Xerox Corp (XRX)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 8,365,000 | 10,008,000 | 11,543,000 | 13,223,000 | 14,741,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,365,000K
= 0.00
The debt-to-assets ratio for Xerox Corp has consistently been reported as 0.00 from December 31, 2020, through December 31, 2024. This indicates that Xerox Corp has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 implies that the company's assets are entirely funded by equity, which may indicate a strong financial position and low financial risk. It suggests that Xerox has a conservative capital structure, with a minimal reliance on debt financing. This ratio reflects a prudent approach to managing financial leverage and may be viewed positively by investors and creditors as it signifies a lower risk of default.
Peer comparison
Dec 31, 2024