HYREQ (HyreCar) Beginning Cash Position: $12.92 Mil (As of Sep. 2022)

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HYREQ HyreCar Inc HYREQ
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What is HyreCar Beginning Cash Position?

HyreCar HYREQ -90.00% 12 Beginning Cash Position is $12.92 Mil as of Sep. 2022. GuruFocus rates HYREQ with a GF Score™ of 12/100.

HyreCar's Beginning Cash Position for the quarter that ended in Sep. 2022 was $12.92 Mil.

HyreCar's quarterly Beginning Cash Position declined from Mar. 2022 ($14.75 Mil) to Jun. 2022 ($10.97 Mil) but then increased from Jun. 2022 ($10.97 Mil) to Sep. 2022 ($12.92 Mil).

HyreCar's annual Beginning Cash Position increased from Dec. 2019 ($6.77 Mil) to Dec. 2020 ($10.66 Mil) but then declined from Dec. 2020 ($10.66 Mil) to Dec. 2021 ($4.92 Mil).

HyreCar Beginning Cash Position Related Terms

HyreCar Beginning Cash Position Historical Data

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The historical data trend for HyreCar's Beginning Cash Position 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.

HyreCar Beginning Cash Position Chart

HyreCar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Beginning Cash Position
Get a 7-Day Free Trial 0.52 0.21 6.77 10.66 4.92

HyreCar Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.90 17.97 14.75 10.97 12.92
HYREQ
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HyreCar Inc HYREQ
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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HyreCar Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $12.92 Mil mean?
HyreCar (HYREQ) has a Beginning Cash Position of $12.92 Mil as of Sep. 2022. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on HyreCar and its competitors.
Is HyreCar's Beginning Cash Position too high?
HyreCar's current Beginning Cash Position is $12.92 Mil. Overall, HyreCar has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does HyreCar's Beginning Cash Position compare to MTMT and FPAY?
HyreCar's Beginning Cash Position of $12.92 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Business Services company?
A good Beginning Cash Position depends on the Business Services industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on HyreCar and its competitors. HyreCar's current Beginning Cash Position is $12.92 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HyreCar stock overvalued right now?
HyreCar (HYREQ) has a current Beginning Cash Position of $12.92 Mil. The current Beginning Cash Position is $12.92 Mil. HyreCar's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For HyreCar (HYREQ), the current Beginning Cash Position is $12.92 Mil as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

HyreCar Business Description

Address 915 Wilshire Boulevard, Suite 1950, Los Angeles, CA, USA, 90017
HyreCar Inc is a peer-to-peer car-sharing marketplace that allows car owners to rent their idle cars to ride-sharing service drivers. The company generates its revenue in the form of transaction fees, insurance fee, and from other sources such as referrals, motor vehicle record fees, late rental fees, and other fees charged to drivers in specific situations. It operates in a single segment, which is Rental.
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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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