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
DateValue
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