RXO Inc. (RXO)
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 | 1,612,000 | 594,000 | 589,000 | 1,070,000 | 1,068,000 |
| 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 + $1,612,000K)
= 0.00
The debt-to-capital ratio of RXO Inc. has consistently remained at 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-capital ratio of 0.00 implies that the company's capital is entirely funded by equity, suggesting a lower financial risk as there is no debt to repay. However, it is important to note that having no debt may limit potential tax benefits and could potentially hinder the company's ability to leverage financial opportunities.
Peer comparison
Dec 31, 2024