GXO Logistics Inc (GXO)
52.63
-0.03
(-0.06%)
USD |
NYSE |
May 17, 16:00
52.63
0.00 (0.00%)
After-Hours: 20:00
GXO Logistics Debt to Equity Ratio: 0.5706 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.5706 |
| December 31, 2023 | 0.5656 |
| September 30, 2023 | 0.5916 |
| June 30, 2023 | 0.5976 |
| March 31, 2023 | 0.6633 |
| December 31, 2022 | 0.6828 |
| September 30, 2022 | 0.733 |
| Date | Value |
|---|---|
| June 30, 2022 | 0.7451 |
| March 31, 2022 | 0.0487 |
| December 31, 2021 | 0.4088 |
| September 30, 2021 | 0.3484 |
| June 30, 2021 | 0.215 |
| March 31, 2021 | 0.2117 |
| December 31, 2020 | 0.2384 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0487
Minimum
Mar 2022
0.7451
Maximum
Jun 2022
0.4729
Average
0.5681
Median
Debt to Equity Ratio Benchmarks
| CSX Corp | 1.469 |
| JB Hunt Transport Services Inc | 0.328 |
| Knight-Swift Transportation Holdings Inc | 0.2621 |
| Norfolk Southern Corp | 1.403 |
| Radiant Logistics Inc | 0.0031 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 9.38B |
| Total Liabilities (Quarterly) | 6.477B |
| Shareholders Equity (Quarterly) | 2.869B |
| Current Ratio | 0.9383 |
| Net Debt Paydown Yield | 0.53% |