The China high-speed trains use cable trays to neatly arrange the cables running through the distributed systems. On one hand, they protect cables against external electromagnetic interference and reduce external radiation from the cables. On the other hand, the cable trays create waveguide structures that affect the coupling among cables inside the cable trays. To simplify coupling analysis for cables going through a cable tray, a lumped circuit model was built using admittance blocks extracted from a mixed-potential integral equation (MPIE) formulation. In the MPIE formulation, either the half-free space or the waveguide dyadic Green's function was used depending on the region where the cables were. A test case was investigated. Results by the proposed circuit model were validated by measurement and full-wave simulation results.