RideNow (RDNW) Convertible Debt (2016 - 2023)
RideNow (RDNW) posted quarterly Convertible Debt of $34.2 million for Q3 2023, up 9.66% year-over-year from $31.2 million in Q3 2022, and up 2.4% quarter-over-quarter from $33.4 million in Q2 2023.
RideNow (RDNW) Convertible Debt (2016 - 2023) Analysis & Trends
RideNow's Convertible Debt history runs 6 years deep, the most recent figure standing at $34.2 million for Q3 2023.
- In Q3 2023, Convertible Debt rose 9.66% year-over-year to $34.2 million; the TTM figure through Sep 2023 stood at $34.2 million (up 9.66% YoY), while the FY2022 annual figure was $31.9 million, up 8.48% from the prior year.
- Convertible Debt for Q3 2023 stood at $34.2 million, up from $33.4 million in the prior quarter.
- The five-year high for Convertible Debt was $34.2 million in Q3 2023, with the low at $19.4 million in Q2 2019.
- The 5-year median for Convertible Debt is $28.6 million (2021), against an average of $28.1 million.
- The sharpest annual moves came in 2020 and 2021: Convertible Debt soared 37.71% in 2020, then climbed 6.01% in 2021.
- RideNow's Convertible Debt stood at $20.1 million in 2019, then surged by 37.71% to $27.7 million in 2020, then rose by 6.01% to $29.4 million in 2021, then climbed by 8.48% to $31.9 million in 2022, then rose by 7.23% to $34.2 million in 2023.
- Business Quant data shows RDNW's Convertible Debt at $34.2 million in Q3 2023, $33.4 million in Q2 2023, and $32.6 million in Q1 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Uxin | 79.73 Bn | 79.73 Bn | - |
| 2 | Carvana | 51.39 Bn | 48.65 Bn | 1.38 Bn |
| 3 | Penske Automotive | 14.30 Bn | 14.23 Bn | 1.36 Bn |
| 4 | Lithia Motors | 8.61 Bn | 8.25 Bn | 1.50 Bn |
| 5 | Carmax | 8.32 Bn | 7.73 Bn | 854.41 Mn |
| 6 | Autonation | 7.03 Bn | 6.98 Bn | 1.23 Bn |
| 7 | Autozi Internet Technology (Global) | 6.46 Bn | 6.28 Bn | - |
| 8 | Rush Enterprises Inc \Tx\ | 6.33 Bn | 6.07 Bn | 361.67 Mn |
| 9 | Valvoline | 4.30 Bn | 4.22 Bn | 214.90 Mn |
| 10 | RideNow | 240.47 Mn | 227.07 Mn | 70.90 Mn |
Historic Data
Download 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 |