GXO Debt Ratio from 2010 to 2024
| GXO Stock | USD 60.47 0.47 0.78% |
Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.2265699 | Current Value 0.14 | Quarterly Volatility 0.04627013 |
Check GXO Logistics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among GXO Logistics' main balance sheet or income statement drivers, such as Tax Provision of 35.9 M, Interest Income of 21.9 M or Depreciation And Amortization of 353.5 M, as well as many indicators such as Price To Sales Ratio of 1.03, Dividend Yield of 0.0 or PTB Ratio of 2.94. GXO financial statements analysis is a perfect complement when working with GXO Logistics Valuation or Volatility modules.
GXO | Debt Ratio |
Latest GXO Logistics' Debt Ratio Growth Pattern
Below is the plot of the Debt Ratio of GXO Logistics over the last few years. It is GXO Logistics' Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in GXO Logistics' overall financial position and show how it may be relating to other accounts over time.
| Debt Ratio | 10 Years Trend |
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Debt Ratio |
| Timeline |
GXO Debt Ratio Regression Statistics
| Arithmetic Mean | 0.13 | |
| Geometric Mean | 0.13 | |
| Coefficient Of Variation | 34.96 | |
| Mean Deviation | 0.03 | |
| Median | 0.11 | |
| Standard Deviation | 0.05 | |
| Sample Variance | 0 | |
| Range | 0.144 | |
| R-Value | 0.64 | |
| Mean Square Error | 0 | |
| R-Squared | 0.41 | |
| Significance | 0.01 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.03 |
GXO Debt Ratio History
Other Fundumenentals of GXO Logistics
GXO Logistics Debt Ratio component correlations
Click cells to compare fundamentals
About GXO Logistics Financial Statements
GXO Logistics investors utilize fundamental indicators, such as Debt Ratio, to predict how GXO Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Debt Ratio | 0.23 | 0.14 | |
| Cash Flow To Debt Ratio | 0.26 | 0.34 |
Pair Trading with GXO Logistics
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GXO Logistics position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GXO Logistics will appreciate offsetting losses from the drop in the long position's value.Moving against GXO Stock
| 0.85 | PAL | Proficient Auto Logi | PairCorr |
| 0.53 | EXPD | Expeditors International | PairCorr |
| 0.43 | PSIG | PS International | PairCorr |
| 0.33 | LSH | Lakeside Holding Upward Rally | PairCorr |
The ability to find closely correlated positions to GXO Logistics could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GXO Logistics when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GXO Logistics - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GXO Logistics to buy it.
The correlation of GXO Logistics is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GXO Logistics moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GXO Logistics moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GXO Logistics can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of GXO Logistics Correlation against competitors. To learn how to invest in GXO Stock, please use our How to Invest in GXO Logistics guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of GXO Logistics. If investors know GXO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about GXO Logistics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.50) | Earnings Share 0.89 | Revenue Per Share 92.626 | Quarterly Revenue Growth 0.278 | Return On Assets 0.0223 |
The market value of GXO Logistics is measured differently than its book value, which is the value of GXO that is recorded on the company's balance sheet. Investors also form their own opinion of GXO Logistics' value that differs from its market value or its book value, called intrinsic value, which is GXO Logistics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GXO Logistics' market value can be influenced by many factors that don't directly affect GXO Logistics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GXO Logistics' value and its price as these two are different measures arrived at by different means. Investors typically determine if GXO Logistics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GXO Logistics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.