Xerox Corp (XRX)
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 | 1,076,000 | 2,538,000 | 3,343,000 | 4,436,000 | 5,592,000 |
| 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 ÷ $1,076,000K
= 0.00
Based on the provided data, Xerox Corp has consistently maintained a debt-to-equity ratio of 0.00 over the years from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing to fund its operations and growth activities. A debt-to-equity ratio of 0.00 often signifies that a company is primarily relying on equity financing, which can imply lower financial risk as there is no significant debt burden to service. However, it is essential to note that a low or zero debt-to-equity ratio may also suggest missed opportunities for leveraging debt to potentially enhance returns on equity. Overall, Xerox Corp's consistent debt-to-equity ratio of 0.00 reflects a conservative capital structure strategy with minimal reliance on debt to fund its operations and investments.
Peer comparison
Dec 31, 2024