Avis Budget Group Inc (CAR)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -2,327,000 | -238,000 | -490,000 | -515,000 | -349,000 | -33,000 | -129,000 | -444,000 | -703,000 | -509,000 | -654,000 | -992,000 | -220,000 | -198,000 | 92,000 | -316,000 | -155,000 | -76,000 | -153,000 | 292,000 |
| Debt-to-capital ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 | — | — | — | — | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $-2,327,000K)
= —
The debt-to-capital ratio of Avis Budget Group Inc as per the provided data indicates that:
- As of March 31, 2020, the debt-to-capital ratio was 0.00, which suggests that the company had no debt relative to its capital at that point in time.
- The ratio for subsequent periods, including June 30, 2020, and beyond, is marked with "—", indicating that the data for these periods is not available or not applicable.
Based on the available information, it can be inferred that as of March 31, 2020, Avis Budget Group Inc had a very low or potentially insignificant level of debt in relation to its capital. However, without further data for the subsequent periods, it is challenging to provide a comprehensive analysis of the company's debt-to-capital ratio trend over time.
It would be advisable to monitor and analyze the debt-to-capital ratio over multiple periods to gain a clearer understanding of Avis Budget Group Inc's leverage and capital structure.
Peer comparison
Dec 31, 2024