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TelegramQuarterly report 2024-Q2
added 08-05-2024
The Aaron's Company Long-Term Debt 2011-2025 | AAN
Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.
Main characteristics:- Term exceeds 12 months
- Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
- Repaid through regular payments (interest and/or principal) over several years
- Investment in development
Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital. - Smoothing of cash flows
A long-term payment schedule facilitates budget planning and reduces short-term financial risks. - Optimization of capital structure
A combination of equity and borrowed capital can reduce the average cost of business financing.
A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.
If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.
It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.
Examples of long-term debt:- Mortgage loans for property purchases
- Corporate bonds issued by a company to raise capital
- Project financing — long-term loans for building or expanding production facilities
- Leasing obligations for equipment or transport
Annual Long-Term Debt The Aaron's Company
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 188 M | 219 M | - | 831 K | 338 M | 404 M | 272 M | 351 M | 601 M | 594 M | 128 M | 128 M | 154 M |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 601 M | 831 K | 281 M |
Quarterly Long-Term Debt The Aaron's Company
| 2024-Q2 | 2024-Q1 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 203 M | 205 M | 166 M | 182 M | 218 M | 219 M | 255 M | - | - | 10 M | - | - | - | 831 K | - | - | - | 257 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 257 M | 831 K | 172 M |
Long-Term Debt of other stocks in the Rental leasing industry
| Issuer | Long-Term Debt | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
 |
Fly Leasing Limited
FLY
|
1.94 B | - | - | $ 519 M |  Irlanda |
 |
Air Lease Corporation
AL
|
20.2 B | $ 64.18 | 0.13 % | $ 7.14 B |  USA |
 |
Avis Budget Group
CAR
|
5.37 B | $ 128.77 | -1.72 % | $ 4.57 B | USA |
 |
AeroCentury Corp.
ACY
|
13.8 M | - | -8.24 % | $ 140 M | USA |
 |
Fortress Transportation and Infrastructure Investors LLC
FTAI
|
3.44 B | $ 170.97 | -3.36 % | $ 17.4 B | USA |
 |
CAI International, Inc.
CAI
|
1.56 B | - | 0.02 % | $ 972 M | USA |
 |
GATX Corporation
GATX
|
8.27 B | $ 169.73 | 1.17 % | $ 6.08 B | USA |
 |
Herc Holdings
HRI
|
4.07 B | $ 153.39 | -0.35 % | $ 4.36 B | USA |
 |
H&E Equipment Services
HEES
|
946 M | - | - | $ 3.43 B | USA |
 |
McGrath RentCorp
MGRC
|
293 M | $ 108.0 | 1.15 % | $ 2.65 B | USA |
 |
Alta Equipment Group
ALTG
|
480 M | $ 5.24 | -3.94 % | $ 174 M | USA |
 |
PROG Holdings
PRG
|
644 M | $ 29.62 | -2.44 % | $ 1.26 B | USA |
 |
Ryder System
R
|
7.76 B | $ 191.72 | 1.17 % | $ 8.26 B | USA |
 |
TD Holdings
GLG
|
84.2 K | - | -12.57 % | $ 3.18 M |  China |
 |
HyreCar
HYRE
|
500 K | - | -3.46 % | $ 13.9 M | USA |
 |
Rent-A-Center
RCII
|
231 M | - | 2.43 % | $ 1.49 B | USA |
 |
AMERCO
UHAL
|
3.49 B | $ 52.85 | -1.21 % | $ 1.04 B | USA |
 |
United Rentals
URI
|
13.5 B | $ 809.79 | -1.01 % | $ 53.7 B | USA |
 |
Willis Lease Finance Corporation
WLFC
|
1.85 B | $ 136.47 | 2.65 % | $ 829 M | USA |
 |
Textainer Group Holdings Limited
TGH
|
5.13 B | - | 0.01 % | $ 2.32 B |  Bermuda |
 |
Triton International Limited
TRTN
|
8.14 B | - | - | $ 4.91 B | USA |
 |
WillScot Mobile Mini Holdings Corp.
WSC
|
3.68 B | $ 19.95 | -2.23 % | $ 3.75 B | USA |