Aptiv PLC (APTV)
Current ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 7,826,000 | 8,247,000 | 7,784,000 | 8,436,000 | 7,465,000 |
| Total current liabilities | US$ in thousands | 5,131,000 | 4,808,000 | 4,865,000 | 4,207,000 | 4,046,000 |
| Current ratio | 1.53 | 1.72 | 1.60 | 2.01 | 1.85 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $7,826,000K ÷ $5,131,000K
= 1.53
Based on the provided data, Aptiv PLC's current ratio has shown fluctuations over the past five years.
- As of December 31, 2020, the current ratio was 1.85, indicating that the company had $1.85 in current assets for every $1 in current liabilities.
- By December 31, 2021, the current ratio had improved to 2.01, suggesting a stronger liquidity position compared to the previous year.
- However, the ratio decreased to 1.60 as of December 31, 2022, potentially signaling a decrease in the company's ability to cover short-term obligations with current assets.
- The current ratio then increased to 1.72 by December 31, 2023, showing a recovery in liquidity.
- As of December 31, 2024, the ratio dropped to 1.53, indicating a potential decrease in liquidity or an increase in short-term liabilities relative to current assets.
Overall, while the current ratio fluctuated over the period, it generally remained above 1, suggesting that Aptiv PLC had sufficient current assets to cover its short-term liabilities. However, the declining trend observed in recent years may warrant further investigation into the company's liquidity management and financial health.
Peer comparison
Dec 31, 2024