Perrigo Balance Sheet Health
Financial Health criteria checks 3/6
Perrigo has a total shareholder equity of $4.4B and total debt of $3.6B, which brings its debt-to-equity ratio to 83.5%. Its total assets and total liabilities are $9.8B and $5.4B respectively. Perrigo's EBIT is $478.2M making its interest coverage ratio 2.2. It has cash and short-term investments of $409.9M.
Key information
83.52%
Debt to equity ratio
US$3.64b
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$409.90m |
| Equity | US$4.36b |
| Total liabilities | US$5.40b |
| Total assets | US$9.76b |
Recent financial health updates
Is Perrigo (NYSE:PRGO) A Risky Investment?
Apr 28
Is Perrigo (NYSE:PRGO) A Risky Investment?
Dec 06These 4 Measures Indicate That Perrigo (NYSE:PRGO) Is Using Debt Extensively
May 29These 4 Measures Indicate That Perrigo (NYSE:PRGO) Is Using Debt Extensively
Feb 01Recent updates
Insufficient Growth At Perrigo Company plc (NYSE:PRGO) Hampers Share Price
Jun 25
Americas Awards And Supply Chain Savings Will Fuel Future Performance
Strategic investments in OTC brands and enhanced supply chain efficiencies are poised to improve Perrigo's operating margins and revenue growth.Is Perrigo (NYSE:PRGO) A Risky Investment?
Apr 28Perrigo: Opill Shows Where The Company Wants To Be
Apr 24Perrigo's (NYSE:PRGO) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 28Improved Revenues Required Before Perrigo Company plc (NYSE:PRGO) Shares Find Their Feet
Feb 06Perrigo Paves The Way For Recovery With Margin Focus
Jan 28Perrigo: A Consumer Health Company Close To An Inflection Point
Jan 20Is Perrigo (NYSE:PRGO) A Risky Investment?
Dec 06Perrigo Company: Great Combination Of Future Growth With A Low Valuation
Nov 19Perrigo (NYSE:PRGO) Has Announced A Dividend Of $0.276
Nov 07Improved Revenues Required Before Perrigo Company plc (NYSE:PRGO) Shares Find Their Feet
Oct 18Perrigo (NYSE:PRGO) Is Due To Pay A Dividend Of $0.276
Aug 21The Play On Perrigo
Aug 16Perrigo (NYSE:PRGO) Has Announced A Dividend Of $0.276
Aug 07Improved Revenues Required Before Perrigo Company plc (NYSE:PRGO) Shares Find Their Feet
Jul 03These 4 Measures Indicate That Perrigo (NYSE:PRGO) Is Using Debt Extensively
May 29Benign Growth For Perrigo Company plc (NYSE:PRGO) Underpins Its Share Price
Mar 27These 4 Measures Indicate That Perrigo (NYSE:PRGO) Is Using Debt Extensively
Feb 01The Market Doesn't Like What It Sees From Perrigo Company plc's (NYSE:PRGO) Revenues Yet
Dec 28Perrigo's New Chapter: Its Bold Turnaround Plan Is Worth Buying
Nov 15The Prognosis For Perrigo
Aug 30Perrigo Outlook Healed By Repositioning
Jun 12Financial Position Analysis
Short Term Liabilities: PRGO's short term assets ($2.5B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: PRGO's short term assets ($2.5B) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: PRGO's net debt to equity ratio (74.1%) is considered high.
Reducing Debt: PRGO's debt to equity ratio has increased from 59.7% to 83.5% over the past 5 years.
Balance Sheet
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 4.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/30 13:50 |
| End of Day Share Price | 2025/06/27 00:00 |
| Earnings | 2025/03/29 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Perrigo Company plc is covered by 37 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jasper Hellweg | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Douglas Tsao | Barclays |