Avis Budget Group Stock Retained Earnings

CAR Stock

USD 102.00 3.35 3.18%

Avis Budget Group fundamentals help investors to digest information that contributes to Avis Budget's financial success or failures. It also enables traders to predict the movement of Avis Stock. The fundamental analysis module provides a way to measure Avis Budget's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Avis Budget stock.

	Last Reported	Projected for Next Year
Retained Earnings	3.9 B	4 B
Retained Earnings Total Equity	3 B	3.1 B

As of 04/19/2024, Retained Earnings is likely to grow to about 4 B. Also, Retained Earnings Total Equity is likely to grow to about 3.1 B.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Avis Budget Group Company Retained Earnings Analysis

Avis Budget's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current Avis Budget Retained Earnings

3.85 B

Most of Avis Budget's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avis Budget Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Avis Retained Earnings Driver Correlations

Understanding the fundamental principles of building solid financial models for Avis Budget is extremely important. It helps to project a fair market value of Avis Stock properly, considering its historical fundamentals such as Retained Earnings. Since Avis Budget's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Avis Budget's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Avis Budget's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Total Permanent Equity	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		-0.47	0.99	0.7	0.72	1.0	0.76	0.76	0.36	0.92	-0.66	0.69	-0.4	-0.78	-0.66	-0.58	-0.62	0.47	0.62	0.78	-0.88	0.67	0.73	-0.03	0.25	-0.75	-0.69
Total Stockholder Equity	-0.47		-0.57	-0.8	-0.08	-0.51	0.05	-0.75	0.41	-0.45	-0.09	-0.54	-0.31	0.61	0.09	-0.15	-0.13	-0.11	-0.37	-0.68	0.49	-0.29	-0.57	-0.01	0.21	0.82	0.45
Net Debt	0.99	-0.57		0.78	0.67	1.0	0.68	0.81	0.25	0.91	-0.57	0.73	-0.3	-0.79	-0.6	-0.5	-0.53	0.45	0.63	0.81	-0.88	0.65	0.74	-0.05	0.22	-0.82	-0.72
Retained Earnings	0.7	-0.8	0.78		0.2	0.73	0.12	0.73	-0.37	0.65	0.04	0.85	0.27	-0.56	-0.1	-0.03	0.09	0.42	0.5	0.68	-0.62	0.52	0.54	-0.1	0.23	-0.82	-0.77
Net Receivables	0.72	-0.08	0.67	0.2		0.71	0.92	0.41	0.71	0.56	-0.8	0.12	-0.52	-0.57	-0.56	-0.84	-0.78	0.39	0.56	0.6	-0.78	0.51	0.51	0.1	-0.03	-0.36	-0.11
Total Liab	1.0	-0.51	1.0	0.73	0.71		0.73	0.78	0.33	0.92	-0.63	0.7	-0.37	-0.79	-0.65	-0.55	-0.6	0.46	0.62	0.79	-0.88	0.66	0.74	-0.03	0.23	-0.77	-0.7
Total Current Assets	0.76	0.05	0.68	0.12	0.92	0.73		0.37	0.82	0.66	-0.93	0.16	-0.74	-0.58	-0.75	-0.82	-0.92	0.4	0.51	0.54	-0.7	0.47	0.57	0.02	0.1	-0.3	-0.21
Short Term Debt	0.76	-0.75	0.81	0.73	0.41	0.78	0.37		-0.04	0.69	-0.29	0.57	-0.01	-0.73	-0.34	-0.18	-0.25	0.28	0.61	0.74	-0.72	0.46	0.75	0.02	-0.03	-0.92	-0.53
Intangible Assets	0.36	0.41	0.25	-0.37	0.71	0.33	0.82	-0.04		0.31	-0.89	-0.25	-0.81	-0.21	-0.66	-0.83	-0.91	0.16	0.05	0.19	-0.38	0.28	0.22	0.16	-0.03	0.15	0.16
Accounts Payable	0.92	-0.45	0.91	0.65	0.56	0.92	0.66	0.69	0.31		-0.61	0.69	-0.4	-0.73	-0.66	-0.43	-0.58	0.29	0.55	0.6	-0.8	0.43	0.58	-0.03	0.29	-0.66	-0.8
Common Stock	-0.66	-0.09	-0.57	0.04	-0.8	-0.63	-0.93	-0.29	-0.89	-0.61		-0.04	0.9	0.58	0.89	0.75	1.0	-0.24	-0.36	-0.45	0.55	-0.37	-0.55	-0.06	0.0	0.21	0.12
Long Term Debt	0.69	-0.54	0.73	0.85	0.12	0.7	0.16	0.57	-0.25	0.69	-0.04		0.1	-0.39	-0.23	0.01	0.0	0.35	0.38	0.54	-0.54	0.4	0.36	-0.06	0.65	-0.58	-0.95
Good Will	-0.4	-0.31	-0.3	0.27	-0.52	-0.37	-0.74	-0.01	-0.81	-0.4	0.9	0.1		0.44	0.89	0.52	0.92	-0.1	-0.17	-0.17	0.16	-0.18	-0.41	-0.03	-0.01	-0.03	0.0
Treasury Stock	-0.78	0.61	-0.79	-0.56	-0.57	-0.79	-0.58	-0.73	-0.21	-0.73	0.58	-0.39	0.44		0.72	0.31	0.55	-0.08	-0.62	-0.69	0.58	-0.4	-0.84	0.11	0.26	0.82	0.4
Property Plant Equipment	-0.66	0.09	-0.6	-0.1	-0.56	-0.65	-0.75	-0.34	-0.66	-0.66	0.89	-0.23	0.89	0.72		0.49	0.89	-0.07	-0.34	-0.48	0.41	-0.34	-0.66	0.01	0.0	0.35	0.3
Current Deferred Revenue	-0.58	-0.15	-0.5	-0.03	-0.84	-0.55	-0.82	-0.18	-0.83	-0.43	0.75	0.01	0.52	0.31	0.49		0.75	-0.35	-0.14	-0.41	0.63	-0.63	-0.33	-0.17	0.04	0.16	0.01
Short Term Investments	-0.62	-0.13	-0.53	0.09	-0.78	-0.6	-0.92	-0.25	-0.91	-0.58	1.0	0.0	0.92	0.55	0.89	0.75		-0.23	-0.32	-0.42	0.52	-0.36	-0.52	-0.08	0.01	0.17	0.09
Net Tangible Assets	0.47	-0.11	0.45	0.42	0.39	0.46	0.4	0.28	0.16	0.29	-0.24	0.35	-0.1	-0.08	-0.07	-0.35	-0.23		0.26	0.49	-0.41	0.51	0.35	0.0	0.39	-0.21	-0.24
Total Permanent Equity	0.62	-0.37	0.63	0.5	0.56	0.62	0.51	0.61	0.05	0.55	-0.36	0.38	-0.17	-0.62	-0.34	-0.14	-0.32	0.26		0.5	-0.59	0.3	0.57	-0.15	0.03	-0.58	-0.37
Long Term Debt Total	0.78	-0.68	0.81	0.68	0.6	0.79	0.54	0.74	0.19	0.6	-0.45	0.54	-0.17	-0.69	-0.48	-0.41	-0.42	0.49	0.5		-0.76	0.59	0.85	-0.14	-0.03	-0.77	-0.38
Capital Surpluse	-0.88	0.49	-0.88	-0.62	-0.78	-0.88	-0.7	-0.72	-0.38	-0.8	0.55	-0.54	0.16	0.58	0.41	0.63	0.52	-0.41	-0.59	-0.76		-0.59	-0.54	-0.07	-0.16	0.65	0.54
Deferred Long Term Liab	0.67	-0.29	0.65	0.52	0.51	0.66	0.47	0.46	0.28	0.43	-0.37	0.4	-0.18	-0.4	-0.34	-0.63	-0.36	0.51	0.3	0.59	-0.59		0.55	0.19	0.04	-0.51	-0.29
Long Term Investments	0.73	-0.57	0.74	0.54	0.51	0.74	0.57	0.75	0.22	0.58	-0.55	0.36	-0.41	-0.84	-0.66	-0.33	-0.52	0.35	0.57	0.85	-0.54	0.55		-0.21	-0.24	-0.81	-0.27
Short Long Term Debt	-0.03	-0.01	-0.05	-0.1	0.1	-0.03	0.02	0.02	0.16	-0.03	-0.06	-0.06	-0.03	0.11	0.01	-0.17	-0.08	0.0	-0.15	-0.14	-0.07	0.19	-0.21		0.07	0.19	0.04
Net Invested Capital	0.25	0.21	0.22	0.23	-0.03	0.23	0.1	-0.03	-0.03	0.29	0.0	0.65	-0.01	0.26	0.0	0.04	0.01	0.39	0.03	-0.03	-0.16	0.04	-0.24	0.07		0.18	-0.65
Net Working Capital	-0.75	0.82	-0.82	-0.82	-0.36	-0.77	-0.3	-0.92	0.15	-0.66	0.21	-0.58	-0.03	0.82	0.35	0.16	0.17	-0.21	-0.58	-0.77	0.65	-0.51	-0.81	0.19	0.18		0.52
Capital Stock	-0.69	0.45	-0.72	-0.77	-0.11	-0.7	-0.21	-0.53	0.16	-0.8	0.12	-0.95	0.0	0.4	0.3	0.01	0.09	-0.24	-0.37	-0.38	0.54	-0.29	-0.27	0.04	-0.65	0.52

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Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.

Competition

Predict Avis Budget

Retained Earnings Over Time

Based on the latest financial disclosure, Avis Budget Group has a Retained Earnings of 3.85 B. This is 62.77% lower than that of the Ground Transportation sector and significantly higher than that of the Industrials industry. The retained earnings for all United States stocks is 58.69% higher than that of the company.

Avis Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avis Budget's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Avis Budget could also be used in its relative valuation, which is a method of valuing Avis Budget by comparing valuation metrics of similar companies.

Avis Budget is currently under evaluation in retained earnings category among related companies.

Avis Fundamentals

	Return On Equity	-2.73
	Return On Asset	0.0636
	Profit Margin	0.14 %
	Operating Margin	0.17 %
	Current Valuation	29.64 B
	Shares Outstanding	35.65 M
	Shares Owned By Insiders	2.80 %
	Shares Owned By Institutions	95.93 %
	Number Of Shares Shorted	3.29 M
	Price To Earning	4.30 X
	Price To Book	7.14 X
	Price To Sales	0.34 X
	Revenue	12.01 B
	Gross Profit	6.01 B
	EBITDA	5.8 B
	Net Income	1.63 B
	Cash And Equivalents	579 M
	Cash Per Share	12.05 X
	Total Debt	26.45 B
	Current Ratio	0.76 X
	Book Value Per Share	(9.86) X
	Cash Flow From Operations	3.83 B
	Short Ratio	4.29 X
	Earnings Per Share	42.08 X
	Price To Earnings To Growth	1.76 X
	Target Price	167.71
	Number Of Employees	18 K
	Beta	2.23
	Market Capitalization	3.64 B
	Total Asset	33.42 B
	Retained Earnings	3.85 B
	Working Capital	(520 M)
	Current Asset	1.63 B
	Current Liabilities	1.51 B
	Annual Yield	0.02 %
	Net Asset	33.42 B

About Avis Budget Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Avis Budget Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avis Budget using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avis Budget Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Avis Budget

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avis Budget position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avis Budget will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avis Stock

0.81

VSTS

Vestis

Pair Corr

Moving against Avis Stock

0.77	FTAIO	Fortress Transportation	Pair Corr
0.75	FTAIP	Fortress Transportation	Pair Corr
0.68	FTAIM	FTAI Aviation	Pair Corr
0.61	URI	United Rentals Earnings Call This Week	Pair Corr
0.58	GATX	GATX Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to Avis Budget could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avis Budget when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avis Budget - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avis Budget Group to buy it.

The correlation of Avis Budget is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avis Budget moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avis Budget Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Avis Budget can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Avis Budget Group is a strong investment it is important to analyze Avis Budget's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avis Budget's future performance. For an informed investment choice regarding Avis Stock, refer to the following important reports:

How To Invest In Avis

Details

Is Avis Stock a good investment?

Details

What is Avis Budget's Net Worth?

Details

Largest Ground Transportation Companies

View

Largest Rental & Leasing Services Companies

View

Check out Avis Budget Piotroski F Score and Avis Budget Altman Z Score analysis.

Note that the Avis Budget Group information on this page should be used as a complementary analysis to other Avis Budget's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary 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.

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Is Avis Budget's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avis Budget. If investors know Avis will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avis Budget listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.29)

Earnings Share

42.08

Revenue Per Share

313.525

Quarterly Revenue Growth

(0)

Return On Assets

0.0636

The market value of Avis Budget Group is measured differently than its book value, which is the value of Avis that is recorded on the company's balance sheet. Investors also form their own opinion of Avis Budget's value that differs from its market value or its book value, called intrinsic value, which is Avis Budget's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avis Budget's market value can be influenced by many factors that don't directly affect Avis Budget's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Avis Budget's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avis Budget is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avis Budget's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Avis Budget Group Stock Retained Earnings

Avis Budget Group Company Retained Earnings Analysis

Retained Earnings

Beginning RE + Income

-

Dividends

Current Avis Budget Retained Earnings

Avis Retained Earnings Driver Correlations

Avis Retained Earnings Peer Comparison

Avis Fundamentals

About Avis Budget Fundamental Analysis

Pair Trading with Avis Budget

Moving together with Avis Stock

Moving against Avis Stock

Complementary Tools for Avis Stock analysis

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