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Xerox Holdings (LTS:0A6Y) Equity-to-Asset : 0.24 (As of Mar. 2024)


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What is Xerox Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Xerox Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,378 Mil. Xerox Holdings's Total Assets for the quarter that ended in Mar. 2024 was $9,944 Mil. Therefore, Xerox Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.24.

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

LTS:0A6Y' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.36   Max: 0.44
Current: 0.24

During the past 13 years, the highest Equity to Asset Ratio of Xerox Holdings was 0.44. The lowest was 0.24. And the median was 0.36.

LTS:0A6Y's Equity-to-Asset is ranked worse than
81.66% of 2841 companies
in the Software industry
Industry Median: 0.55 vs LTS:0A6Y: 0.24

Xerox Holdings Equity-to-Asset Historical Data

The historical data trend for Xerox Holdings's Equity-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.

* Premium members only.

Xerox Holdings Equity-to-Asset Chart

Xerox Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.39 0.34 0.31 0.28

Xerox Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.31 0.32 0.27 0.28 0.24

Competitive Comparison of Xerox Holdings's Equity-to-Asset

For the Information Technology Services subindustry, Xerox Holdings's Equity-to-Asset, along with its competitors' market caps and Equity-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.


Xerox Holdings's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Xerox Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Xerox Holdings's Equity-to-Asset falls into.



Xerox Holdings Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Xerox Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2752/10008
=0.27

Xerox Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=2378/9944
=0.24

* 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.


Xerox Holdings  (LTS:0A6Y) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Xerox Holdings Equity-to-Asset Related Terms

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


Xerox Holdings (LTS:0A6Y) Business Description

Traded in Other Exchanges
Address
201 Merritt 7, P.O. Box 4505, Norwalk, CT, USA, 06851-1056
Xerox Holdings Corp is an original equipment manufacturing and software company. Xerox operates in one segment--design, development, and sale of printing technology and related solutions--while deriving 60% of its revenue from the U.S. and 40% from international markets. The company is an OEM of multifunction printers, or MFPs (printers that can print, copy, and scan), focusing on large enterprise markets. Apart from equipment, the company provides post-sales services like managed print services--a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is attempting to enter new markets like digital print packaging solutions and printed electronics.

Xerox Holdings (LTS:0A6Y) Headlines

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