Avis Budget (CAR) Beginning Cash Balance (2017 - 2022)

Avis Budget has disclosed Beginning Cash Balance across 6 years of filings, most recently posting $88.0 million for Q4 2022.

• Beginning Cash Balance for Q4 2022 came in at $88.0 million, down 17.76% year-over-year; the trailing twelve-month figure through Dec 2022 was $439.0 million (up 19.62% YoY), and the FY2022 annual result was $439.0 million, up 19.62% from the prior year.
• Beginning Cash Balance came in at $88.0 million for Q4 2022 at Avis Budget, down from $141.0 million in the prior quarter.
• In the past five years, Beginning Cash Balance ranged from a high of $175.0 million in Q1 2020 to a low of $22.0 million in Q2 2018.
• The 5-year median for Beginning Cash Balance is $86.0 million (2022), against an average of $85.1 million.
• Across the five-year window, Beginning Cash Balance jumped 304.55% in 2019 and tumbled 86.29% in 2021, its largest moves.
• Avis Budget's Beginning Cash Balance stood at $72.0 million in 2018, then tumbled by 58.33% to $30.0 million in 2019, then soared by 43.33% to $43.0 million in 2020, then jumped by 148.84% to $107.0 million in 2021, then declined by 17.76% to $88.0 million in 2022.
• The last three Beginning Cash Balance figures came in at $88.0 million (Q4 2022), $141.0 million (Q3 2022), and $126.0 million (Q2 2022), per Business Quant data.