Is it safe?
Can MMSI take a bad year?
Merit Medical Systems, Inc. carries $247M of net debt at 0.79× EBITDA: a load its earnings can carry.
$247M
Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.79×
Net debt / EBITDA · 1.25× a year ago · the load is coming down
- Altman Z-score
- 3.88
Altman Z-score · safe zone, above 3
- Interest cover
- 7.11×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ1 2026
- $735M
- Cash and short-term investments
- $488M
- Net debt
- $247M
- EBITDA, trailing twelve months
- $312M
- Operating profit, trailing twelve months
- $188M
- Debt / equity
- 0.45×
- Total debt / EBITDA
- 2.35×
- Annualised volatilitytwo years of daily moves
- 30%
- Worst drawdown on file
- −69%
- Below its 52-week high
- −2.9%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Medical Instruments & Supplies
Ranks #14 of 27 by Smart Score