Stocks TelegraphStocks Telegraph
Stock Ideas

CAR Financial Statements and Analysis

NASDAQ : CAR

Avis Budget Group, Inc.

$90.30
0.115+0.13%
At Close 4:00 PM
$90.09
-0.21-0.23%
After-Market 04:52 PM
70.08
BESG ScoreESG Rating

CAR FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

CAR Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue3.48B3.048B2.551B2.764B3.564B
cost of revenue2.356B2.233B2.036B1.989B1.543B
gross profit1.124B815.00M515.00M775.00M2.021B
gross profit ratio0.3230.2670.2020.280.567
research and development expenses00000
general and administrative expenses000223.00M0
selling and marketing expenses00086.00M0
selling general and administrative expenses367.00M348.00M325.00M309.00M397.00M
other expenses0-39.00M-1.00M-41.00M-1.00M
operating expenses408.00M387.00M325.00M350.00M397.00M
cost and expenses2.764B2.62B2.361B2.339B1.94B
interest income0000288.00M
interest expense95.00M88.00M83.00M304.00M80.00M
depreciation and amortization1.079B944.00M925.00M832.00M55.00M
ebitda1.737B1.304B1.106B1.257B891.00M
ebitda ratio0.4990.450.3480.4550.25
operating income716.00M428.00M190.00M425.00M1.624B
operating income ratio0.2060.140.0740.1540.456
total other income expenses net-387.00M-420.00M-332.00M-263.00M-867.00M
income before tax329.00M27.00M-142.00M162.00M757.00M
income before tax ratio0.0950.009-0.0560.0590.212
income tax expense91.00M12.00M-29.00M-98.00M130.00M
net income237.00M14.00M-114.00M259.00M626.00M
net income ratio0.0680.005-0.0450.0940.176
eps6.680.39-3.207.1916.96
eps diluted6.640.39-3.207.1216.78
weighted average shs out35.50M35.60M35.60M36.00M36.90M
weighted average shs out dil35.70M35.70M35.60M36.40M37.30M
Graph

CAR Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents
short term investments
cash and short term investments
net receivables
inventory
other current assets
total current assets
property plant equipment net
goodwill
intangible assets
goodwill and intangible assets
long term investments
tax assets
other non current assets
total non current assets
other assets
total assets
account payables
short term debt
tax payables
deferred revenue
other current liabilities
total current liabilities
long term debt
deferred revenue non current
deferred tax liabilities non current
other non current liabilities
total non current liabilities
other liabilities
capital lease obligations
total liabilities
preferred stock
common stock
retained earnings
accumulated other comprehensive income loss
other total stockholders equity
total stockholders equity
total equity
total liabilities and stockholders equity
minority interest
total investments
total debt
net debt
Graph

CAR Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax000191.00M-144.00M
stock based compensation1.00M6.00M7.00M6.00M8.00M
change in working capital428.00M-133.00M-295.00M-455.00M-332.00M
accounts receivables32.00M-86.00M-8.00M41.00M-32.00M
inventory000-1.00M0
accounts payables-23.00M34.00M46.00M-100.00M-80.00M
other working capital400.00M-81.00M-319.00M-395.00M-220.00M
other non cash items-526.00M1.999B1.40B-40.00M104.00M
net cash provided by operating activities1.273B884.00M589.00M793.00M1.253B
investments in property plant and equipment4.189B-2.859B-1.465B-2.669B-3.803B
acquisitions net-4.426B1.816B2.61B2.286B2.129B
purchases of investments373.00M-119.00M-254.00M-116.00M-96.00M
sales maturities of investments-385.00M125.00M260.00M77.00M72.00M
other investing activites2.68B6.00M-53.00M6.00M-18.00M
net cash used for investing activites2.431B-1.037B-1.518B-416.00M-1.716B
debt repayment-1.099B-140.00M-959.00M-144.00M-5.764B
common stock issued00018.00M0
common stock repurchased16.00M-1.00M-15.00M-261.00M-490.00M
dividends paid000-355.00M0
other financing activites47.00M-9.00M897.00M270.00M6.766B
net cash used provided by financing activities-1.036B139.00M897.00M-472.00M512.00M
effect of forex changes on cash15.00M-2.00M-13.00M18.00M-10.00M
net change in cash2.683B-11.00M40.00M-16.00M39.00M
cash at end of period3.198B515.00M599.00M559.00M721.00M
cash at beginning of period515.00M526.00M559.00M575.00M682.00M
operating cashflow1.273B884.00M589.00M793.00M1.253B
capital expenditure4.189B-2.859B-1.465B-2.669B-3.803B
free cash flow5.462B-1.975B-876.00M-1.876B-2.55B
Graph

Frequently Asked Questions

How did Avis Budget Group, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, CAR generated $3.48B in revenue last quarter, while its costs came in at $2.36B.

Last quarter, how much Gross Profit did Avis Budget Group, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Avis Budget Group, Inc. reported a $1.12B Gross Profit for the quarter ended Sep 30, 2024.

Have CAR's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. CAR incurred $408.00M worth of Operating Expenses, while it generated $716.00M worth of Operating Income.

How much Net Income has CAR posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Avis Budget Group, Inc., the company generated $237.00M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Avis Budget Group, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Avis Budget Group, Inc. as of the end of the last quarter was -.

What are CAR's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, CAR had Total Net Receivables of -.

In terms of Total Assets and Current Assets, where did Avis Budget Group, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of CAR were -, while the Total Assets stand at -.

As of the last quarter, how much Total Debt did Avis Budget Group, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of CAR's debt was - at the end of the last quarter.

What were CAR's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, CAR reported total liabilities of -.

How much did CAR's Working Capital change over the last quarter?

Working Capital Change for CAR was $428.00M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

CAR generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. CAR generated $1.27B of Cash from Operating Activities during its recently reported quarter.

What was CAR's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. CAR reported a $2.68B Net Change in Cash in the most recent quarter.

logo

Stocks Telegraph provides information and tools designed to assist investors and Wall Street players. A major goal is to offer financiers comprehensive information that will help them gain insight into investing.

Stocks Telegraph does not provide any advice or recommendations for buying or selling stocks, securities, or other financial products. Information contained on this website is for informational purposes only and should not be construed as professional financial, investment or other advice. Stocks Telegraph is not liable for any loss or damage that may occur as a result of reliance on this data.

© 2025 Stocks Telegraph All rights reserved.
Most stock quote data provided by financialmodelingprep.com

stockstelegraph

Don't have an account?

stockstelegraph

Don't have an account?

stockstelegraph

Already have an account?

stockstelegraph
Smart Screening Tools for Exceptional Returns
stockstelegraph

For just $1, you can unlock ST Grading’s top-rated stocks that consistently beat the market. Our AI-powered Smart Screener finds winning trades in seconds, helping you uncover hidden opportunities before others do.

Ready to Win Big?

Try Now for Just $1!
stockstelegraph