CSX's Debt Overview
Portfolio Pulse from Benzinga Insights
Over the past three months, shares of CSX Inc. (NASDAQ:CSX) increased by 10.59%. The company has a total debt of $17.92 billion, with $17.91 billion in long-term debt and $11 million in current debt. Adjusting for $1.29 billion in cash-equivalents, the net debt is $16.63 billion. CSX has a debt-ratio of 0.43, which varies across different industries.
June 27, 2023 | 1:02 pm
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CSX Inc. shares increased by 10.59% over the past three months. The company has a total debt of $17.92 billion and a debt-ratio of 0.43.
The increase in CSX's share price over the past three months is a positive sign for the company. However, the debt-ratio of 0.43 indicates that the company has a moderate level of debt, which could impact its financial leverage and growth potential. The debt-ratio varies across different industries, so it is difficult to determine the exact impact on the stock price without more context.
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