Amphenol Corporation (APH)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.29 | 0.25 | 0.26 | 0.20 | 0.23 | 0.22 | 0.24 | 0.28 | 0.27 | 0.29 | 0.30 | 0.32 | 0.34 | 0.35 | 0.34 | 0.33 | 0.33 | 0.34 | 0.36 | 0.38 |
| Debt-to-capital ratio | 0.39 | 0.34 | 0.35 | 0.27 | 0.31 | 0.31 | 0.32 | 0.37 | 0.37 | 0.40 | 0.41 | 0.43 | 0.44 | 0.47 | 0.47 | 0.44 | 0.43 | 0.44 | 0.46 | 0.51 |
| Debt-to-equity ratio | 0.64 | 0.53 | 0.53 | 0.38 | 0.45 | 0.45 | 0.48 | 0.58 | 0.60 | 0.66 | 0.70 | 0.75 | 0.79 | 0.88 | 0.88 | 0.80 | 0.75 | 0.78 | 0.85 | 1.05 |
| Financial leverage ratio | 2.19 | 2.07 | 2.07 | 1.93 | 1.98 | 2.01 | 2.03 | 2.10 | 2.18 | 2.30 | 2.32 | 2.31 | 2.33 | 2.51 | 2.55 | 2.40 | 2.29 | 2.33 | 2.36 | 2.75 |
Amphenol Corporation's solvency ratios have shown a positive trend over the years. The Debt-to-assets ratio has decreased from 0.38 in March 2020 to 0.29 in September 2022 before slightly increasing to 0.29 in December 2024. This indicates that the company has been effectively managing its debt levels in relation to its total assets.
Similarly, the Debt-to-capital ratio has declined from 0.51 in March 2020 to 0.27 in March 2024 before slightly increasing to 0.39 in December 2024. This downward trend suggests that the company has been reducing its reliance on debt to finance its operations and investments.
The Debt-to-equity ratio has also exhibited a decreasing pattern, dropping from 1.05 in March 2020 to 0.38 in March 2024. This signifies that the company has been reducing its debt relative to its equity, which is a positive sign of financial health and stability.
Additionally, the Financial leverage ratio has decreased consistently from 2.75 in March 2020 to 2.19 in December 2024. This indicates that the company has been reducing its financial leverage over time, which is a good indicator of lower financial risk and improved solvency.
Overall, Amphenol Corporation's solvency ratios reflect a prudent approach to managing its debt levels and financial leverage, positioning the company in a strong solvency position.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 14.61 | 15.73 | 16.90 | 18.93 | 18.47 | 17.99 | 18.21 | 18.97 | 20.09 | 20.93 | 20.72 | 19.49 | 18.32 | 17.40 | 16.65 | 15.44 | 14.15 | 13.69 | 12.87 | 13.25 |
Amphenol Corporation's interest coverage has exhibited a generally positive trend over the period from March 31, 2020, to December 31, 2024. The interest coverage ratio, a measure of the company's ability to meet its interest obligations from operating income, has consistently improved during this period.
Starting at 13.25 on March 31, 2020, the interest coverage ratio increased steadily, reaching a peak of 20.93 on September 30, 2022. However, there was a slight decrease in the ratio to 14.61 on December 31, 2024.
The company's interest coverage ratio indicates a strong ability to cover its interest expenses with operating income. An increasing trend in the interest coverage ratio reflects the company's improving financial health and its capacity to meet debt obligations comfortably.
The relatively high and stable interest coverage ratio of Amphenol Corporation suggests that the company has a healthy financial position and is effectively managing its debt obligations.