Lear Corporation (LEA)

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 — — — — — — — — — — — — — — — — — — — —
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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $8,017,000K
= 0.00

The debt-to-equity ratio of Lear Corporation has been consistently at 0.00 over the past several quarters, indicating that the company has no debt on its balance sheet in relation to its equity. This implies that the company is primarily financed through equity rather than debt, which can be seen as a positive indicator of financial stability and lower financial risk. However, it's important to note that a very low debt-to-equity ratio may also suggest missed opportunities for leveraging debt to potentially maximize returns for shareholders.