Cash Ratio Analysis of Avis Budget Group Inc - Deep Dive
Cash Ratio of CAR
Dec-230.209Poor Cash Ratio | Dec-220.221Poor 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
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CAR | 105.53 | 105.25 | 0.266 % | Rental & Leasing Services |
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 Related Ratios
CurrentRatio | QuickRatio | DebtToEquityRatio |
Tsr Stability Index
Very Low Stability Stock |
FY - Historical Cash Ratio of Avis Budget Group Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Cash Ratio | 0.209 | 0.221 | 0.222 | 0.337 | 0.308 | 0.358 | 0.371 |
Change | -5.74 % | -0.142 % | -34.21 % | 9.33 % | -13.97 % | -3.51 % | 33.94 % |
FY Chart of Cash Ratio of Avis Budget Group Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)