AptarGroup Inc (ATR)
Debt-to-equity 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-equity ratio | 0.24 | 0.26 | 0.42 | 0.46 | 0.59 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $600,000K ÷ $2,471,890K
= 0.24
AptarGroup Inc's debt-to-equity ratio has shown a declining trend over the past five years, indicating improved financial leverage and a stronger financial position. The ratio decreased from 0.59 in December 2020 to 0.24 in December 2024. This declining trend suggests that the company has been reducing its reliance on debt to finance its operations and has been progressively increasing its equity component. A lower debt-to-equity ratio signifies a lower level of financial risk and often indicates more stable and sustainable operations. Overall, AptarGroup Inc's decreasing debt-to-equity ratio signals improved financial health and prudent capital management over the years.
Peer comparison
Dec 31, 2024