Xerox Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Xerox Holdings has a total shareholder equity of $2.6B and total debt of $3.6B, which brings its debt-to-equity ratio to 138.3%. Its total assets and total liabilities are $9.9B and $7.3B respectively. Xerox Holdings's EBIT is $183.0M making its interest coverage ratio 2.8. It has cash and short-term investments of $685.0M.
Key information
138.3%
Debt to equity ratio
US$3.60b
Debt
Interest coverage ratio | 2.8x |
Cash | US$685.00m |
Equity | US$2.61b |
Total liabilities | US$7.34b |
Total assets | US$9.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XRXB34's short term assets ($3.3B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: XRXB34's short term assets ($3.3B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: XRXB34's net debt to equity ratio (112.1%) is considered high.
Reducing Debt: XRXB34's debt to equity ratio has increased from 91.4% to 138.3% over the past 5 years.
Debt Coverage: XRXB34's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: XRXB34's interest payments on its debt are not well covered by EBIT (2.8x coverage).