Aptiv PLC (APTV)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 7,843,000 | 6,204,000 | 6,460,000 | 4,059,000 | 4,011,000 |
| Total assets | US$ in thousands | 23,458,000 | 24,427,000 | 21,884,000 | 18,007,000 | 17,522,000 |
| Debt-to-assets ratio | 0.33 | 0.25 | 0.30 | 0.23 | 0.23 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $7,843,000K ÷ $23,458,000K
= 0.33
The debt-to-assets ratio for Aptiv PLC has shown some fluctuation over the past five years. As of December 31, 2020, the ratio was 0.23, and it remained stable at the same level in 2021. However, in 2022, there was a slight increase to 0.30, indicating a higher proportion of debt relative to total assets. This was followed by a decrease in 2023 to 0.25, suggesting better debt management or an increase in asset base. By December 31, 2024, the ratio rose to 0.33, signaling a higher reliance on debt funding compared to the total assets. Overall, the trend highlights the importance of monitoring the company's debt levels in relation to its asset base to assess its financial health and risk exposure.
Peer comparison
Dec 31, 2024