Xerox Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Xerox Holdings has a total shareholder equity of $554.0M and total debt of $4.3B, which brings its debt-to-equity ratio to 778.5%. Its total assets and total liabilities are $9.7B and $9.2B respectively. Xerox Holdings's EBIT is $144.0M making its interest coverage ratio 0.4. It has cash and short-term investments of $495.0M.
Key information
778.52%
Debt to equity ratio
US$4.31b
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$495.00m |
| Equity | US$554.00m |
| Total liabilities | US$9.17b |
| Total assets | US$9.72b |
Recent financial health updates
Is Xerox Holdings (NASDAQ:XRX) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...These 4 Measures Indicate That Xerox Holdings (NASDAQ:XRX) Is Using Debt Extensively
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Recent updates
Xerox Is Worth About $436 Million. It Has $4.36 Billion of Debt. What Can Still Reach One Share?
Xerox trades in the mid-$3s per share. At that level, the ordinary equity is worth roughly $450 million.
Print Volume Pressure And Lexmark Integration Will Shape A Cautious Yet Balanced Outlook
Catalysts About Xerox Holdings Xerox Holdings provides print hardware, related services and IT Solutions to business customers globally. What are the underlying business or industry changes driving this perspective?
Lexmark Integration And IT Solutions Expansion Will Reshape Long-Term Prospects
Catalysts About Xerox Holdings Xerox Holdings is a global provider of print, office technology, production print systems, and IT Solutions for business customers. What are the underlying business or industry changes driving this perspective?Xerox Holdings Corporation: Potential For Growth To Return, But More Proof Is Needed
Summary I maintain a Hold rating on Xerox Holdings as core print revenue remains in decline despite new product launches and Lexmark synergies. Q2 headline revenue growth was acquisition-driven; pro forma revenue declined 6.5%, and margin expansion was largely due to a one-time tariff benefit. The 9-Series launch and Lexmark integration offer margin and cost-saving potential, but evidence of sustainable improvement is still limited. XRX’s valuation discount persists until H2 shows backlog conversion and margin stability without non-recurring benefits; upside depends on execution. Read the full article on Seeking AlphaIs Xerox Holdings (NASDAQ:XRX) Using Too Much Debt?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Xerox Holdings (NASDAQ:XRX) Could Be At Risk Of Shrinking As A Company
If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...These 4 Measures Indicate That Xerox Holdings (NASDAQ:XRX) Is Using Debt Extensively
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Improved Revenues Required Before Xerox Holdings Corporation (NASDAQ:XRX) Stock's 28% Jump Looks Justified
Those holding Xerox Holdings Corporation ( NASDAQ:XRX ) shares would be relieved that the share price has rebounded 28...
Unit Shift And ITsavvy And Lexmark Acquisitions Will Improve Efficiency
New operating model and strategic acquisitions are expected to enhance organizational efficiencies, stabilize revenue, and improve operating margins by diversifying revenue streams.Xerox Holdings (NASDAQ:XRX) Is Finding It Tricky To Allocate Its Capital
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...Xerox Holdings Corporation's (NASDAQ:XRX) Revenues Are Not Doing Enough For Some Investors
When close to half the companies operating in the Tech industry in the United States have price-to-sales ratios (or...Xerox Holdings: Structural Declines Persist
Summary Xerox's 4Q24 earnings show continued revenue decline, with core print demand shrinking and organic revenue still negative, reaffirming my sell rating. Despite cost-cutting and acquisitions, margins remain under pressure, with gross margin falling and adj EBIT margin barely stabilizing. The Lexmark acquisition, funded by new debt, adds risk without addressing the structural decline in print demand. Read the full article on Seeking AlphaFinancial Position Analysis
Short Term Liabilities: XRX's short term assets ($3.7B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: XRX's short term assets ($3.7B) do not cover its long term liabilities ($6.0B).
Debt to Equity History and Analysis
Debt Level: XRX's net debt to equity ratio (689.2%) is considered high.
Reducing Debt: XRX's debt to equity ratio has increased from 76.9% to 778.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable XRX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: XRX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/11 22:05 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Xerox Holdings Corporation is covered by 14 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Kelleher | Argus Research Company |
| Benjamin Reitzes | Barclays |
| Keith Bachman | BMO Capital Markets Equity Research |