QXO (QXO) Debt-to-Equity : 0.00 (As of Dec. 2024)

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What is QXO Debt-to-Equity?

QXO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.32 Mil. QXO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.26 Mil. QXO's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $5,052.90 Mil. QXO's debt to equity for the quarter that ended in Dec. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of QXO was 0.95. The lowest was 0.15. And the median was 0.25.

QXO's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.205
* Ranked among companies with meaningful Debt-to-Equity only.

QXO Debt-to-Equity Historical Data

The historical data trend for QXO'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.

QXO Debt-to-Equity Chart

QXO Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.42

0.24

0.25

0.35

QXO Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.35	0.31	-	-	-

Competitive Comparison of QXO's Debt-to-Equity

For the Software - Application subindustry, QXO'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.

QXO's Debt-to-Equity Distribution in the Software Industry

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

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

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QXO Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

QXO's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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
	=	(0.316	+	0.261)	/	5052.899
	=	0.00

QXO's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(0.316	+	0.261)	/	5052.899
	=	0.00

QXO (NYSE:QXO) 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.

QXO Debt-to-Equity Related Terms

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

QXO Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » QXO Inc (NYSE:QXO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Eagle Rock Avenue, East Hanover, NJ, USA, 07936

Website

https://www.qxo.com

QXO Inc provides technology solutions, primarily to clients in the manufacturing, distribution and service sectors. It provides consulting and professional services, specialized programming, training and technical support also offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, business intelligence and other applications. Additionally, QXO develops and publishes its own proprietary software.

Executives

Mark Meller	director, 10 percent owner, officer: President and CEO	C/O TREY RESOURCES, INC., 293 EISENHOWER PARKWAY, SUITE 250, LIVINGSTON NJ 07039
Stanley Wunderlich	director
John D. Schachtel	director	979 BATESVILLE ROAD, SUITE B, GREER SC 29651
Joseph P Macaluso	director
Bitnile Holdings, Inc.	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Ault Milton C Iii	10 percent owner	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Jeffrey D Roth	10 percent owner	202 VIERA DRIVE, CEDAR KNOLLS NJ 07927-2402
Christine Elizabeth Dye	officer: Chief Financial Officer	120 EAGLE ROCK AVE., SUITE 330, EAST HANOVER NJ 07936
Crandall Iii Melvin	officer: Chief Financial Officer	5 REGENT ST #520, LIVINGSTON NJ 07039
John Rudy	director	C/O ADSTAR INC., 4553 GLENCOE AVENUE SUITE 325, MARINA DEL REY CA 90292
Jerome R Mahoney	director, 10 percent owner, officer: President, Secretary and CEO	C/O VOICE INC, 750 HIGHWAY 34, MATAWAN NJ 07747