Avis Budget Group Balance Sheet Health
Financial Health criteria checks 0/6
Avis Budget Group has a total shareholder equity of $-3.0B and total debt of $25.3B, which brings its debt-to-equity ratio to -830.4%. Its total assets and total liabilities are $31.3B and $34.3B respectively. Avis Budget Group's EBIT is $997.0M making its interest coverage ratio 0.7. It has cash and short-term investments of $519.0M.
Key information
-830.41%
Debt to equity ratio
US$25.26b
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$519.00m |
| Equity | -US$3.04b |
| Total liabilities | US$34.30b |
| Total assets | US$31.26b |
Recent financial health updates
Recent updates
The Empty Tank: Why I Am Shorting Avis Budget
Apr 02The Market Doesn't Like What It Sees From Avis Budget Group, Inc.'s (NASDAQ:CAR) Revenues Yet As Shares Tumble 26%
Aug 26
There's No Escaping Avis Budget Group, Inc.'s (NASDAQ:CAR) Muted Revenues Despite A 44% Share Price Rise
Jun 25Avis Budget Group (NASDAQ:CAR) Might Be Having Difficulty Using Its Capital Effectively
Jun 13Avis Budget Group, Inc. (NASDAQ:CAR) Shares Fly 52% But Investors Aren't Buying For Growth
Apr 26Avis Budget Is A Prime Beneficiary From Auto Tariffs (Upgrade)
Mar 28Avis Budget Group Is Still Not A Buy Unless You Expect Plunging Interest Rates
Oct 20
Fleet Rightsizing And Critical Partnerships Propel Growth Amid Margin And Earnings Pressure Concerns
Avis Budget Group's strategic focus on fleet optimization and proprietary pricing systems indicates a robust approach towards enhancing profitability and revenue growth.Avis Budget Group: Concerns Are Mostly Priced In, But I Am Not Buying Yet
Aug 09Avis Budget Group: Company Getting Very Attractive Now But Caution Warranted
May 05Avis Budget Group Stock Crashed 34% Last Week
Feb 21Avis Budget Group: Not A Great Time To Start A Position
Feb 09Financial 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 (13%).
Interest Coverage: CAR's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/20 10:53 |
| End of Day Share Price | 2026/04/17 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Avis Budget Group, Inc. is covered by 13 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Dan Levy | Barclays |
| Federico Merendi | BofA Global Research |
| John Babcock | BofA Global Research |