Aptiv PLC (APTV)
Debt-to-assets 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 7,843,000 | 8,283,000 | 5,504,000 | 4,721,000 | 6,204,000 | 6,419,000 | 6,476,000 | 6,473,000 | 6,460,000 | 6,336,000 | 6,433,000 | 6,503,000 | 4,059,000 | 4,000,000 | 4,031,000 | 3,946,000 | 4,011,000 | 3,935,000 | 3,946,000 | 5,964,000 |
| Total assets | US$ in thousands | 23,458,000 | 24,766,000 | 24,751,000 | 23,644,000 | 24,427,000 | 23,711,000 | 22,098,000 | 21,716,000 | 21,884,000 | 19,971,000 | 19,908,000 | 20,404,000 | 18,007,000 | 17,651,000 | 17,780,000 | 17,476,000 | 17,522,000 | 16,444,000 | 15,280,000 | 16,167,000 |
| Debt-to-assets ratio | 0.33 | 0.33 | 0.22 | 0.20 | 0.25 | 0.27 | 0.29 | 0.30 | 0.30 | 0.32 | 0.32 | 0.32 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.24 | 0.26 | 0.37 |
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 of Aptiv PLC has shown a decreasing trend from March 31, 2020, to December 31, 2024, starting at 0.37 and declining to 0.33. This ratio indicates the proportion of the company's assets financed by debt, with lower values suggesting less reliance on debt for funding its assets.
The ratio decreased steadily from 0.37 in March 2020 to 0.23 in December 2021, indicating a reduction in debt relative to total assets during this period. However, the ratio saw a slight increase to 0.32 in March 2022 and fluctuated around this level until reaching 0.20 in March 2024.
The ratio then increased to 0.33 by the end of December 2024, showing a reversal in the decreasing trend observed earlier. This increase may suggest a higher proportion of debt financing relative to total assets at the end of 2024 compared to the previous periods.
Overall, the trend in Aptiv PLC's debt-to-assets ratio reflects varying levels of debt utilization to finance its assets over the analyzed period, with fluctuations indicating potential changes in the company's capital structure and financial leverage.
Peer comparison
Dec 31, 2024