RXO Balance Sheet Health
Financial Health criteria checks 2/6
RXO has a total shareholder equity of $582.0M and total debt of $347.0M, which brings its debt-to-equity ratio to 59.6%. Its total assets and total liabilities are $1.8B and $1.2B respectively. RXO's EBIT is $48.0M making its interest coverage ratio 1.5. It has cash and short-term investments of $7.0M.
Key information
59.6%
Debt to equity ratio
US$347.00m
Debt
Interest coverage ratio | 1.5x |
Cash | US$7.00m |
Equity | US$582.00m |
Total liabilities | US$1.22b |
Total assets | US$1.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: N9Q's short term assets ($770.0M) exceed its short term liabilities ($674.0M).
Long Term Liabilities: N9Q's short term assets ($770.0M) exceed its long term liabilities ($543.0M).
Debt to Equity History and Analysis
Debt Level: N9Q's net debt to equity ratio (58.4%) is considered high.
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 (15.6%).
Interest Coverage: N9Q's interest payments on its debt are not well covered by EBIT (1.5x coverage).