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
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