Avis Budget Group Inc (CAR)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 9,668,000 | 32,569,000 | 25,927,000 | 22,600,000 | 17,538,000 |
| Total stockholders’ equity | US$ in thousands | -2,327,000 | -349,000 | -703,000 | -220,000 | -155,000 |
| Financial leverage ratio | — | — | — | — | — |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $9,668,000K ÷ $-2,327,000K
= —
The financial leverage ratio for Avis Budget Group Inc is not available for the years 2020 to 2024 based on the provided data. This ratio is important as it indicates the proportion of the company's debt in relation to its equity and provides insights into its capital structure and financial risk. Without information on the financial leverage ratio, it is challenging to assess the company's reliance on debt financing and the potential impact on its overall financial health and stability.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
Avis Budget Group Inc
CAR
—
Hertz Global Holdings Inc
HTZ
142.50
Ryder System Inc
R
5.35