GXO Logistics (STU:93N) Debt-to-Asset : 0.43 (As of Mar. 2024)

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What is GXO Logistics Debt-to-Asset?

GXO Logistics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €665 Mil. GXO Logistics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3,079 Mil. GXO Logistics's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was €8,630 Mil. GXO Logistics's debt to asset for the quarter that ended in Mar. 2024 was 0.43.

GXO Logistics Debt-to-Asset Historical Data

The historical data trend for GXO Logistics's Debt-to-Asset 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.

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GXO Logistics Debt-to-Asset Chart

GXO Logistics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.35

0.32

0.39

0.46

0.43

GXO Logistics Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial														0.46	0.45	0.44	0.43	0.43

Competitive Comparison of GXO Logistics's Debt-to-Asset

For the Integrated Freight & Logistics subindustry, GXO Logistics's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

GXO Logistics's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, GXO Logistics's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where GXO Logistics's Debt-to-Asset falls into.

GXO Logistics Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

GXO Logistics's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(572.208	+	3174.654)	/	8717.919
	=	0.43

GXO Logistics's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(665.16	+	3079.24)	/	8629.6
	=	0.43

GXO Logistics (STU:93N) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

GXO Logistics Debt-to-Asset Related Terms

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GXO Logistics (STU:93N) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » GXO Logistics Inc (STU:93N) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

GXO:USA GXO:Mexico

Address

Two American Lane, Greenwich, CT, USA, 06831

Website

https://www.gxo.com

GXO Logistics Inc is a contract logistics company. Its revenue is diversified across numerous verticals and customers, including many multinational corporations. It provides warehousing and distribution, order fulfillment, e-commerce, and reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customized solutions at scale. Geographically, it derives a majority of revenue from the United Kingdom.

GXO Logistics (STU:93N) Headlines

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