Avis Budget Group Balance Sheet Health
Financial Health criteria checks 0/6
Avis Budget Group has a total shareholder equity of $-2.8B and total debt of $23.2B, which brings its debt-to-equity ratio to -824.6%. Its total assets and total liabilities are $29.0B and $31.9B respectively. Avis Budget Group's EBIT is $771.0M making its interest coverage ratio 0.6. It has cash and short-term investments of $516.0M.
Key information
-824.58%
Debt to equity ratio
US$23.18b
Debt
| Interest coverage ratio | 0.6x |
| Cash | US$516.00m |
| Equity | -US$2.81b |
| Total liabilities | US$31.86b |
| Total assets | US$29.04b |
Recent financial health updates
No updates
Recent updates
There's No Escaping Avis Budget Group, Inc.'s (NASDAQ:CAR) Muted Revenues Despite A 44% Share Price Rise
Jun 25
Avis Budget Group (NASDAQ:CAR) Might Be Having Difficulty Using Its Capital Effectively
Jun 13Avis Budget: Used Car Optimism Is Priced In (Downgrade)
May 28Avis 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 28Lacklustre Performance Is Driving Avis Budget Group, Inc.'s (NASDAQ:CAR) 27% Price Drop
Mar 12Avis Budget Group, Inc. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Feb 14Returns Are Gaining Momentum At Avis Budget Group (NASDAQ:CAR)
Feb 04Avis Budget Group, Inc.'s (NASDAQ:CAR) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Nov 20Avis Budget Group (NASDAQ:CAR) Is Looking To Continue Growing Its Returns On Capital
Nov 02Avis Budget Group Is Still Not A Buy Unless You Expect Plunging Interest Rates
Oct 20Avis Budget Group, Inc.'s (NASDAQ:CAR) Price Is Right But Growth Is Lacking After Shares Rocket 28%
Oct 06
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 09Benign Growth For Avis Budget Group, Inc. (NASDAQ:CAR) Underpins Its Share Price
Aug 07Investors Will Want Avis Budget Group's (NASDAQ:CAR) Growth In ROCE To Persist
Jul 11Avis 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 (15.3%).
Interest Coverage: CAR's interest payments on its debt are not well covered by EBIT (0.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/30 23:06 |
| End of Day Share Price | 2025/06/30 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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
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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 17 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 |
|---|---|
| Fred Lowrance | Avondale Partners |
| Dan Levy | Barclays |
| Brian Johnson | Barclays |