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CAI International (CAI International) LT-Debt-to-Total-Asset : 0.64 (As of Sep. 2021)


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What is CAI International LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. CAI International's long-term debt to total assests ratio for the quarter that ended in Sep. 2021 was 0.64.

CAI International's long-term debt to total assets ratio increased from Sep. 2020 (0.56) to Sep. 2021 (0.64). It may suggest that CAI International is progressively becoming more dependent on debt to grow their business.


CAI International LT-Debt-to-Total-Asset Historical Data

The historical data trend for CAI International's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

CAI International Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.65 0.61 0.65 0.60

CAI International Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
LT-Debt-to-Total-Asset 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 0.56 0.60 0.61 0.58 0.64

CAI International LT-Debt-to-Total-Asset Calculation

CAI International's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )/Total Assets (A: Dec. 2020 )
=1564.083/2612.632
=0.60

CAI International's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (Q: Sep. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2021 )/Total Assets (Q: Sep. 2021 )
=2097.881/3266.342
=0.64

* 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.


CAI International  (NYSE:CAI) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.


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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