What is Exela Technologies Inc's earnings per share (EPS)?

Exela Technologies Inc (XELA) reported diluted earnings per share of -$21.11 for fiscal year 2023. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Exela Technologies Inc Financials

XELA

FY2023 annual

Revenue $1.1B -1.2% YoY

Net Income -$125.2M +69.9% YoY

EPS (Diluted) -$21.11 YoY not available

Free Cash Flow -$4.5M +95.7% YoY

Source SEC Filings (10-K/10-Q) Data as of Sep 30, 2024 Currency USD FYE December

Exela Technologies Inc (XELA) reported $1.1B in revenue for fiscal year 2023, down 1.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI XELA FY2023 2026-08-15

Flat sales masked a cost-reset year in which Exela rebuilt operating profit but not the financing needed for resilience.

Between FY2022 and FY2023, revenue barely moved, yet operating margin swung from -21.2% to 0.8%. SG&A fell by roughly $26M and free cash flow moved to -$4.5M, pointing to stabilization driven by an internal cost reset rather than renewed demand or scale benefits.

The balance sheet still works like a company carried by creditors: total liabilities of $1.5B exceed total assets of $636.3M, leaving negative equity. Cash of $23.3M against current liabilities of $394.9M shows the FY2023 operating improvement has not yet rebuilt a liquidity cushion.

The rebound was not just lower overhead: gross margin recovered from 18.5% to 21.7%, so the underlying service mix or delivery cost also improved. Still, with operating cash flow only $3.6M, even modest capex kept free cash flow at -$4.5M, so self-funding remains thin on its own.

Financial Health Signals

Financial health score not available

Exela Technologies Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Neutral

6/9

Exela Technologies Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

N/A

Exela Technologies Inc reported a net loss of $125.2M while generating $3.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.1B

YoY-1.2%

5Y CAGR-7.7%

Exela Technologies Inc generated $1.1B in revenue in fiscal year 2023. This represents a decrease of 1.2% from the prior year.

EBITDA

$68.6M

YoY+143.7%

5Y CAGR-11.6%

Exela Technologies Inc's EBITDA was $68.6M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 143.7% from the prior year.

Net Income

-$125.2M

YoY+69.9%

Exela Technologies Inc reported -$125.2M in net income in fiscal year 2023. This represents an increase of 69.9% from the prior year.

EPS (Diluted)

-$21.11

Exela Technologies Inc earned -$21.11 per diluted share (EPS) in fiscal year 2023.

Cash & Balance Sheet

Free Cash Flow

-$4.5M

YoY+95.7%

Exela Technologies Inc recorded an outflow of $4.5M in free cash flow in fiscal year 2023, representing a cash shortfall after capex. This represents an increase of 95.7% from the prior year.

Cash & Debt

$23.3M

YoY+54.9%

5Y CAGR-8.4%

Exela Technologies Inc held $23.3M in cash against $1.0B in long-term debt as of fiscal year 2023.

Shares Outstanding

Exela Technologies Inc had 6M shares outstanding in fiscal year 2023.

Dividends Per Share

Not reported for fiscal year 2023.

Margins & Returns

Gross Margin

21.7%

YoY+3.1pp

5Y CAGR-1.8pp

Exela Technologies Inc's gross margin was 21.7% in fiscal year 2023, indicating the percentage of revenue retained after direct costs. This is up 3.1 percentage points from the prior year.

Operating Margin

0.8%

YoY+22.0pp

5Y CAGR+1.4pp

Exela Technologies Inc's operating margin was 0.8% in fiscal year 2023, reflecting core business profitability. This is up 22.0 percentage points from the prior year.

Net Margin

-11.8%

YoY+26.8pp

5Y CAGR-1.0pp

Exela Technologies Inc's net profit margin was -11.8% in fiscal year 2023, showing the share of revenue converted to profit. This is up 26.8 percentage points from the prior year.

Return on Equity

Not reported for fiscal year 2023.

Capital Allocation

R&D Spending

$1.2M

YoY-20.0%

5Y CAGR-9.7%

Exela Technologies Inc invested $1.2M in research and development in fiscal year 2023. This represents a decrease of 20.0% from the prior year.

Capital Expenditures

$8.1M

YoY-55.9%

5Y CAGR-16.6%

Exela Technologies Inc invested $8.1M in capex in fiscal year 2023, funding long-term assets and infrastructure. This represents a decrease of 55.9% from the prior year.

Share Buybacks

Not reported for fiscal year 2023.

XELA Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

XELA annual income statement

Metric	TTM	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Revenue	$1.0B	$1.1B-1.2%	$1.1B-7.7%	$1.2B-9.7%	$1.3B-17.3%	$1.6B-1.5%	$1.6B+37.7%	$1.2B+45.9%	$789.9M-1.9%	$805.2M
Cost of Revenue	N/A	N/A	$877.5M-1.3%	$889.1M-13.1%	$1.0B-16.4%	$1.2B+0.9%	$1.2B+46.6%	$827.5M+59.4%	$519.1M	N/A
Gross Profit	$226.8M	$230.7M+15.5%	$199.7M-28.0%	$277.5M+3.2%	$269.0M-20.3%	$337.6M-9.4%	$372.8M+17.1%	$318.3M+17.6%	$270.8M	N/A
R&D Expenses	N/A	$1.2M-20.0%	$1.5M+15.4%	$1.3M+18.2%	$1.1M-35.3%	$1.7M-15.0%	$2.0M-13.0%	$2.3M0.0%	$2.3M+35.3%	$1.7M
SG&A Expenses	$156.6M	$150.7M-14.6%	$176.5M+4.0%	$169.8M-8.8%	$186.1M-6.4%	$198.9M+7.5%	$184.9M-16.3%	$221.0M+69.4%	$130.4M+8.1%	$120.7M
Operating Income	$2.6M	$8.1M+103.5%	-$228.8M-1169.6%	$21.4M+230.3%	-$16.4M+94.9%	-$321.2M-2903.2%	-$10.7M+89.8%	-$104.4M-307.8%	$50.2M+24.6%	$40.3M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$1.2M+660.6%	$156K
Income Tax	$11.8M	$8.9M+111.2%	$4.2M-64.0%	$11.7M-14.2%	$13.6M+77.8%	$7.6M-8.5%	$8.4M+113.7%	-$61.1M-418.1%	-$11.8M+56.0%	-$26.8M
Net Income	-$100.3M	-$125.2M+69.9%	-$415.6M-191.9%	-$142.4M+20.2%	-$178.5M+64.9%	-$509.1M-199.8%	-$169.8M+18.9%	-$209.5M-335.5%	-$48.1M-7.1%	-$44.9M
EPS (Diluted)	—	-$21.11	-$1372.98	-$24.40	-$73.19	-$10.55	N/A	N/A	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Revenue	$269.2M+9.6%	$245.7M-5.1%	$258.8M-2.1%	$264.4M+4.5%	$253.1M-7.3%	$272.9M-0.2%	$273.6M+2.5%	$267.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	$216.5M-1.1%	$218.9M
Gross Profit	$54.3M-5.9%	$57.7M+1.5%	$56.8M-2.0%	$58.0M+6.1%	$54.7M-10.2%	$60.9M+6.5%	$57.2M+18.8%	$48.1M
SG&A Expenses	$35.1M-16.0%	$41.8M+2.3%	$40.9M+5.0%	$38.9M+10.0%	$35.4M+10.4%	$32.0M-27.8%	$44.4M+14.0%	$38.9M
Operating Income	$3.2M+235.6%	-$2.4M-3415.5%	$71K-95.7%	$1.7M-19.5%	$2.1M-81.6%	$11.2M+262.7%	-$6.9M+95.5%	-$153.1M
Interest Expense	$23.4M+1.4%	$23.1M	N/A	N/A	$24.7M-45.2%	$45.1M	N/A	N/A
Income Tax	$4.8M+132.4%	$2.0M-34.5%	$3.1M+67.8%	$1.9M+3.1%	$1.8M-28.7%	$2.5M-4.8%	$2.7M+275.0%	-$1.5M
Net Income	-$24.0M+6.4%	-$25.7M-3.2%	-$24.9M+3.3%	-$25.7M-11.3%	-$23.1M+25.2%	-$30.9M+32.0%	-$45.4M+76.6%	-$194.1M
EPS (Diluted)	-$4.15+5.7%	-$4.40-3.0%	-$4.27	N/A	-$3.97+23.5%	-$5.19	-$9.88	-$1.41

TTM is the trailing twelve months, Q4 FY2023 through Q3 FY2024, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

XELA Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

XELA annual balance sheet

Metric	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Total Assets	$636.3M-11.9%	$721.9M-30.4%	$1.0B-10.4%	$1.2B-8.0%	$1.3B-22.7%	$1.6B-5.1%	$1.7B+76.9%	$969.5M+176.1%	$351.1M
Current Assets	$181.2M-4.9%	$190.5M-31.9%	$279.9M-13.4%	$323.3M+1.4%	$318.9M-10.4%	$355.8M+2.3%	$347.7M+77.3%	$196.1M+20395.8%	$957K
Cash & Equivalents	$23.3M+54.9%	$15.1M-27.4%	$20.8M-69.5%	$68.2M+1000.7%	$6.2M-82.9%	$36.2M-7.2%	$39.0M+366.5%	$8.4M-49.7%	$16.6M
Inventory	$11.5M-31.7%	$16.8M+10.7%	$15.2M+6.3%	$14.3M-24.8%	$19.0M+17.4%	$16.2M+36.1%	$11.9M+6.5%	$11.2M	N/A
Accounts Receivable	$76.9M-24.3%	$101.6M-44.8%	$184.1M-11.0%	$206.9M-20.9%	$261.4M-3.5%	$270.8M+17.9%	$229.7M+65.9%	$138.4M	N/A
Goodwill	$170.5M-8.8%	$186.8M-47.9%	$358.3M-0.4%	$359.8M0.0%	$359.8M-49.2%	$708.3M-5.2%	$747.3M+100.2%	$373.3M+3.8%	$359.5M
Total Liabilities	$1.5B-2.2%	$1.5B-10.2%	$1.7B-18.3%	$2.1B+4.1%	$2.0B+7.1%	$1.9B+8.4%	$1.7B+31.7%	$1.3B+103.8%	$642.6M
Current Liabilities	$394.9M-22.6%	$510.0M-13.8%	$591.8M+30.1%	$454.7M-2.4%	$466.0M-2.8%	$479.3M+28.2%	$373.8M+57.4%	$237.5M+352132.3%	$67K
Long-Term Debt	$1.0B+9.4%	$942.0M-7.0%	$1.0B-32.4%	$1.5B+7.1%	$1.4B+7.0%	$1.3B+2.4%	$1.3B+29.8%	$983.5M	N/A
Total Equity	-$855.5M-5.9%	-$807.6M-21.1%	-$666.8M+28.0%	-$926.5M-24.7%	-$743.0M-208.0%	-$241.3M-365.8%	-$51.8M+84.8%	-$339.9M-16.6%	-$291.5M
Retained Earnings	-$2.1B-7.0%	-$1.9B-27.1%	-$1.5B-10.2%	-$1.4B-14.7%	-$1.2B-72.5%	-$702.4M-36.5%	-$514.6M-75.1%	-$294.0M-69025.8%	-$425K

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Total Assets	$567.0M-3.6%	$588.0M-0.7%	$591.8M-7.0%	$636.3M-1.4%	$645.4M-4.4%	$675.3M-5.3%	$713.1M-1.2%	$721.9M
Current Assets	$139.1M-11.2%	$156.6M+4.1%	$150.4M-17.0%	$181.2M+3.5%	$175.1M-9.7%	$193.9M-1.0%	$195.8M+2.8%	$190.5M
Cash & Equivalents	$11.3M-62.8%	$30.3M+219.2%	$9.5M-59.3%	$23.3M+280.0%	$6.1M-42.7%	$10.7M+8.2%	$9.9M-34.3%	$15.1M
Inventory	$13.4M+0.8%	$13.3M+6.2%	$12.5M+8.4%	$11.5M+4.5%	$11.0M-0.5%	$11.1M-34.6%	$16.9M+0.4%	$16.8M
Accounts Receivable	$48.6M-21.0%	$61.5M-18.8%	$75.8M-1.5%	$76.9M-20.6%	$96.9M-9.3%	$106.8M+7.6%	$99.3M-2.3%	$101.6M
Goodwill	$170.2M-0.1%	$170.4M0.0%	$170.4M-0.1%	$170.5M+0.1%	$170.3M-0.1%	$170.4M-8.8%	$186.9M0.0%	$186.8M
Total Liabilities	$1.5B+0.4%	$1.5B+1.6%	$1.5B-1.5%	$1.5B+0.5%	$1.5B-0.3%	$1.5B-0.6%	$1.5B-1.9%	$1.5B
Current Liabilities	$401.8M-2.2%	$411.0M+12.7%	$364.7M-7.6%	$394.9M+6.6%	$370.5M-18.8%	$456.2M-3.0%	$470.3M-7.8%	$510.0M
Long-Term Debt	$1.0B+1.3%	$1.0B-2.6%	$1.0B+1.1%	$1.0B-1.3%	$1.0B+8.6%	$961.0M+0.8%	$953.4M+1.2%	$942.0M
Total Equity	-$930.4M-2.9%	-$903.8M-3.0%	-$877.8M-2.6%	-$855.5M-1.5%	-$842.9M-3.2%	-$817.0M-3.7%	-$788.1M+2.4%	-$807.6M
Retained Earnings	-$2.2B-1.1%	-$2.1B-1.2%	-$2.1B-1.2%	-$2.1B-1.2%	-$2.1B-1.7%	-$2.0B-1.5%	-$2.0B-2.3%	-$1.9B

XELA Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

XELA annual cash flow statement

Metric	TTM	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Operating Cash Flow	$29.3M	$3.6M+104.1%	-$87.2M+21.9%	-$111.5M-274.5%	-$29.8M+53.4%	-$63.9M-370.6%	$23.6M-54.4%	$51.8M-28.2%	$72.1M+870.0%	$7.4M
Capital Expenditures	$8.8M	$8.1M-55.9%	$18.3M+25.6%	$14.6M+25.0%	$11.7M-18.8%	$14.4M-28.5%	$20.1M+39.0%	$14.4M+82.2%	$7.9M-25.7%	$10.7M
Free Cash Flow	$20.5M	-$4.5M+95.7%	-$105.5M+16.4%	-$126.1M-204.3%	-$41.4M+47.0%	-$78.2M-2316.9%	$3.5M-90.6%	$37.3M-41.9%	$64.2M+2087.7%	-$3.2M
Investing Cash Flow	-$9.1M	$17.9M+182.3%	-$21.8M-135.1%	-$9.3M-143.2%	$21.4M+185.1%	-$25.2M+57.1%	-$58.8M+86.7%	-$441.4M-1296.7%	-$31.6M+8.2%	-$34.4M
Financing Cash Flow	-$20.3M	$624K-99.4%	$106.6M+8.1%	$98.7M+55.7%	$63.4M+7.1%	$59.1M+2370.2%	-$2.6M-100.6%	$436.4M+1108.9%	-$43.3M-300.1%	$21.6M
Share Buybacks	N/A	N/A	$487K	N/A	N/A	$3.5M-51.8%	$7.2M+2800.0%	$249K	N/A	N/A

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Operating Cash Flow	$4.7M-61.3%	$12.2M+141.8%	-$29.1M-170.0%	$41.5M+147.6%	$16.8M+3075.9%	$528K+101.0%	-$55.3M-26093.8%	-$211K
Capital Expenditures	$2.3M+38.8%	$1.7M-30.4%	$2.4M-4.5%	$2.5M+11.8%	$2.2M+51.7%	$1.5M-22.2%	$1.9M-53.8%	$4.1M
Free Cash Flow	$2.4M-77.0%	$10.5M+133.4%	-$31.5M-180.6%	$39.0M+168.5%	$14.5M+1645.3%	-$941K+98.4%	-$57.2M-1228.6%	-$4.3M
Investing Cash Flow	-$2.7M-7.0%	-$2.5M-328.6%	-$584K+82.5%	-$3.3M-3.8%	-$3.2M-111.8%	$27.4M+1043.5%	-$2.9M+42.3%	-$5.0M
Financing Cash Flow	-$7.5M-202.1%	$7.3M+306.5%	-$3.5M+78.6%	-$16.6M+22.5%	-$21.4M+15.3%	-$25.2M-139.5%	$63.8M+1138.0%	$5.2M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0

Not reported in any period shown, so not listed: Dividends Paid.

XELA Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

XELA annual financial ratios

Metric	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Gross Margin	21.7%+3.1pp	18.5%-5.2pp	23.8%+3.0pp	20.8%-0.8pp	21.6%-1.9pp	23.5%-4.1pp	27.6%-6.7pp	34.3%	N/A
Operating Margin	0.8%+22.0pp	-21.2%-23.1pp	1.8%+3.1pp	-1.3%+19.3pp	-20.6%-19.9pp	-0.7%+8.4pp	-9.1%-15.4pp	6.4%+1.4pp	5.0%
Net Margin	-11.8%+26.8pp	-38.6%-26.4pp	-12.2%+1.6pp	-13.8%+18.8pp	-32.6%-21.9pp	-10.7%+7.5pp	-18.2%-12.1pp	-6.1%-0.5pp	-5.6%
Return on Assets	-19.7%+37.9pp	-57.6%-43.8pp	-13.7%+1.7pp	-15.4%+25.0pp	-40.5%-30.0pp	-10.4%+1.8pp	-12.2%-7.3pp	-5.0%+7.8pp	-12.8%
Current Ratio	0.46+0.1x	0.37-0.1x	0.47-0.2x	0.710.0x	0.68-0.1x	0.74-0.2x	0.93+0.1x	0.83-13.4x	14.19
FCF Margin	-0.4%+9.4pp	-9.8%+1.0pp	-10.8%-7.6pp	-3.2%+1.8pp	-5.0%-5.2pp	0.2%-3.0pp	3.2%-4.9pp	8.1%+8.5pp	-0.4%

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22
Gross Margin	20.2%-3.3pp	23.5%+1.5pp	22.0%0.0pp	21.9%+0.3pp	21.6%-0.7pp	22.3%+1.4pp	20.9%+2.9pp	18.0%
Operating Margin	1.2%+2.1pp	-1.0%-1.0pp	0.0%-0.6pp	0.6%-0.2pp	0.8%-3.3pp	4.1%+6.6pp	-2.5%+54.8pp	-57.3%
Net Margin	-8.9%+1.5pp	-10.4%-0.8pp	-9.6%+0.1pp	-9.7%-0.6pp	-9.1%+2.2pp	-11.3%+5.3pp	-16.6%+56.1pp	-72.7%
Return on Assets	-4.2%+0.1pp	-4.4%-0.2pp	-4.2%-0.2pp	-4.0%-0.5pp	-3.6%+1.0pp	-4.6%+1.8pp	-6.4%+20.5pp	-26.9%
Current Ratio	0.350.0x	0.380.0x	0.410.0x	0.460.0x	0.470.0x	0.420.0x	0.420.0x	0.37
FCF Margin	0.9%-3.4pp	4.3%+16.4pp	-12.2%-26.9pp	14.8%+9.0pp	5.7%+6.1pp	-0.3%+20.6pp	-20.9%-19.3pp	-1.6%

Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.

Note: Shareholder equity is negative (-$855.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.46), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Where Exela Technologies Inc Ranks

Frequently Asked Questions

What is Exela Technologies Inc's annual revenue?

Exela Technologies Inc (XELA) reported $1.1B in total revenue for fiscal year 2023. This represents a -1.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Exela Technologies Inc's revenue growing?

Exela Technologies Inc (XELA) revenue declined by 1.2% year-over-year, from $1.1B to $1.1B in fiscal year 2023.

Is Exela Technologies Inc profitable?

No, Exela Technologies Inc (XELA) reported a net income of -$125.2M in fiscal year 2023, with a net profit margin of -11.8%.

What is Exela Technologies Inc's EBITDA?

Exela Technologies Inc (XELA) had EBITDA of $68.6M in fiscal year 2023, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Exela Technologies Inc have?

As of fiscal year 2023, Exela Technologies Inc (XELA) had $23.3M in cash and equivalents against $1.0B in long-term debt.

What is Exela Technologies Inc's gross margin?

Exela Technologies Inc (XELA) had a gross margin of 21.7% in fiscal year 2023, indicating the percentage of revenue retained after direct costs of goods sold.

What is Exela Technologies Inc's operating margin?

Exela Technologies Inc (XELA) had an operating margin of 0.8% in fiscal year 2023, reflecting the profitability of core business operations before interest and taxes.

What is Exela Technologies Inc's net profit margin?

Exela Technologies Inc (XELA) had a net profit margin of -11.8% in fiscal year 2023, representing the share of revenue converted into profit after all expenses.

What is Exela Technologies Inc's free cash flow?

Exela Technologies Inc (XELA) recorded an outflow of $4.5M in free cash flow during fiscal year 2023. This represents a 95.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Exela Technologies Inc's operating cash flow?

Exela Technologies Inc (XELA) generated $3.6M in operating cash flow during fiscal year 2023, representing cash generated from core business activities.

What are Exela Technologies Inc's total assets?

Exela Technologies Inc (XELA) had $636.3M in total assets as of fiscal year 2023, including both current and long-term assets.

What are Exela Technologies Inc's capital expenditures?

Exela Technologies Inc (XELA) invested $8.1M in capital expenditures during fiscal year 2023, funding long-term assets and infrastructure.

How much does Exela Technologies Inc spend on research and development?

Exela Technologies Inc (XELA) invested $1.2M in research and development during fiscal year 2023.

How many shares does Exela Technologies Inc have outstanding?

Exela Technologies Inc (XELA) had 6M shares outstanding as of fiscal year 2023.

What is Exela Technologies Inc's current ratio?

Exela Technologies Inc (XELA) had a current ratio of 0.46 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.

What is Exela Technologies Inc's return on assets (ROA)?

Exela Technologies Inc (XELA) had a return on assets of -19.7% for fiscal year 2023, measuring how efficiently the company uses its assets to generate profit.

Why is Exela Technologies Inc's debt-to-equity ratio negative or not reported?

Exela Technologies Inc (XELA) has negative shareholder equity of -$855.5M as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is Exela Technologies Inc's Piotroski F-Score?

Exela Technologies Inc (XELA) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Exela Technologies Inc's earnings high quality?

Exela Technologies Inc (XELA) reported a net loss of $125.2M while generating $3.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.