Analysis of Solvency Ratios
Quarterly Data
Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Solvency Ratios (Summary)
Amphenol Corp., solvency ratios (quarterly data)
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Amphenol Corp. debt to equity ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Amphenol Corp. debt to capital ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Amphenol Corp. debt to assets ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Amphenol Corp. financial leverage ratio decreased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Amphenol Corp. interest coverage ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Debt to Equity
Amphenol Corp., debt to equity calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Current portion of long-term debt | 752,500) | 353,800) | 355,600) | 351,800) | 2,900) | 2,700) | 2,900) | 28,100) | 23,700) | 4,000) | 298,700) | 526,100) | 526,400) | 230,300) | 229,200) | 2,300) | 500,900) | 403,300) | 403,700) | 403,100) | 6,000) | |||||||
| Long-term debt, less current portion | 3,556,900) | 3,983,500) | 3,936,400) | 3,967,400) | 4,561,000) | 4,575,000) | 4,750,300) | 4,834,200) | 4,908,800) | 4,795,900) | 4,950,000) | 4,710,200) | 4,110,300) | 3,636,200) | 3,586,000) | 3,763,800) | 4,591,500) | 3,203,400) | 3,545,400) | 3,569,400) | 3,554,800) | |||||||
| Total debt | 4,309,400) | 4,337,300) | 4,292,000) | 4,319,200) | 4,563,900) | 4,577,700) | 4,753,200) | 4,862,300) | 4,932,500) | 4,799,900) | 5,248,700) | 5,236,300) | 4,636,700) | 3,866,500) | 3,815,200) | 3,766,100) | 5,092,400) | 3,606,700) | 3,949,100) | 3,972,500) | 3,560,800) | |||||||
| Stockholders’ equity attributable to Amphenol Corporation | 8,681,500) | 8,346,500) | 7,856,800) | 7,513,700) | 7,308,100) | 7,015,600) | 6,570,900) | 6,464,300) | 6,426,100) | 6,302,000) | 5,945,900) | 5,715,500) | 5,461,000) | 5,384,900) | 5,040,200) | 4,738,600) | 4,385,800) | 4,530,300) | 4,155,300) | 4,148,300) | 4,123,100) | |||||||
| Solvency Ratio | ||||||||||||||||||||||||||||
| Debt to equity1 | 0.50 | 0.52 | 0.55 | 0.57 | 0.62 | 0.65 | 0.72 | 0.75 | 0.77 | 0.76 | 0.88 | 0.92 | 0.85 | 0.72 | 0.76 | 0.79 | 1.16 | 0.80 | 0.95 | 0.96 | 0.86 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Debt to Equity, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 1.46 | 1.79 | 1.81 | 1.76 | 1.96 | 2.37 | 2.06 | 1.78 | 1.71 | 1.98 | 1.89 | 1.76 | 1.69 | 1.72 | 1.56 | 1.40 | 1.21 | 1.19 | 1.12 | 1.06 | 0.97 | |||||||
| Arista Networks Inc. | 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 | 0.00 | |||||||
| Cisco Systems Inc. | 0.17 | 0.19 | 0.20 | 0.21 | 0.22 | 0.24 | 0.23 | 0.29 | 0.22 | 0.28 | 0.29 | 0.37 | 0.38 | 0.38 | 0.45 | 0.45 | 0.54 | 0.73 | 0.64 | 0.63 | 0.58 | |||||||
| Super Micro Computer Inc. | 0.07 | 0.15 | 0.11 | 0.09 | 0.15 | 0.42 | 0.43 | 0.27 | 0.25 | 0.09 | 0.08 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.03 | 0.02 | 0.05 | 0.09 | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity attributable to Amphenol Corporation
= 4,309,400 ÷ 8,681,500 = 0.50
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Amphenol Corp. debt to equity ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Debt to Capital
Amphenol Corp., debt to capital calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Current portion of long-term debt | 752,500) | 353,800) | 355,600) | 351,800) | 2,900) | 2,700) | 2,900) | 28,100) | 23,700) | 4,000) | 298,700) | 526,100) | 526,400) | 230,300) | 229,200) | 2,300) | 500,900) | 403,300) | 403,700) | 403,100) | 6,000) | |||||||
| Long-term debt, less current portion | 3,556,900) | 3,983,500) | 3,936,400) | 3,967,400) | 4,561,000) | 4,575,000) | 4,750,300) | 4,834,200) | 4,908,800) | 4,795,900) | 4,950,000) | 4,710,200) | 4,110,300) | 3,636,200) | 3,586,000) | 3,763,800) | 4,591,500) | 3,203,400) | 3,545,400) | 3,569,400) | 3,554,800) | |||||||
| Total debt | 4,309,400) | 4,337,300) | 4,292,000) | 4,319,200) | 4,563,900) | 4,577,700) | 4,753,200) | 4,862,300) | 4,932,500) | 4,799,900) | 5,248,700) | 5,236,300) | 4,636,700) | 3,866,500) | 3,815,200) | 3,766,100) | 5,092,400) | 3,606,700) | 3,949,100) | 3,972,500) | 3,560,800) | |||||||
| Stockholders’ equity attributable to Amphenol Corporation | 8,681,500) | 8,346,500) | 7,856,800) | 7,513,700) | 7,308,100) | 7,015,600) | 6,570,900) | 6,464,300) | 6,426,100) | 6,302,000) | 5,945,900) | 5,715,500) | 5,461,000) | 5,384,900) | 5,040,200) | 4,738,600) | 4,385,800) | 4,530,300) | 4,155,300) | 4,148,300) | 4,123,100) | |||||||
| Total capital | 12,990,900) | 12,683,800) | 12,148,800) | 11,832,900) | 11,872,000) | 11,593,300) | 11,324,100) | 11,326,600) | 11,358,600) | 11,101,900) | 11,194,600) | 10,951,800) | 10,097,700) | 9,251,400) | 8,855,400) | 8,504,700) | 9,478,200) | 8,137,000) | 8,104,400) | 8,120,800) | 7,683,900) | |||||||
| Solvency Ratio | ||||||||||||||||||||||||||||
| Debt to capital1 | 0.33 | 0.34 | 0.35 | 0.37 | 0.38 | 0.39 | 0.42 | 0.43 | 0.43 | 0.43 | 0.47 | 0.48 | 0.46 | 0.42 | 0.43 | 0.44 | 0.54 | 0.44 | 0.49 | 0.49 | 0.46 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Debt to Capital, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 0.59 | 0.64 | 0.64 | 0.64 | 0.66 | 0.70 | 0.67 | 0.64 | 0.63 | 0.66 | 0.65 | 0.64 | 0.63 | 0.63 | 0.61 | 0.58 | 0.55 | 0.54 | 0.53 | 0.52 | 0.49 | |||||||
| Arista Networks Inc. | 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 | 0.00 | |||||||
| Cisco Systems Inc. | 0.14 | 0.16 | 0.17 | 0.18 | 0.18 | 0.19 | 0.19 | 0.23 | 0.18 | 0.22 | 0.22 | 0.27 | 0.28 | 0.28 | 0.31 | 0.31 | 0.35 | 0.42 | 0.39 | 0.39 | 0.37 | |||||||
| Super Micro Computer Inc. | 0.06 | 0.13 | 0.10 | 0.09 | 0.13 | 0.30 | 0.30 | 0.21 | 0.20 | 0.08 | 0.07 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.05 | 0.08 | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Debt to capital = Total debt ÷ Total capital
= 4,309,400 ÷ 12,990,900 = 0.33
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Amphenol Corp. debt to capital ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Debt to Assets
Amphenol Corp., debt to assets calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Current portion of long-term debt | 752,500) | 353,800) | 355,600) | 351,800) | 2,900) | 2,700) | 2,900) | 28,100) | 23,700) | 4,000) | 298,700) | 526,100) | 526,400) | 230,300) | 229,200) | 2,300) | 500,900) | 403,300) | 403,700) | 403,100) | 6,000) | |||||||
| Long-term debt, less current portion | 3,556,900) | 3,983,500) | 3,936,400) | 3,967,400) | 4,561,000) | 4,575,000) | 4,750,300) | 4,834,200) | 4,908,800) | 4,795,900) | 4,950,000) | 4,710,200) | 4,110,300) | 3,636,200) | 3,586,000) | 3,763,800) | 4,591,500) | 3,203,400) | 3,545,400) | 3,569,400) | 3,554,800) | |||||||
| Total debt | 4,309,400) | 4,337,300) | 4,292,000) | 4,319,200) | 4,563,900) | 4,577,700) | 4,753,200) | 4,862,300) | 4,932,500) | 4,799,900) | 5,248,700) | 5,236,300) | 4,636,700) | 3,866,500) | 3,815,200) | 3,766,100) | 5,092,400) | 3,606,700) | 3,949,100) | 3,972,500) | 3,560,800) | |||||||
| Total assets | 16,722,500) | 16,526,400) | 15,759,000) | 15,237,900) | 15,381,500) | 15,326,200) | 15,097,900) | 14,986,100) | 14,873,600) | 14,678,400) | 14,926,100) | 14,559,100) | 13,133,500) | 12,327,300) | 11,753,900) | 11,203,900) | 12,077,700) | 10,815,500) | 10,683,600) | 10,634,000) | 10,208,100) | |||||||
| Solvency Ratio | ||||||||||||||||||||||||||||
| Debt to assets1 | 0.26 | 0.26 | 0.27 | 0.28 | 0.30 | 0.30 | 0.31 | 0.32 | 0.33 | 0.33 | 0.35 | 0.36 | 0.35 | 0.31 | 0.32 | 0.34 | 0.42 | 0.33 | 0.37 | 0.37 | 0.35 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Debt to Assets, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 0.31 | 0.32 | 0.33 | 0.33 | 0.32 | 0.34 | 0.36 | 0.34 | 0.32 | 0.36 | 0.37 | 0.36 | 0.32 | 0.35 | 0.36 | 0.34 | 0.32 | 0.32 | 0.34 | 0.33 | 0.31 | |||||||
| Arista Networks Inc. | 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 | 0.00 | |||||||
| Cisco Systems Inc. | 0.08 | 0.08 | 0.09 | 0.09 | 0.10 | 0.10 | 0.10 | 0.12 | 0.10 | 0.12 | 0.12 | 0.15 | 0.15 | 0.15 | 0.18 | 0.18 | 0.20 | 0.25 | 0.24 | 0.25 | 0.24 | |||||||
| Super Micro Computer Inc. | 0.04 | 0.08 | 0.06 | 0.06 | 0.08 | 0.19 | 0.18 | 0.12 | 0.11 | 0.04 | 0.04 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.05 | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Debt to assets = Total debt ÷ Total assets
= 4,309,400 ÷ 16,722,500 = 0.26
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Amphenol Corp. debt to assets ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Financial Leverage
Amphenol Corp., financial leverage calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Total assets | 16,722,500) | 16,526,400) | 15,759,000) | 15,237,900) | 15,381,500) | 15,326,200) | 15,097,900) | 14,986,100) | 14,873,600) | 14,678,400) | 14,926,100) | 14,559,100) | 13,133,500) | 12,327,300) | 11,753,900) | 11,203,900) | 12,077,700) | 10,815,500) | 10,683,600) | 10,634,000) | 10,208,100) | |||||||
| Stockholders’ equity attributable to Amphenol Corporation | 8,681,500) | 8,346,500) | 7,856,800) | 7,513,700) | 7,308,100) | 7,015,600) | 6,570,900) | 6,464,300) | 6,426,100) | 6,302,000) | 5,945,900) | 5,715,500) | 5,461,000) | 5,384,900) | 5,040,200) | 4,738,600) | 4,385,800) | 4,530,300) | 4,155,300) | 4,148,300) | 4,123,100) | |||||||
| Solvency Ratio | ||||||||||||||||||||||||||||
| Financial leverage1 | 1.93 | 1.98 | 2.01 | 2.03 | 2.10 | 2.18 | 2.30 | 2.32 | 2.31 | 2.33 | 2.51 | 2.55 | 2.40 | 2.29 | 2.33 | 2.36 | 2.75 | 2.39 | 2.57 | 2.56 | 2.48 | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Financial Leverage, Competitors2 | ||||||||||||||||||||||||||||
| Apple Inc. | 4.77 | 5.67 | 5.56 | 5.34 | 6.11 | 6.96 | 5.79 | 5.20 | 5.30 | 5.56 | 5.13 | 4.87 | 5.35 | 4.96 | 4.39 | 4.09 | 3.80 | 3.74 | 3.34 | 3.23 | 3.17 | |||||||
| Arista Networks Inc. | 1.34 | 1.38 | 1.39 | 1.40 | 1.42 | 1.39 | 1.41 | 1.45 | 1.47 | 1.44 | 1.41 | 1.41 | 1.42 | 1.43 | 1.43 | 1.43 | 1.44 | 1.45 | 1.36 | 1.36 | 1.39 | |||||||
| Cisco Systems Inc. | 2.18 | 2.30 | 2.31 | 2.31 | 2.31 | 2.36 | 2.30 | 2.39 | 2.25 | 2.36 | 2.34 | 2.44 | 2.49 | 2.50 | 2.56 | 2.54 | 2.69 | 2.91 | 2.64 | 2.51 | 2.40 | |||||||
| Super Micro Computer Inc. | 1.89 | 1.86 | 1.81 | 1.69 | 2.03 | 2.25 | 2.41 | 2.26 | 2.14 | 2.05 | 1.90 | 1.78 | 1.69 | 1.80 | 1.89 | 1.80 | 1.75 | 1.79 | 1.76 | 1.93 | 1.99 | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity attributable to Amphenol Corporation
= 16,722,500 ÷ 8,681,500 = 1.93
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Amphenol Corp. financial leverage ratio decreased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |
Interest Coverage
Amphenol Corp., interest coverage calculation (quarterly data)
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||||||||||||||||||||||||
| Net income attributable to Amphenol Corporation | 548,700) | 514,400) | 513,900) | 460,500) | 439,200) | 507,500) | 496,600) | 472,500) | 425,700) | 464,900) | 426,500) | 369,800) | 329,600) | 357,000) | 346,600) | 257,700) | 242,100) | 318,800) | 280,300) | 288,400) | 267,500) | |||||||
| Add: Net income attributable to noncontrolling interest | 3,300) | 4,800) | 4,400) | 4,800) | 3,500) | 3,500) | 3,900) | 3,600) | 3,500) | 3,800) | 2,900) | 1,800) | 2,200) | 3,100) | 2,900) | 2,800) | 1,100) | 2,100) | 2,000) | 2,500) | 2,400) | |||||||
| Less: Income from discontinued operations, net of income taxes | —) | —) | —) | —) | —) | —) | —) | —) | —) | 11,100) | 7,700) | 2,600) | —) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Add: Income tax expense | 110,700) | 146,300) | 115,200) | 130,600) | 117,200) | 121,500) | 150,400) | 144,500) | 134,200) | 106,400) | 120,500) | 78,100) | 104,100) | 100,000) | 99,300) | 68,000) | 46,000) | 81,800) | 91,800) | 78,700) | 79,600) | |||||||
| Add: Interest expense | 38,100) | 35,000) | 33,600) | 35,000) | 35,900) | 37,000) | 32,800) | 30,500) | 28,100) | 28,800) | 29,000) | 29,100) | 28,600) | 28,400) | 28,000) | 30,200) | 28,800) | 28,200) | 29,700) | 30,000) | 29,700) | |||||||
| Earnings before interest and tax (EBIT) | 700,800) | 700,500) | 667,100) | 630,900) | 595,800) | 669,500) | 683,700) | 651,100) | 591,500) | 592,800) | 571,200) | 476,200) | 464,500) | 488,500) | 476,800) | 358,700) | 318,000) | 430,900) | 403,800) | 399,600) | 379,200) | |||||||
| Solvency Ratio | ||||||||||||||||||||||||||||
| Interest coverage1 | 19.05 | 18.60 | 18.12 | 18.34 | 19.09 | 20.22 | 20.96 | 20.68 | 19.41 | 18.22 | 17.38 | 16.70 | 15.53 | 14.23 | 13.75 | 12.93 | 13.30 | 13.72 | — | — | — | |||||||
| Benchmarks | ||||||||||||||||||||||||||||
| Interest Coverage, Competitors2 | ||||||||||||||||||||||||||||
| Cisco Systems Inc. | 38.18 | 36.87 | 35.87 | 37.17 | 39.53 | 41.21 | 41.54 | 38.79 | 35.64 | 31.56 | 29.20 | 27.76 | 25.98 | 24.88 | 22.44 | 20.36 | 18.58 | 17.96 | — | — | — | |||||||
| Super Micro Computer Inc. | 84.71 | 72.55 | 70.87 | 68.85 | 56.79 | 53.71 | 51.73 | 42.94 | 45.86 | 48.81 | 38.80 | 38.83 | 36.02 | 40.01 | 37.51 | 28.81 | 20.91 | 13.97 | — | — | — | |||||||
Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).
1 Q1 2024 Calculation
Interest coverage
= (EBITQ1 2024
+ EBITQ4 2023
+ EBITQ3 2023
+ EBITQ2 2023)
÷ (Interest expenseQ1 2024
+ Interest expenseQ4 2023
+ Interest expenseQ3 2023
+ Interest expenseQ2 2023)
= (700,800 + 700,500 + 667,100 + 630,900)
÷ (38,100 + 35,000 + 33,600 + 35,000)
= 19.05
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Amphenol Corp. interest coverage ratio improved from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024. |