GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Triton International Ltd (NYSE:TRTN) » Definitions » Effective Interest Rate on Debt %

Triton International (Triton International) Effective Interest Rate on Debt % : 0.00% (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Triton 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. Triton International's annualized positive value of Interest Expense for the quarter that ended in Dec. 2023 was $0 Mil. Triton International's average total debt for the quarter that ended in Dec. 2023 was $7,618 Mil. Therefore, Triton International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 was 0.00%.


Triton International Effective Interest Rate on Debt % Historical Data

The historical data trend for Triton 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.

Triton International Effective Interest Rate on Debt % Chart

Triton International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Triton International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

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

For the Rental & Leasing Services subindustry, Triton 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.


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

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

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



Triton International Effective Interest Rate on Debt % Calculation

Triton International's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2022 )+Total Debt  (A: Dec. 2023 ))/ count )
=-1  *  0/( (8074.82+7470.634)/ 2 )
=-1  *  0/7772.727
=0.00 %

where

Total Debt  (A: Dec. 2022 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8074.82 + 0
=8074.82

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7470.634 + 0
=7470.634

Triton International's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2023 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2023 )+Total Debt  (Q: Dec. 2023 ))/ count )
=-1  *  0/( (7764.997+7470.634)/ 2 )
=-1  *  0/7617.8155
=0.00 %

where

Total Debt  (Q: Sep. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7764.997 + 0
=7764.997

Total Debt  (Q: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=7470.634 + 0
=7470.634

* 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 (Dec. 2023) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


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

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


Triton International Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Triton International's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.


Triton International (Triton International) Business Description

Traded in Other Exchanges
N/A
Address
31 Victoria Street, Victoria Place, 5th Floor, Hamilton, BMU, HM 10
Triton International Ltd operates as a lessor of intermodal containers. It also leases chassis which are used for the transportation of containers. The operating segments are Equipment leasing and Equipment trading. It has a presence in Asia, Europe, America, Bermuda, and Other countries. The company leases equipment such as Dry freight, Refrigerated, Special, Chassis, and Tank containers. The revenue is generated from the Equipment leasing segment.
Executives
Thanos Holdings Ltd 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
John C Hellmann director
Brookfield Infrastructure Partners L.p. 10 percent owner 73 FRONT STREET, HAMILTON D0 HM12
Brookfield Infrastructure Corp 10 percent owner 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281
David Joynt director 181 BAY STREET, SUITE 100, TORONTO A6 M5J 2T3
Ben Vaughan director 181 BAY STREET, SUITE 100, TORONTO A6 M5J 2T3
James Bodi director 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Thanos Aggregator Llc 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Brookfield Infrastructure Partners Ltd 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Brookfield Asset Management Inc. 10 percent owner BROOKFIELD PLACE, 181 BAY ST, STE 100, PO BOX 762, TORONTO A6 M5J2T3
Bif V Bermuda Gp Ltd 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Bif V Carry Splitter L.p. 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Bipc Holding Lp 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Bif V Thanos Carry L.p. 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12
Brookfield If V Thanos Aggregator Llc 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM 12

Triton International (Triton International) Headlines