Avis Budget Group (Avis Budget Group) Cash per Share

: $15.86 (As of Dec. 2023)

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Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities divided by Shares Outstanding (EOP). Avis Budget Group's Cash per Share for the quarter that ended in Dec. 2023 was $15.86.

Avis Budget Group Cash per Share Historical Data

The historical data trend for Avis Budget Group's Cash per Share 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

Cash per Share

9.27

9.89

9.54

14.62

15.86

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
Cash per Share																14.62	13.70	14.28	15.46	15.86

Avis Budget Group Cash per Share Calculation

This is the ratio of a company's available cash, including easy to liquidate short-term investment, to its total number of shares outstanding. The result indicates the percentage of a company's share price that is available to spend on company's activities, such as strengthening the business, paying down the debt and making dividend payment to shareholders. It's a reliable indicator of a company's financial health.

Avis Budget Group's Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	555	/	35
	=	15.86

Avis Budget Group's Cash per Share for the quarter that ended in Dec. 2023 is calculated as:

Cash per Share	=	Cash, Cash Equivalents, Marketable Securities	/	Shares Outstanding (EOP)
	=	555	/	35
	=	15.86

Avis Budget Group (NAS:CAR) Cash per Share Explanation

Cash per Share represents the liquidity of a compant's assets. A high level of Cash per Share suggests that there's enough money on hand for a company to cover any emergencies and that the company has adequate money to reinvest its business or pay dividends to investors. However, if the ratio is too high, it can also suggeust the inefficiency of management for not making a full usage of the cash.

Avis Budget Group Cash per Share Related Terms

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Avis Budget Group (Avis Budget Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avis Budget Group Inc (NAS:CAR) » Definitions » Cash per Share

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