Perrigo Financial Health
How is Perrigo's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: PRGO's short term assets ($2.7B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: PRGO's short term assets ($2.7B) do not cover its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: PRGO's net debt to equity ratio (74.5%) is considered high.
Reducing Debt: PRGO's debt to equity ratio has increased from 60.4% to 84.6% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PRGO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRGO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 32.8% per year.