My investments are speculative and riskey but I always enjoy the sobering message Madamswer brings to the table. This forum should not look at contributors as adversaries, just because of unalighned invesment focus. Accep our differences. Reflecting on alternative views broadens the mind, close your mind and wither!
I googled debt Mallinckrodt PLC and found this:
Mallinckrodt PLC's long-term debt for the quarter that ended in Dec. 2016 was $5,881 Mil. Mallinckrodt PLC's total assets for the quarter that ended in Dec. 2016 was $15,206 Mil. Mallinckrodt PLC's long-term debt to total assets ratio for the quarter that ended in Dec. 2016 was 0.39.
Mallinckrodt PLC's long-term debt to total assets ratiodeclined from Dec. 2015 (0.40) to Dec. 2016 (0.39). It may suggest that Mallinckrodt PLC is progressively becoming less dependent on debt to grow their business.
(ref https://www.gurufocus.com/term/Long-Term Debt/MNK/Long-Term-Debt/Mallinckrodt-PLC)
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