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Capital Product Partners LP (Capital Product Partners LP) Debt-to-Asset : 0.57 (As of Dec. 2023)


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What is Capital Product Partners LP Debt-to-Asset?

Capital Product Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $103.1 Mil. Capital Product Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,672.2 Mil. Capital Product Partners LP's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $3,140.3 Mil. Capital Product Partners LP's debt to asset for the quarter that ended in Dec. 2023 was 0.57.


Capital Product Partners LP Debt-to-Asset Historical Data

The historical data trend for Capital Product Partners LP'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.

Capital Product Partners LP Debt-to-Asset Chart

Capital Product Partners LP 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 0.37 0.46 0.69 0.65 0.57

Capital Product Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.65 0.66 0.66 0.65 0.57

Competitive Comparison of Capital Product Partners LP's Debt-to-Asset

For the Marine Shipping subindustry, Capital Product Partners LP'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.


Capital Product Partners LP's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Capital Product Partners LP's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Capital Product Partners LP's Debt-to-Asset falls into.



Capital Product Partners LP Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Capital Product Partners LP'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
=(103.116 + 1672.179) / 3140.299
=0.57

Capital Product Partners LP's Debt-to-Asset for the quarter 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
=(103.116 + 1672.179) / 3140.299
=0.57

* 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.


Capital Product Partners LP  (NAS:CPLP) 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.


Capital Product Partners LP Debt-to-Asset Related Terms

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Capital Product Partners LP (Capital Product Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
3 Iassonos Street, Piraeus, GRC, 18537
Capital Product Partners LP is in the seaborne transportation of cargoes, crude oil, gasoline, diesel, fuel oil, jet fuel and edible oils and dry cargo and containerized goods. Its vessels include; suezmax crude oil tankers, medium-range product tankers, neo panamax container carriers and capsize bulk carrier. Its vessels are capable of carrying a wide range of cargoes, including crude oil, refined oil products (such as gasoline, diesel, fuel oil and jet fuel), edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods under short-term voyage charters and medium to long-term time and bareboat charters.