Avis Budget Group Balance Sheet Health
Financial Health criteria checks 0/6
Avis Budget Group has a total shareholder equity of $-482.0M and total debt of $24.8B, which brings its debt-to-equity ratio to -5144.2%. Its total assets and total liabilities are $33.9B and $34.4B respectively. Avis Budget Group's EBIT is $2.1B making its interest coverage ratio 1.7. It has cash and short-term investments of $511.0M.
Key information
-5,144.2%
Debt to equity ratio
US$24.80b
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$511.00m |
| Equity | -US$482.00m |
| Total liabilities | US$34.36b |
| Total assets | US$33.88b |
Recent financial health updates
No updates
Recent updates
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 07
Investors 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 05The Market Doesn't Like What It Sees From Avis Budget Group, Inc.'s (NASDAQ:CAR) Earnings Yet
Apr 18Avis 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 11Financial 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 (14.2%).
Interest Coverage: CAR's interest payments on its debt are not well covered by EBIT (1.7x coverage).