Perrigo Short Term Investments vs Net Debt Analysis

PRGO Stock

USD 31.94 0.67 2.14%

Perrigo Company financial indicator trend analysis is much more than just breaking down Perrigo Company prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Perrigo Company is a good investment. Please check the relationship between Perrigo Company Short Term Investments and its Net Debt accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perrigo Company PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Short Term Investments vs Net Debt

Short Term Investments vs Net Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Perrigo Company Short Term Investments account and Net Debt. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Perrigo Company's Short Term Investments and Net Debt is -0.3. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Net Debt in the same time period over historical financial statements of Perrigo Company PLC, assuming nothing else is changed. The correlation between historical values of Perrigo Company's Short Term Investments and Net Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of Perrigo Company PLC are associated (or correlated) with its Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Short Term Investments i.e., Perrigo Company's Short Term Investments and Net Debt go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of Perrigo Company balance sheet. It contains any investments Perrigo Company PLC undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Perrigo Company can easily liquidate in the marketplace.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Most indicators from Perrigo Company's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Perrigo Company current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perrigo Company PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

At this time, Perrigo Company's Tax Provision is very stable compared to the past year. As of the 27th of April 2024, Enterprise Value Over EBITDA is likely to grow to 13.54, while Selling General Administrative is likely to drop about 388.2 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.4B	1.5B	1.7B	921.9M
Total Revenue	4.1B	4.5B	4.7B	2.7B

Gross Profit Total Revenue

Perrigo Company fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Retained Earnings	Intangible Assets	Short Term Investments	Common Stock	Other Assets
Total Assets		0.79	0.48	0.69	0.96	0.68	0.75	0.79	0.36	0.99	0.53	0.37	0.85	0.8	0.88	0.38	0.43	-0.01	0.86	0.76	0.12	0.04	0.88	-0.4	0.89	0.24
Short Long Term Debt Total	0.79		0.67	0.91	0.65	0.67	0.96	0.56	0.28	0.77	0.46	0.28	0.68	0.82	0.97	0.68	0.48	0.07	0.98	0.67	0.5	-0.35	0.57	-0.43	0.8	0.41
Other Current Liab	0.48	0.67		0.71	0.42	0.39	0.75	0.34	-0.26	0.5	0.55	-0.26	0.55	0.62	0.66	0.59	0.32	-0.43	0.69	0.26	0.2	-0.43	0.35	-0.33	0.59	0.28
Total Current Liabilities	0.69	0.91	0.71		0.56	0.67	0.84	0.47	0.39	0.64	0.69	0.39	0.68	0.87	0.85	0.75	0.64	0.02	0.91	0.74	0.61	-0.5	0.4	-0.52	0.8	0.38
Total Stockholder Equity	0.96	0.65	0.42	0.56		0.54	0.61	0.79	0.34	0.97	0.48	0.34	0.79	0.66	0.77	0.24	0.31	-0.08	0.74	0.66	0.02	0.21	0.94	-0.38	0.82	0.12
Property Plant And Equipment Net	0.68	0.67	0.39	0.67	0.54		0.59	0.6	0.48	0.6	0.61	0.48	0.65	0.86	0.67	0.8	0.69	0.36	0.69	0.89	0.17	-0.41	0.34	-0.69	0.76	0.38
Net Debt	0.75	0.96	0.75	0.84	0.61	0.59		0.53	0.02	0.76	0.41	0.03	0.7	0.78	0.95	0.6	0.4	-0.08	0.95	0.52	0.36	-0.35	0.55	-0.3	0.77	0.44
Accounts Payable	0.79	0.56	0.34	0.47	0.79	0.6	0.53		0.29	0.78	0.35	0.3	0.68	0.58	0.66	0.34	0.28	0.0	0.63	0.62	-0.05	0.17	0.73	-0.51	0.64	0.12
Cash	0.36	0.28	-0.26	0.39	0.34	0.48	0.02	0.29		0.27	0.27	1.0	0.16	0.36	0.24	0.31	0.42	0.58	0.28	0.73	0.49	0.0	0.21	-0.5	0.34	-0.02
Non Current Assets Total	0.99	0.77	0.5	0.64	0.97	0.6	0.76	0.78	0.27		0.47	0.27	0.83	0.74	0.87	0.3	0.35	-0.08	0.84	0.67	0.07	0.1	0.92	-0.32	0.86	0.22
Non Currrent Assets Other	0.53	0.46	0.55	0.69	0.48	0.61	0.41	0.35	0.27	0.47		0.27	0.71	0.81	0.45	0.53	0.73	-0.01	0.51	0.68	0.16	-0.55	0.21	-0.38	0.77	0.23
Cash And Short Term Investments	0.37	0.28	-0.26	0.39	0.34	0.48	0.03	0.3	1.0	0.27	0.27		0.16	0.36	0.24	0.31	0.41	0.58	0.28	0.73	0.49	0.0	0.22	-0.5	0.34	-0.02
Net Receivables	0.85	0.68	0.55	0.68	0.79	0.65	0.7	0.68	0.16	0.83	0.71	0.16		0.82	0.74	0.38	0.46	-0.24	0.75	0.72	-0.03	-0.09	0.63	-0.41	0.81	0.36
Common Stock Shares Outstanding	0.8	0.82	0.62	0.87	0.66	0.86	0.78	0.58	0.36	0.74	0.81	0.36	0.82		0.81	0.7	0.78	0.16	0.85	0.86	0.3	-0.52	0.44	-0.49	0.94	0.39
Non Current Liabilities Total	0.88	0.97	0.66	0.85	0.77	0.67	0.95	0.66	0.24	0.87	0.45	0.24	0.74	0.81		0.63	0.43	0.03	0.99	0.67	0.31	-0.2	0.72	-0.44	0.82	0.34
Inventory	0.38	0.68	0.59	0.75	0.24	0.8	0.6	0.34	0.31	0.3	0.53	0.31	0.38	0.7	0.63		0.61	0.3	0.67	0.64	0.37	-0.62	0.08	-0.74	0.55	0.36
Other Current Assets	0.43	0.48	0.32	0.64	0.31	0.69	0.4	0.28	0.42	0.35	0.73	0.41	0.46	0.78	0.43	0.61		0.43	0.48	0.73	0.34	-0.66	0.05	-0.4	0.7	0.27
Other Stockholder Equity	-0.01	0.07	-0.43	0.02	-0.08	0.36	-0.08	0.0	0.58	-0.08	-0.01	0.58	-0.24	0.16	0.03	0.3	0.43		0.03	0.35	0.2	-0.28	-0.15	-0.23	0.11	-0.12
Total Liab	0.86	0.98	0.69	0.91	0.74	0.69	0.95	0.63	0.28	0.84	0.51	0.28	0.75	0.85	0.99	0.67	0.48	0.03		0.7	0.38	-0.27	0.67	-0.47	0.84	0.36
Total Current Assets	0.76	0.67	0.26	0.74	0.66	0.89	0.52	0.62	0.73	0.67	0.68	0.73	0.72	0.86	0.67	0.64	0.73	0.35	0.7		0.31	-0.25	0.45	-0.67	0.79	0.29
Short Term Debt	0.12	0.5	0.2	0.61	0.02	0.17	0.36	-0.05	0.49	0.07	0.16	0.49	-0.03	0.3	0.31	0.37	0.34	0.2	0.38	0.31		-0.44	-0.08	-0.14	0.26	0.19
Retained Earnings	0.04	-0.35	-0.43	-0.5	0.21	-0.41	-0.35	0.17	0.0	0.1	-0.55	0.0	-0.09	-0.52	-0.2	-0.62	-0.66	-0.28	-0.27	-0.25	-0.44		0.43	0.07	-0.38	-0.39
Intangible Assets	0.88	0.57	0.35	0.4	0.94	0.34	0.55	0.73	0.21	0.92	0.21	0.22	0.63	0.44	0.72	0.08	0.05	-0.15	0.67	0.45	-0.08	0.43		-0.25	0.63	-0.01
Short Term Investments	-0.4	-0.43	-0.33	-0.52	-0.38	-0.69	-0.3	-0.51	-0.5	-0.32	-0.38	-0.5	-0.41	-0.49	-0.44	-0.74	-0.4	-0.23	-0.47	-0.67	-0.14	0.07	-0.25		-0.37	0.01
Common Stock	0.89	0.8	0.59	0.8	0.82	0.76	0.77	0.64	0.34	0.86	0.77	0.34	0.81	0.94	0.82	0.55	0.7	0.11	0.84	0.79	0.26	-0.38	0.63	-0.37		0.34
Other Assets	0.24	0.41	0.28	0.38	0.12	0.38	0.44	0.12	-0.02	0.22	0.23	-0.02	0.36	0.39	0.34	0.36	0.27	-0.12	0.36	0.29	0.19	-0.39	-0.01	0.01	0.34

Click cells to compare fundamentals

Perrigo Company Account Relationship Matchups

Perrigo Company fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	11.3B	11.5B	10.4B	11.0B	10.8B	5.7B
Short Long Term Debt Total	3.4B	3.6B	3.5B	4.1B	4.1B	4.3B
Other Current Liab	812.2M	800.4M	32.9M	533M	1.1B	1.2B
Total Current Liabilities	1.3B	1.4B	1.6B	1.1B	1.6B	1.7B
Total Stockholder Equity	5.8B	5.7B	5.2B	4.8B	4.8B	2.9B
Property Plant And Equipment Net	1.0B	1.2B	1.0B	1.1B	1.1B	560.8M
Net Debt	3.0B	2.9B	1.7B	3.5B	3.3B	3.5B
Accounts Payable	520.2M	543.8M	411.2M	537.3M	477.7M	303.4M
Cash	354.3M	641.5M	1.9B	600.7M	751.3M	377.1M
Non Current Assets Total	8.5B	8.4B	6.6B	8.3B	8.0B	4.2B
Non Currrent Assets Other	379.6M	292M	308M	158.3M	242.9M	190.3M
Cash And Short Term Investments	354.3M	641.5M	1.9B	600.7M	751.3M	384.3M
Net Receivables	1.2B	1.1B	652.9M	697.1M	739.6M	520.0M
Common Stock Shares Outstanding	136.5M	136.1M	133.6M	134.5M	135.3M	109.0M
Liabilities And Stockholders Equity	11.3B	11.5B	10.4B	11.0B	10.8B	5.7B
Non Current Liabilities Total	4.2B	4.5B	3.7B	5.1B	4.5B	4.7B
Inventory	967.3M	1.2B	1.0B	1.2B	1.1B	1.2B
Other Current Assets	192.1M	237.6M	321.9M	271.8M	201.1M	109.6M
Other Stockholder Equity	400K	395M	7.0B	6.9B	(135.5M)	(128.7M)
Total Liab	5.5B	5.8B	5.3B	6.2B	6.0B	6.3B
Total Current Assets	2.8B	3.1B	3.9B	2.7B	2.8B	1.6B
Short Term Debt	3.4M	37.8M	603.8M	36.2M	440.6M	462.6M
Retained Earnings	(1.7B)	(1.9B)	(1.9B)	(2.1B)	(2.1B)	(2.0B)
Intangible Assets	2.9B	3.0B	2.1B	3.2B	3.0B	1.8B
Short Term Investments	6.6M	2.5M	400K	100K	90K	85.5K
Accumulated Other Comprehensive Income	139.4M	395M	35.5M	(27M)	10.7M	10.2M
Common Stock	7.4B	7.1B	7.0B	6.9B	6.8B	3.6B
Other Assets	357.4M	3.6B	384M	240.2M	276.2M	524.2M
Good Will	4.2B	3.8B	3.0B	3.5B	3.5B	2.1B
Property Plant Equipment	902.8M	996M	1.0B	1.2B	1.3B	1.4B
Other Liab	694M	923M	769.4M	801.7M	922.0M	968.1M
Common Stock Total Equity	7.4B	7.4B	7.1B	7.0B	8.1B	5.8B
Long Term Debt	3.4B	3.5B	2.9B	4.1B	3.6B	2.8B
Net Tangible Assets	2.9B	2.7B	900K	(1.9B)	(1.7B)	(1.7B)
Deferred Long Term Liab	282.3M	280.6M	279.3M	239.3M	215.4M	204.6M
Short Long Term Debt	3.4M	37.8M	603.8M	36.2M	440.6M	428.7M

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When determining whether Perrigo Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perrigo Company's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perrigo Company Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perrigo Company Plc Stock:

How To Invest In Perrigo

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Is Perrigo Stock a good investment?

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What is Perrigo Company's Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Perrigo Company PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Note that the Perrigo Company information on this page should be used as a complementary analysis to other Perrigo Company's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Perrigo Company's price analysis, check to measure Perrigo Company's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Perrigo Company is operating at the current time. Most of Perrigo Company's value examination focuses on studying past and present price action to predict the probability of Perrigo Company's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Perrigo Company's price. Additionally, you may evaluate how the addition of Perrigo Company to your portfolios can decrease your overall portfolio volatility.

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Is Perrigo Company's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Perrigo Company. If investors know Perrigo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Perrigo Company listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.64)

Dividend Share

1.092

Earnings Share

(0.03)

Revenue Per Share

34.409

Quarterly Revenue Growth

0.001

The market value of Perrigo Company is measured differently than its book value, which is the value of Perrigo that is recorded on the company's balance sheet. Investors also form their own opinion of Perrigo Company's value that differs from its market value or its book value, called intrinsic value, which is Perrigo Company's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Perrigo Company's market value can be influenced by many factors that don't directly affect Perrigo Company's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Perrigo Company's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perrigo Company is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perrigo Company's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Perrigo Short Term Investments vs Net Debt Analysis

Short Term Investments vs Net Debt

Short Term Investments vs Net Debt Correlation Analysis

Correlation Coefficient

Short Term Investments

Net Debt

Perrigo Company fundamental ratios Correlations

Perrigo Company Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Perrigo Company fundamental ratios Accounts

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Build Optimal Portfolios

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Complementary Tools for Perrigo Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.99	Non Current Liabilities Total
Total Liab	+ 0.98	Short Long Term Debt Total
Non Current Liabilities Total	+ 0.97	Short Long Term Debt Total
Non Current Assets Total	+ 0.97	Total Stockholder Equity

Short Term Investments	- 0.74	Inventory
Short Term Investments	- 0.69	Property Plant And Equipment Net
Short Term Investments	- 0.67	Total Current Assets
Retained Earnings	- 0.66	Other Current Assets
Retained Earnings	- 0.62	Inventory
Retained Earnings	- 0.55	Non Currrent Assets Other