Market Cap : 6.89 B | Enterprise Value : 10.19 B | PE Ratio : 9.73 | PB Ratio : 4.31 |
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The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. XPO Logistics's current ratio for the quarter that ended in Mar. 2022 was 1.04.
XPO Logistics has a current ratio of 1.04. It generally indicates good short-term financial strength.
The historical rank and industry rank for XPO Logistics's Current Ratio or its related term are showing as below:
During the past 13 years, XPO Logistics's highest Current Ratio was 13.46. The lowest was 0.94. And the median was 1.49.
XPO's Current Ratio is ranked worse thanThe historical data trend for XPO Logistics's Current Ratio 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.
For the Integrated Freight & Logistics subindustry, XPO Logistics's Current Ratio, along with its competitors' market caps and Current Ratio 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.
For the Transportation industry and Industrials sector, XPO Logistics's Current Ratio distribution charts can be found below:
* The bar in red indicates where XPO Logistics's Current Ratio falls into.
The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.
XPO Logistics's Current Ratio for the fiscal year that ended in Dec. 2021
XPO Logistics's Current Ratio for the quarter that ended in Mar. 2022 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.
Current Ratio (A: Dec. 2021 ) = Total Current Assets (A: Dec. 2021 ) / Total Current Liabilities (A: Dec. 2021 )
= 2677 / 2538
= 1.05
Current Ratio (Q: Mar. 2022 ) = Total Current Assets (Q: Mar. 2022 ) / Total Current Liabilities (Q: Mar. 2022 )
= 3555 / 3432
= 1.04
* 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.
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Thank you for viewing the detailed overview of XPO Logistics's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Brown Christopher Michael | officer: Chief Accounting Officer | C/O XPO LOGISTICS, INC. FIVE AMERICAN LANE GREENWICH CT 06831 |
Bradley S Jacobs | director, 10 percent owner, officer: Chief Executive Officer | C/O XPO LOGISTICS, INC. FIVE AMERICAN LANE GREENWICH CT 06831 |
Tulsyan Ravi | officer: Chief Financial Officer | C/O XPO LOGISTICS, INC. FIVE AMERICAN LANE GREENWICH CT 06831 |
Aiken Jason W | director | C/O GENERAL DYNAMICS CORPORATION 2941 FAIRVIEW PARK DRIVE, SUITE 100 FALLS CHURCH VA 22042 |
Kissel Mary E. | director | C/O XPO LOGISTICS, INC. FIVE AMERICAN LANE GREENWICH CT 06831 |
Landry Allison | director | C/O XPO LOGISTICS, INC. FIVE AMERICAN LANE GREENWICH CT 06831 |
Taylor Johnny Clayton Jr. | director | C/O XPO LOGISTICS, INC. FIVE AMERICAN LANE GREENWICH CT 06831 |
Jacobs Private Equity, Llc | director, 10 percent owner | 350 ROUND HILL ROAD GREENWICH CT 06831 |
Spruce House Partnership Llc | 10 percent owner | 435 HUDSON STREET 8TH FLOOR NEW YORK NY 10014 |
Spruce House Partnership (qp) Lp | 10 percent owner | 435 HUDSON ST #804 NEW YORK NY 10014 |
Wyshner David B | officer: Chief Financial Officer | C/O XPO LOGISTICS, INC. FIVE AMERICAN LANE GREENWICH CT 06831 |
Rogers Kurt | officer: Chief Legal Officer | STERICYCLE, INC 2355 WAUKEGAN ROAD BANNOCKBURN IL 60015 |
Kekedjian Aris | director | 655 THIRD AVENUE, 8TH FLOOR 10017 NY 10017 |
Colucci Marlene M | director | C/O GXO LOGISTICS, INC. TWO AMERICAN LANE GREENWICH CT 06831 |
Sternberg Zachary | 10 percent owner | 435 HUDSON STREET SUITE 804 NEW YORK NY 10014 |
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