RXO Inc. (RXO)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,077 | 3,392,000 | 1,813,000 | 1,799,000 | 1,825,000 | 1,946,000 | 1,912,000 | 2,018,000 | 2,038,000 | 2,237,000 | 2,372,000 | 2,296,000 | 2,068,000 |
| 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 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,077K
= 0.00
The debt-to-assets ratio of RXO Inc. has been consistently recorded as 0.00 for the fiscal periods spanning from December 31, 2021, to December 31, 2024. This implies that the company has had no debt relative to its total assets throughout the analyzed period. A debt-to-assets ratio of 0.00 indicates that RXO Inc. has been operating without relying on external borrowing to finance its operations and investments. This could suggest that the company has been funding its activities primarily through equity or retained earnings, leading to a strong financial position in terms of solvency and reduced financial risk. However, it is essential to consider other financial metrics and qualitative factors to gain a more holistic understanding of RXO Inc.'s financial performance and stability.
Peer comparison
Dec 31, 2024