Abbott Laboratories (NYSEABT) Could Easily Take On More Debt

Image for article Abbott Laboratories (NYSEABT) Could Easily Take On More Debt
News Source : Yahoo Entertainment

News Summary

  • Debt is a tool to help businesses grow, but if a business is incapable of paying off its lenders, then it exists at their mercy.
  • Abbott Laboratories had US$13.5b of debt at June 2025, down from US$14.8b a year prior.
  • It has a cash reserve of US$7.28b, so its net debt is less, at about US$6.19b.
  • The company's interest cover ratio suggests it can handle its debt as easily as Cristiano Ronaldo could score a goal against an under 14's goalkeeper.
Warren Buffett famously said, Volatility is far from synonymous with risk. So it seems the smart money knows that debt which is usually involved in bankruptcies is a very important factor, when [+5245 chars]

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