Merit Medical Systems (MMSI) Long-Term Debt Issuances (2010 - 2023)
Merit Medical Systems (MMSI) recorded Long-Term Debt Issuances of $718.7 million in Q4 2023, compared with $42.87 million a year earlier.
Analysis
Merit Medical Systems (MMSI) Long-Term Debt Issuances (2010 - 2023) Analysis & Trends
For FY2023, Merit Medical Systems reported Long-Term Debt Issuances of $1.2 billion, up 457.2% from FY2022.
- Annual Long-Term Debt Issuances has increased for three straight years, with a five-year compound annual growth rate of 13.4% (FY2018 to FY2023).
- Across earlier years, Long-Term Debt Issuances came in at $215.21 million in FY2022 (+118.7%), $98.42 million in FY2021 (+43.4%), $68.63 million in FY2020 (-72.2%) and $246.66 million in FY2019 (-61.4%).
- The Q4 2023 figure is the highest quarterly Long-Term Debt Issuances in data going back to Q3 2010.
- On a year-over-year basis, Long-Term Debt Issuances rose in five of the last seven quarters, with growth averaging 227.7%.
- Peak year-over-year performance for Long-Term Debt Issuances in the last five years was growth of 770.6% in Q2 2023, against a decline of 90.4% in Q2 2020 at the low end.
- Per Business Quant, the preceding three quarters came in at $20.22 million (Q3 2023), $410.6 million (Q2 2023) and $49.69 million (Q1 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LT Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 247.86 Bn | 226.89 Bn | 4.88 Bn | - |
| 2 | Abbott Laboratories | 177.43 Bn | 147.86 Bn | 7.27 Bn | -33.00 Mn |
| 3 | Danaher | 159.54 Bn | 143.35 Bn | 3.61 Bn | 6.56 Bn |
| 4 | Intuitive Surgical | 157.40 Bn | 137.68 Bn | 2.08 Bn | - |
| 5 | Medtronic | 122.54 Bn | 87.79 Bn | 6.34 Bn | - |
| 6 | Stryker | 117.68 Bn | 103.80 Bn | 4.50 Bn | - |
| 7 | Boston Scientific | 66.64 Bn | 61.41 Bn | 3.85 Bn | - |
| 8 | Becton Dickinson | 54.28 Bn | 51.43 Bn | 2.32 Bn | - |
| 9 | Edwards Lifesciences | 51.48 Bn | 35.49 Bn | 1.35 Bn | - |
| 10 | Merit Medical Systems | 5.55 Bn | 3.77 Bn | 215.17 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 718.70 Mn |
| Sep 30, 2023 | 20.22 Mn |
| Jun 30, 2023 | 410.60 Mn |
| Mar 31, 2023 | 49.69 Mn |
| Dec 31, 2022 | 42.87 Mn |
| Sep 30, 2022 | 44.65 Mn |
| Jun 30, 2022 | 47.16 Mn |
| Mar 31, 2022 | 80.52 Mn |
| Dec 31, 2021 | 25.17 Mn |
| Sep 30, 2021 | 40.59 Mn |
| Jun 30, 2021 | 22.96 Mn |
| Mar 31, 2021 | 9.69 Mn |
| Dec 31, 2020 | 22.57 Mn |
| Sep 30, 2020 | 7.48 Mn |
| Jun 30, 2020 | 7.90 Mn |
| Mar 31, 2020 | 30.67 Mn |
| Dec 31, 2019 | 52.18 Mn |
| Sep 30, 2019 | 68.73 Mn |
| Jun 30, 2019 | 82.63 Mn |
| Mar 31, 2019 | 43.12 Mn |
API Access
Merit Medical Systems Long-Term Debt Issuances API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=MMSI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt-issuances", "ticker": "MMSI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=MMSI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();