Cash Ratio Analysis of Avis Budget Group Inc - Deep Dive
WARN : Please note that some of the values may not be in base currency

Cash Ratio of CAR
Dec-23
0.209
Poor Cash Ratio
Dec-22
0.221
Poor Cash Ratio
Growth
-5.74
%
Cash Ratio Analysis of Avis Budget Group Inc
Cash Ratio of Avis Budget Group Inc with value of 0.209 indicates that a company has generated low cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of CAR has fallen by -5.74 % Compared to previous Financial Year.
Cash Ratio with value of 0.337 was highest in Year Dec-20 in last Five Years.
Cash Ratio of CAR trending down for at least three Years.
Latest Cash Ratio with value of 0.209 is lower than Average Cash Ratio of 0.259 in last five years.
Other Cash Ratio Related Info of CAR that may interest you.
Avis Budget Group Inc Overview
CodePricePrevious PricePrice ChangeSector
CAR105.53105.25 0.266 % Rental & Leasing Services
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
Very Low Stability Stock
FY - Historical Cash Ratio of Avis Budget Group Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Cash Ratio0.2090.2210.2220.3370.3080.3580.371
Change-5.74 %-0.142 %-34.21 %9.33 %-13.97 %-3.51 %33.94 %
You are view first 7 Records. Log in to view all 39 in Premium view
FY Chart of Cash Ratio of Avis Budget Group Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)