GXO Logistics Inc (GXO)
58.81
+0.23
(+0.39%)
USD |
NYSE |
Nov 04, 13:27
GXO Logistics Debt to Equity Ratio: 0.9548 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.9548 |
| 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
0.9548
Maximum
Jun 2024
0.505
Average
0.5706
Median
Mar 2024
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 11.36B |
| Total Liabilities (Quarterly) | 8.427B |
| Shareholders Equity (Quarterly) | 2.901B |
| Current Ratio | 0.8556 |
| Net Debt Paydown Yield | -3.28% |