RideNow (RDNW) Convertible Debt (2016 - 2023)
RideNow (RDNW) reported Convertible Debt of $34.2 million for Q3 2023, up 9.7% from $31.19 million a year earlier and up 2.4% from the prior quarter.
Analysis
RideNow (RDNW) Convertible Debt (2016 - 2023) Analysis & Trends
At the end of FY2022, RideNow posted Convertible Debt of $31.89 million, up 8.5% from FY2021.
- Convertible Debt has increased for three consecutive years, with a three-year compound annual growth rate of 16.6% (FY2019 to FY2022).
- By year, Convertible Debt came in at $29.4 million in FY2021 (+6.0%), $27.73 million in FY2020 (+37.7%) and $20.14 million in FY2019.
- The Q3 2023 figure ranks as the highest quarterly Convertible Debt in data going back to Q3 2016.
- Year over year, Convertible Debt has now increased in each of the last ten quarters, with growth averaging 8.4% over the last eight quarters.
- Over the past five years, the year-over-year growth in Convertible Debt ranged from 6.0% (Q4 2021) to 37.7% (Q4 2020).
- Per Business Quant data, the three quarters before Q3 2023 came in at $33.39 million (Q2 2023), $32.63 million (Q1 2023) and $31.89 million (Q4 2022).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn |
| 10 | RideNow | 241.56 Mn | 85.26 Mn | 84.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 34.20 Mn |
| Jun 30, 2023 | 33.39 Mn |
| Mar 31, 2023 | 32.63 Mn |
| Dec 31, 2022 | 31.89 Mn |
| Sep 30, 2022 | 31.19 Mn |
| Jun 30, 2022 | 30.51 Mn |
| Mar 31, 2022 | 29.86 Mn |
| Dec 31, 2021 | 29.40 Mn |
| Sep 30, 2021 | 28.65 Mn |
| Jun 30, 2021 | 28.49 Mn |
| Mar 31, 2021 | 27.57 Mn |
| Dec 31, 2020 | 27.73 Mn |
| Sep 30, 2020 | 26.68 Mn |
| Jun 30, 2020 | 26.33 Mn |
| Dec 31, 2019 | 20.14 Mn |
| Sep 30, 2019 | 19.72 Mn |
| Jun 30, 2019 | 19.35 Mn |
| Aug 31, 2016 | 197,358.00 |
API Access
RideNow Convertible Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=convertible-debt&ticker=RDNW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "convertible-debt", "ticker": "RDNW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=convertible-debt&ticker=RDNW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();