XPO Logistics (XPAR:XPO) LT-Debt-to-Total-Asset : 0.31 (As of Dec. 2020)

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What is XPO Logistics LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. XPO Logistics's long-term debt to total assests ratio for the quarter that ended in Dec. 2020 was 0.31.

XPO Logistics's long-term debt to total assets ratio declined from Dec. 2019 (0.36) to Dec. 2020 (0.31). It may suggest that XPO Logistics is progressively becoming less dependent on debt to grow their business.

XPO Logistics LT-Debt-to-Total-Asset Historical Data

The historical data trend for XPO Logistics's LT-Debt-to-Total-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.

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XPO Logistics LT-Debt-to-Total-Asset Chart

XPO Logistics Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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0.24

0.25

0.36

0.31

XPO Logistics Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.25	0.27	0.36	0.34	0.31

XPO Logistics LT-Debt-to-Total-Asset Calculation

XPO Logistics's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	1420.135	/	4646.886
	=	0.31

XPO Logistics's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (Q: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2020 )	/	Total Assets (Q: Dec. 2020 )
	=	1420.135	/	4646.886
	=	0.31

XPO Logistics (XPAR:XPO) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

XPO Logistics LT-Debt-to-Total-Asset Related Terms

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XPO Logistics (XPAR:XPO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » XPO Logistics SA (XPAR:XPO) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

192 Avenue Thiers, Cedex 6, Lyon, FRA, 69457

Website

http://europe.xpo.com

XPO Logistics SA is a provider of transportation and logistics services. It provides technology-enabled solutions for automotive and industrial customers. The company provides services to chemical, oil and gas, fashion, healthcare, industrial and construction, retail and e-commerce, technology and electrical goods, and food and beverage sectors.