Visteon Corp (VC)

Debt-to-equity 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 stockholders’ equity	US$ in thousands	1,038,000	724,000	705,000	720,000	675,000	555,000	532,000	541,000	516,000	399,000	394,000	384,000	387,000	385,000	358,000	394,000	480,000	474,000	477,000	487,000
Debt-to-equity ratio		0.31	0.45	0.46	0.46	0.50	0.61	0.66	0.65	0.68	0.87	0.89	0.91	0.90	0.90	2.09	1.90	0.72	0.73	0.73	0.71

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $318,000K ÷ $1,038,000K
= 0.31

The debt-to-equity ratio of Visteon Corp. has shown a gradual decline over the past few quarters, indicating a decrease in the company's dependence on debt to finance its operations relative to shareholders' equity.

From Q4 2022 to Q4 2023, the ratio fell from 0.52 to 0.32, a significant improvement. This downward trend suggests that the company has been effectively managing its debt levels or increasing its equity base, which can enhance financial stability and reduce financial risk.

However, the ratio experienced some fluctuations in the intervening quarters, with a slight increase in Q3 2022 and then a decrease in Q1 2023 before stabilizing at around 0.49 in the subsequent quarters.

Overall, the decreasing trend in the debt-to-equity ratio signals a positive financial position for Visteon Corp., as it indicates a healthier balance between debt and equity in the company's capital structure.