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Xerox Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $519 Mil. Xerox Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $2,752 Mil. Xerox Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $1,517 Mil. Xerox Holdings's debt to equity for the quarter that ended in Sep. 2024 was 2.16.
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:
During the past 13 years, the highest Debt-to-Equity Ratio of Xerox Holdings was 2.16. The lowest was 0.70. And the median was 0.94.
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.
Xerox Holdings Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.80 | 0.82 | 1.02 | 1.11 | 1.26 |
Xerox Holdings Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Debt-to-Equity | Get a 7-Day Free Trial | 1.29 | 1.26 | 1.52 | 1.28 | 2.16 |
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.
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.
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
Debt to Equity | = | Total Debt | / | Total Stockholders Equity | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Total Stockholders Equity | |
= | (608 | + | 2851) | / | 2752 | |
= | 1.26 |
Xerox Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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 | |
= | (519 | + | 2752) | / | 1517 | |
= | 2.16 |
* 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.
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.
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 |
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