Xerox Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Xerox Holdings has a total shareholder equity of $1.5B and total debt of $3.3B, which brings its debt-to-equity ratio to 213.7%. Its total assets and total liabilities are $8.3B and $6.8B respectively. Xerox Holdings's EBIT is $131.0M making its interest coverage ratio 1.3. It has cash and short-term investments of $521.0M.
Key information
213.7%
Debt to equity ratio
US$3.27b
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$521.00m |
| Equity | US$1.53b |
| Total liabilities | US$6.79b |
| Total assets | US$8.32b |
Recent financial health updates
Xerox Holdings (NASDAQ:XRX) Has A Somewhat Strained Balance Sheet
Apr 06
Is Xerox Holdings (NASDAQ:XRX) Using Too Much Debt?
Dec 17Does Xerox Holdings (NASDAQ:XRX) Have A Healthy Balance Sheet?
Apr 21Is Xerox Holdings (NASDAQ:XRX) A Risky Investment?
Jan 09Recent updates
Xerox Q3 Results: A Successful Turnaround Plan, Or The Way Of The Dodo?
Oct 29Xerox Holdings Corporation's (NASDAQ:XRX) Revenues Are Not Doing Enough For Some Investors
Oct 18Xerox Holdings (NASDAQ:XRX) Is Due To Pay A Dividend Of $0.25
Sep 13Xerox Holdings (NASDAQ:XRX) Is Paying Out A Dividend Of $0.25
Aug 23Xerox: Low Quality Company In A Doomed Industry
Aug 21Xerox Holdings (NASDAQ:XRX) Is Due To Pay A Dividend Of $0.25
Aug 09Xerox Holdings: Remain Sell Rated As Business Is Still Unlikely To Hit FY24 Guidance
Aug 08Xerox: A Recent Plunge Makes This 9% Yielder A Strong Buy
Jul 17Lacklustre Performance Is Driving Xerox Holdings Corporation's (NASDAQ:XRX) 27% Price Drop
Jul 11Xerox Holdings (NASDAQ:XRX) Has Announced A Dividend Of $0.25
Jun 15Xerox Holdings' (NASDAQ:XRX) Dividend Will Be $0.25
May 26Xerox Holdings Corporation (NASDAQ:XRX) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
Apr 26Xerox Holdings: Hitting FY24 Guide Seems Unlikely
Apr 25Xerox: Looking To Get Long Post An Encouraging Q1 Report
Apr 19Xerox Holdings (NASDAQ:XRX) Has A Somewhat Strained Balance Sheet
Apr 06Xerox Holdings: Reiterate Sell Rating As Business Is Still Fundamentally Challenged
Feb 01Xerox: Much More Needs To Be Done To Compete In New Era
Jan 11Is Xerox Holdings (NASDAQ:XRX) Using Too Much Debt?
Dec 17At US$13.77, Is It Time To Put Xerox Holdings Corporation (NASDAQ:XRX) On Your Watch List?
Nov 20Xerox Holdings (NASDAQ:XRX) Is Due To Pay A Dividend Of $0.25
Oct 24Xerox Holdings (NASDAQ:XRX) Will Pay A Dividend Of $0.25
Sep 22Xerox Holdings (NASDAQ:XRX) Is Due To Pay A Dividend Of $0.25
Sep 08Xerox Holdings (NASDAQ:XRX) Is Paying Out A Dividend Of $0.25
Aug 25Xerox Holdings (NASDAQ:XRX) Will Pay A Dividend Of $0.25
Jul 23Xerox Holdings (NASDAQ:XRX) Is Paying Out A Dividend Of $0.25
May 30Does Xerox Holdings (NASDAQ:XRX) Have A Healthy Balance Sheet?
Apr 21Xerox Holdings (NASDAQ:XRX) Will Pay A Dividend Of $0.25
Feb 21Is Xerox Holdings (NASDAQ:XRX) A Risky Investment?
Jan 09Financial Position Analysis
Short Term Liabilities: XRX's short term assets ($3.0B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: XRX's short term assets ($3.0B) do not cover its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: XRX's net debt to equity ratio (179.6%) is considered high.
Reducing Debt: XRX's debt to equity ratio has increased from 94.7% to 213.7% over the past 5 years.
Debt Coverage: XRX's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: XRX's interest payments on its debt are not well covered by EBIT (1.3x coverage).