RideNow (RDNW) Beginning Cash Balance (2014 - 2019)

RideNow (RDNW) recorded quarterly Beginning Cash Balance of $3.2 million in Q1 2019, up 199.71% quarter-over-quarter from $1.1 million in Q1 2018, and up 199.71% on a YoY basis from $1.1 million in Q1 2018.

RideNow (RDNW) Beginning Cash Balance (2014 - 2019) Analysis & Trends

RideNow's Beginning Cash Balance history runs 4 years deep, the most recent figure standing at $3.2 million for Q1 2019.

  • In Q1 2019, Beginning Cash Balance rose 199.71% year-over-year to $3.2 million; the TTM figure through Mar 2019 stood at $4.3 million (up 58.27% YoY), while the FY2017 annual figure was $1.6 million, up 944.3% from the prior year.
  • Beginning Cash Balance was $3.2 million for Q1 2019 at RideNow, up from $1.1 million in the prior quarter.
  • In the past five years, Beginning Cash Balance ranged from a high of $3.2 million in Q1 2019 to a low of $1.1 million in Q1 2018.
  • Historically, Beginning Cash Balance has averaged $2.0 million across 3 years, with a median of $1.6 million in 2017.
  • Biggest YoY gain for Beginning Cash Balance was 199.71% in 2019; the steepest drop was 199.71% in 2019.
  • A 3-year view of Beginning Cash Balance shows it stood at $1.6 million in 2017, then slumped by 34.45% to $1.1 million in 2018, then surged by 199.71% to $3.2 million in 2019.
  • The last three Beginning Cash Balance figures came in at $3.2 million (Q1 2019), $1.1 million (Q1 2018), and $1.6 million (Q4 2017), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn
10 RideNow 277.10 Mn 247.60 Mn 70.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2019 3.24 Mn
Mar 31, 2019 3.24 Mn
Mar 31, 2018 1.08 Mn
Mar 31, 2018 1.08 Mn
Dec 31, 2017 1.65 Mn
Dec 31, 2017 1.65 Mn
Feb 28, 2014 2,086.00
Feb 28, 2014 2,086.00