Visteon Corp (VC)

Debt-to-assets ratio

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	318,000	323,000	327,000	331,000	336,000	340,000	349,000	349,000	349,000	349,000	349,000	349,000	349,000	348,000	748,000	748,000	348,000	348,000	348,000	348,000
Total assets	US$ in thousands	2,727,000	2,357,000	2,321,000	2,405,000	2,450,000	2,326,000	2,146,000	2,243,000	2,234,000	2,060,000	2,122,000	2,171,000	2,271,000	2,164,000	2,320,000	2,488,000	2,271,000	2,164,000	2,192,000	2,182,000
Debt-to-assets ratio		0.12	0.14	0.14	0.14	0.14	0.15	0.16	0.16	0.16	0.17	0.16	0.16	0.15	0.16	0.32	0.30	0.15	0.16	0.16	0.16

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $318,000K ÷ $2,727,000K
= 0.12

The debt-to-assets ratio of Visteon Corp. has been relatively stable over the past eight quarters, ranging between 0.12 to 0.16. This ratio indicates the proportion of the company's assets that are financed through debt. A lower ratio signifies that a smaller portion of the company's assets is funded by debt, which may indicate lower financial risk.

In the case of Visteon Corp., the ratio has stayed below 0.16, suggesting a conservative approach to debt financing. However, it is essential to understand the industry norms and compare this ratio with competitors to derive meaningful insights about Visteon Corp.'s financial health and leverage position.

Overall, a consistent and relatively low debt-to-assets ratio may indicate a stable financial position for Visteon Corp., with a manageable level of debt relative to its assets.