XPO Logistics Inc (XPO)

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	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Long-term debt	US$ in thousands	3,325,000	3,343,000	3,330,000	3,323,000	3,335,000	2,447,000	2,452,000	2,478,000	2,473,000	2,848,000	2,857,000	2,877,000	3,513,000	3,515,000	5,181,000	5,162,000	5,240,000	6,545,000	6,939,000	5,766,000
Total assets	US$ in thousands	7,712,000	7,923,000	7,729,000	7,603,000	7,492,000	6,428,000	6,352,000	6,348,000	6,269,000	8,503,000	8,640,000	9,320,000	8,717,000	8,533,000	15,564,000	15,369,000	16,177,000	15,745,000	15,641,000	14,562,000
Debt-to-assets ratio		0.43	0.42	0.43	0.44	0.45	0.38	0.39	0.39	0.39	0.33	0.33	0.31	0.40	0.41	0.33	0.34	0.32	0.42	0.44	0.40

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $3,325,000K ÷ $7,712,000K
= 0.43

The debt-to-assets ratio for XPO Logistics Inc has shown some fluctuations over the past few years, ranging from 0.31 to 0.45. This ratio measures the proportion of the company's assets financed by debt.

From March 31, 2020, to December 31, 2024, the debt-to-assets ratio has varied but generally remained within a moderate range, indicating that XPO Logistics Inc has been able to effectively manage its debt levels in relation to its total assets.

The highest ratio of 0.45 was recorded on December 31, 2023, suggesting a higher reliance on debt to finance the company's operations at that time. On the other hand, the lowest ratio of 0.31 was observed on March 31, 2022, indicating a relatively lower level of debt compared to the company's total assets.

Overall, monitoring the debt-to-assets ratio can provide insight into XPO Logistics Inc's capital structure and financial leverage, helping stakeholders assess the company's risk profile and financial health.