MRK Debt Analysis
Merck & Co., Inc. - Total Debt & Leverage Ratios
Data as of 12/31/2025
Debt Health Rating
Moderate
Manageable debt with some risk
Key Debt Metrics
$20.40B
Combined long & short-term
0.44x
Leverage ratio
-
Op. income / interest
Debt Structure
Long-term Debt
Due after 1 year
Short-term Debt
Due within 1 year
Annual Interest Expense
Cost of debt per year
Net Debt
Total debt minus cash
Leverage Ratios
Debt-to-Assets
Total debt / Total assets
Debt Service Coverage
Cash flow / Interest
Debt Activity (Annual)
New Debt Issued
$5.94B
Debt Repaid
$1.14B
Net Change
$4.80B
Adding debt
Balance Sheet Context
Cash & Equivalents
$5.33B
Total Assets
$128.69B
Stockholders Equity
$45.88B
Operating Income
-
Operating Cash Flow
$3.92B
View Detailed Debt Analysis
Explore maturity schedules, corporate bonds, and risk analysis
View Full Debt ReportFrequently Asked Questions
What is MRK total debt?
MRK has total debt of $20.40B, consisting of $18.10B in long-term debt and $2.30B in short-term debt.
What is MRK debt-to-equity ratio?
MRK's debt-to-equity ratio is 0.44x. This indicates conservative leverage.
What is MRK interest coverage ratio?
Interest coverage data for MRK is not currently available.
Is MRK debt level healthy?
MRK has a debt health rating of "Moderate". Manageable debt with some risk. The company has been adding to its debt.
How much is MRK net debt?
MRK's net debt (total debt minus cash) is $15.07B. This represents the actual debt burden after accounting for cash reserves.