AptarGroup Inc (ATR)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 600,000 | 600,000 | 868,700 | 900,000 | 1,100,000 |
| Total stockholders’ equity | US$ in thousands | 2,471,890 | 2,306,820 | 2,053,940 | 1,969,410 | 1,850,390 |
| Debt-to-capital ratio | 0.20 | 0.21 | 0.30 | 0.31 | 0.37 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $600,000K ÷ ($600,000K + $2,471,890K)
= 0.20
The debt-to-capital ratio for AptarGroup Inc has gradually decreased from 0.37 as of December 31, 2020, to 0.20 as of December 31, 2024. This indicates a positive trend, reflecting a lower reliance on debt financing compared to the company's capital structure over the years. A decreasing debt-to-capital ratio suggests that the company is becoming less leveraged and likely improving its financial health by reducing its debt burden relative to its total capital. This trend may signify improved financial stability and lower financial risk for AptarGroup Inc, enhancing its ability to weather economic downturns and invest in growth opportunities.
Peer comparison
Dec 31, 2024