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| 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 |