Merit Common Stock vs Deferred Long Term Liab Analysis

MMSI Stock  USD 80.83  0.72  0.90%   
Merit Medical financial indicator trend analysis is infinitely more than just investigating Merit Medical Systems recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Merit Medical Systems is a good investment. Please check the relationship between Merit Medical Common Stock and its Deferred Long Term Liab accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merit Medical Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.

Common Stock vs Deferred Long Term Liab

Common Stock vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Merit Medical Systems Common Stock account and Deferred Long Term Liab. At this time, the significance of the direction appears to have strong relationship.
The correlation between Merit Medical's Common Stock and Deferred Long Term Liab is 0.77. Overlapping area represents the amount of variation of Common Stock that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Merit Medical Systems, assuming nothing else is changed. The correlation between historical values of Merit Medical's Common Stock and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock of Merit Medical Systems are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Common Stock i.e., Merit Medical's Common Stock and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

0.77
Relationship DirectionPositive 
Relationship StrengthSignificant

Common Stock

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.
Most indicators from Merit Medical's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Merit Medical Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merit Medical Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
As of now, Merit Medical's Enterprise Value is increasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Total Operating Expenses406.9M418.0M400.3M420.3M
Cost Of Revenue589.4M631.9M731.1M767.6M

Merit Medical fundamental ratios Correlations

0.90.90.930.980.930.720.960.950.980.690.930.990.85-0.390.970.940.930.560.870.740.740.950.790.980.94
0.90.660.710.80.750.670.870.770.80.440.990.850.82-0.40.970.820.950.210.680.90.90.780.630.810.72
0.90.660.990.950.920.610.850.930.960.740.710.920.7-0.380.80.90.750.70.850.490.490.910.730.950.97
0.930.710.990.980.950.660.90.960.980.780.750.950.76-0.40.840.920.780.730.870.520.520.950.770.970.98
0.980.80.950.980.950.660.960.960.990.760.830.990.83-0.340.90.950.870.670.870.640.640.970.80.990.98
0.930.750.920.950.950.780.910.970.960.840.790.930.79-0.360.860.90.760.710.850.50.50.940.710.920.93
0.720.670.610.660.660.780.620.830.720.70.730.640.5-0.530.750.520.490.590.830.270.270.660.650.620.65
0.960.870.850.90.960.910.620.890.940.70.870.980.95-0.330.920.960.930.520.740.750.750.950.750.930.89
0.950.770.930.960.960.970.830.890.980.820.820.930.73-0.420.890.850.760.750.950.50.50.940.830.940.96
0.980.80.960.980.990.960.720.940.980.780.830.980.81-0.390.90.930.840.70.890.60.60.960.810.980.98
0.690.440.740.780.760.840.70.70.820.780.50.70.59-0.220.580.640.450.870.740.160.160.780.680.690.75
0.930.990.710.750.830.790.730.870.820.830.50.870.8-0.40.990.810.930.30.760.850.850.80.690.850.77
0.990.850.920.950.990.930.640.980.930.980.70.870.87-0.360.930.960.920.580.830.720.720.970.770.980.95
0.850.820.70.760.830.790.50.950.730.810.590.80.87-0.340.820.890.880.340.550.760.760.870.650.790.72
-0.39-0.4-0.38-0.4-0.34-0.36-0.53-0.33-0.42-0.39-0.22-0.4-0.36-0.34-0.42-0.34-0.3-0.19-0.38-0.2-0.2-0.36-0.35-0.34-0.34
0.970.970.80.840.90.860.750.920.890.90.580.990.930.82-0.420.870.940.40.820.820.820.870.740.910.85
0.940.820.90.920.950.90.520.960.850.930.640.810.960.89-0.340.870.920.460.690.750.750.940.620.940.9
0.930.950.750.780.870.760.490.930.760.840.450.930.920.88-0.30.940.920.250.650.940.940.840.640.890.8
0.560.210.70.730.670.710.590.520.750.70.870.30.580.34-0.190.40.460.250.77-0.09-0.090.650.720.620.73
0.870.680.850.870.870.850.830.740.950.890.740.760.830.55-0.380.820.690.650.770.390.390.820.870.870.9
0.740.90.490.520.640.50.270.750.50.60.160.850.720.76-0.20.820.750.94-0.090.391.00.610.430.680.55
0.740.90.490.520.640.50.270.750.50.60.160.850.720.76-0.20.820.750.94-0.090.391.00.610.430.680.55
0.950.780.910.950.970.940.660.950.940.960.780.80.970.87-0.360.870.940.840.650.820.610.610.770.950.94
0.790.630.730.770.80.710.650.750.830.810.680.690.770.65-0.350.740.620.640.720.870.430.430.770.770.79
0.980.810.950.970.990.920.620.930.940.980.690.850.980.79-0.340.910.940.890.620.870.680.680.950.770.99
0.940.720.970.980.980.930.650.890.960.980.750.770.950.72-0.340.850.90.80.730.90.550.550.940.790.99
Click cells to compare fundamentals

Merit Medical Account Relationship Matchups

Merit Medical fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.8B1.7B1.6B1.7B2.3B2.4B
Short Long Term Debt Total523.7M435.1M315.0M268.8M891.4M935.9M
Other Current Liab108.0M114.8M161.6M129.9M120.4M126.5M
Total Current Liabilities181.7M185.0M236.3M220.6M203.6M213.7M
Total Stockholder Equity949.9M958.6M1.0B1.1B1.2B1.3B
Property Plant And Equipment Net459.0M461.0M437.6M448.2M446.6M468.9M
Net Debt479.4M378.2M247.3M210.3M302.2M317.3M
Retained Earnings368.2M357.8M406.3M480.8M575.2M603.9M
Non Current Assets Total1.3B1.2B1.2B1.1B1.2B1.3B
Net Receivables168.5M158.0M172.8M178.4M189.3M198.7M
Common Stock Shares Outstanding56.2M55.4M57.4M57.7M58.4M39.5M
Liabilities And Stockholders Equity1.8B1.7B1.6B1.7B2.3B2.4B
Non Current Liabilities Total625.7M520.8M372.2M298.9M919.7M965.7M
Inventory225.7M198.0M221.9M266.0M303.9M319.1M
Other Current Assets12.5M13.1M16.1M22.3M26.2M27.5M
Other Stockholder Equity(294K)(5.5M)(8.0M)(11.6M)(10.4M)(9.9M)
Total Liab807.4M705.8M608.5M519.6M1.1B1.2B
Property Plant And Equipment Gross459.0M461.0M652.3M686.2M775.6M814.4M
Total Current Assets454.5M429.7M482.2M529.1M1.1B1.2B
Accumulated Other Comprehensive Income(5.3M)(5.5M)(8.0M)(11.6M)(11.3M)(10.8M)
Short Term Debt19.1M20.4M19.1M22.3M12.1M9.2M
Intangible Assets445.3M367.9M319.3M275.9M325.9M342.2M
Cash44.3M56.9M67.8M58.4M589.1M618.6M
Cash And Short Term Investments44.3M56.9M67.8M58.4M589.1M618.6M
Accounts Payable54.6M49.8M55.6M68.5M65.9M69.2M
Non Currrent Assets Other24.3M25.6M26.7M28.8M32.3M33.9M
Common Stock Total Equity587.0M606.2M641.5M675.2M776.5M815.3M
Common Stock587.0M606.2M641.5M675.2M638.2M670.1M
Other Liab120.7M102.7M76.3M52.4M60.3M35.4M
Other Assets28.1M227.7M47.5M31.9M36.7M25.7M
Long Term Debt432.0M343.7M234.4M186.8M823.0M864.2M
Good Will353.2M363.5M361.7M359.8M382.2M401.4M
Property Plant Equipment459.0M382.7M437.6M383.0M440.4M462.4M
Net Tangible Assets151.4M227.1M358.8M508.7M585.0M614.3M
Long Term Debt Total432.0M343.7M234.4M186.8M214.8M281.4M
Long Term Investments17.1M12.0M14.7M15.6M19.1M12.1M

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When determining whether Merit Medical Systems offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Merit Medical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Merit Medical Systems Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Merit Medical Systems Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merit Medical Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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When running Merit Medical's price analysis, check to measure Merit Medical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Merit Medical is operating at the current time. Most of Merit Medical's value examination focuses on studying past and present price action to predict the probability of Merit Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merit Medical's price. Additionally, you may evaluate how the addition of Merit Medical to your portfolios can decrease your overall portfolio volatility.
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Is Merit Medical's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merit Medical. If investors know Merit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Merit Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.333
Earnings Share
1.74
Revenue Per Share
22.224
Quarterly Revenue Growth
0.087
Return On Assets
0.0425
The market value of Merit Medical Systems is measured differently than its book value, which is the value of Merit that is recorded on the company's balance sheet. Investors also form their own opinion of Merit Medical's value that differs from its market value or its book value, called intrinsic value, which is Merit Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Merit Medical's market value can be influenced by many factors that don't directly affect Merit Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Merit Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merit Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merit Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.