QXO, Debt
QXO Stock | 13.98 0.03 0.22% |
As of the 5th of October 2024, Short Term Debt is likely to grow to about 1.3 M, while Short and Long Term Debt Total is likely to drop about 2.1 M. With a high degree of financial leverage come high-interest payments, which usually reduce QXO,'s Earnings Per Share (EPS).
Debt Ratio | First Reported 2010-12-31 | Previous Quarter 0.10309889 | Current Value 0.0754 | Quarterly Volatility 0.01788504 |
QXO, |
QXO, Bond Ratings
QXO, Inc financial ratings play a critical role in determining how much QXO, have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for QXO,'s borrowing costs.Piotroski F Score | 5 | Healthy | View |
Beneish M Score | (3.02) | Unlikely Manipulator | View |
QXO, Total Assets Over Time
QXO, Assets Financed by Debt
The debt-to-assets ratio shows the degree to which QXO, uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.QXO, Debt Ratio | 7.54 |
QXO, Corporate Bonds Issued
QXO, Short Long Term Debt Total
Short Long Term Debt Total |
|
Understaning QXO, Use of Financial Leverage
Leverage ratios show QXO,'s total debt position, including all outstanding obligations. In simple terms, high financial leverage means that the cost of production, along with the day-to-day running of the business, is high. Conversely, lower financial leverage implies lower fixed cost investment in the business, which is generally considered a good sign by investors. The degree of QXO,'s financial leverage can be measured in several ways, including ratios such as the debt-to-equity ratio (total debt / total equity), or the debt ratio (total debt / total assets).
Last Reported | Projected for Next Year | ||
Short and Long Term Debt Total | 2.6 M | 2.1 M | |
Net Debt | -3.5 M | -3.7 M | |
Long Term Debt | 994.3 K | 871.6 K | |
Short and Long Term Debt | 701.7 K | 668.9 K | |
Short Term Debt | 1.1 M | 1.3 M | |
Net Debt To EBITDA | (1.26) | (1.20) | |
Debt To Equity | 0.28 | 0.18 | |
Interest Debt Per Share | 3.30 | 2.14 | |
Debt To Assets | 0.10 | 0.08 | |
Long Term Debt To Capitalization | 0.12 | 0.11 | |
Total Debt To Capitalization | 0.22 | 0.14 | |
Debt Equity Ratio | 0.28 | 0.18 | |
Debt Ratio | 0.10 | 0.08 | |
Cash Flow To Debt Ratio | 0.28 | 0.26 |
Pair Trading with QXO,
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 QXO, 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 QXO, will appreciate offsetting losses from the drop in the long position's value.Moving together with QXO, Stock
Moving against QXO, Stock
0.59 | DT | Dynatrace Holdings LLC | PairCorr |
0.44 | BL | Blackline | PairCorr |
0.42 | WK | Workiva | PairCorr |
0.41 | ZM | Zoom Video Communications | PairCorr |
0.33 | DJCO | Daily Journal Corp | PairCorr |
The ability to find closely correlated positions to QXO, could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace QXO, 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 QXO, - 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 QXO, Inc to buy it.
The correlation of QXO, 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 QXO, moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if QXO, Inc 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 QXO, 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.Additional Information and Resources on Investing in QXO, Stock
When determining whether QXO, Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of QXO,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qxo, Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qxo, Inc Stock:Check out the analysis of QXO, Fundamentals Over Time. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Systems Software 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 QXO,. If investors know QXO, 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 QXO, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (12.27) | Revenue Per Share 86.401 | Quarterly Revenue Growth 0.097 | Return On Assets (0) | Return On Equity (0) |
The market value of QXO, Inc is measured differently than its book value, which is the value of QXO, that is recorded on the company's balance sheet. Investors also form their own opinion of QXO,'s value that differs from its market value or its book value, called intrinsic value, which is QXO,'s 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 QXO,'s market value can be influenced by many factors that don't directly affect QXO,'s 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 QXO,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if QXO, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QXO,'s 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.
What is Financial Leverage?
Financial leverage is the use of borrowed money (debt) to finance the purchase of assets with the expectation that the income or capital gain from the new asset will exceed the cost of borrowing. In most cases, the debt provider will limit how much risk it is ready to take and indicate a limit on the extent of the leverage it will allow. In the case of asset-backed lending, the financial provider uses the assets as collateral until the borrower repays the loan. In the case of a cash flow loan, the general creditworthiness of the company is used to back the loan. The concept of leverage is common in the business world. It is mostly used to boost the returns on equity capital of a company, especially when the business is unable to increase its operating efficiency and returns on total investment. Because earnings on borrowing are higher than the interest payable on debt, the company's total earnings will increase, ultimately boosting stockholders' profits.Leverage and Capital Costs
The debt to equity ratio plays a role in the working average cost of capital (WACC). The overall interest on debt represents the break-even point that must be obtained to profitability in a given venture. Thus, WACC is essentially the average interest an organization owes on the capital it has borrowed for leverage. Let's say equity represents 60% of borrowed capital, and debt is 40%. This results in a financial leverage calculation of 40/60, or 0.6667. The organization owes 10% on all equity and 5% on all debt. That means that the weighted average cost of capital is (.4)(5) + (.6)(10) - or 8%. For every $10,000 borrowed, this organization will owe $800 in interest. Profit must be higher than 8% on the project to offset the cost of interest and justify this leverage.Benefits of Financial Leverage
Leverage provides the following benefits for companies:- Leverage is an essential tool a company's management can use to make the best financing and investment decisions.
- It provides a variety of financing sources by which the firm can achieve its target earnings.
- Leverage is also an essential technique in investing as it helps companies set a threshold for the expansion of business operations. For example, it can be used to recommend restrictions on business expansion once the projected return on additional investment is lower than the cost of debt.