Avis Budget Group Debt-to-Equity Ratio Growth & History (CAR)

Avis Budget Group's debt-to-equity ratio was 9.29 for fiscal 2019.

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Avis Budget Group annual debt-to-equity ratio history

Avis Budget Group annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20192019-12-319.290.60+6.93%
20182018-12-318.692.32+36.55%
20172017-12-316.36−9.82−60.69%
20162016-12-3116.188.17+102.03%
20152015-12-318.012.87+55.73%
20142014-12-315.140.74+16.83%
20132013-12-314.400.56+14.71%
20122012-12-313.84−3.94−50.67%
20112011-12-317.781.68+27.48%
20102010-12-316.10−3.50−36.43%
20092009-12-319.60

Avis Budget Group debt-to-equity ratio trends

Over the last five fiscal years, Avis Budget Group's debt-to-equity ratio increased from 5.14 to 9.29, a change of 4.15. The latest reported quarter, Q2 2021, shows 73.26.

About the metric

What the debt-to-equity ratio means

The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.

Calculation and source

How debt-to-equity is calculated

TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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