TRITON INTERNATIONAL LTD filed this 20-F on 02/28/2025
Back to Results Entire Filing Printer Friendly Outline
TRITON INTERNATIONAL LTD - 20-F - 20250228 - BALANCE_SHEET
TRITON INTERNATIONAL LIMITED
CONSOLIDATED BALANCE SHEETS
(In thousands, except share data)
December 31, 2024December 31, 2023
ASSETS:  
Leasing equipment, net of accumulated depreciation of $4,776,458 and $4,482,185
$8,639,136 $8,768,917 
Net investment in finance leases1,585,812 1,507,292 
Equipment held for sale101,696 185,502 
Revenue earning assets10,326,644 10,461,711 
Cash and cash equivalents58,227 57,776 
Restricted cash111,489 91,450 
Accounts receivable, net of allowances of $1,317 and $738
232,420 243,443 
Goodwill236,665 236,665 
Other assets33,782 46,217 
Fair value of derivative instruments104,176 95,606 
Total assets$11,103,403 $11,232,868 
LIABILITIES AND SHAREHOLDERS' EQUITY:  
Equipment purchases payable$4,855 $31,597 
Fair value of derivative instruments 697 1,827 
Deferred revenue184,760 259,023 
Accounts payable and other accrued expenses87,694 116,888 
Net deferred income tax liability410,524 415,901 
Debt, net of unamortized costs of $48,743 and $43,924
7,605,720 7,470,634 
Total liabilities8,294,250 8,295,870 
Shareholders' equity:  
Preferred shares, $0.01 par value, at liquidation preference
730,000 730,000 
Common shares, $0.01 par value, 250,000,000 and 270,000,000 shares authorized, 101,158,891 shares issued and outstanding
1,012 1,012 
Undesignated shares, $0.01 par value, 20,800,000 and 800,000 shares authorized, no shares issued and outstanding
— — 
Additional paid-in capital (deficit)(304,274)(308,114)
Accumulated earnings2,289,072 2,428,531 
Accumulated other comprehensive income (loss)93,343 85,569 
Total shareholders' equity2,809,153 2,936,998 
Total liabilities and shareholders' equity$11,103,403 $11,232,868 
An IDX service. Copyright IDX. All rights reserved. Data provided by Edgar Online.