NYSE:PRGOPharmaceuticals
How Will Perrigo's (PRGO) Rising Debt Shape Its Narrative Amid Strong Cash Flow?
Earlier this week, analysis revealed Perrigo Company plc holds a net debt of about US$3.22 billion, although it delivered a very large 158% increase in EBIT last year and continues to generate stable free cash flow.
While these strong earnings provide some confidence regarding debt management, concerns remain that any further rise in leverage could increase financial risks for Perrigo.
We'll explore how investor attention on the company's sizable net debt position may influence Perrigo's...