Lear Corporation (LEA)
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 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 8,017,000 | 4,765,200 | 4,801,800 | 4,892,900 | 4,918,800 | 4,858,800 | 4,980,500 | 5,029,400 | 4,830,300 | 4,303,300 | 4,440,600 | 4,825,900 | 4,808,400 | 4,622,400 | 4,782,900 | 4,580,100 | 4,614,900 | 4,276,100 | 3,867,700 | 4,023,500 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $8,017,000K)
= 0.00
The debt-to-capital ratio of Lear Corporation has consistently been at 0.00 for each reporting period from March 31, 2020, to December 31, 2024. This indicates that the company has not relied on debt as a significant source of capital during this period. A debt-to-capital ratio of 0.00 suggests that Lear Corporation's capital structure is predominantly equity-financed rather than debt-financed. This may be viewed positively by investors and creditors as it implies lower financial risk, less reliance on debt financing, and potentially more financial flexibility. However, it is important to note that a low debt-to-capital ratio could also indicate missed opportunities for leveraging debt for potential growth or investment purposes.
Peer comparison
Dec 31, 2024