Avis Budget Group Inc (CAR)
Debt-to-equity 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-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0.00 | — | — | — | — | 0.00 |
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 shows a value of 0.00 as of March 31, 2020, and June 30, 2021. A debt-to-equity ratio of 0.00 indicates that the company had no debt relative to its equity during those periods. However, the subsequent data points are marked as "—" indicating that the specific values for the ratio are not available for analysis.
A debt-to-equity ratio of 0.00 can sometimes suggest that the company is operating with minimal or no debt financing, which could be viewed positively from a risk perspective as it indicates lower financial leverage. However, it is essential to consider the context of the specific industry and company circumstances to fully assess the implications of such a ratio.
Without additional data for the subsequent periods, it is challenging to track the trend of the debt-to-equity ratio and evaluate any potential changes in the company's capital structure. It would be beneficial to monitor future financial reports to gain a better understanding of Avis Budget Group Inc's debt levels and its impact on overall financial health and performance.
Peer comparison
Dec 31, 2024