GXO Logistics Inc (GXO)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 3,003,000 | 2,912,000 | 2,645,000 | 2,351,000 | 2,823,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,003,000K)
= 0.00
The debt-to-capital ratio of GXO Logistics Inc has been consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations relative to its capital structure during this period. A debt-to-capital ratio of 0.00 suggests that GXO Logistics Inc relies solely on equity financing for its capital needs, which may indicate financial stability and lower financial risk. It also implies that the company may not have significant leverage compared to its equity base, potentially providing flexibility in managing its financial obligations. However, it is essential to consider other financial metrics and factors to have a more comprehensive understanding of the company's overall financial health and risk profile.
Peer comparison
Dec 31, 2024