CAI International (CAI International) Debt-to-Equity : 2.82 (As of Sep. 2021)

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What is CAI International Debt-to-Equity?

CAI International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $161.7 Mil. CAI International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $2,097.9 Mil. CAI International's Total Stockholders Equity for the quarter that ended in Sep. 2021 was $800.7 Mil. CAI International's debt to equity for the quarter that ended in Sep. 2021 was 2.82.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CAI International's Debt-to-Equity or its related term are showing as below:

CAI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.78 Med: 2.83 Max: 7.95
Current: 2.82

During the past 13 years, the highest Debt-to-Equity Ratio of CAI International was 7.95. The lowest was 0.78. And the median was 2.83.

CAI's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.4 vs CAI: 2.82

CAI International Debt-to-Equity Historical Data

The historical data trend for CAI International's Debt-to-Equity 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 Debt-to-Equity Chart

CAI International Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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3.23

3.02

3.08

3.04

2.49

CAI International Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Debt-to-Equity	Get a 7-Day Free Trial															3.16	2.49	2.52	2.41	2.82

Competitive Comparison of CAI International's Debt-to-Equity

For the Rental & Leasing Services subindustry, CAI International's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CAI International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CAI International's Debt-to-Equity falls into.

CAI International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CAI International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(185.648	+	1564.083)	/	702.24
	=	2.49

CAI International's Debt to Equity Ratio for the quarter that ended in Sep. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(161.748	+	2097.881)	/	800.716
	=	2.82

CAI International (NYSE:CAI) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

CAI International Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of CAI International's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

CAI International (CAI International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CAI International Inc (NYSE:CAI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Steuart Tower, 1 Market Plaza, Suite 2400, San Francisco, CA, USA, 94105

Website

https://www.capps.com

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