RXO Balance Sheet Health
Financial Health criteria checks 3/6
RXO has a total shareholder equity of $594.0M and total debt of $353.0M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are $1.8B and $1.2B respectively. RXO's EBIT is $67.0M making its interest coverage ratio 2.1. It has cash and short-term investments of $5.0M.
Key information
59.4%
Debt to equity ratio
US$353.00m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$5.00m |
| Equity | US$594.00m |
| Total liabilities | US$1.23b |
| Total assets | US$1.83b |
Recent financial health updates
Recent updates
Insufficient Growth At RXO, Inc. (NYSE:RXO) Hampers Share Price
Apr 10
Here'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 ($796.0M) exceed its short term liabilities ($682.0M).
Long Term Liabilities: RXO's short term assets ($796.0M) exceed its long term liabilities ($549.0M).
Debt to Equity History and Analysis
Debt Level: RXO's net debt to equity ratio (58.6%) is considered high.
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 well covered by operating cash flow (25.2%).
Interest Coverage: RXO's interest payments on its debt are not well covered by EBIT (2.1x coverage).