Perrigo Company PLC (PRGO)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 4,319,400 | 4,767,900 | 4,842,100 | 5,151,700 | 5,655,100 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $4,319,400K
= 0.00
Based on the data provided, Perrigo Company PLC has consistently maintained a debt-to-equity ratio of 0.00 over the past five years (from December 31, 2020, to December 31, 2024). A debt-to-equity ratio of 0.00 indicates that the company has no debt in its capital structure and relies solely on equity financing. This suggests that Perrigo Company PLC has a conservative financial structure with minimal risk associated with debt obligations. However, it is important to note that a zero debt-to-equity ratio may also imply missed opportunities for leveraging debt for potential growth or tax benefits. Overall, the company's consistent low debt-to-equity ratio reflects a prudent approach to financial management, although a diversified capital structure could offer alternative advantages.
Peer comparison
Dec 31, 2024