Merck & Company Inc (MRK) — Cash Flow-to-Debt Ratio
Merck & Company Inc (MRK) has a Cash Flow-to-Debt Ratio of 0.10x as of September 2025, meaning its operating cash flow of $7.82 Billion could theoretically repay 0% of its total liabilities ($77.64 Billion) in one year. See MRK free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Merck & Company Inc Cash Flow-to-Debt Ratio (1989–2024)
Historical debt coverage capacity for Merck & Company Inc across 36 annual periods. Also explore net asset growth rate of Merck & Company Inc to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Merck & Company Inc (1989–2024)
Year-by-year debt coverage analysis for Merck & Company Inc. For market capitalisation and broader financial context, see Merck & Company Inc (MRK) total market value.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.30x | $21.47 Billion | $70.73 Billion | ▲ +61.1% |
| 2023 | 0.19x | $13.01 Billion | $69.04 Billion | ▼ -37.7% |
| 2022 | 0.30x | $19.09 Billion | $63.10 Billion | ▲ +44.6% |
| 2021 | 0.21x | $14.11 Billion | $67.44 Billion | ▲ +35.1% |
| 2020 | 0.15x | $10.25 Billion | $66.18 Billion | ▼ -32.7% |
| 2019 | 0.23x | $13.44 Billion | $58.40 Billion | ▲ +17.5% |
| 2018 | 0.20x | $10.92 Billion | $55.76 Billion | ▲ +62.0% |
| 2017 | 0.12x | $6.45 Billion | $53.30 Billion | ▼ -35.8% |
| 2016 | 0.19x | $10.38 Billion | $55.07 Billion | ▼ -13.7% |
| 2015 | 0.22x | $12.42 Billion | $56.91 Billion | ▲ +37.1% |
| 2014 | 0.16x | $7.86 Billion | $49.38 Billion | ▼ -27.2% |
| 2013 | 0.22x | $11.65 Billion | $53.32 Billion | ▲ +10.5% |
| 2012 | 0.20x | $10.02 Billion | $50.67 Billion | ▼ -23.0% |
| 2011 | 0.26x | $12.38 Billion | $48.19 Billion | ▲ +16.3% |
| 2010 | 0.22x | $10.82 Billion | $48.98 Billion | ▲ +231.1% |
| 2009 | 0.07x | $3.39 Billion | $50.83 Billion | ▼ -73.6% |
| 2008 | 0.25x | $6.57 Billion | $26.03 Billion | ▲ +0.1% |
| 2007 | 0.25x | $7.00 Billion | $27.76 Billion | ▼ -8.3% |
| 2006 | 0.27x | $6.77 Billion | $24.60 Billion | ▼ -11.6% |
| 2005 | 0.31x | $7.61 Billion | $24.46 Billion | ▼ -19.1% |
| 2004 | 0.38x | $8.80 Billion | $22.88 Billion | ▼ -17.7% |
| 2003 | 0.47x | $9.86 Billion | $21.10 Billion | ▲ +19.9% |
| 2002 | 0.39x | $9.53 Billion | $24.43 Billion | ▼ -0.6% |
| 2001 | 0.39x | $9.08 Billion | $23.13 Billion | ▲ +2.4% |
| 2000 | 0.38x | $7.69 Billion | $20.06 Billion | ▲ +18.4% |
| 1999 | 0.32x | $6.13 Billion | $18.93 Billion | ▼ -6.7% |
| 1998 | 0.35x | $5.33 Billion | $15.35 Billion | ▼ -34.2% |
| 1997 | 0.53x | $6.32 Billion | $11.98 Billion | ▼ -2.7% |
| 1996 | 0.54x | $5.43 Billion | $10.01 Billion | ▲ +80.6% |
| 1995 | 0.30x | $2.94 Billion | $9.81 Billion | ▼ -31.1% |
| 1994 | 0.44x | $4.14 Billion | $9.51 Billion | ▲ +25.1% |
| 1993 | 0.35x | $3.05 Billion | $8.76 Billion | ▼ -24.2% |
| 1992 | 0.46x | $2.50 Billion | $5.46 Billion | ▼ -24.8% |
| 1991 | 0.61x | $2.43 Billion | $3.99 Billion | ▲ +8.3% |
| 1990 | 0.56x | $2.06 Billion | $3.65 Billion | ▲ +11.3% |
| 1989 | 0.51x | $1.38 Billion | $2.73 Billion | — |