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. See how liquid is Avis Budget Group Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
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. See Avis Budget Group Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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. For the full company profile including market capitalisation, see CAR market cap overview.
| 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 | — |