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EBITDA less CapEx Interest Coverage Ratio for Merck KGaA

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MRK: Merck KGaA

Merck KGaA operates as a science and technology company in Germany. It operates through Life Science, Healthcare, and Electronics segments. The company’s Life Science segment offers tools, chemicals, ...

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Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
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The following section summarizes insights on Merck KGaA's EBITDA less CapEx Interest Coverage Ratio:

Dec 2016Dec 2018Dec 2020Dec 2022Dec 20240.0x10.0x20.0x30.0x

Performance Summary
  • Merck KGaA's latest twelve months ebitda less capex interest coverage ratio is 17.8x
  • Merck KGaA's ebitda less capex interest coverage ratio for fiscal years ending December 2020 to 2024 averaged 17.2x.
  • Merck KGaA's operated at median ebitda less capex interest coverage ratio of 17.8x from fiscal years ending December 2020 to 2024.
  • Looking back at the last 5 years, Merck KGaA's ebitda less capex interest coverage ratio peaked in December 2022 at 25.5x.
  • Merck KGaA's ebitda less capex interest coverage ratio hit its 5-year low in December 2020 of 9.7x.
  • Merck KGaA's ebitda less capex interest coverage ratio decreased in 2023 (13.7x, -46.1%) and increased in 2020 (9.7x, +14.1%), 2021 (19.3x, +98.9%), 2022 (25.5x, +32.1%), and 2024 (17.8x, +29.7%).

How does Merck KGaA's EBITDA less CapEx Interest Coverage Ratio benchmark against competitors?

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We've identified the following companies as similar to Merck KGaA because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: EBITDA less CapEx Interest Coverage Ratio

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interest_coverage_ebitda_capex
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EBITDA less CapEx Interest Coverage Ratio

A ratio used to assess a firm's ability to pay interest expenses based on EBITDA less Capital Expenditures.

Definition of EBITDA less CapEx Interest Coverage Ratio

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EBITDA less CapEx Interest Coverage Ratio is defined as:

Interest Coverage = (EBITDA - Capital Expenditures) / Interest Expense

The ratio is used to assess a firm’s ability to pay interest expenses based on EBITDA after accounting for capital expenditures.


Click the link below to download a spreadsheet with an example EBITDA less CapEx Interest Coverage Ratio calculation for Merck KGaA below:

Sector Benchmark Analysis

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Industry Group
Industry
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-2,015.8x-1,365.8x-715.8x392.0x0200400600

The chart above depicts the distribution of ebitda less capex interest coverage ratio for companies operating in the Healthcare sector in the Developed economic region. Over 1,860 companies were considered in this analysis, and 1,792 had meaningful values. The average ebitda less capex interest coverage ratio of companies in the sector is -58.1x with a standard deviation of 225.2x.

Merck KGaA's EBITDA less CapEx Interest Coverage Ratio of 17.8x ranks in the 90.2% percentile for the sector. The following table provides additional summary stats:

EBITDA less CapEx Interest Coverage Ratio In The Healthcare Sector
Economic Risk RegionDeveloped
Total Constituents1,866
Included Constituents1,792
Min-2,035.1x
Max370.3x
Median-2.4x
Mean-58.1x
Standard Deviation225.2x

You can find companies with similar ebitda less capex interest coverage ratio using this stock screener.

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