CAI International is a transportation finance company. Co. leases equipment, primarily intermodal shipping containers, to its customers. Co. also manages equipment for third-party investors. In operating its fleet, Co. leases, re-leases and disposes of equipment and contract for the repair, repositioning and storage of equipment. Co. operates in the worldwide intermodal freight container leasing industry. Intermodal freight containers, or containers, are larger, standardized steel boxes used to transport cargo by a number of means, including ship, truck and rail. Container shipping lines use containers as the primary means for packaging and transporting freight internationally. We show 51 historical shares outstanding datapoints in our CAI shares outstanding history coverage, used to compute CAI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CAI market cap history over the course of time is important for investors
interested in comparing CAI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CAI versus a peer is one thing; comparing
CAI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CAI can fluctuate over the course of history.
With this page we aim to empower investors researching CAI by allowing them to research the CAI market cap history. |
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Video: The Importance of Market Cap
