Aptiv PLC (APTV)

Debt-to-equity 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 stockholders’ equity	US$ in thousands	8,796,000	8,882,000	11,467,000	11,120,000	11,548,000	10,778,000	9,232,000	8,983,000	8,809,000	8,195,000	8,099,000	8,396,000	8,347,000	8,294,000	8,322,000	8,077,000	7,905,000	7,363,000	6,942,000	4,971,000
Debt-to-equity ratio		0.89	0.93	0.48	0.42	0.54	0.60	0.70	0.72	0.73	0.77	0.79	0.77	0.49	0.48	0.48	0.49	0.51	0.53	0.57	1.20

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $7,843,000K ÷ $8,796,000K
= 0.89

The debt-to-equity ratio of Aptiv PLC has shown a fluctuating trend over the past few years. Starting at 1.20 in March 2020, the ratio decreased to 0.57 in June 2020 and continued to decline to 0.51 by December 2020. Subsequently, the ratio stabilized around 0.50 from March 2021 to December 2021.

However, there was an increase in the debt-to-equity ratio in the following quarters, reaching 0.79 by June 2022 and 0.93 by September 2024. This indicates a higher reliance on debt compared to equity during these periods.

In the most recent data available, the debt-to-equity ratio decreased to 0.89 by December 2024, showing some improvement from the peak in September 2024. Overall, Aptiv PLC's debt-to-equity ratio has displayed variability, suggesting changes in the company's capital structure and leverage levels throughout the analyzed period.