Perrigo Company PLC (PRGO)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 9,647,700 | 10,809,100 | 11,017,300 | 10,425,700 | 11,488,400 |
| Total stockholders’ equity | US$ in thousands | 4,319,400 | 4,767,900 | 4,842,100 | 5,151,700 | 5,655,100 |
| Financial leverage ratio | 2.23 | 2.27 | 2.28 | 2.02 | 2.03 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $9,647,700K ÷ $4,319,400K
= 2.23
The financial leverage ratio of Perrigo Company PLC has been relatively stable over the past five years, ranging between 2.02 and 2.28. This indicates that the company relies on a moderate level of debt to finance its operations and investments compared to its equity. The slight fluctuations in the ratio suggest that the company's capital structure has remained fairly consistent, with only minor changes in its debt levels relative to equity. Overall, the company's financial leverage appears to be well-managed and within reasonable levels, providing a balanced approach to funding its activities.
Peer comparison
Dec 31, 2024