Avis Budget Group Inc (CAR) — Tangible Net Worth Ratio
Avis Budget Group Inc (CAR) has a Tangible Net Worth Ratio of -703.3% as of June 2021. This metric is calculated by deducting intangible assets ($739.00 Million) from net assets ($92.00 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. For live market cap and overall valuation, see market value of Avis Budget Group Inc.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Avis Budget Group Inc Tangible Net Worth Ratio (1985–2019)
This chart shows how Avis Budget Group Inc's Tangible Net Worth Ratio has changed across 32 annual periods from 1985 to 2019. As of June 2021, the ratio stands at -703.3%, reflecting net assets of $92.00 Million with intangible assets of $739.00 Million USD. Also explore Avis Budget Group Inc (CAR) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Avis Budget Group Inc (1985–2019)
The table below presents the year-by-year Tangible Net Worth Ratio for Avis Budget Group Inc from 1985 to 2019, covering 32 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. See CAR free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2019 | -21.6% | $656.00 Million | $798.00 Million | $23.93 Billion | ▲ +77.6 pp |
| 2018 | -99.3% | $414.00 Million | $825.00 Million | $19.23 Billion | ▼ -50.9 pp |
| 2017 | -48.3% | $573.00 Million | $850.00 Million | $17.84 Billion | ▲ +245.3 pp |
| 2016 | -293.7% | $221.00 Million | $870.00 Million | $17.79 Billion | ▼ -184.8 pp |
| 2015 | -108.9% | $439.00 Million | $917.00 Million | $17.85 Billion | ▼ -75.7 pp |
| 2014 | -33.2% | $665.00 Million | $886.00 Million | $17.02 Billion | ▼ -13.5 pp |
| 2013 | -19.7% | $771.00 Million | $923.00 Million | $16.34 Billion | ▼ -23.1 pp |
| 2012 | 3.4% | $757.00 Million | $731.00 Million | $15.22 Billion | ▲ +76.5 pp |
| 2011 | -73.1% | $412.00 Million | $713.00 Million | $12.94 Billion | ▼ -55.7 pp |
| 2010 | -17.3% | $410.00 Million | $481.00 Million | $10.33 Billion | ▲ +98.0 pp |
| 2009 | -115.3% | $222.00 Million | $478.00 Million | $10.09 Billion | ▲ +286.8 pp |
| 2008 | -402.2% | $93.00 Million | $467.00 Million | $11.32 Billion | ▼ -450.3 pp |
| 2007 | 48.1% | $1.47 Billion | $760.00 Million | $12.53 Billion | ▼ -21.6 pp |
| 2006 | 69.8% | $2.44 Billion | $739.00 Million | $13.04 Billion | ▲ +105.0 pp |
| 2005 | -35.2% | $11.29 Billion | $15.27 Billion | $34.10 Billion | ▼ -100.8 pp |
| 2004 | 65.6% | $12.70 Billion | $4.36 Billion | $42.57 Billion | ▲ +98.4 pp |
| 2003 | -32.7% | $10.19 Billion | $13.52 Billion | $39.04 Billion | ▼ -107.3 pp |
| 2002 | 74.6% | $9.69 Billion | $2.46 Billion | $35.90 Billion | ▲ +13.1 pp |
| 2001 | 61.5% | $7.44 Billion | $2.87 Billion | $33.45 Billion | ▲ +67.4 pp |
| 2000 | -5.9% | $4.83 Billion | $5.12 Billion | $14.52 Billion | ▲ +39.1 pp |
| 1999 | -45.0% | $3.68 Billion | $5.34 Billion | $15.15 Billion | ▼ -49.2 pp |
| 1998 | 4.2% | $6.31 Billion | $6.04 Billion | $20.22 Billion | ▼ -0.8 pp |
| 1997 | 5.0% | $4.48 Billion | $4.26 Billion | $14.85 Billion | ▼ -68.4 pp |
| 1996 | 73.4% | $1.26 Billion | $334.30 Million | $2.47 Billion | ▲ +11.3 pp |
| 1995 | 62.0% | $727.20 Million | $276.00 Million | $1.14 Billion | ▲ +6.2 pp |
| 1994 | 55.9% | $443.30 Million | $195.70 Million | $768.20 Million | ▲ +0.6 pp |
| 1993 | 55.2% | $284.90 Million | $127.50 Million | $612.80 Million | ▲ +74.5 pp |
| 1992 | -19.2% | $150.20 Million | $179.10 Million | $478.60 Million | ▼ -61.5 pp |
| 1988 | 42.2% | $109.40 Million | $63.20 Million | $216.10 Million | ▼ -3.3 pp |
| 1987 | 45.6% | $112.40 Million | $61.20 Million | $186.90 Million | ▲ +14.1 pp |
| 1986 | 31.4% | $72.20 Million | $49.50 Million | $132.50 Million | ▼ -68.6 pp |
| 1985 | 100.0% | $34.90 Million | $0.00 | $79.40 Million | — |