Avis Historical Financial Ratios
| CAR Stock | USD 102.67 1.03 1.01% |
Avis Budget is presently reporting on over 113 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0571, Days Sales Outstanding of 56.84 or Invested Capital of 0.0 will help investors to properly organize and evaluate Avis Budget Group financial condition quickly.
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About Avis Financial Ratios Analysis
Avis Budget GroupFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Avis Budget investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Avis financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Avis Budget history.
Avis Budget Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Avis Budget Group stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Avis Budget sales, a figure that is much harder to manipulate than other Avis Budget Group multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Operating Cash Flow Per Share
A measure of the cash generated from a company's normal business operations per share, indicating how much cash is generated from a company's business operations on a per-share basis.Average Payables
The average amount owed to suppliers and creditors over a specific period, reflecting the company's payment cycle and credit terms with suppliers.Free Cash Flow Per Share
The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.Most ratios from Avis Budget's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Avis Budget Group current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avis Budget Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Avis Budget's Net Income Per Share is relatively stable compared to the past year. As of 11/25/2024, Payables Turnover is likely to grow to 12.24, while Dividend Yield is likely to drop 0.06.
| 2023 | 2024 (projected) | Dividend Yield | 0.0601 | 0.0571 | Price To Sales Ratio | 0.57 | 0.34 |
Avis Budget fundamentals Correlations
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Avis Budget Account Relationship Matchups
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Avis Budget fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.26 | 0.49 | 1.45 | 0.65 | 0.57 | 0.34 | |
| Ptb Ratio | 3.7 | (16.97) | (61.17) | (11.03) | (19.45) | (18.48) | |
| Days Sales Outstanding | 43.14 | 53.65 | 39.7 | 28.97 | 33.19 | 56.84 | |
| Book Value Per Share | 8.72 | (2.2) | (3.22) | (14.8) | (8.96) | (8.51) | |
| Free Cash Flow Yield | (0.0375) | 1.5 | (0.19) | 0.0743 | (1.71) | (1.8) | |
| Operating Cash Flow Per Share | 34.39 | 9.8 | 53.79 | 99.51 | 99.95 | 104.95 | |
| Stock Based Compensation To Revenue | 0.002399 | 0.001666 | 0.003221 | 0.002084 | 0.002498 | 0.002895 | |
| Capex To Depreciation | 0.85 | 1.27 | 2.45 | 1.47 | 4.48 | 4.7 | |
| Pb Ratio | 3.7 | (16.97) | (61.17) | (11.03) | (19.45) | (18.48) | |
| Ev To Sales | 2.06 | 2.89 | 3.3 | 2.34 | 2.72 | 2.86 | |
| Free Cash Flow Per Share | (1.21) | 56.01 | (39.97) | 12.18 | (303.66) | (288.47) | |
| Roic | 0.0402 | (0.0347) | 0.11 | 0.17 | 0.61 | 0.64 | |
| Inventory Turnover | 10.29 | 10.47 | 7.37 | 4.88 | 5.61 | 10.0 | |
| Net Income Per Share | 4.02 | (9.7) | 19.8 | 58.44 | 42.61 | 44.74 | |
| Days Of Inventory On Hand | 35.48 | 34.85 | 49.55 | 74.78 | 67.3 | 36.58 | |
| Payables Turnover | 6.37 | 4.28 | 3.71 | 2.64 | 11.65 | 12.24 | |
| Cash Per Share | 9.12 | 9.82 | 8.23 | 12.05 | 14.49 | 15.22 | |
| Pocfratio | 0.94 | 3.81 | 3.86 | 1.65 | 1.77 | 2.76 | |
| Interest Coverage | 3.25 | (2.29) | 9.78 | 15.65 | 10.78 | 5.93 | |
| Capex To Operating Cash Flow | 1.04 | 4.71 | 1.74 | 0.88 | 4.04 | 2.25 | |
| Pfcf Ratio | (26.64) | 0.67 | (5.19) | 13.46 | (0.58) | (0.55) | |
| Days Payables Outstanding | 57.32 | 85.3 | 98.38 | 138.28 | 31.32 | 32.89 | |
| Income Quality | 8.56 | (1.01) | 2.72 | 1.71 | 2.35 | 3.82 | |
| Roe | 0.46 | 4.41 | (5.84) | (3.93) | (4.68) | (4.44) | |
| Ev To Operating Cash Flow | 7.29 | 22.57 | 8.8 | 5.97 | 8.54 | 5.98 | |
| Pe Ratio | 8.03 | (3.84) | 10.47 | 2.81 | 4.16 | 3.95 | |
| Return On Tangible Assets | 0.0142 | (0.0438) | 0.0619 | 0.11 | 0.053 | 0.044 | |
| Ev To Free Cash Flow | (207.26) | 3.95 | (11.85) | 48.79 | (2.81) | (2.67) | |
| Earnings Yield | 0.12 | (0.26) | 0.0955 | 0.36 | 0.24 | 0.25 | |
| Net Debt To E B I T D A | 4.15 | 5.96 | 3.65 | 2.85 | 4.03 | 4.57 | |
| Current Ratio | 0.96 | 0.87 | 0.77 | 0.73 | 0.8 | 0.76 | |
| Tangible Book Value Per Share | (16.53) | (29.3) | (31.45) | (51.5) | (55.14) | (52.39) | |
| Receivables Turnover | 8.46 | 6.8 | 9.19 | 12.6 | 11.0 | 7.19 | |
| Graham Number | 28.08 | 21.91 | 38.86 | 139.79 | 93.47 | 98.14 | |
| Shareholders Equity Per Share | 8.72 | (2.2) | (3.39) | (14.86) | (9.11) | (8.66) |
Pair Trading with Avis Budget
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avis Budget position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avis Budget will appreciate offsetting losses from the drop in the long position's value.Moving together with Avis Stock
Moving against Avis Stock
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| 0.41 | TRTN-PD | Triton International | PairCorr |
The ability to find closely correlated positions to Avis Budget could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avis Budget when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avis Budget - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avis Budget Group to buy it.
The correlation of Avis Budget is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avis Budget moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avis Budget Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avis Budget can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Avis Stock Analysis
When running Avis Budget's price analysis, check to measure Avis Budget's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avis Budget is operating at the current time. Most of Avis Budget's value examination focuses on studying past and present price action to predict the probability of Avis Budget's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avis Budget's price. Additionally, you may evaluate how the addition of Avis Budget to your portfolios can decrease your overall portfolio volatility.