Merck Interest Coverage Trend from 2010 to 2022

MRK
 Stock
  

USD 92.50  0.61  0.66%   

Merck Interest Coverage is increasing with slightly volatile movements from year to year. Interest Coverage is predicted to flatten to 14.72. For the period between 2010 and 2022, Merck, Interest Coverage quarterly trend regression had mean deviation of 3.36 and range of  15.59. Merck Income Tax Expense is increasing as compared to previous years. The last year's value of Income Tax Expense was reported at 1.52 Billion.
  
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Check Merck financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Merck main balance sheet or income statement drivers, such as Direct Expenses of 16 B, Consolidated Income of 10.9 B or Cost of Revenue of 13.4 B, as well as many exotic indicators such as Interest Coverage of 14.72, Long Term Debt to Equity of 0.67 or Calculated Tax Rate of 11.25. Merck financial statements analysis is a perfect complement when working with Merck Valuation or Volatility modules. It can also supplement various Merck Technical models. Additionally, see the analysis of Merck Correlation against competitors.

Merck Interest Coverage Breakdown

Showing smoothed Interest Coverage of Merck Company with missing and latest data points interpolated. Merck's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Merck's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Increasing
Slightly volatile
 Interest Coverage 
Share
      Timeline 

Merck Interest Coverage Regression Statistics

Arithmetic Mean 14.61
Geometric Mean 13.64
Coefficient Of Variation 30.62
Mean Deviation 3.36
Median 14.74
Standard Deviation 4.47
Sample Variance 20.01
Range 15.59
R-Value 0.38
Mean Square Error 18.72
R-Squared 0.14
Significance 0.20
Slope 0.43
Total Sum of Squares 240.14

Merck Interest Coverage History

2012 19.11
2013 11.09
2014 12.17
2015 18.09
2016 14.74
2017 17.7
2018 19.34
2019 18.74
2020 10.24
2021 16.28
2022 14.72

About Merck Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Merck income statement, its balance sheet, and the statement of cash flows. Merck investors use historical funamental indicators, such as Merck's Interest Coverage, to determine how well the company is positioned to perform in the future. Although Merck investors may use each financial statement separately, they are all related. The changes in Merck's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Merck's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Merck Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Merck. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Interest Coverage 16.28  14.72 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA17.8 B15.4 B
Merck Co., Inc. operates as a healthcare company worldwide. Merck Co., Inc. was founded in 1891 and is headquartered in Kenilworth, New Jersey. Merck operates under Drug ManufacturersGeneral classification in the United States and is traded on New York Stock Exchange. It employs 67000 people.

Merck Investors Sentiment

The influence of Merck's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Merck. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Merck Implied Volatility

    
  27.04  
Merck's implied volatility exposes the market's sentiment of Merck Company stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Merck's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Merck stock will not fluctuate a lot when Merck's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Merck in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Merck's short interest history, or implied volatility extrapolated from Merck options trading.

Current Sentiment - MRK

Merck Company Investor Sentiment

Predominant part of Macroaxis users are now bullish on Merck Company. What is your trading attitude regarding investing in Merck Company? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Additionally, see the analysis of Merck Correlation against competitors. Note that the Merck Company information on this page should be used as a complementary analysis to other Merck's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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Is Merck's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merck. If investors know Merck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Merck listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.36
Market Capitalization
238.7 B
Quarterly Revenue Growth YOY
0.5
Return On Assets
0.12
Return On Equity
0.41
The market value of Merck Company is measured differently than its book value, which is the value of Merck that is recorded on the company's balance sheet. Investors also form their own opinion of Merck's value that differs from its market value or its book value, called intrinsic value, which is Merck's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Merck's market value can be influenced by many factors that don't directly affect Merck's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Merck's value and its price as these two are different measures arrived at by different means. Investors typically determine Merck value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merck's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.