MMSI (Merit Medical Systems) Effective Interest Rate on Debt %: 3.18% (As of Mar. 2026)


MMSI Merit Medical Systems Inc MMSI
79 GF Score
Price $73.44
GF Value $97.05
Valuation Modestly Undervalued
View Full Analysis

What is Merit Medical Systems Effective Interest Rate on Debt %?

Merit Medical Systems MMSI +2.77% 79 Effective Interest Rate on Debt % is 3.18% as of Mar. 2026. GuruFocus rates MMSI with a GF Score™ of 79/100 and a GF Value™ of $97.05 (Modestly Undervalued).

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Merit Medical Systems's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was $26 Mil. Merit Medical Systems's average total debt for the quarter that ended in Mar. 2026 was $822 Mil. Therefore, Merit Medical Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 3.18%.


Merit Medical Systems  (NAS:MMSI) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Merit Medical Systems Effective Interest Rate on Debt % Related Terms


Merit Medical Systems Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Merit Medical Systems's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Merit Medical Systems Effective Interest Rate on Debt % Chart

Merit Medical Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 2.17 2.67 3.70 3.27

Merit Medical Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.26 3.31 3.29 3.10 3.18

MMSI vs NVST, MMED, ICUI: Effective Interest Rate on Debt % Comparison

For the Medical Instruments & Supplies subindustry, Merit Medical Systems's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Merit Medical Systems Effective Interest Rate on Debt % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Merit Medical Systems's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Merit Medical Systems's Effective Interest Rate on Debt % falls into.


MMSI
79GF Score
Merit Medical Systems Inc MMSI
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merit Medical Systems Effective Interest Rate on Debt % Calculation

Merit Medical Systems's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2024 )+Total Debt  (A: Dec. 2025 ))/ count )
=-1  *  -26.461/( (794.665+821.572)/ 2 )
=-1  *  -26.461/808.1185
=3.27 %

where

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=784.334 + 10.331
=794.665

Total Debt  (A: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=810.696 + 10.876
=821.572

Merit Medical Systems's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -26.104/( (821.572+821.563)/ 2 )
=-1  *  -26.104/821.5675
=3.18 %

where

Total Debt  (Q: Dec. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=810.696 + 10.876
=821.572

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=810.335 + 11.228
=821.563

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 3.18% mean?
Merit Medical Systems (MMSI) has a Effective Interest Rate on Debt % of 3.18% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Merit Medical Systems and its competitors.
Is Merit Medical Systems' Effective Interest Rate on Debt % too high?
Merit Medical Systems' current Effective Interest Rate on Debt % is 3.18%. Overall, Merit Medical Systems has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merit Medical Systems' Effective Interest Rate on Debt % compare to NVST and MMED?
Merit Medical Systems' Effective Interest Rate on Debt % of 3.18% can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for a Medical Devices & Instruments company?
A good Effective Interest Rate on Debt % depends on the Medical Devices & Instruments industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Merit Medical Systems and its competitors. Merit Medical Systems's current Effective Interest Rate on Debt % is 3.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merit Medical Systems stock overvalued right now?
Based on GuruFocus' analysis, Merit Medical Systems (MMSI) is currently considered Modestly Undervalued. The stock's GF Value™ is $97.05, compared to a current price of $73.44 — trading 24.3% below its estimated fair value. The current Effective Interest Rate on Debt % is 3.18%. Merit Medical Systems' overall GF Score™ is 79/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Merit Medical Systems (MMSI), the current Effective Interest Rate on Debt % is 3.18% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Merit Medical Systems (MMSI) Overvalued in 2026?

Based on GuruFocus' analysis, Merit Medical Systems stock appears to be undervalued. The current stock price of $73.44 is trading 24.3% below its estimated GF Value™ of $97.05. GuruFocus considers Merit Medical Systems to be Modestly Undervalued.

Key valuation signals for MMSI:

  • Effective Interest Rate on Debt %: 3.18%
  • GF Value™: $97.05 vs. price of $73.44 (24.3% below fair value)
  • GF Score™: 79/100

No single metric tells the full story. See the MMSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merit Medical Systems Business Description

Other Exchanges MM3:Germany
Address 1600 West Merit Parkway, South Jordan, UT, USA, 84095
Merit Medical Systems Inc is a medical equipment company that develops and manufactures products for interventional cardiology, radiology, and endoscopy procedures. The firm reports two segments which are Cardiovascular and Endoscopy. The majority of the revenue is earned from the Cardiovascular segment which consists of cardiology and radiology medical device products that assist in diagnosing and treating coronary artery disease, peripheral vascular disease, and other non-vascular diseases and includes embolotherapeutic, cardiac rhythm management, electrophysiology, critical care, and interventional oncology and spine devices.
79GF Score

Get the complete analysis for MMSI

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$73.44
Price
$97.05
GF Value