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CAI International (CAI International) Effective Interest Rate on Debt % : 0.00% (As of Sep. 2021)


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What is CAI International Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. CAI International's annualized positive value of Interest Expense for the quarter that ended in Sep. 2021 was $0.0 Mil. CAI International's average total debt for the quarter that ended in Sep. 2021 was $2,041.4 Mil. Therefore, CAI International's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 was 0.00%.


CAI International Effective Interest Rate on Debt % Historical Data

The historical data trend for CAI International's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CAI International Effective Interest Rate on Debt % Chart

CAI International Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 2.63 3.24 3.71 3.19

CAI International Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.18 1.41 2.50 2.44 -

Competitive Comparison of CAI International's Effective Interest Rate on Debt %

For the Rental & Leasing Services subindustry, CAI International's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CAI International's Effective Interest Rate on Debt % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CAI International's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where CAI International's Effective Interest Rate on Debt % falls into.



CAI International Effective Interest Rate on Debt % Calculation

CAI International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2020 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2019 )+Total Debt  (A: Dec. 2020 ))/ count )
=-1  *  -61.565/( (2104.316+1749.731)/ 2 )
=-1  *  -61.565/1927.0235
=3.19 %

where

Total Debt  (A: Dec. 2019 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1884.122 + 220.194
=2104.316

Total Debt  (A: Dec. 2020 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1564.083 + 185.648
=1749.731

CAI International's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2021 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Jun. 2021 )+Total Debt  (Q: Sep. 2021 ))/ count )
=-1  *  0/( (1823.164+2259.629)/ 2 )
=-1  *  0/2041.3965
=0.00 %

where

Total Debt  (Q: Jun. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1706.731 + 116.433
=1823.164

Total Debt  (Q: Sep. 2021 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2097.881 + 161.748
=2259.629

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Sep. 2021) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


CAI International  (NYSE:CAI) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


CAI International Effective Interest Rate on Debt % Related Terms

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CAI International (CAI International) Business Description

Traded in Other Exchanges
N/A
Address
Steuart Tower, 1 Market Plaza, Suite 2400, San Francisco, CA, USA, 94105
CAI International Inc is a global transportation finance and logistics company. It is organized into one segment namely Container leasing. The container leasing segment owns and leases containers and earns fees for managing container portfolios on behalf of third-party investors. The company operates across the United States, Switzerland, France, Korea, Singapore, and other parts of Asia and Europe. It offers various type of containers comprising Dry van containers, Refrigerated containers, open-top, flat-rack, palletwide and swapbody containers, roll trailers, and generator sets.
Executives
Daniel James Hallahan officer: Senior VP, Global Marketing GREYS FARM STANFORD RIVERS ROAD MARDEN ASH ONGAR ESSEX X0 CM5 9BT
Timothy B Page director, officer: EVP and Interim CEO 3000 NW 107TH AVE MIAMI FL 33172
John H Williford director STEUART TOWER, 1 MARKET PLAZA, SUITE 900, SAN FRANCISCO CA 94105
Gary Sawka director ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
Kathryn G Jackson director STEUART TOWER 1 MARKET PLAZA, SUITE 900 SAN FRANCISCO CA 94105
Andrew Ogawa director, 10 percent owner 49 FAIRVIEW AVE ATHERTON CA 94027
David G Remington director ONE EMBARCADERO CENTER, SUITE 2101, SAN FRANCISCO CA 94111
Victor Garcia director, officer: President and CEO ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
Camille Cutino officer: VP, Operations and HR ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
Masaaki Nishibori director ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
Marvin Dennis director ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
Ogawa Family Trust 10 percent owner 49 FAIRVIEW AVE ATHERTON CA 94027
Hiromitsu Ogawa director, 10 percent owner ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
William Liebeck director ONE EMBARCADERO CENTER, SUITE 2101 SAN FRANCISCO CA 94111
Nadine Baleeiro Teixeira officer: VP International Legal Affairs ONE EMBARCADERO CENTER SUITE 2101 SAN FRANCISCO CA 94111