AptarGroup Inc (ATR)

Financial leverage ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Total assets	US$ in thousands	4,432,280	4,451,890	4,203,460	4,141,360	3,990,050
Total stockholders’ equity	US$ in thousands	2,471,890	2,306,820	2,053,940	1,969,410	1,850,390
Financial leverage ratio		1.79	1.93	2.05	2.10	2.16

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,432,280K ÷ $2,471,890K
= 1.79

The financial leverage ratio of AptarGroup Inc has decreased over the past five years, indicating an improvement in the company's financial structure. The ratio has declined from 2.16 in 2020 to 1.79 in 2024. This trend suggests that the company has been relying less on debt financing relative to its equity, which can enhance its financial stability and reduce the risk of financial distress. A decreasing financial leverage ratio generally implies a stronger financial position and lower risk for the company. AptarGroup Inc appears to be effectively managing its leverage, which is a positive signal for investors and stakeholders.