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Crown Castle International (Crown Castle International) Debt-to-Asset : 0.76 (As of Mar. 2024)


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What is Crown Castle International Debt-to-Asset?

Crown Castle International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,167.00 Mil. Crown Castle International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $27,957.00 Mil. Crown Castle International's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $38,231.00 Mil. Crown Castle International's debt to asset for the quarter that ended in Mar. 2024 was 0.76.

Crown Castle International Debt-to-Asset Historical Data

The historical data trend for Crown Castle International's Debt-to-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.

Crown Castle International Debt-to-Asset Chart

Crown Castle International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.62 0.66 0.69 0.72 0.75

Crown Castle International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-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 0.73 0.73 0.74 0.75 0.76

Competitive Comparison of Crown Castle International's Debt-to-Asset

For the REIT - Specialty subindustry, Crown Castle International's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Crown Castle International's Debt-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Crown Castle International's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Crown Castle International's Debt-to-Asset falls into.


Crown Castle International Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Crown Castle International's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1167 + 27647) / 38527
=0.75

Crown Castle International's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1167 + 27957) / 38231
=0.76

* 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.

Crown Castle International  (NYSE:CCIpA.PFD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Crown Castle International Debt-to-Asset Related Terms

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Crown Castle International (Crown Castle International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crown Castle International Corp (NYSE:CCIpA.PFD) » Definitions » Debt-to-Asset
Comparable Companies
DLR IRM WY SBAC EQIX LAMR GLPI RYN PCH EPR AMT BSP:ZIFI11 HASI OUT UNIT ASX:WPR ASX:ARF SGX:DCRU ASX:CQE FPI
Traded in Other Exchanges
CCI:USA 8CW:Germany 8CW:Germany C1CI34:Brazil
Address
8020 Katy Freeway, Houston, TX, USA, 77024-1908
Website
https://www.crowncastle.com
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.