What is the equity of RumbleOn this year?
RumbleOn has equity of 105.6 M USD this year.
RumbleOn Equity 2024
RumbleOn Equity
105.6 M USD
Ticker
RMBL
ISIN
US7813863054
WKN
A2P426
In 2024, RumbleOn's equity was 105.6 M USD, a -48.74% increase from the 206 M USD equity in the previous year.
RumbleOn Aktienanalyse
What does RumbleOn do?
RumbleOn Inc is a US-based company specializing in the trading of motorcycles, off-road vehicles, boats, and recreational vehicles. It was founded in 2017 by Marshall Chesrown and is headquartered in Irving, Texas. The company is known for its innovative business model and use of modern technologies. RumbleOn's core business is the trading of used vehicles. It offers a comprehensive platform that facilitates the buying and selling of vehicles. Through the use of innovative technologies such as algorithms and data analysis, RumbleOn can determine prices for vehicles that are fair and attractive to customers. Additionally, RumbleOn provides a warranty for purchased vehicles, giving customers confidence and security in their purchases. Another advantage for customers is the ability to sell their vehicles directly to RumbleOn without having to leave their homes for a separate inspection or demonstration. RumbleOn also offers financing options for vehicle purchases. The company has a valuation tool on its website that allows for a quick estimate of a vehicle's value. RumbleOn also operates an online auction platform for vehicles, where interested parties can bid on a vehicle. Sellers set a minimum bid and the highest bid wins the vehicle. This platform is particularly useful for sellers who want to earn the most money for their vehicles. The company also has a division for selling accessories, both for motorcycles and other vehicles. Customers can find and purchase all types of accessories and parts for their vehicles on RumbleOn's website. Another innovation from RumbleOn is the use of blockchain technology. RumbleOn allows customers to manage their digital ownership by using a blockchain-based platform. This allows customers to view and manage their vehicles from anywhere in the world. RumbleOn's solution is highly unique in the industry and provides unparalleled security for buyers and sellers. The company also plans to expand into European markets. In 2018, RumbleOn acquired Wholesale Inc, a used car wholesaler in Europe, to prepare for expansion. In the future, RumbleOn aims to increase its transaction volume and brand presence and establish itself as a leading provider of used vehicles. Overall, RumbleOn is an innovative company that utilizes modern technologies to make the trading of used vehicles easier and safer. With an effective business model and a strong management team, RumbleOn is on a path of expansion and has the potential to become one of the key players in the industry. RumbleOn ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing RumbleOn's Equity
RumbleOn's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding RumbleOn's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating RumbleOn's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
RumbleOn's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in RumbleOn’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about RumbleOn stock
What was the equity of RumbleOn compared to the previous year?
The equity of RumbleOn has increased/decreased by -48.74% decreased compared to the previous year.
What impact does a high equity have on investors of RumbleOn?
A high equity is advantageous for investors of RumbleOn as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of RumbleOn?
A low equity can be a risk for investors of RumbleOn, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of RumbleOn affect the company?
An increase in equity of RumbleOn can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of RumbleOn affect the company?
A reduction in equity of RumbleOn can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of RumbleOn?
Some factors that can affect the equity of RumbleOn include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of RumbleOn so important for investors?
The equity of RumbleOn is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can RumbleOn take to change the equity?
To change equity, RumbleOn can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does RumbleOn pay?
Over the past 12 months, RumbleOn paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, RumbleOn is expected to pay a dividend of 0 USD.
What is the dividend yield of RumbleOn?
The current dividend yield of RumbleOn is .
When does RumbleOn pay dividends?
RumbleOn pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of RumbleOn?
RumbleOn paid dividends every year for the past 0 years.
What is the dividend of RumbleOn?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is RumbleOn located?
RumbleOn is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von RumbleOn kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of RumbleOn from 10/29/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/29/2024.
When did RumbleOn pay the last dividend?
The last dividend was paid out on 10/29/2024.
What was the dividend of RumbleOn in the year 2023?
In the year 2023, RumbleOn distributed 0 USD as dividends.
In which currency does RumbleOn pay out the dividend?
The dividends of RumbleOn are distributed in USD.
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Andere Kennzahlen von RumbleOn
Our stock analysis for RumbleOn Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of RumbleOn Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
