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Avis Budget (CAR) Short-Term Debt issuances (2016 - 2023)

Avis Budget recorded quarterly Short-Term Debt issuances of -$3.0 million in Q3 2023, down 400.0% quarter-over-quarter from $1.0 million in Q2 2023, and down 200.0% year-over-year from $3.0 million in Q3 2022.

Avis Budget's Short-Term Debt issuances history runs 7 years deep, the most recent figure standing at -$3.0 million for Q3 2023.

  • In Q3 2023, Short-Term Debt issuances fell 200.0% year-over-year to -$3.0 million; the TTM figure through Jun 2024 stood at -$3.0 million (down 250.0% YoY), while the FY2022 annual figure was -$1.0 million, down 200.0% from the prior year.
  • Short-Term Debt issuances came in at -$3.0 million for Q3 2023 at Avis Budget, down from $1.0 million in the prior quarter.
  • In the past five years, Short-Term Debt issuances ranged from a high of $2.0 million in Q1 2023 to a low of -$3.0 million in Q3 2023.
  • A 4-year average of -$428571.4 and a median of -$1.0 million in 2019 frame the typical range for Short-Term Debt issuances.
  • Across the five-year window, Short-Term Debt issuances surged 50.0% in 2022 and tumbled 200.0% in 2023, its largest moves.
  • Avis Budget's Short-Term Debt issuances stood at -$1.0 million in 2019, then jumped by 200.0% to $1.0 million in 2021, then sank by 200.0% to -$1.0 million in 2022, then sank by 200.0% to -$3.0 million in 2023.
  • According to Business Quant data, Short-Term Debt issuances over the past three periods registered -$3.0 million, $1.0 million, and $2.0 million for Q3 2023, Q2 2023, and Q1 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Short-Term Debt issuances (Qtr)
1 FTAI Aviation 25.24 Bn 24.83 Bn 765.71 Mn -
2 Ryder System 9.37 Bn 9.37 Bn 3.02 Bn 33.00 Mn
3 U-Haul Holding 9.00 Bn 9.00 Bn -42.05 Mn 808.81 Mn
4 Gatx 6.17 Bn 7.05 Bn 561.90 Mn -23.40 Mn
5 Avis Budget 5.57 Bn 5.16 Bn - -
6 WillScot Holdings 4.38 Bn 4.38 Bn 285.68 Mn -
7 Herc Holdings 4.30 Bn 4.26 Bn 686.00 Mn 571.00 Mn
8 Mcgrath Rentcorp 2.69 Bn 2.69 Bn 96.89 Mn 31.07 Mn
9 Custom Truck One Source 2.10 Bn 2.10 Bn 103.06 Mn -
10 Vestis 1.53 Bn 1.48 Bn 173.69 Mn -

Historic Data

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DateValue
Sep 30, 2023 -3.00 Mn
Sep 30, 2023 -3.00 Mn
Jun 30, 2023 1.00 Mn
Jun 30, 2023 1.00 Mn
Mar 31, 2023 2.00 Mn
Mar 31, 2023 2.00 Mn
Sep 30, 2022 -1.00 Mn
Sep 30, 2022 -1.00 Mn
Dec 31, 2021 1.00 Mn
Dec 31, 2021 1.00 Mn
Sep 30, 2021 -2.00 Mn
Sep 30, 2021 -2.00 Mn
Dec 31, 2019 -1.00 Mn
Dec 31, 2019 -1.00 Mn
Sep 30, 2018 -2.00 Mn
Sep 30, 2018 -2.00 Mn
Jun 30, 2018 -1.00 Mn
Jun 30, 2018 -1.00 Mn
Mar 31, 2018 -1.00 Mn
Mar 31, 2018 -1.00 Mn
Dec 31, 2017 -1.00 Mn
Dec 31, 2017 -1.00 Mn
Sep 30, 2017 -2.00 Mn
Sep 30, 2017 -2.00 Mn
Jun 30, 2017 -1.00 Mn
Jun 30, 2017 -1.00 Mn
Dec 31, 2016 3.00 Mn
Dec 31, 2016 3.00 Mn