RideNow (RDNW) Beginning Cash Balance (2014 - 2019)
RideNow (RDNW) posted quarterly Beginning Cash Balance of $3.2 million for Q1 2019, up 199.71% year-over-year from $1.1 million in Q1 2018, and up 199.71% on a QoQ basis from $1.1 million in Q1 2018.
RideNow (RDNW) Beginning Cash Balance (2014 - 2019) Analysis & Trends
RideNow (RDNW) has reported Beginning Cash Balance for 4 consecutive years, with $3.2 million the latest figure, recorded in 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 came in at $3.2 million for Q1 2019 at RideNow, up from $1.1 million in the prior quarter.
- The five-year high for Beginning Cash Balance was $3.2 million in Q1 2019, with the low at $1.1 million in Q1 2018.
- Average Beginning Cash Balance over 3 years is $2.0 million, with a median of $1.6 million recorded in 2017.
- The largest YoY upside for Beginning Cash Balance was 199.71% in 2019 against a maximum downside of 199.71% in 2019.
- Year by year, Beginning Cash Balance stood at $1.6 million in 2017, then tumbled by 34.45% to $1.1 million in 2018, then surged by 199.71% to $3.2 million in 2019.
- According to Business Quant data, Beginning Cash Balance over the past three periods registered $3.2 million, $1.1 million, and $1.6 million for Q1 2019, Q1 2018, and Q4 2017 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn |
| 10 | RideNow | 251.29 Mn | 221.79 Mn | 70.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |