Xometry (Xometry) Debt-to-Equity : 0.91 (As of Dec. 2023)

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What is Xometry Debt-to-Equity?

Xometry's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6.8 Mil. Xometry's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $292.7 Mil. Xometry's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $329.3 Mil. Xometry's debt to equity for the quarter that ended in Dec. 2023 was 0.91.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Xometry's Debt-to-Equity or its related term are showing as below:

XMTR' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.16 Med: 0.3 Max: 0.91
Current: 0.91

During the past 5 years, the highest Debt-to-Equity Ratio of Xometry was 0.91. The lowest was -0.16. And the median was 0.30.

XMTR's Debt-to-Equity is ranked worse than
85.04% of 2621 companies
in the Industrial Products industry
Industry Median: 0.28 vs XMTR: 0.91

Xometry Debt-to-Equity Historical Data

The historical data trend for Xometry's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Xometry Debt-to-Equity Chart

Xometry Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.30

-0.16

0.05

0.82

0.91

Xometry Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial												0.82	0.84	0.88	0.90	0.91

Competitive Comparison of Xometry's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Xometry's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Xometry's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xometry's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Xometry's Debt-to-Equity falls into.

Xometry Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xometry's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.799	+	292.72)	/	329.3
	=	0.91

Xometry's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6.799	+	292.72)	/	329.3
	=	0.91

Xometry (NAS:XMTR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Xometry Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Xometry's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Xometry (Xometry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xometry Inc (NAS:XMTR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0N5:Germany

Address

6116 Executive Boulevard, Suite 800, North Bethesda, MD, USA, 20855

Website

https://www.xometry.com

Xometry Inc is engaged in providing AI-enabled manufacturing equipment. Its buyers include engineers, product designers, procurement and supply chain personnel, inventors, and business owners. The manufacturing processes offered by the company include CNC Machining, Injection Molding, Urethane Casting, 3D Printing, and Die Casting. The company is organized into two segments referred to as: (1) the U.S. and (2) International. The majority of the revenue is earned from the U.S. segment.

Executives

James M Rallo	officer: Chief Financial Officer	C/O LIQUIDITY SERVICES INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Matthew Leibel	officer: Chief Technology Officer	7529 STANDISH PLACE, SUITE 200, CO XOMETRY, INC., DERWOOD MD 20855
Bill Cronin	officer: Chief Revenue Officer	180 CONCORD DRIVE, MADISON CT 06824
Emily Rollins	director	C/O DOLBY LABORATORIES, INC., 1275 MARKET STREET, SAN FRANCISCO CA 94103
Peter Goguen	officer: Chief Operating Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
George Hornig	director	C/O CREDIT SUISSE FIRST BOSTON PRIVATE, 11 MADISON AVE, NEW YORK NY 10010
Katharine Weymouth	director	1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209
Randolph Altschuler	director, officer: Chief Executive Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
Laurence Zuriff	director, officer: Chief Strategy Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD MD 20855
Kathy Mayerhofer	officer: Chief Sales Officer	7529 STANDISH PLACE, SUITE 200, DERWOOD CA 20855
Highland Leaders Fund I, L.p.	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Leaders Fund I Gp, Llc	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Leaders Fund I Gp, L.p.	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners 9 Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142
Highland Capital Partners 9-b Limited Partnership	10 percent owner	ONE BROADWAY, 16TH FLOOR, CAMBRIDGE MA 02142