RXO Inc. (RXO)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,612,000K
= 0.00
The debt-to-equity ratio for RXO Inc. has remained constant at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has primarily relied on equity as a source of funding. A debt-to-equity ratio of 0.00 suggests that the company's financial structure is conservative, as there is no debt in relation to equity. This could reflect positively on the company's financial health and stability, as it signifies a lower level of financial risk due to the absence of debt obligations.
Peer comparison
Dec 31, 2024