AptarGroup Inc (ATR)
Debt-to-capital 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 | 600,000 | 775,500 | 614,500 | 621,200 | 600,000 | 517,300 | 801,100 | 828,900 | 868,700 | 900,000 | 1,200,000 | 1,200,000 | 900,000 | 900,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,100,000 | 1,000,000 |
| Total stockholders’ equity | US$ in thousands | 2,471,890 | 2,539,010 | 2,396,450 | 2,348,860 | 2,306,820 | 2,199,740 | 2,174,390 | 2,112,820 | 2,053,940 | 1,874,680 | 1,934,110 | 1,983,270 | 1,969,410 | 1,957,900 | 1,986,280 | 1,900,410 | 1,850,390 | 1,759,570 | 1,645,630 | 1,587,290 |
| Debt-to-capital ratio | 0.20 | 0.23 | 0.20 | 0.21 | 0.21 | 0.19 | 0.27 | 0.28 | 0.30 | 0.32 | 0.38 | 0.38 | 0.31 | 0.31 | 0.36 | 0.37 | 0.37 | 0.38 | 0.40 | 0.39 |
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 of AptarGroup Inc has shown a downward trend from 0.39 at March 31, 2020, to 0.20 at December 31, 2024. This ratio indicates the proportion of debt in the company's capital structure. A decreasing trend in the ratio suggests that AptarGroup has been reducing its reliance on debt financing relative to its capital over the years, which could indicate improved financial stability and lower financial risk. Lower debt-to-capital ratios are typically viewed positively by investors and creditors as they imply a stronger financial position and reduced exposure to financial distress. However, it is essential to consider the overall financial strategy and objectives of the company when interpreting this ratio.
Peer comparison
Dec 31, 2024