Avis Budget Group Balance Sheet Health
Financial Health criteria checks 0/6
Avis Budget Group has a total shareholder equity of $-343.0M and total debt of $23.8B, which brings its debt-to-equity ratio to -6927.1%. Its total assets and total liabilities are $32.6B and $32.9B respectively. Avis Budget Group's EBIT is $3.0B making its interest coverage ratio 2.9. It has cash and short-term investments of $555.0M.
Key information
-6,927.1%
Debt to equity ratio
US$23.76b
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$555.00m |
| Equity | -US$343.00m |
| Total liabilities | US$32.91b |
| Total assets | US$32.57b |
Recent financial health updates
No updates
Recent updates
The Market Doesn't Like What It Sees From Avis Budget Group, Inc.'s (NASDAQ:CAR) Earnings Yet
Apr 18
Avis Budget Group's (NASDAQ:CAR) Returns On Capital Are Heading Higher
Mar 22Avis Budget Group Stock Crashed 34% Last Week
Feb 21Avis Budget Group: Not A Great Time To Start A Position
Feb 09Avis Budget Group, Inc. (NASDAQ:CAR) Looks Inexpensive But Perhaps Not Attractive Enough
Jan 16Avis Budget Group (NASDAQ:CAR) Is Experiencing Growth In Returns On Capital
Nov 25Avis Budget Group (NASDAQ:CAR) Might Have The Makings Of A Multi-Bagger
Aug 25Here's Why We Think Avis Budget Group (NASDAQ:CAR) Might Deserve Your Attention Today
Jul 08Is Avis Budget Group, Inc. (NASDAQ:CAR) Trading At A 49% Discount?
Jun 06Avis Budget Group (NASDAQ:CAR) Is Experiencing Growth In Returns On Capital
May 19If EPS Growth Is Important To You, Avis Budget Group (NASDAQ:CAR) Presents An Opportunity
Mar 11Avis Budget Group (NASDAQ:CAR) Is Experiencing Growth In Returns On Capital
Feb 13Avis Budget Group, Inc.'s (NASDAQ:CAR) Intrinsic Value Is Potentially 95% Above Its Share Price
Jan 06Margin Watch: Here are some of the Consumer Companies Maintaining their Margins Despite Rising Costs
Dec 19
Does Avis Budget Group (NASDAQ:CAR) Deserve A Spot On Your Watchlist?
Dec 11Declining Used Car Prices Create Downside For Avis Budget
Oct 14Avis Budget Group's (NASDAQ:CAR) Returns On Capital Are Heading Higher
Oct 12Is Avis Budget Group, Inc. (NASDAQ:CAR) Trading At A 34% Discount?
Aug 31Avis Budget Group: Selloff Is A New Buying Opportunity
Aug 22Is Now The Time To Put Avis Budget Group (NASDAQ:CAR) On Your Watchlist?
Aug 03Avis Budget Q2 2022 Earnings Preview
Jul 29Avis Budget Group (NASDAQ:CAR) Is Doing The Right Things To Multiply Its Share Price
Jul 11Ride With Avis Budget Group
Jun 09A Look At The Intrinsic Value Of Avis Budget Group, Inc. (NASDAQ:CAR)
Apr 30Financial Position Analysis
Short Term Liabilities: CAR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CAR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CAR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CAR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CAR's debt is not well covered by operating cash flow (16.1%).
Interest Coverage: CAR's interest payments on its debt are not well covered by EBIT (2.9x coverage).