What is the level of liabilities of RumbleOn this year?
RumbleOn has a debt balance of 820.7 M USD this year.
RumbleOn Liabilities 2024
RumbleOn Liabilities
820.7 M USD
Ticker
RMBL
ISIN
US7813863054
WKN
A2P426
In 2024, RumbleOn's total liabilities amounted to 820.7 M USD, a -0.06% difference from the 821.2 M USD total liabilities 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.Liabilities Details
Assessing RumbleOn's Liabilities
RumbleOn's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating RumbleOn's financial stability, operational efficiency, and long-term viability.
Year-to-Year Comparison
By comparing RumbleOn's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.
Impact on Investments
RumbleOn's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.
Interpreting Liability Fluctuations
Shifts in RumbleOn’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.
Frequently Asked Questions about RumbleOn stock
What were the liabilities of RumbleOn compared to the previous year?
The liabilities of RumbleOn have increased by -0.06% dropped compared to the previous year.
What are the consequences of high debt for investors of RumbleOn?
High liabilities can pose a risk for investors of RumbleOn, as they can weaken the company's financial position and impair its ability to meet its obligations.
What consequences do low liabilities have for investors in RumbleOn?
Low liabilities mean that RumbleOn has a strong financial position and is able to meet its obligations without overburdening its finances.
How does an increase in liabilities of RumbleOn affect the company?
An increase in liabilities of RumbleOn can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.
How does a reduction in the liabilities of RumbleOn affect the company?
A decrease in the liabilities of RumbleOn can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.
What are some factors that influence the liabilities of RumbleOn?
Some factors that can influence the liabilities of RumbleOn include investments, acquisitions, operating costs, and sales development.
Why is the level of liabilities of RumbleOn so important for investors?
The liabilities of RumbleOn are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.
What strategic measures can RumbleOn take to modify the liabilities?
To change its liabilities, RumbleOn can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.
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 9/13/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/13/2024.
When did RumbleOn pay the last dividend?
The last dividend was paid out on 9/13/2024.
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.
