RXO Balance Sheet Health
Financial Health criteria checks 3/6
RXO has a total shareholder equity of $1.7B and total debt of $362.0M, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are $3.4B and $1.7B respectively. RXO's EBIT is $39.0M making its interest coverage ratio 1.3. It has cash and short-term investments of $55.0M.
Key information
21.9%
Debt to equity ratio
US$362.00m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$55.00m |
| Equity | US$1.65b |
| Total liabilities | US$1.74b |
| Total assets | US$3.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N9Q's short term assets ($1.3B) exceed its short term liabilities ($947.0M).
Long Term Liabilities: N9Q's short term assets ($1.3B) exceed its long term liabilities ($793.0M).
Debt to Equity History and Analysis
Debt Level: N9Q's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if N9Q's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: N9Q's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: N9Q's interest payments on its debt are not well covered by EBIT (1.3x coverage).