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
Does RXO (NYSE:RXO) Have A Healthy Balance Sheet?
Nov 10
Here's Why RXO (NYSE:RXO) Has A Meaningful Debt Burden
Feb 08Recent updates
Does RXO (NYSE:RXO) Have A Healthy Balance Sheet?
Nov 10RXO Emerges Stronger With The Freight Recession In The Rearview
Oct 12Here's What's Concerning About RXO's (NYSE:RXO) Returns On Capital
Jun 05RXO, Inc.: Upgrade To Buy On Positive Volume And Pricing Outlook
May 21Insufficient Growth At RXO, Inc. (NYSE:RXO) Hampers Share Price
Apr 10Here's Why RXO (NYSE:RXO) Has A Meaningful Debt Burden
Feb 08RXO, Inc.'s (NYSE:RXO) Popularity With Investors Is Under Threat From Overpricing
Jan 04RXO Inc.'s Road To Recovery, Navigating Through Economic Turns
Dec 20Some Investors May Be Worried About RXO's (NYSE:RXO) Returns On Capital
Nov 30RXO: Steering Through The Freight Frenzy
Sep 13RXO: Innovative Technologies Supporting Transportation, And Cheap
Jun 13Non-GAAP EPS of $0.28 beats by $0.05, revenue of $1.1B misses by $80M
Feb 07RXO Inc: Near-Term Headwinds Could Provide Better Entry Point
Jan 20RXO Inc. - A (Bullish) Early Look
Nov 06Financial Position Analysis
Short Term Liabilities: RXO's short term assets ($1.3B) exceed its short term liabilities ($947.0M).
Long Term Liabilities: RXO's short term assets ($1.3B) exceed its long term liabilities ($793.0M).
Debt to Equity History and Analysis
Debt Level: RXO's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RXO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RXO's debt is not well covered by operating cash flow (3.9%).
Interest Coverage: RXO's interest payments on its debt are not well covered by EBIT (1.3x coverage).