Merit Medical Systems, Inc.
Merit Medical Systems, Inc. designs, develops, manufactures, and markets single-use medical products for interventional, diagnostic, and therapeutic procedures, primarily in cardiology, radiology, oncology, critical care, and endoscopy. The company opera…
Medical - Instruments & Supplies
US, South Jordan [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 30.00 | 34.00 | 34.00 | 46.00 | 51.00 | 53.00 | 69.00 | 53.00 | 62.00 | 86.00 | 77.00 | 165.00 | 147.00 | 114.00 | 145.00 | |
| Operating Cash (Net) | 30.00 | 34.00 | 34.00 | 46.00 | 51.00 | 53.00 | 69.00 | 53.00 | 62.00 | 86.00 | 77.00 | 165.00 | 147.00 | 114.00 | 145.00 | |
| Accounts Receivable | -2.00 | -2.00 | -3.00 | -6.00 | -6.00 | -13.00 | -5.00 | -6.00 | -12.00 | -27.00 | -17.00 | 10.00 | -8.00 | -15.00 | -9.00 | |
| Accounts Payable | 2.00 | 5.00 | -2.00 | 7.00 | - - | 5.00 | 14.00 | -6.00 | - - | 15.00 | -2.00 | - - | 6.00 | 12.00 | -7.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | -6.00 | - - | -14.00 | -1.00 | -9.00 | -13.00 | 2.00 | -13.00 | -24.00 | -35.00 | -55.00 | 34.00 | -17.00 | -71.00 | -70.00 | |
| Other WC | - - | 3.00 | - - | 6.00 | -5.00 | 4.00 | 6.00 | 4.00 | 6.00 | 4.00 | -8.00 | -5.00 | 9.00 | -21.00 | -21.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -65.00 | -112.00 | -74.00 | -255.00 | -68.00 | -36.00 | -62.00 | -159.00 | -146.00 | -378.00 | -134.00 | -58.00 | -37.00 | -57.00 | -175.00 | |
| Capital Expenditure | -19.00 | -24.00 | -61.00 | -66.00 | -61.00 | -35.00 | -52.00 | -35.00 | -41.00 | -66.00 | -81.00 | -49.00 | -27.00 | -45.00 | -36.00 | |
| Purchases of Investments | - - | 1.00 | -2.00 | 66.00 | - - | - - | - - | 35.00 | - - | - - | - - | - - | - - | - - | - - | |
| Sale/Maturity of Investment | - - | 9.00 | 2.00 | 3.00 | - - | - - | - - | 1.00 | - - | - - | - - | - - | - - | - - | - - | |
| Property, Plant, Equipment (P&PE) | -19.00 | -24.00 | -61.00 | -66.00 | -61.00 | -35.00 | -52.00 | -35.00 | -41.00 | -66.00 | -81.00 | -49.00 | -27.00 | -45.00 | -36.00 | |
| Acquisitions (Net) | -46.00 | -97.00 | -10.00 | -192.00 | -31.00 | -5.00 | -12.00 | -125.00 | -105.00 | -301.00 | -53.00 | -9.00 | -7.00 | -8.00 | -137.00 | |
| Other Investing Activities | - - | -1.00 | -2.00 | -66.00 | 24.00 | 5.00 | 3.00 | -35.00 | - - | -10.00 | - - | - - | -2.00 | -4.00 | -1.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -7.00 | -76.00 | -46.00 | -208.00 | -14.00 | -16.00 | -10.00 | -121.00 | -96.00 | -328.00 | -33.00 | -95.00 | -98.00 | -60.00 | -559.00 | |
| Debt Repayment | -12.00 | -35.00 | -155.00 | -123.00 | -165.00 | -169.00 | -169.00 | -102.00 | -243.00 | -522.00 | -202.00 | -157.00 | -108.00 | -44.00 | -618.00 | |
| Dividends Paid | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Common Stock
|
5 | - - | 96 | 4 | 3 | 8 | 7 | 5 | - - | 217 | - - | 7 | 21 | 22 | 20 | |
| Issued | 2.00 | 1.00 | 95.00 | 3.00 | 3.00 | 8.00 | 6.00 | 5.00 | 143.00 | 214.00 | 6.00 | 6.00 | 21.00 | 20.00 | 15.00 | |
| Repurchased | -2.00 | - - | -1.00 | - - | - - | - - | - - | - - | - - | -2.00 | - - | - - | - - | -2.00 | -5.00 | |
| Other Financing Activities | 38.00 | 109.00 | 212.00 | 328.00 | 176.00 | 144.00 | 152.00 | 217.00 | 195.00 | 635.00 | 229.00 | 56.00 | -10.00 | -30.00 | 1,162.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 34.00 | 6.00 | 3.00 | 10.00 | 9.00 | 7.00 | 7.00 | 4.00 | 19.00 | 32.00 | 67.00 | 44.00 | 56.00 | 67.00 | 60.00 | |
| End of Period | 6.00 | 3.00 | 10.00 | 9.00 | 7.00 | 7.00 | 4.00 | 19.00 | 32.00 | 67.00 | 44.00 | 56.00 | 67.00 | 60.00 | 589.00 | |
| Change | -27.00 | -2.00 | 6.00 | - - | -2.00 | - - | -3.00 | 14.00 | 13.00 | 35.00 | -23.00 | 12.00 | 10.00 | -7.00 | 528.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 12.00 | 14.00 | 19.00 | 22.00 | 32.00 | 35.00 | 37.00 | 43.00 | 53.00 | 69.00 | 104.00 | 106.00 | 95.00 | 92.00 | 101.00 | |
| Stock Based Compensation | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 2.00 | 4.00 | - - | 9.00 | 14.00 | 16.00 | 18.00 | 21.00 | |
| Other | -1.00 | 7.00 | 2.00 | 3.00 | 8.00 | 2.00 | - - | 1.00 | 3.00 | 2.00 | 26.00 | 31.00 | 9.00 | 15.00 | 10.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 10.00 | 10.00 | -27.00 | -19.00 | -9.00 | 17.00 | 16.00 | 18.00 | 21.00 | 20.00 | -3.00 | 115.00 | 119.00 | 69.00 | 108.00 | |
| Cash Conversion Cycle (CCC) | 129.00 | 138.00 | 134.00 | 138.00 | 132.00 | 137.00 | 133.00 | 149.00 | 167.00 | 169.00 | 172.00 | 155.00 | 161.00 | 170.00 | 173.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | 1.00 | - - | -3.00 | - - |