Getaround, Inc. (GETR) Balance Sheet
GETR balance sheet, 2023
December 31, 2023 · U.S. dollars$161.1M assets = $158.0M liabilities + $3.1M equity
Both columns are drawn to the same scale: what GETR owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GETR financial health
Descriptive bands, not a rating. Fiscal 2023.
GETR balance sheet trends, 2020–2023
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $248.0M2020 | $161.1M2023 | −13.4%/yr | |
| Total liabilities | $525.5M2020 | $158.0M2023 | −33.0%/yr | |
| Shareholders’ equity | $122.3M2020 | $3.1M2023 | −70.6%/yr | |
| Cash & short-term investments | $50.4M2020 | $15.6M2023 | −32.3%/yr | |
| Total debt | $35.3M2020 | $80.6M2023 | +31.7%/yr | |
| Net cash (debt) | $15.1M2020 | −$65.0M2023 | −$80.1M | |
| Working capital | $17.4M2020 | −$73.1M2023 | −$90.5M | |
| Book value per share | $1.792020 | $0.032023 | −73.4%/yr | |
| Current ratio | 1.322020 | 0.272023 | −1.05 | |
| Debt / equity | 0.292020 | 25.852023 | +25.56 | |
| Shares outstanding | 68.5M2020 | 92.7M2023 | +10.6%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GETR assets
GETR liabilities and equity
GETR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GETR balance sheet
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | $15.6M | $64.3M | $62.5M | $50.4M |
| Cash & equivalents | $15.6M | $64.3M | $62.5M | $49.9M |
| Short-term investments | $1.5M | — | $120 | $516,000 |
| Receivables | $1.5M | $533,000 | $2.6M | $2.8M |
| Inventory | $7.5M | $0 | $8.7M | $18.5M |
| Other current assets | $2.0M | $9.7M | $497,000 | $2,000 |
| Total current assets | $26.6M | $74.5M | $74.3M | $71.8M |
| Property, plant & equipment (net) | $20.7M | $23.7M | $10.7M | $12.4M |
| Goodwill & intangible assets | $109.2M | $103.8M | $141.7M | $162.9M |
| Long-term investments | $0 | $0 | $0 | $0 |
| Other non-current assets | $4.6M | $3.4M | $253,000 | $930,000 |
| Total assets | $161.1M | $205.4M | $226.9M | $248.0M |
| Liabilities | ||||
| Accounts payable | $15.6M | $3.7M | $5.4M | $3.7M |
| Short-term debt | $22.5M | — | $1.8M | $8.1M |
| Deferred revenue | $684,000 | — | $310,000 | $452,000 |
| Total current liabilities | $99.7M | $56.9M | $46.9M | $54.3M |
| Long-term debt | $42.6M | $60.0M | $113.6M | $22.6M |
| Lease obligations | $18.1M | $20.3M | $4.5M | $5.1M |
| Other long-term liabilities | $15.7M | $18.9M | $467.6M | $448.5M |
| Total liabilities | $158.0M | $135.9M | $628.2M | $525.5M |
| Shareholders' equity | ||||
| Common stock & paid-in capital | $9,000 | $9,000 | $1,000 | $1,000 |
| Retained earnings (deficit) | −$876.0M | −$762.0M | −$625.9M | −$505.9M |
| Accumulated other comprehensive income | $19.9M | — | $2.3M | −$992,000 |
| Total shareholders' equity | $3.1M | $69.5M | $9.1M | $122.3M |
| Key figures | ||||
| Total debt | $80.6M | $60.0M | $119.4M | $35.3M |
| Net cash (debt) | −$65.0M | $4.3M | −$56.9M | $15.1M |
| Working capital | −$73.1M | $17.6M | $27.4M | $17.4M |
| Tangible book value | −$106.1M | −$34.3M | −$132.5M | −$40.5M |
| Book value per share | $0.03 | $0.75 | $0.10 | $1.79 |
| Shares outstanding | 92.7M | 92.1M | 92.1M | 68.5M |
| Current ratio | 0.27 | 1.31 | 1.58 | 1.32 |
| Quick ratio | 0.17 | 1.14 | 1.39 | 0.98 |
| Debt / equity | 25.85 | 0.86 | 13.05 | 0.29 |
| Equity / assets | 1.9% | 33.8% | 4.0% | 49.3% |
| Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | Dec '21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $30.8M | $30.9M | $24.5M | $15.6M | $22.2M | $24.7M | $40.9M | $64.3M | $30.8M | $52.7M | $44.5M | $62.5M |
| Cash & equivalents | $30.8M | $30.9M | $24.5M | $15.6M | $22.2M | $24.7M | $40.9M | $64.3M | $30.8M | $52.7M | $44.5M | $62.5M |
| Short-term investments | — | — | $163,000 | $1.5M | $311,000 | — | — | — | — | — | — | −$62.4M |
| Receivables | $1.2M | $1.3M | $1.3M | $1.5M | $1.3M | $905,000 | $455,000 | $533,000 | $1.1M | $2.5M | $1.8M | $2.6M |
| Inventory | $0 | $1.8M | $0 | $0 | $7.5M | $0 | $0 | $0 | $1 | $7.9M | $0 | $8.7M |
| Other current assets | $7.4M | $4.3M | $7.1M | $9.5M | $3.1M | $11.4M | $10.3M | $9.7M | $6.4M | $1.6M | $5.5M | $497,000 |
| Total current assets | $39.3M | $38.3M | $33.0M | $26.6M | $34.1M | $36.9M | $51.7M | $74.5M | $38.3M | $64.8M | $51.8M | $74.3M |
| Property, plant & equipment (net) | $2.8M | $2.9M | $19.7M | $20.7M | $21.8M | $22.5M | $23.3M | $23.7M | $24.1M | $24.5M | $25.4M | $10.7M |
| Goodwill & intangible assets | $103.8M | $101.5M | $104.5M | $109.2M | $107.4M | $112.3M | $104.3M | $103.8M | $116.7M | $126.3M | $136.9M | $141.7M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $7.4M | $7.0M | $6.8M | $4.6M | $3.9M | $3.8M | $3.6M | $3.4M | $1.7M | $1.6M | $245,000 | $253,000 |
| Total assets | $153.3M | $149.7M | $164.0M | $161.1M | $167.2M | $175.5M | $182.9M | $205.4M | $180.9M | $217.1M | $214.3M | $226.9M |
| Liabilities | ||||||||||||
| Accounts payable | $6.4M | $7.4M | $10.8M | $15.6M | $12.5M | $7.5M | $3.8M | $3.7M | $10.5M | $6.0M | $3.9M | $5.4M |
| Short-term debt | $1.9M | $2.9M | $4.2M | $22.5M | $18.4M | — | — | — | $38.4M | $8.2M | $605,000 | $1.8M |
| Deferred revenue | $1.0M | $2.6M | $1.5M | $684,000 | $1.0M | — | — | — | $866,000 | $2.8M | $331,000 | $310,000 |
| Total current liabilities | $66.9M | $75.3M | $76.3M | $99.7M | $86.0M | $75.6M | $56.3M | $56.9M | $93.8M | $65.6M | $51.6M | $46.9M |
| Long-term debt | $118.5M | $106.9M | $99.7M | $42.6M | $51.3M | $58.8M | $56.9M | $60.0M | $0 | $136.4M | $0 | $113.6M |
| Lease obligations | $1.4M | $1.5M | $17.4M | $18.1M | $18.6M | $19.4M | $19.5M | $20.3M | — | $21.3M | — | $4.5M |
| Other long-term liabilities | $1.4M | $1.4M | $15.1M | $15.7M | $16.4M | $17.3M | $18.2M | $18.9M | $187.7M | $487.5M | $182.6M | $467.6M |
| Total liabilities | $186.8M | $183.6M | $191.2M | $158.0M | $153.7M | $151.8M | $131.4M | $135.9M | $281.5M | $689.6M | $234.2M | $628.2M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $10,000 | $10,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $9,000 | $1,000 | $1,000 | $1,000 | $1,000 |
| Retained earnings (deficit) | −$934.5M | −$918.9M | −$906.9M | −$876.0M | −$842.4M | −$815.1M | −$784.8M | −$762.0M | −$726.5M | −$694.1M | −$654.7M | −$625.9M |
| Accumulated other comprehensive income | $39.1M | $26.7M | $17.2M | $19.9M | $7.6M | — | — | — | −$31.7M | −$9.2M | −$14.7M | $2.3M |
| Total shareholders' equity | −$33.5M | −$33.9M | −$27.2M | $3.1M | $13.5M | $23.7M | $51.5M | $69.5M | −$100.6M | −$472.5M | −$19.9M | −$401.2M |
| Key figures | ||||||||||||
| Total debt | $121.6M | $110.9M | $118.5M | $80.6M | $101.8M | $58.8M | $56.9M | $60.0M | $161.6M | $163.3M | $135.9M | $119.4M |
| Net cash (debt) | −$90.8M | −$80.0M | −$94.0M | −$65.0M | −$79.6M | −$34.2M | −$15.9M | $4.3M | −$130.8M | −$110.5M | −$91.4M | −$56.9M |
| Working capital | −$27.5M | −$37.0M | −$43.4M | −$73.1M | −$51.9M | −$38.7M | −$4.6M | $17.6M | −$55.5M | −$835,000 | $147,000 | $27.4M |
| Tangible book value | −$137.3M | −$135.4M | −$131.7M | −$106.1M | −$93.9M | −$88.6M | −$52.8M | −$34.3M | −$217.4M | −$598.8M | −$156.8M | −$542.9M |
| Book value per share | −$0.33 | −$0.34 | −$0.28 | $0.03 | $0.14 | $0.26 | $0.56 | $0.75 | −$1.09 | −$5.13 | −$0.22 | −$4.69 |
| Shares outstanding | 100.5M | 98.3M | 96.7M | 92.8M | 93.2M | 92.1M | 92.1M | 92.1M | 92.1M | 92.1M | 92.1M | 85.6M |
| Current ratio | 0.59 | 0.51 | 0.43 | 0.27 | 0.40 | 0.49 | 0.92 | 1.31 | 0.41 | 0.99 | 1.00 | 1.58 |
| Quick ratio | 0.48 | 0.43 | 0.34 | 0.17 | 0.27 | 0.34 | 0.73 | 1.14 | 0.34 | 0.84 | 0.90 | 1.39 |
| Debt / equity | — | — | — | 25.85 | 7.55 | 2.48 | 1.11 | 0.86 | — | — | — | — |
| Equity / assets | −21.8% | −22.7% | −16.6% | 1.9% | 8.1% | 13.5% | 28.1% | 33.8% | −55.6% | −217.7% | −9.3% | −176.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 29, 2024); data from EODHD.
GETR financial position
At the end of fiscal 2023 (December 31, 2023), Getaround had total assets of $161.1 million (down 21.6% from a year earlier), total liabilities of $158.0 million and shareholders' equity of $3.1 million. It held $15.6 million in cash and short-term investments against $80.6 million of debt, net debt of $65.0 million. Its current ratio was 0.27. In the latest quarter (ended September 30, 2024) total assets were $153.3 million and equity -$33.5 million.
Related: GETR income statement, GETR cash flow statement, GETR key metrics. See the GETR stock overview for the latest quote and news.
GETR balance sheet FAQ
What are Getaround's total assets?
Getaround reported total assets of $161.1 million at the end of fiscal 2023 (December 31, 2023), compared with $205.4 million a year earlier.
How much debt does Getaround have?
Getaround had $80.6 million of total debt at the end of fiscal 2023, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 25.85.
How much cash does Getaround have?
Getaround held $15.6 million in cash and short-term investments at the end of fiscal 2023; with $80.6 million of debt that is net debt of $65.0 million.
What is Getaround's book value?
Getaround's shareholders' equity (book value) was $3.1 million at the end of fiscal 2023, or $0.03 per share.
What is Getaround's current ratio?
Getaround had current assets of $26.6 million and current liabilities of $99.7 million, a current ratio of 0.27 (current liabilities exceed current assets).
How much goodwill does Getaround have?
Getaround carried $109.2 million of goodwill and intangible assets, 67.8% of total assets, at the end of fiscal 2023.