Avis Budget Group Inc (CAR)
Financial leverage ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 32,569,000 | 32,304,000 | 31,395,000 | 27,388,000 | 25,927,000 | 25,197,000 | 26,095,000 | 23,573,000 | 22,600,000 | 21,610,000 | 22,013,000 | 18,609,000 | 17,538,000 | 19,596,000 | 21,690,000 | 23,552,000 | 23,126,000 | 23,108,000 | 24,455,000 | 22,902,000 |
| Total stockholders’ equity | US$ in thousands | -349,000 | -33,000 | -129,000 | -444,000 | -703,000 | -509,000 | -654,000 | -992,000 | -220,000 | -211,000 | 92,000 | -316,000 | -155,000 | -76,000 | -153,000 | 292,000 | 656,000 | 495,000 | 376,000 | 324,000 |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | 239.27 | — | — | — | — | 80.66 | 35.25 | 46.68 | 65.04 | 70.69 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $32,569,000K ÷ $-349,000K
= —
I'm sorry, but without specific values for the financial leverage ratio of Avis Budget Group Inc in each quarter, I am unable to provide a detailed analysis. The financial leverage ratio is a key metric that indicates the company's level of debt relative to its equity. By comparing this ratio over different quarters and years, analysts can assess the company's leverage and its ability to meet its financial obligations. If you can provide the values for the financial leverage ratio in each quarter, I would be able to offer a more detailed analysis.
Peer comparison
Dec 31, 2023
Company name
Symbol
Financial leverage ratio
Avis Budget Group Inc
CAR
—
Hertz Global Holdings Inc
HTZ
7.96
Ryder System Inc
R
5.14