RumbleOn Balance Sheet Health
Financial Health criteria checks 3/6
RumbleOn has a total shareholder equity of $83.3M and total debt of $491.5M, which brings its debt-to-equity ratio to 590%. Its total assets and total liabilities are $830.5M and $747.2M respectively. RumbleOn's EBIT is $7.8M making its interest coverage ratio 0.1. It has cash and short-term investments of $50.1M.
Key information
590.0%
Debt to equity ratio
US$491.50m
Debt
| Interest coverage ratio | 0.1x |
| Cash | US$50.10m |
| Equity | US$83.30m |
| Total liabilities | US$747.20m |
| Total assets | US$830.50m |
Recent financial health updates
Is RumbleOn (NASDAQ:RMBL) Using Too Much Debt?
Sep 27
Health Check: How Prudently Does RumbleOn (NASDAQ:RMBL) Use Debt?
Jun 22Is RumbleON (NASDAQ:RMBL) Using Debt Sensibly?
Mar 15These 4 Measures Indicate That RumbleON (NASDAQ:RMBL) Is Using Debt Extensively
May 17RumbleON (NASDAQ:RMBL) Seems To Be Using A Lot Of Debt
Oct 28Here's Why RumbleON (NASDAQ:RMBL) Is Weighed Down By Its Debt Load
Jun 23Recent updates
RumbleOn, Inc.'s (NASDAQ:RMBL) P/S Is Still On The Mark Following 34% Share Price Bounce
Oct 06Is RumbleOn (NASDAQ:RMBL) Using Too Much Debt?
Sep 27RumbleOn, Inc. (NASDAQ:RMBL) Analysts Just Slashed This Year's Revenue Estimates By 10%
Aug 09RumbleOn, Inc. (NASDAQ:RMBL) Stocks Pounded By 26% But Not Lagging Industry On Growth Or Pricing
Jun 29Health Check: How Prudently Does RumbleOn (NASDAQ:RMBL) Use Debt?
Jun 22Is RumbleON (NASDAQ:RMBL) Using Debt Sensibly?
Mar 15Not Many Are Piling Into RumbleON, Inc. (NASDAQ:RMBL) Stock Yet As It Plummets 25%
Mar 15Revenues Not Telling The Story For RumbleON, Inc. (NASDAQ:RMBL) After Shares Rise 28%
Dec 19RumbleON, Inc.'s (NASDAQ:RMBL) Popularity With Investors Is Clear
Jul 31These 4 Measures Indicate That RumbleON (NASDAQ:RMBL) Is Using Debt Extensively
May 17The RumbleON, Inc. (NASDAQ:RMBL) Analysts Have Been Trimming Their Sales Forecasts
Nov 10RumbleON (NASDAQ:RMBL) Seems To Be Using A Lot Of Debt
Oct 28RumbleON's (NASDAQ:RMBL) Earnings Aren't As Good As They Appear
Aug 17RumbleON Non-GAAP EPS of $1.20 beats by $0.13, revenue of $546.1M beats by $32.51M
Aug 09Here's Why RumbleON (NASDAQ:RMBL) Is Weighed Down By Its Debt Load
Jun 23Financial Position Analysis
Short Term Liabilities: RMBL's short term assets ($394.6M) exceed its short term liabilities ($351.9M).
Long Term Liabilities: RMBL's short term assets ($394.6M) do not cover its long term liabilities ($395.3M).
Debt to Equity History and Analysis
Debt Level: RMBL's net debt to equity ratio (529.9%) is considered high.
Reducing Debt: RMBL's debt to equity ratio has increased from 282.3% to 590% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable RMBL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RMBL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.3% per year.