RideNow (RDNW) Times Interest Earned (2014 - 2024)
RideNow (RDNW) posted quarterly Times Interest Earned of $0.32 for Q1 2024, up 912.07% year-over-year from $0.03 in Q2 2023, and up 109.98% on a QoQ basis from -$3.24 in Q4 2023.
RideNow (RDNW) Times Interest Earned (2014 - 2024) Analysis & Trends
RideNow (RDNW) has reported Times Interest Earned for 10 consecutive years, with $0.32 the latest figure, recorded in Q1 2024.
- In Q1 2024, Times Interest Earned rose 912.07% year-over-year to $0.32; the TTM figure through Dec 2024 stood at -$0.94 (down 4.87% YoY), while the FY2023 annual figure was -$0.9, up 81.97% from the prior year.
- Times Interest Earned came in at $0.32 for Q1 2024 at RideNow, up from -$3.24 in the prior quarter.
- The five-year high for Times Interest Earned was $288.93 in Q4 2020, with the low at -$19.91 in Q4 2022.
- Average Times Interest Earned over 5 years is $23.73, with a median of $0.32 recorded in 2024.
- Across the five-year window, Times Interest Earned soared 10820.76% in 2020 and slumped 1139.72% in 2022, its largest moves.
- Year by year, Times Interest Earned stood at $288.93 in 2020, then tumbled by 99.34% to $1.91 in 2021, then plunged by 1139.72% to -$19.91 in 2022, then surged by 83.74% to -$3.24 in 2023, then soared by 109.98% to $0.32 in 2024.
- According to Business Quant data, Times Interest Earned over the past three periods registered $0.32, -$3.24, and -$0.01 for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 5.87 |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | - |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | 6.48 |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 4.78 |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 6.55 |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 11.07 |
| 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, 2024 | 0.32 |
| Dec 31, 2023 | -3.24 |
| Sep 30, 2023 | -0.01 |
| Jun 30, 2023 | 0.04 |
| Mar 31, 2023 | -0.04 |
| Dec 31, 2022 | -19.91 |
| Sep 30, 2022 | 1.15 |
| Jun 30, 2022 | 2.43 |
| Mar 31, 2022 | 2.03 |
| Dec 31, 2021 | 1.91 |
| Sep 30, 2021 | -4.96 |
| Jun 30, 2021 | 0.40 |
| Mar 31, 2021 | -1.75 |
| Dec 31, 2020 | 288.93 |
| Sep 30, 2020 | 4.57 |
| Jun 30, 2020 | 140.55 |
| Mar 31, 2020 | -8.97 |
| Dec 31, 2019 | 2.65 |
| Sep 30, 2019 | -3.68 |
| Jun 30, 2019 | -5.24 |