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
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