Adient PLC

NYSE ADNT

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Adient PLC Long-Term Debt to Equity Ratio 1 year YoY Change (%) for the quarter ending March 31, 2024: 0.44%

Adient PLC Long-Term Debt to Equity Ratio 1 year YoY Change (%) is 0.44% for the quarter ending March 31, 2024, a 109.13% change year over year. The long-term debt to equity ratio measures the proportion of a company's long-term debt to its shareholders' equity. It is calculated by dividing the long-term debt by the shareholders' equity. This ratio helps assess the company's long-term solvency and its reliance on debt financing. A higher ratio indicates a higher level of debt relative to equity, which can increase the company's financial risk and affect its ability to meet long-term obligations. 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 Long-Term Debt to Equity Ratio for the quarter ending March 31, 2023 was 1.15, a -4.83% change year over year.
  • Adient PLC Long-Term Debt to Equity Ratio for the quarter ending March 31, 2022 was 1.21, a -50.56% change year over year.
  • Adient PLC Long-Term Debt to Equity Ratio for the quarter ending March 31, 2021 was 2.45, a 1.52% change year over year.
  • Adient PLC Long-Term Debt to Equity Ratio for the quarter ending March 31, 2020 was 2.41, a 61.40% 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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