Perrigo Current Ratio from 2010 to 2024

PRGO Stock  USD 32.66  0.15  0.46%   
Perrigo Company Current Ratio yearly trend continues to be very stable with very little volatility. Current Ratio is likely to grow to 2.49 this year. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
1.78585387
Current Value
2.49
Quarterly Volatility
0.30151123
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Perrigo Company financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Perrigo main balance sheet or income statement drivers, such as Depreciation And Amortization of 181.6 M, Interest Expense of 182.5 M or Total Revenue of 2.7 B, as well as many exotic indicators such as Price To Sales Ratio of 0.89, Dividend Yield of 0.0361 or PTB Ratio of 0.87. Perrigo financial statements analysis is a perfect complement when working with Perrigo Company Valuation or Volatility modules.
  
This module can also supplement Perrigo Company's financial leverage analysis and stock options assessment as well as various Perrigo Company Technical models . Check out the analysis of Perrigo Company Correlation against competitors.

Latest Perrigo Company's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Perrigo Company PLC over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Perrigo Company's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Perrigo Company's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.61 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Perrigo Current Ratio Regression Statistics

Arithmetic Mean1.99
Geometric Mean1.96
Coefficient Of Variation15.19
Mean Deviation0.24
Median1.88
Standard Deviation0.30
Sample Variance0.09
Range0.9623
R-Value0.60
Mean Square Error0.06
R-Squared0.36
Significance0.02
Slope0.04
Total Sum of Squares1.27

Perrigo Current Ratio History

2024 2.49
2023 1.79
2022 2.44
2021 2.43
2020 2.27
2019 2.06
2018 1.89

About Perrigo Company Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Perrigo Company income statement, its balance sheet, and the statement of cash flows. Perrigo Company investors use historical funamental indicators, such as Perrigo Company's Current Ratio, to determine how well the company is positioned to perform in the future. Although Perrigo Company investors may use each financial statement separately, they are all related. The changes in Perrigo Company's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Perrigo Company's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Perrigo Company Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Perrigo Company. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 1.79  2.49 

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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:
Check out the analysis of Perrigo Company Correlation against competitors.
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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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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.