Cars.com Inc.

Cars.com Inc.verified

CARS

Price:

$17.65

Market Cap:

$1.17B

Cars.com Inc. operates as a digital marketplace and provides solutions for the automotive industry. Its platform connects car shoppers with sellers. The company, through its marketplace, dealer websites, and other digital products, showcases dealer inventory, elevate and amplify dealers' and automotive manufacturers' (OEMs) brands, connect sellers with ready-to-buy audience, and empower shoppers with the resources and information needed to make car buying decisions. It also offers marketplace products, such as marketplace subscription advertising and social selling services; digital solutions, including Website platform hosting, AI chat tool, digital retailing, and review and reputation mana...[Read more]

Industry

Auto - Dealerships

IPO Date

2017-06-01

Stock Exchange

NYSE

Ticker

CARS

The Current Ratio as of September 2024 (TTM) for Cars.com Inc. (CARS) is 1.53

According to Cars.com Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.53. This represents a change of 5.02% compared to the average of 1.45 of the last 4 quarters.

Cars.com Inc. (CARS) Historical Current Ratio (quarterly & annually)

How has CARS Current Ratio performed in the past?

The mean historical Current Ratio of Cars.com Inc. over the last ten years is 1.42. The current 1.53 Current Ratio has changed 10.63% with respect to the historical average. Over the past ten years (40 quarters), CARS's Current Ratio was at its highest in in the March 2020 quarter at 2.96. The Current Ratio was at its lowest in in the December 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

1.42

Median

1.40

Minimum

1.08

Maximum

1.97

Cars.com Inc. (CARS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Cars.com Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 1.97

Minimum Annual Increase = -20.65%

Minimum Annual Current Ratio = 1.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.22-12.67%
20221.40-10.34%
20211.56-20.65%
20201.9759.02%
20191.24-10.88%
20181.39-12.12%
20171.58-4.72%
20161.6648.96%
20151.113.10%
20141.08Infinity%

Cars.com Inc. (CARS) Average Current Ratio

How has CARS Current Ratio performed in the past?

The current Current Ratio of Cars.com Inc. (CARS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.40

5-year avg

1.48

10-year avg

1.42

Cars.com Inc. (CARS) Current Ratio vs. Peers

How is CARS’s Current Ratio compared to its peers?

Cars.com Inc.’s Current Ratio is greater than Group 1 Automotive, Inc. (1.02), greater than KAR Auction Services, Inc. (1.08), less than CarMax, Inc. (2.50), greater than ACV Auctions Inc. (1.49), greater than Rush Enterprises, Inc. (1.40), greater than Kingsway Financial Services Inc. (0.46), greater than Sonic Automotive, Inc. (1.10), greater than Kingsway Financial Services Inc. (0.46), greater than Rush Enterprises, Inc. (1.40), less than CarGurus, Inc. (2.47), greater than Lithia Motors, Inc. (1.19), greater than AutoNation, Inc. (0.78), greater than Asbury Automotive Group, Inc. (1.25), greater than Penske Automotive Group, Inc. (0.98),

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Frequently asked questions❓

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