FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

XEL
2026-06-30 · figures in $M

NET DEBT UP

Net debt rose 16% to $33.6B — the highest of its last 8 readings, and stands at 6.05× annualized EBITDA.

CASH +53.1%
274
TOTAL DEBT +16.4%
33,883
NET DEBT +16.2%
33,609
NET DEBT / ANN. EBITDA +7.9%
6.05× TARGET <2.0×
Balance sheet FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY
Cash & equivalents
10-Q
147 248 129 166 111 129 179 274 +53.1%
Accounts receivable
10-Q
860 837 916 1,018 1,373 1,315 1,249 1,330 +6.5%
Inventories
10-Q
548 544 535 631 803 711 666 761 +14.3%
Other current assets
RESTATED · WAS 652 10-Q
154 185 250 289 360 294 724 1,075 +48.5%
Total current assets
10-Q
3,094 3,113 3,275 4,239 5,144 4,069 4,325 5,014 +15.9%
Current ratio
10-Q
0.69× 0.68× 0.77× 0.84× 0.85× 0.72× 0.67× 0.71× +5.6%
Property, plant & equipment
10-Q
36,944 39,483 42,950 45,457 48,253 51,642 57,198 65,639 +14.8%
Total assets
10-Q
45,987 50,448 53,957 57,851 61,188 64,079 70,035 81,371 +16.2%
Return on assets (annualized)
10-Q
2.7% 2.7% 2.7% 2.8% 2.8% 2.8% 2.8% 2.5% -10.3%
Accounts payable
10-Q
1,237 1,294 1,237 1,409 1,804 1,668 1,781 2,307 +29.5%
Short-term debt
10-Q
406 702 421 601 1,151 552 1,103 501 -54.6%
Total current liabilities
10-Q
4,460 4,568 4,239 5,046 6,078 5,652 6,459 7,089 +9.8%
Long-term debt
10-Q
15,803 17,407 19,645 21,779 22,813 24,913 27,316 31,832 +16.5%
Total liabilities
33,765 37,209 39,382 42,239 44,513 46,463 50,513 57,762 +14.4%
Net debt
17,100 18,456 20,521 23,219 24,666 26,121 28,935 33,609 +16.2%
Stockholders' equity
10-Q
12,222 13,239 14,575 15,612 16,675 17,616 19,522 23,609 +20.9%
Net debt / TTM EBITDA
10-Q
4.72× 4.75× 5.04× 5.34× 5.07× 5.27× 5.61× 6.05× +7.9%

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · NET DEBT · QoQ BRIDGE
FROM28,935 TOTAL DEBT+4,769 CASH & EQUIVALENTS-95 TO33,609
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-07-30 ↗