GXO Logistics Inc (GXO)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 11,266,000 | 11,900,000 | 11,360,000 | 9,380,000 | 9,507,000 | 9,091,000 | 9,126,000 | 9,090,000 | 9,219,000 | 8,806,000 | 8,706,000 | 7,126,000 | 7,271,000 | 7,133,000 | 7,068,000 | 7,120,000 | 6,548,000 |
| Debt-to-assets ratio | 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 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $11,266,000K
= 0.00
The debt-to-assets ratio of GXO Logistics Inc has consistently remained at 0.00 over the past several quarters, from December 31, 2020, to December 31, 2024. This indicates that the company has had no debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 signifies a strong financial position with minimal financial risk related to debt. It suggests that the company may be mainly financing its operations through equity or other sources of funding. Overall, a consistent 0.00 debt-to-assets ratio reflects a healthy capital structure and a low level of financial leverage for GXO Logistics Inc.
Peer comparison
Dec 31, 2024