Aptiv PLC (APTV)
Current ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 7,826,000 | 8,688,000 | 8,829,000 | 7,691,000 | 8,247,000 | 8,490,000 | 8,072,000 | 7,725,000 | 7,784,000 | 10,983,000 | 10,558,000 | 10,774,000 | 8,436,000 | 8,104,000 | 8,055,000 | 7,801,000 | 7,465,000 | 6,589,000 | 5,412,000 | 6,190,000 |
| Total current liabilities | US$ in thousands | 5,131,000 | 5,804,000 | 5,908,000 | 5,956,000 | 4,808,000 | 4,696,000 | 4,589,000 | 4,508,000 | 4,865,000 | 4,129,000 | 4,019,000 | 4,146,000 | 4,207,000 | 3,834,000 | 3,905,000 | 3,962,000 | 4,046,000 | 3,579,000 | 2,859,000 | 3,655,000 |
| Current ratio | 1.53 | 1.50 | 1.49 | 1.29 | 1.72 | 1.81 | 1.76 | 1.71 | 1.60 | 2.66 | 2.63 | 2.60 | 2.01 | 2.11 | 2.06 | 1.97 | 1.85 | 1.84 | 1.89 | 1.69 |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $7,826,000K ÷ $5,131,000K
= 1.53
The current ratio of Aptiv PLC has shown varying trends over the last few years. The current ratio measures the company's ability to cover its short-term liabilities with its short-term assets.
From March 31, 2020, to June 30, 2021, there was a consistent increase in the current ratio, indicating an improving liquidity position. This suggests that the company had more current assets to cover its current liabilities during this period.
However, from September 30, 2021, the current ratio started to fluctuate, reaching its peak at 2.66 on September 30, 2022. This indicates a strong ability to meet short-term obligations with current assets.
On December 31, 2022, there was a significant drop in the current ratio to 1.60, which may raise concerns about the company's liquidity position. The ratio improved slightly by March 31, 2023, but remained below the levels seen in the previous periods.
The current ratio continued to fluctuate between 1.29 and 1.81 from March 31, 2023, to December 31, 2024. These fluctuations suggest possible challenges in managing short-term liquidity and meeting current obligations.
Overall, while the current ratio has shown some improvement over the years, there have been periods of decline and volatility. It is essential for investors and analysts to closely monitor these trends to assess Aptiv PLC's ability to manage its short-term obligations effectively.
Peer comparison
Dec 31, 2024