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Xerox Holdings (Xerox Holdings) Debt-to-Equity

: 1.26 (As of Dec. 2023)
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Xerox Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $608 Mil. Xerox Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,851 Mil. Xerox Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,752 Mil. Xerox Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.26.

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 Xerox Holdings's Debt-to-Equity or its related term are showing as below:

XRX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.7   Med: 1.01   Max: 1.28
Current: 1.26

During the past 13 years, the highest Debt-to-Equity Ratio of Xerox Holdings was 1.28. The lowest was 0.70. And the median was 1.01.

XRX's Debt-to-Equity is ranked worse than
88.7% of 2221 companies
in the Software industry
Industry Median: 0.21 vs XRX: 1.26

Xerox Holdings Debt-to-Equity Historical Data

The historical data trend for Xerox Holdings'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 0.80 [6] => 0.82 [7] => 1.02 [8] => 1.11 [9] => 1.26 )
Xerox Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.82 1.02 1.11 1.26

Xerox Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 1.11 0.95 0.92 1.29 1.26

Competitive Comparison

For the Information Technology Services subindustry, Xerox Holdings'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.


Xerox Holdings Debt-to-Equity Distribution

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

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



Xerox Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

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

* 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  (NAS:XRX) 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.


Xerox Holdings Debt-to-Equity Related Terms

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


Xerox Holdings (Xerox Holdings) Business Description

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.
Executives
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Darwin Deason 10 percent owner 2828 N HASKELL AVENUE, BLDG 1 FL-10, DALLAS TX 75204
Suzan Morno-wade officer: EVP & CHRO XEROX CORPORATION, 201 MERRITT 7, NORWALK CT 06851-1056
Steven John Bandrowczak officer: President and COO C/O NORTEL NETWORKS CORPORATION, 195 THE WEST MALL, TORONTO A6 M9C 5K1
Mirlanda Gecaj officer: VP & CAO XEROX HOLDINGS CORPORATION, 201 MERRITT 7, NORWALK CT 06851
Philip Giordano director 100 EAST DILDO DRIVE, MIAMI BEACH FL 33139
A. Scott Letier director 5956 SHERRY LN, SUITE 800, DALLAS TX 75225
Jesse Lynn director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Nichelle Maynard-elliott director PLATFORM SPECIALTY PRODUCTS CORPORATION, 383 MAIN AVENUE, NORWALK CT 06851
Hernandez Margarita Palau director 300 N. SAN RAFAEL AVE., PASADENA CA 91105
Steven D Miller director 16690 COLLINS AVENUE, PH, SUNNY ISLE BEACH FL 33160
James Larry Nelson director 2747 PARADISE ROAD, PH2804, LAS VEGAS NV 89109
Jacques-edouard Gueden officer: Executive Vice President XEROX CORPORATION, 201 MERRITT 7, NORWALK CT 06851
John G Bruno officer: President and COO
Naresh Shanker officer: SVP, Chief Technology Officer XEROX CORPORATION, 201 MERRITT 7, NORWALK CT 06851