Adient PLC

NYSE ADNT

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Adient PLC Cash Interest Coverage Ratio 1 year YoY Change (%) for the quarter ending March 31, 2024: -22.64%

Adient PLC Cash Interest Coverage Ratio 1 year YoY Change (%) is -22.64% for the quarter ending March 31, 2024, a -104.43% change year over year. The cash interest coverage ratio measures a company's ability to cover its interest expenses with its operating cash flow. It is calculated by dividing operating cash flow by interest expense. This ratio indicates the company's capacity to generate sufficient cash flow to meet its interest obligations. A higher ratio signifies better coverage and financial stability. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Adient PLC Cash Interest Coverage Ratio for the quarter ending March 31, 2023 was 2.14, a 511.22% change year over year.
  • Adient PLC Cash Interest Coverage Ratio for the quarter ending March 31, 2022 was 0.35, a 121.89% change year over year.
  • Adient PLC Cash Interest Coverage Ratio for the quarter ending March 31, 2021 was -1.60, a -36.84% change year over year.
  • Adient PLC Cash Interest Coverage Ratio for the quarter ending March 31, 2020 was -1.17, a -126.39% change year over year.
NYSE: ADNT

Adient PLC

CEO Mr. Douglas G. Del Grosso
IPO Date Oct. 31, 2016
Location Ireland
Headquarters 25-28 North Wall Quay, Dublin, Ireland, D01 H104
Employees 70,000
Sector Consumer Cyclical
Industry Auto parts
Description

Adient plc engages in the design, development, manufacture, and market of seating systems and components for passenger cars, commercial vehicles, and light trucks. The company's automotive seating solutions include complete seating systems, frames, mechanisms, foams, head restraints, armrests, and trim covers. It serves automotive original equipment manufacturers in North America and South America; Europe, Middle East, and Africa; and the Asia Pacific/China. Adient plc was incorporated in 2016 and is based in Dublin, Ireland.

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StockViz Staff

September 19, 2024

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