Avis Budget (CAR) Short-Term Debt issuances (2016 - 2023)
Avis Budget (CAR) posted Short-Term Debt issuances of -$3.0 million for Q3 2023, down 400.0% sequentially from $1.0 million in Q2 2023, and down 200.0% YoY from $3.0 million in Q3 2022.
Avis Budget (CAR) Short-Term Debt issuances (2016 - 2023) Analysis & Trends
Avis Budget has reported Short-Term Debt issuances for 7 years, with the latest figure at -$3.0 million in Q3 2023.
- Quarterly Short-Term Debt issuances fell 200.0% year-over-year to -$3.0 million in Q3 2023, while the trailing twelve-month figure through Jun 2024 was -$3.0 million (down 250.0% YoY) and the FY2022 annual result came in at -$1.0 million, down 200.0% from the prior year.
- Short-Term Debt issuances fell to -$3.0 million in Q3 2023 per CAR's latest filing, from $1.0 million in the prior quarter.
- Over five years, Short-Term Debt issuances peaked at $2.0 million in Q1 2023 and troughed at -$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.
- The sharpest annual moves came in 2022 and 2023: Short-Term Debt issuances soared 50.0% in 2022, then plunged 200.0% in 2023.
- Over 4 years, Short-Term Debt issuances stood at -$1.0 million in 2019, then surged by 200.0% to $1.0 million in 2021, then slumped by 200.0% to -$1.0 million in 2022, then slumped 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 | Sunbelt Rentals Holdings | 33.87 Bn | 33.85 Bn | 978.00 Mn | - |
| 2 | AerCap Holdings | 23.31 Bn | 23.31 Bn | 2.02 Bn | - |
| 3 | U-Haul Holding | 14.41 Bn | 14.41 Bn | - | - |
| 4 | Ryder System | 9.95 Bn | 9.95 Bn | 1.45 Bn | -174.00 Mn |
| 5 | Gatx | 6.34 Bn | 6.34 Bn | 555.30 Mn | -2.30 Mn |
| 6 | Herc Holdings | 5.72 Bn | 5.68 Bn | 713.00 Mn | 533.00 Mn |
| 7 | Avis Budget | 4.98 Bn | 4.42 Bn | - | - |
| 8 | WillScot Holdings | 4.15 Bn | 4.13 Bn | 306.26 Mn | - |
| 9 | Mcgrath Rentcorp | 2.96 Bn | 2.96 Bn | 107.91 Mn | 103.90 Mn |
| 10 | Custom Truck One Source | 2.42 Bn | 2.41 Bn | 123.97 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |