GATX Stock

GATX Liabilities 2024

GATX Liabilities

9.05 B USD

Ticker

GATX

ISIN

US3614481030

WKN

851137

In 2024, GATX's total liabilities amounted to 9.05 B USD, a 12.57% difference from the 8.04 B USD total liabilities in the previous year.

GATX Aktienanalyse

What does GATX do?

The GATX Corporation is an American company that operates in the leasing services sector and has its headquarters in Chicago. The company's history dates back to 1898 when it was founded as the German-American Tank Car Company. In its early days, the company exclusively dealt with the rental of railway wagons for the transportation of liquid goods such as oil and chemical substances. Over time, GATX expanded its offerings to include other types of transport vehicles, including tank containers and aircraft fuel tanks. Today, the company is no longer limited to rail transport but also leases freight cars, ships, aircraft, and heavy transports. GATX's business model is based on renting transportation equipment to customers in various industries, including the chemical and energy industry, the food and beverage industry, and the transportation and logistics industry. The company offers flexible lease agreements that allow customers to retrieve or return equipment as needed. In return, GATX receives regular rental income and retains ownership of the equipment. GATX is currently active in four major areas: Rail North America, Rail International, Portfolio Management, and American Steamship Company. The first division, Rail North America, is the company's largest business segment and includes the leasing of railway wagons and locomotives in North America. GATX offers a wide range of vehicle types here, including special wagons for the transport of liquids and gases. Rail International is GATX's second major business segment and encompasses the leasing of railway wagons and locomotives in Europe, Asia, and South America. This division is characterized by its strong presence in emerging countries, where the demand for transportation means is continuously increasing. The portfolio management division is responsible for the management and sale of equipment that is no longer needed or is being phased out for other reasons. Here, GATX can either sell the equipment directly to other companies or auction them off to the highest bidder through online auctions. Finally, the American Steamship Company is a subsidiary of GATX that specializes in the transportation of freight on the Great Lakes. The company operates a fleet of ships that typically transport iron and coal ores, coal, grain, and cement. GATX offers its customers a wide range of products tailored to the needs of different industries. This includes refueling cars and containers, specialized wagons for transporting liquid chemicals and other hazardous substances, heavy transports and containers, as well as specialized containers for transporting freight on aircraft. Overall, GATX Corporation is a significant player in the global transportation and logistics industry. With a wide range of rental equipment and services, the company has become an important partner for customers worldwide. GATX ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing GATX's Liabilities

GATX's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating GATX's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing GATX's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

GATX's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in GATX’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about GATX stock

What is the level of liabilities of GATX this year?

GATX has a debt balance of 9.05 B USD this year.

What were the liabilities of GATX compared to the previous year?

The liabilities of GATX have increased by 12.57% increased compared to the previous year.

What are the consequences of high debt for investors of GATX?

High liabilities can pose a risk for investors of GATX, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in GATX?

Low liabilities mean that GATX has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of GATX affect the company?

An increase in liabilities of GATX can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of GATX affect the company?

A decrease in the liabilities of GATX can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of GATX?

Some factors that can influence the liabilities of GATX include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of GATX so important for investors?

The liabilities of GATX are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can GATX take to modify the liabilities?

To change its liabilities, GATX can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does GATX pay?

Over the past 12 months, GATX paid a dividend of 2.2 USD . This corresponds to a dividend yield of about 1.65 %. For the coming 12 months, GATX is expected to pay a dividend of 2.29 USD.

What is the dividend yield of GATX?

The current dividend yield of GATX is 1.65 %.

When does GATX pay dividends?

GATX pays a quarterly dividend. This is distributed in the months of January, March, July, October.

How secure is the dividend of GATX?

GATX paid dividends every year for the past 23 years.

What is the dividend of GATX?

For the upcoming 12 months, dividends amounting to 2.29 USD are expected. This corresponds to a dividend yield of 1.72 %.

In which sector is GATX located?

GATX is assigned to the 'Industry' sector.

Wann musste ich die Aktien von GATX kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of GATX from 9/30/2024 amounting to 0.58 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.

When did GATX pay the last dividend?

The last dividend was paid out on 9/30/2024.

What was the dividend of GATX in the year 2023?

In the year 2023, GATX distributed 2.08 USD as dividends.

In which currency does GATX pay out the dividend?

The dividends of GATX are distributed in USD.

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Andere Kennzahlen von GATX

Our stock analysis for GATX Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of GATX Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.