CGIP (Celadon Group) Debt-to-Asset : 0.39 (As of Dec. 2016)

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What is Celadon Group Debt-to-Asset?

Celadon Group CGIP Debt-to-Asset is 0.39 as of Dec. 2016.

Celadon Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $84 Mil. Celadon Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $296 Mil. Celadon Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2016 was $982 Mil. Celadon Group's debt to asset for the quarter that ended in Dec. 2016 was 0.39.

Celadon Group  (OTCPK:CGIP) 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.

Celadon Group Debt-to-Asset Related Terms

Celadon Group Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Celadon Group'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.

Celadon Group Debt-to-Asset Chart

Celadon Group Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.46 0.38 0.48 0.41

Celadon Group Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.45 0.46 0.41 0.41 0.39

Celadon Group Debt-to-Asset Competitor Comparison

For the Trucking subindustry, Celadon Group'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.

Celadon Group Debt-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Celadon Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Celadon Group's Debt-to-Asset falls into.


Celadon Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Celadon Group's Debt-to-Asset for the fiscal year that ended in Jun. 2016 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(51.397 + 399.415) / 1103.29
=0.41

Celadon Group's Debt-to-Asset for the quarter that ended in Dec. 2016 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(84.351 + 296.115) / 981.722
=0.39

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.39 mean?
Celadon Group (CGIP) has a Debt-to-Asset of 0.39 as of Dec. 2016. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Celadon Group and its competitors.
Is Celadon Group's Debt-to-Asset too high?
Celadon Group's current Debt-to-Asset is 0.39.
How does Celadon Group's Debt-to-Asset compare to competitors?
Celadon Group's Debt-to-Asset of 0.39 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Transportation company?
A good Debt-to-Asset depends on the Transportation industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Celadon Group and its competitors. Celadon Group's current Debt-to-Asset is 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celadon Group stock overvalued right now?
Celadon Group (CGIP) has a current Debt-to-Asset of 0.39. The current Debt-to-Asset is 0.39. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Celadon Group (CGIP), the current Debt-to-Asset is 0.39 as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Celadon Group Business Description

Address 9503 East 33rd Street, One Celadon Drive, Indianapolis, IN, USA, 46235
Celadon Group Inc is a United States based company truckload freight transportation provider. Through its subsidiaries, the company provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. It also offers freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution. The operating segments of the company are Asset-based, Asset-light and Equipment leasing and services.