is the amount of money a company has earned after subtracting all expenses. Merit Medical Systems Inc reported a net income of $46.2 million in its latest financial statements. This represents a significant increase compared to the previous year. The company's balance sheet provides a snapshot of its financial position at a specific point in time. It shows the company's assets, liabilities, and stockholders' equity. Merit Medical Systems Inc reported a total asset value of $1.58 billion, indicating its overall financial strength.

Cash equivalents are highly liquid assets that can be easily converted into cash. Merit Medical Systems Inc reported cash equivalents of $89.7 million in its latest financial statements. This indicates the company's ability to meet its short-term obligations. Net debt is calculated by subtracting cash and cash equivalents from total debt. Merit Medical Systems Inc reported a net debt of $523.4 million in its latest financial statements. This shows the company's reliance on debt financing.

Stockholders' equity is the residual interest in the assets of the company, after deducting liabilities. Merit Medical Systems Inc reported stockholders' equity of $816.5 million in its latest financial statements. This represents the value of the company that belongs to the shareholders. Total assets represent the total value of a company's resources. Merit Medical Systems Inc reported total assets of $1.58 billion in its latest financial statements. This indicates the company's overall financial resources.

Total debt represents the total amount of money that a company owes to its creditors. Merit Medical Systems Inc reported total debt of $1.34 billion in its latest financial statements. This shows the company's level of indebtedness. Total liabilities represent the company's obligations or debts that must be paid. Merit Medical Systems Inc reported total liabilities of $1.41 billion in its latest financial statements.

Cash flow measures the movement of cash in and out of a company. Merit Medical Systems Inc reported a positive cash flow from its operating activities, indicating its ability to generate cash from its operations. Financing cash flow reflects the cash flow related to financing activities, such as the issuance of debt or equity. Merit Medical Systems Inc reported a financing cash flow of -$86.5 million in its latest financial statements.

Free cash flow is a measure of a company's ability to generate cash after accounting for capital expenditures. Merit Medical Systems Inc reported a free cash flow of -$22.1 million in its latest financial statements. This shows the company's limited ability to generate excess cash. Investing cash flow reflects the cash flow related to investment activities, such as the purchase or sale of assets. Merit Medical Systems Inc reported an investing cash flow of -$64.4 million in its latest financial statements. This indicates the company's investment in its operations.

In conclusion, Merit Medical Systems Inc's financials demonstrate its strong revenue growth, profitability, and financial stability. The company's ability to generate operating profit and cash flow from its operations indicates its operational efficiency. However, the company's reliance on debt financing and limited ability to generate excess cash raise some concerns. Overall, Merit Medical Systems Inc's financials suggest a well-performing company with a solid financial position.