SeaCube Container Leasing (FRA:03S) Cash-to-Debt : 0.01 (As of Dec. 2012)

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What is SeaCube Container Leasing Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. SeaCube Container Leasing's cash to debt ratio for the quarter that ended in Dec. 2012 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, SeaCube Container Leasing couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2012.

The historical rank and industry rank for SeaCube Container Leasing's Cash-to-Debt or its related term are showing as below:

FRA:03S's Cash-to-Debt is not ranked ^*
in the Business Services industry.
Industry Median: 0.99
* Ranked among companies with meaningful Cash-to-Debt only.

SeaCube Container Leasing Cash-to-Debt Historical Data

The historical data trend for SeaCube Container Leasing's Cash-to-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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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SeaCube Container Leasing Cash-to-Debt Chart

SeaCube Container Leasing Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Cash-to-Debt

0.03

0.01

0.02

0.01

SeaCube Container Leasing Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12
Cash-to-Debt	Get a 7-Day Free Trial								0.01	0.02	0.02	0.01	0.01

Competitive Comparison of SeaCube Container Leasing's Cash-to-Debt

For the Rental & Leasing Services subindustry, SeaCube Container Leasing's Cash-to-Debt, along with its competitors' market caps and Cash-to-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.

SeaCube Container Leasing's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SeaCube Container Leasing's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where SeaCube Container Leasing's Cash-to-Debt falls into.

SeaCube Container Leasing Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

SeaCube Container Leasing's Cash to Debt Ratio for the fiscal year that ended in Dec. 2012 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	12.587	/	(137.317	+	1045.996)
	=	0.01

SeaCube Container Leasing's Cash to Debt Ratio for the quarter that ended in Dec. 2012 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	12.587	/	(137.317	+	1045.996)
	=	0.01

SeaCube Container Leasing (FRA:03S) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

SeaCube Container Leasing Cash-to-Debt Related Terms

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SeaCube Container Leasing (FRA:03S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SeaCube Container Leasing Ltd (FRA:03S) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

SeaCube Container Leasing Ltd was incorporated in Bermuda in March 2010. It is a container leasing company based on total assets. Containers are the primary means by which products are shipped internationally because they facilitate the secure and efficient movement of goods via multiple transportation modes, including ships, rail and trucks. The principal activities of its business include the acquisition, leasing, re-leasing and subsequent sale of refrigerated and dry containers and generator sets. It leases its containers primarily under long-term contracts to a diverse group of the shipping lines. It owns or manages a fleet of 507,013 units, representing 795,039 TEUs of containers and generator sets. It leases three types of assets: Reefers, which are used for perishable items such as fresh and frozen foods; Dry freight containers, which are used for general cargo such as manufactured component parts, consumer staples and apparel; and Gensets, which are diesel generators used to provide mobile power to reefers. The Company's fleet of equipment consists of three types of container assets: refrigerated containers, dry freight containers and generator sets. Refrigerated containers, or reefers, are insulated containers that include an integrated cooling machine. These containers are typically used to carry perishable cargo such as fresh and frozen produce, meat, poultry, fish and other temperature sensitive products. A dry container is essentially a steel box with a set of doors on one end. Dry containers are the least-expensive type of intermodal container and are used to carry most types of freight. Generator sets, or gensets, are portable diesel fueled generators used to power reefers. They can be used when reefers are transported by trucks. It competes with Textainer Group, Florens Group, Triton Container, TAL International and GE Seaco. The Company is subject to federal, state, local and foreign laws and regulations relating to the protection of the environment, including those governing the discharge of pollutants to air and water, the management and disposal of hazardous substances and wastes and the cleanup of contaminated sites.

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