Xos Inc (XOS) — Net Asset Quality Index
Xos Inc (XOS) has a Net Asset Quality Index of 42.1% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $73.81 Million minus total liabilities of $42.75 Million yields net assets of $31.06 Million. A higher index indicates a stronger, lower-leverage balance sheet. See operational self-sufficiency of Xos Inc to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Xos Inc Net Asset Quality Index Over Time (2018–2024)
This chart shows how Xos Inc's Net Asset Quality Index has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the index stands at 42.1%, representing net assets of $31.06 Million against total assets of $73.81 Million USD. Explore cash flow conversion of Xos Inc to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Xos Inc (2018–2024)
The table below presents the year-by-year Net Asset Quality Index for Xos Inc from 2018 to 2024, covering 7 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of Xos Inc.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 34.2% | $33.61 Million | $98.33 Million | $64.72 Million | ▼ -14.1 pp |
| 2023 | 48.2% | $45.20 Million | $93.68 Million | $48.49 Million | ▼ -10.8 pp |
| 2022 | 59.0% | $112.08 Million | $189.94 Million | $77.86 Million | ▼ -17.2 pp |
| 2021 | 76.3% | $174.39 Million | $228.71 Million | $54.31 Million | ▲ +273.7 pp |
| 2020 | -197.5% | $-27.20 Million | $13.77 Million | $40.97 Million | ▲ +184.8 pp |
| 2019 | -382.2% | $-10.53 Million | $2.76 Million | $13.29 Million | ▼ -98.2 pp |
| 2018 | -284.0% | $-5.89 Million | $2.07 Million | $7.96 Million | — |