Avis Budget Group, Inc. (CAR)

Avis Budget Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	602	555	570	534	692	686
Cash & Short-Term Investments	602	555	570	534	692	686
Cash Growth	5.24%	-2.63%	6.74%	-22.83%	0.87%	11.54%
Accounts Receivable	917	900	810	775	647	911
Other Receivables	292	192	142	238	147	173
Receivables	1,209	1,092	952	1,013	794	1,084
Prepaid Expenses	266	239	252	205	161	234
Restricted Cash	-	-	-	3	1	3
Other Current Assets	242	253	112	92	147	138
Total Current Assets	2,363	2,224	1,956	1,936	1,867	2,356
Property, Plant & Equipment	3,586	3,373	2,999	2,905	3,217	3,388
Long-Term Investments	166	167	187	74	71	64
Goodwill	1,109	1,099	1,070	1,108	1,137	1,101
Other Intangible Assets	647	670	666	724	774	798
Long-Term Deferred Tax Assets	1,565	1,868	1,379	1,615	1,198	1,662
Other Long-Term Assets	255	274	312	308	173	153
Total Assets	32,749	32,569	25,927	22,600	17,538	23,126
Accounts Payable	516	487	466	407	394	378
Accrued Expenses	1,000	896	893	883	616	787
Current Portion of Long-Term Debt	540	32	27	19	19	19
Current Portion of Leases	583	659	619	496	514	479
Current Unearned Revenue	201	168	188	185	70	-
Other Current Liabilities	486	500	445	418	440	562
Total Current Liabilities	3,339	2,875	2,793	2,549	2,139	2,321
Long-Term Debt	5,465	4,791	4,644	4,017	4,260	3,443
Long-Term Leases	2,351	2,153	1,906	1,910	2,078	2,140
Long-Term Unearned Revenue	-	47	46	17	17	37
Other Long-Term Liabilities	829	824	830	581	645	693
Total Liabilities	32,978	32,912	26,627	22,809	17,693	22,470
Common Stock	1	1	1	1	1	1
Additional Paid-In Capital	6,615	6,634	6,666	6,676	6,668	6,741
Retained Earnings	3,988	3,854	2,579	-185	-1,470	-785
Treasury Stock	-10,730	-10,742	-9,848	-6,579	-5,167	-5,144
Comprehensive Income & Other	-112	-96	-101	-133	-187	-157
Total Common Equity	-238	-349	-703	-220	-155	656
Minority Interest	9	6	3	11	-	-
Shareholders' Equity	-229	-343	-700	-209	-155	656
Total Liabilities & Equity	32,749	32,569	25,927	22,600	17,538	23,126
Total Debt	26,832	26,572	21,005	17,832	13,728	17,150
Net Cash (Debt)	-26,230	-26,017	-20,435	-17,298	-13,036	-16,464
Net Cash Per Share	-728.11	-670.54	-422.21	-261.69	-184.91	-217.49
Filing Date Shares Outstanding	35.14	35.47	39.47	53.77	69.84	74.36
Total Common Shares Outstanding	35.6	35.4	39.5	55.9	69.8	73.9
Working Capital	-976	-651	-837	-613	-272	35
Book Value Per Share	-6.69	-9.86	-17.80	-3.94	-2.22	8.88
Tangible Book Value	-1,994	-2,118	-2,439	-2,052	-2,066	-1,243
Tangible Book Value Per Share	-56.01	-59.83	-61.75	-36.71	-29.60	-16.82
Land	-	61	59	50	49	48
Buildings	-	574	507	525	592	565
Machinery	-	534	472	506	503	488
Construction In Progress	-	154	89	84	60	180

Source: S&P Capital IQ. Standard template. Financial Sources.