Avis Total Stockholder Equity vs Other Stockholder Equity Analysis

CAR Stock  USD 108.55  0.34  0.31%   
Avis Budget financial indicator trend analysis is way more than just evaluating Avis Budget Group prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Avis Budget Group is a good investment. Please check the relationship between Avis Budget Total Stockholder Equity and its Other Stockholder Equity accounts. 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.

Total Stockholder Equity vs Other Stockholder Equity

Total Stockholder Equity vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Avis Budget Group Total Stockholder Equity account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Avis Budget's Total Stockholder Equity and Other Stockholder Equity is 0.86. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Avis Budget Group, assuming nothing else is changed. The correlation between historical values of Avis Budget's Total Stockholder Equity and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of Avis Budget Group are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Total Stockholder Equity i.e., Avis Budget's Total Stockholder Equity and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Other Stockholder Equity

Most indicators from Avis Budget's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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 Tax Provision is relatively stable compared to the past year. As of 06/10/2024, Enterprise Value is likely to grow to about 21.5 B, while Selling General Administrative is likely to drop slightly above 1.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit7.8B10.8B3.9B4.6B
Total Revenue9.3B12.0B12.0B7.0B

Avis Budget fundamental ratios Correlations

0.990.820.88-0.470.990.990.70.511.00.770.510.72-0.051.00.79-0.671.00.970.760.760.360.92-0.66-0.66-0.76
0.990.790.88-0.561.01.00.770.441.00.730.440.68-0.161.00.78-0.741.00.990.70.810.270.91-0.58-0.58-0.71
0.820.790.84-0.20.770.780.390.620.80.540.620.90.090.80.54-0.360.810.730.850.490.620.64-0.73-0.73-0.82
0.880.880.84-0.450.860.870.480.680.880.460.680.83-0.010.870.58-0.480.880.840.820.780.50.74-0.77-0.77-0.86
-0.47-0.56-0.2-0.45-0.56-0.57-0.80.24-0.49-0.120.24-0.080.71-0.51-0.310.86-0.51-0.630.05-0.750.41-0.45-0.09-0.090.06
0.991.00.770.86-0.561.00.780.420.990.730.420.65-0.160.990.78-0.750.990.990.670.810.240.91-0.57-0.57-0.68
0.991.00.780.87-0.571.00.780.420.990.730.420.67-0.181.00.78-0.751.00.990.680.810.250.91-0.57-0.57-0.69
0.70.770.390.48-0.80.780.78-0.160.730.49-0.160.2-0.660.740.64-0.990.730.830.120.73-0.370.650.040.04-0.12
0.510.440.620.680.240.420.42-0.160.480.331.00.720.560.470.290.180.480.340.90.240.840.45-0.89-0.89-0.85
1.01.00.80.88-0.490.990.990.730.480.770.480.7-0.081.00.8-0.71.00.980.730.770.330.92-0.63-0.63-0.74
0.770.730.540.46-0.120.730.730.490.330.770.330.460.250.770.73-0.420.760.690.590.350.380.86-0.53-0.53-0.58
0.510.440.620.680.240.420.42-0.161.00.480.330.720.560.470.290.180.480.340.90.240.840.45-0.89-0.89-0.85
0.720.680.90.83-0.080.650.670.20.720.70.460.720.170.70.5-0.170.710.590.920.410.710.56-0.8-0.8-0.88
-0.05-0.160.09-0.010.71-0.16-0.18-0.660.56-0.080.250.560.17-0.1-0.120.69-0.09-0.230.42-0.440.750.05-0.61-0.61-0.45
1.01.00.80.87-0.510.991.00.740.471.00.770.470.7-0.10.8-0.711.00.980.730.770.320.92-0.62-0.62-0.73
0.790.780.540.58-0.310.780.780.640.290.80.730.290.5-0.120.8-0.60.790.760.540.490.20.67-0.42-0.42-0.5
-0.67-0.74-0.36-0.480.86-0.75-0.75-0.990.18-0.7-0.420.18-0.170.69-0.71-0.6-0.7-0.81-0.08-0.750.4-0.61-0.07-0.070.09
1.01.00.810.88-0.510.991.00.730.481.00.760.480.71-0.091.00.79-0.70.980.730.780.330.92-0.63-0.63-0.74
0.970.990.730.84-0.630.990.990.830.340.980.690.340.59-0.230.980.76-0.810.980.60.820.150.89-0.49-0.49-0.62
0.760.70.850.820.050.670.680.120.90.730.590.90.920.420.730.54-0.080.730.60.370.820.66-0.93-0.93-0.95
0.760.810.490.78-0.750.810.810.730.240.770.350.240.41-0.440.770.49-0.750.780.820.37-0.040.69-0.29-0.29-0.43
0.360.270.620.50.410.240.25-0.370.840.330.380.840.710.750.320.20.40.330.150.82-0.040.31-0.89-0.89-0.84
0.920.910.640.74-0.450.910.910.650.450.920.860.450.560.050.920.67-0.610.920.890.660.690.31-0.61-0.61-0.7
-0.66-0.58-0.73-0.77-0.09-0.57-0.570.04-0.89-0.63-0.53-0.89-0.8-0.61-0.62-0.42-0.07-0.63-0.49-0.93-0.29-0.89-0.611.00.98
-0.66-0.58-0.73-0.77-0.09-0.57-0.570.04-0.89-0.63-0.53-0.89-0.8-0.61-0.62-0.42-0.07-0.63-0.49-0.93-0.29-0.89-0.611.00.98
-0.76-0.71-0.82-0.860.06-0.68-0.69-0.12-0.85-0.74-0.58-0.85-0.88-0.45-0.73-0.50.09-0.74-0.62-0.95-0.43-0.84-0.70.980.98
Click cells to compare fundamentals

Avis Budget Account Relationship Matchups

Avis Budget fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets23.1B17.5B22.6B25.9B33.4B35.1B
Short Long Term Debt Total17.1B13.7B17.8B20.9B26.5B27.8B
Other Current Liab1.2B662M1.3B1.3B1.4B1.1B
Total Current Liabilities2.2B2.1B2.4B2.6B2.7B2.1B
Total Stockholder Equity656M(155M)(220M)(703M)(349M)(331.6M)
Property Plant And Equipment Net15.2B11.1B15.6B18.6B23.9B25.1B
Net Debt16.4B13.0B17.3B20.3B25.9B27.2B
Retained Earnings(785M)(1.5B)(185M)2.6B3.9B4.0B
Cash615M686M692M570M559M526.0M
Non Current Assets Total21.0B15.7B20.8B24.0B31.3B32.8B
Non Currrent Assets Other1.5B877M858M1.3B2.2B3.8B
Cash And Short Term Investments615M686M692M570M559M526.0M
Net Receivables1.1B794M1.0B952M1.1B834.3M
Common Stock Shares Outstanding75.7M70.5M66.1M48.4M38.8M77.3M
Liabilities And Stockholders Equity23.1B17.5B22.6B25.9B33.4B35.1B
Non Current Liabilities Total20.2B15.6B20.4B24.1B31.1B32.7B
Other Current Assets141M148M95M112M488M322.8M
Other Stockholder Equity1.6B1.5B97M(3.2B)(4.1B)(3.9B)
Total Liab22.5B17.7B22.8B26.6B33.8B35.5B
Property Plant And Equipment Gross15.2B11.1B19.1B22.3B28.1B29.5B
Total Current Assets2.1B1.8B1.8B1.9B2.1B2.0B
Accumulated Other Comprehensive Income(133M)(157M)(187M)(101M)(96M)(100.8M)
Short Term Debt498M533M515M582M608M638.4M
Intangible Assets798M774M724M666M670M636.5M
Accounts Payable378M394M407M466M487M783.8M
Other Liab730M662M598M554M498.6M473.7M
Other Assets1.8B4.0B1.9B1.7B1.5B2.0B
Long Term Debt3.4B4.2B4.0B4.6B23.7B24.9B
Good Will1.1B1.1B1.1B1.1B1.1B1.0B
Inventory234M161M205M252M226.8M301.9M
Treasury Stock(5.1B)(5.1B)(5.2B)(6.6B)(5.9B)(6.2B)
Property Plant Equipment792M657M537M594M534.6M507.9M
Current Deferred Revenue125M464M185M188M168M311.3M
Net Tangible Assets12.6B6.9B(2.1B)13.3B15.2B8.0B
Retained Earnings Total Equity(785M)(1.5B)(185M)2.6B3.0B3.1B

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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.