Avis Budget Group Inc (CAR)
Return on total capital
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | -2,273,000 | 2,210,000 | 4,336,000 | 2,255,000 | -387,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -2,327,000 | -349,000 | -703,000 | -220,000 | -155,000 |
| Return on total capital | — | — | — | — | — |
December 31, 2024 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $-2,273,000K ÷ ($—K + $-2,327,000K)
= —
Based on the provided data for Avis Budget Group Inc, the return on total capital ratio is not available for the years 2020, 2021, 2022, 2023, and 2024. It is essential to note that the return on total capital is a key financial metric that assesses a company's efficiency in generating returns from all of its invested capital, including both equity and debt.
The absence of data for the return on total capital ratio makes it challenging to evaluate Avis Budget Group Inc's performance in utilizing its total capital effectively to generate profits. Without this ratio, it is difficult to gauge the company's overall financial health, profitability, and how efficiently it is utilizing its resources to create value for its stakeholders.
In the absence of specific values for the return on total capital, it is recommended to closely monitor future financial reports and disclosures from Avis Budget Group Inc to assess any changes in the company's ability to generate returns on its total invested capital. This ratio plays a significant role in evaluating a company's financial performance and should be considered alongside other financial metrics for a comprehensive analysis.
Peer comparison
Dec 31, 2024