Xos Inc
Xos, Inc. designs, manufactures, and sells battery-electric commercial vehicles. The company provides class 5-6 medium duty rolling chassis, such as commercial stepvans and armored trucks, as well as engages in the Xos product development. It offers Xos provides mix-use powertrain solutions for off-highway, industrial and other commercial equipment, and specialty vehicles, such as school buses, m… Read more
Xos Inc (XOS) - Total Assets
Latest total assets as of September 2025: $73.81 Million USD
Based on the latest financial reports, Xos Inc (XOS) holds total assets worth $73.81 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Xos Inc - Total Assets Trend (2018–2024)
This chart illustrates how Xos Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Xos Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Xos Inc's total assets of $73.81 Million consist of 83.7% current assets and 16.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.2% |
| Accounts Receivable | $29.23 Million | 29.7% |
| Inventory | $36.57 Million | 37.2% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Xos Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Xos Inc's current assets represent 83.7% of total assets in 2024, an increase from 56.8% in 2018.
- Cash Position: Cash and equivalents constituted 11.2% of total assets in 2024, down from 41.5% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 37.2% of total assets.
Xos Inc Competitors by Total Assets
Key competitors of Xos Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zoomlion Heavy Industry Science and Technology Co Ltd
SHE:000157
|
China | CN¥129.23 Billion |
|
XCMG Construction Machinery Co Ltd
SHE:000425
|
China | CN¥179.64 Billion |
|
Daedong Ind
KO:000490
|
Korea | ₩2.25 Trillion |
|
Guangxi Liugong Machinery Co Ltd
SHE:000528
|
China | CN¥50.65 Billion |
|
Shantui Construction Machinery Co Ltd
SHE:000680
|
China | CN¥18.79 Billion |
|
JiangSu JiangHuai Engine Co Ltd
SHE:000816
|
China | CN¥3.49 Billion |
|
Sinotruk Jinan Truck Co Ltd
SHE:000951
|
China | CN¥45.43 Billion |
|
Zhongtong Bus Holding Co Ltd
SHE:000957
|
China | CN¥9.46 Billion |
Xos Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Xos Inc generates 0.57x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Xos Inc is currently not profitable relative to its asset base.
Xos Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.41 | 1.94 | 0.39 |
| Quick Ratio | 1.44 | 1.10 | 0.33 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $36.57 Million | $ 47.39 Million | $ -20.25 Million |
Xos Inc - Advanced Valuation Insights
This section examines the relationship between Xos Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.76 |
| Latest Market Cap to Assets Ratio | 0.15 |
| Asset Growth Rate (YoY) | 5.0% |
| Total Assets | $98.33 Million |
| Market Capitalization | $14.64 Million USD |
Valuation Analysis
Below Book Valuation: The market values Xos Inc's assets below their book value (0.15 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Xos Inc's assets grew by 5.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Xos Inc (2018–2024)
The table below shows the annual total assets of Xos Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $98.33 Million | +4.96% |
| 2023-12-31 | $93.68 Million | -50.68% |
| 2022-12-31 | $189.94 Million | -16.95% |
| 2021-12-31 | $228.71 Million | +1560.42% |
| 2020-12-31 | $13.77 Million | +399.78% |
| 2019-12-31 | $2.76 Million | +32.88% |
| 2018-12-31 | $2.07 Million | -- |