Avis Budget Group Inc (CAR)
Debt-to-equity ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | -2,327,000 | -349,000 | -703,000 | -220,000 | -155,000 |
Debt-to-equity ratio | — | — | — | — | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-2,327,000K
= —
The debt-to-equity ratio for Avis Budget Group Inc is not provided for the years 2020 to 2024, as indicated by the data presented. This lack of information hinders a comprehensive analysis of the company's leverage position during these periods. The debt-to-equity ratio is a key financial metric used to evaluate a company's debt levels relative to its equity, indicating the extent to which a company is financed by debt versus equity. Without this ratio data, it is challenging to assess Avis Budget Group Inc's capital structure and its financial risk profile during the specified years.
Peer comparison
Dec 31, 2024