Xeros Technology Group (LSE:XSG) Debt-to-Equity : 0.51 (As of Dec. 2023)

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What is Xeros Technology Group Debt-to-Equity?

Xeros Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.08 Mil. Xeros Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.73 Mil. Xeros Technology Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £1.60 Mil. Xeros Technology Group's debt to equity for the quarter that ended in Dec. 2023 was 0.50.

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 Xeros Technology Group's Debt-to-Equity or its related term are showing as below:

LSE:XSG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.12 Max: 0.51
Current: 0.51

During the past 12 years, the highest Debt-to-Equity Ratio of Xeros Technology Group was 0.51. The lowest was 0.00. And the median was 0.12.

LSE:XSG's Debt-to-Equity is ranked worse than
67.51% of 2613 companies
in the Industrial Products industry
Industry Median: 0.28 vs LSE:XSG: 0.51

Xeros Technology Group Debt-to-Equity Historical Data

The historical data trend for Xeros Technology Group'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.

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Xeros Technology Group Debt-to-Equity Chart

Xeros Technology Group Annual Data

Trend

Jul13

Jul14

Jul15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.13

0.12

0.51

Xeros Technology Group Semi-Annual Data
	Jul13	Jan14	Jul14	Jan15	Jul15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.21	0.12	0.22	0.51

Competitive Comparison of Xeros Technology Group's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Xeros Technology Group'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.

Xeros Technology Group's Debt-to-Equity Distribution in the Industrial Products Industry

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

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

Xeros Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Xeros Technology Group'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
	=	(0.083	+	0.727)	/	1.604
	=	0.50

Xeros Technology Group'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
	=	(0.083	+	0.727)	/	1.604
	=	0.50

Xeros Technology Group (LSE:XSG) 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.

Xeros Technology Group Debt-to-Equity Related Terms

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Xeros Technology Group (LSE:XSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xeros Technology Group PLC (LSE:XSG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 2, Evolution, Advanced Manufacturing Park,, Whittle Way, Catcliffe, Rotherham, South Yorkshire, GBR, S60 5BL

Website

https://www.xerostech.com

Xeros Technology Group PLC develops patented polymer bead systems with multiple identified potential commercial applications which are used mostly in the commercial laundry market. It has begun the rollout of 25kg capacity washing machines that exclusively use the company's patented polymer bead cleaning system. In addition to the commercial laundry market, its polymer bead technologies have a range of potential applications in other industries including domestic laundry, leather processing, garment finishing, and metal cleaning. It has its operations in Europe and North America. It earns revenues from the sale/provision of polymer bead cleaning equipment, consumables, and services.

Xeros Technology Group (LSE:XSG) Headlines

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