GETRW
Getaround, Inc. operates as an online car rental service company for peer-to-peer car sharing. The company operates Getaround, a digital carsharing marketplace, which is accessed through the Getaround app and derives demand from guests who want access to cars nearby 24/7 for various use cases, such as local and long-distance getaways, running errands, business travel, and driving to earn through … Read more
GETRW (GETRW) - Net Assets
Latest net assets as of September 2024: $-33.45 Million USD
Based on the latest financial reports, GETRW (GETRW) has net assets worth $-33.45 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($153.31 Million) and total liabilities ($186.77 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-33.45 Million |
| % of Total Assets | -21.82% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
GETRW - Net Assets Trend (2020–2023)
This chart illustrates how GETRW's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for GETRW (2020–2023)
The table below shows the annual net assets of GETRW from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | $3.12 Million | -95.51% |
| 2022-09-30 | $69.50 Million | +117.32% |
| 2021-09-30 | $-401.22 Million | -44.58% |
| 2020-09-30 | $-277.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GETRW's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 37007400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $879.07 Million | 28184.48% |
| Total Equity | $3.12 Million | 100.00% |
GETRW Competitors by Market Cap
The table below lists competitors of GETRW ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HUDDLY AS -000625
F:14B
|
$142.02K |
|
Trematon Capital Investments
JSE:TMT
|
$142.03K |
|
PetroGas Co
PINK:PTCO
|
$142.04K |
|
Sydinvest Mellemlange Obligationer A DKK Akk
CO:SYIMOADKKA
|
$142.05K |
|
TOSKF
PINK:TOSKF
|
$141.90K |
|
MITSUBISHI GAS CHEM
BE:MUG
|
$141.72K |
|
PANASONIC - Dusseldorf Stock Exchang
DU:MAT1
|
$141.63K |
|
Morgan Stanley Direct Lending Fund
NYSE:MSDL
|
$141.40K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GETRW's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 69,500,000 to 3,119,000, a change of -66,381,000 (-95.5%).
- Net loss of 113,946,000 reduced equity.
- Other factors increased equity by 47,565,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-113.95 Million | -3653.29% |
| Other Changes | $47.56 Million | +1525.01% |
| Total Change | $- | -95.51% |
Book Value vs Market Value Analysis
This analysis compares GETRW's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.05x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | $-3.01 | $0.00 | x |
| 2021-09-30 | $-4.36 | $0.00 | x |
| 2022-09-30 | $0.75 | $0.00 | x |
| 2023-09-30 | $0.03 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GETRW utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -3653.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -156.78%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 51.66x
- Recent ROE (-3653.29%) is below the historical average (-962.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -281.06% | 0.24x | 0.00x | $-137.30 Million |
| 2021 | 0.00% | -190.37% | 0.28x | 0.00x | $-79.94 Million |
| 2022 | -195.78% | -228.85% | 0.29x | 2.96x | $-143.01 Million |
| 2023 | -3653.29% | -156.78% | 0.45x | 51.66x | $-114.26 Million |
Industry Comparison
This section compares GETRW's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GETRW (GETRW) | $-33.45 Million | 0.00% | N/A | $141.91K |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |