MMSI (Merit Medical Systems) Interest Expense: $-26 Mil (TTM As of Mar. 2026)

What is Merit Medical Systems Interest Expense?

Merit Medical Systems MMSI +0.19% 83 Interest Expense is $-26 Mil as of Mar. 2026. GuruFocus rates MMSI with a GF Score™ of 83/100 and a GF Value™ of $96.87 (Modestly Undervalued).

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Merit Medical Systems's interest expense for the three months ended in Mar. 2026 was $ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-26 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Merit Medical Systems's Operating Income for the three months ended in Mar. 2026 was $ 44 Mil. Merit Medical Systems's Interest Expense for the three months ended in Mar. 2026 was $ -7 Mil. Merit Medical Systems's Interest Coverage for the quarter that ended in Mar. 2026 was 6.74. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Merit Medical Systems (NAS:MMSI) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Merit Medical Systems's Interest Expense for the three months ended in Mar. 2026 was $-7 Mil. Its Operating Income for the three months ended in Mar. 2026 was $44 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $810 Mil.

Merit Medical Systems's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	43.978	/	-6.526
	=	6.74

* 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.

The higher the ratio, the stronger the company's financial strength is.

Merit Medical Systems Interest Expense Historical Data

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The historical data trend for Merit Medical Systems's Interest Expense can be seen below:

Merit Medical Systems Interest Expense Chart

Merit Medical Systems Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-5.26

-6.34

-15.51

-31.22

-26.46

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
Interest Expense	Get a 7-Day Free Trial															-6.57	-6.78	-6.75	-6.36	-6.53

83GF Score

Merit Medical Systems Inc MMSI

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Merit Medical Systems Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-26 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-26 Mil mean?

Merit Medical Systems (MMSI) has a Interest Expense of $-26 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Merit Medical Systems and its competitors.

Is Merit Medical Systems' Interest Expense too high?

Merit Medical Systems' current Interest Expense is $-26 Mil. Overall, Merit Medical Systems has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Merit Medical Systems' Interest Expense compare to NVST and MMED?

Merit Medical Systems' Interest Expense of $-26 Mil 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 Interest Expense for a Medical Devices & Instruments company?

A good Interest Expense depends on the Medical Devices & Instruments industry context. However, Interest Expense 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Merit Medical Systems and its competitors. Merit Medical Systems's current Interest Expense is $-26 Mil. 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 $96.87, compared to a current price of $69.45 — trading 28.3% below its estimated fair value. The current Interest Expense is $-26 Mil. Merit Medical Systems' overall GF Score™ is 83/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Merit Medical Systems (MMSI), the current Interest Expense is $-26 Mil 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 $69.45 is trading 28.3% below its estimated GF Value™ of $96.87. GuruFocus considers Merit Medical Systems to be Modestly Undervalued.

Key valuation signals for MMSI:

Interest Expense: $-26 Mil
GF Value™: $96.87 vs. price of $69.45 (28.3% below fair value)
GF Score™: 83/100

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

Industry Healthcare Medical Devices & Instruments

Comparable Companies NVST MMED ICUI STVN WRBY TFX XRAY LMAT PLSE KMTS ISRG XPAR:EL TSE:7741 BDX XSWX:ALC MDLN RMD WST XSWX:STMN TSE:4543

Other Exchanges MM3:Germany

Address 1600 West Merit Parkway, South Jordan, UT, USA, 84095

Website https://www.merit.com

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.

83GF Score

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$69.45

Price

$96.87

GF Value

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