Avis Budget Group (Avis Budget Group) Scaled Net Operating Assets

: 0.79 (As of Dec. 2023)

View and export this data going back to 1968. Start your Free Trial

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Avis Budget Group's operating assets for the quarter that ended in Dec. 2023 was $32,014 Mil. Avis Budget Group's operating liabilities for the quarter that ended in Dec. 2023 was $6,459 Mil. Avis Budget Group's Total Assets for the quarter that ended in Sep. 2023 was $32,304 Mil. Therefore, Avis Budget Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.79.

Avis Budget Group Scaled Net Operating Assets Historical Data

The historical data trend for Avis Budget Group's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Avis Budget Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Scaled Net Operating Assets

0.89

0.55

0.97

0.87

0.99

Avis Budget Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Scaled Net Operating Assets																0.78	0.81	0.89	0.81	0.79

Competitive Comparison

For the Rental & Leasing Services subindustry, Avis Budget Group's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Avis Budget Group Scaled Net Operating Assets Distribution

For the Business Services industry and Industrials sector, Avis Budget Group's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Avis Budget Group's Scaled Net Operating Assets falls into.

Avis Budget Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Avis Budget Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(32014	-	6459)	/	25927
=	0.99

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	32569	-	555
=	32014

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	32912	-	25845	-	608
=	6459

Avis Budget Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(32014	-	6459)	/	32304
=	0.79

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Cash, Cash Equivalents, Marketable Securities
=	32569	-	555
=	32014

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	32912	-	25845	-	608
=	6459

Avis Budget Group Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Avis Budget Group's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Avis Budget Group (Avis Budget Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avis Budget Group Inc (NAS:CAR) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

CAR:Mexico CUCA:Germany CAR:Argentina

Address

6 Sylvan Way, Parsippany, NJ, USA, 07054

Website

https://www.avisbudgetgroup.com

Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.

Executives

Joseph A. Ferraro	officer: President, Americas	6 SYLVAN WAY, PARSIPPANY NJ 07054
Izilda P Martins	officer: Sr VP and Acting CAO	6 SYLVAN WAY, PARSIPPANY NJ 07054
Patrick K Rankin	officer: President, International	6 SYLVAN WAY, PARSIPPANY NJ 07054
Lynn Krominga	director	6 SYLVAN WAY, PARSIPPANY NJ 07054
Edward P Linnen	officer: SVP, Chief HR Officer	6 SYLVAN WAY, PARSIPPANY NJ 07054
Bernardo Hees	director	C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Karthik R. Sarma	director, 10 percent owner	ONE BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036
Jean M Sera	officer: SVP, GC & Corp. Sec.	AVIS BUDGET GROUP, 6 SYLVAN WAY, PARSIPPANY NJ 07054
Glenn Lurie	director	C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BLVD., BRIDGEWATER NJ 08807
Ravi Simhambhatla	officer: EVP, CDIO - see remarks	6 SYLVAN WAY, AVIS BUDGET GROUP, INC., PARSIPPANY NJ 07054
Anu Hariharan	director	2550 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Cathleen Degenova	officer: Chief Accounting Officer	6 SYLVAN WAY, PARSIPPANY NJ 07054
Veresh Sita	officer: EVP, CDIO (1)	6 SYLVAN WAY, AVIS BUDGET GROUP, INC., PARSIPPANY NJ 07054
Brian J Choi	director	C/O SRS INVESTMENT MANAGEMENT, LLC, ONE BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036
Srs Investment Management, Llc	10 percent owner	1 BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036