AptarGroup Inc (ATR)
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 | 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-equity ratio | 0.24 | 0.31 | 0.26 | 0.26 | 0.26 | 0.24 | 0.37 | 0.39 | 0.42 | 0.48 | 0.62 | 0.61 | 0.46 | 0.46 | 0.55 | 0.58 | 0.59 | 0.63 | 0.67 | 0.63 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $600,000K ÷ $2,471,890K
= 0.24
Based on the data provided, AptarGroup Inc's debt-to-equity ratio has shown a decreasing trend from March 31, 2020, to December 31, 2024. The ratio decreased steadily from 0.63 in March 2020 to 0.24 by December 31, 2024.
A decreasing debt-to-equity ratio indicates that the company is relying less on debt financing relative to equity financing, which can be viewed positively as it signifies a stronger financial position and lower financial risk.
The downward trend in the debt-to-equity ratio suggests that AptarGroup Inc has been managing its debt levels effectively, potentially reducing interest expenses and improving overall financial stability. Overall, the declining trend in the debt-to-equity ratio reflects a favorable financial position for the company.
Peer comparison
Dec 31, 2024