Current Liabilities decreased faster than Getaround Inc 's Cash & cash equivalent, this led to improvement in Getaround Inc 's Quick Ratio to 0.59, above Getaround Inc average Quick Ratio.

Within Rental & Leasing industry 6 other companies have achieved higher Quick Ratio than Getaround Inc in third quarter 2024. While Quick Ratio total ranking in the third quarter 2024 has deteriorated compared to the prior quarter from 2056 to 2305.

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GETR Quick Ratio	(Sep 30 2024) Q3	(Jun 30 2024) Q2	(Mar 31 2024) Q1	(Dec 31 2023) Q4	(Sep 30 2023) Q3
Y / Y Current Liabilities Change	-23.57 %	2.74 %	42.65 %	80.05 %	1017.71 %
Y / Y Cash & cash equivalent Change	38.95 %	25.16 %	-40.06 %	-75.7 %	-28.08 %
Quick Ratio MRQ	0.59	0.56	0.42	0.15	0.32
GETR's Total Ranking	# 2305	# 2056	# 2292	# 2976	# 2820
Seq. Current Liabilities Change	-5.58 %	-5.16 %	-42.91 %	49.5 %	26.92 %
Seq. Cash & cash equivalent Change	-0.21 %	25.77 %	57.05 %	-29.51 %	-10.11 %

Quick Ratio third quarter 2024 Company Ranking
Within:	No.
Rental & Leasing Industry	# 7
Services Sector	# 247
Overall Market	# 2305

Quick Ratio Statistics
High	Average	Low
1.13	0.37	0
(Dec 31 2022)		(Mar 31 2022)

Financial Statements
Getaround Inc 's Current Liabilities	$ 52 Millions	Visit GETR's Balance sheet
Getaround Inc 's Cash & cash equivalent	$ 31 Millions	Visit GETR's Balance sheet
Source of GETR's Sales		Visit GETR's Sales by Geography

Cumulative Getaround Inc 's Quick Ratio

GETR's Quick Ratio for the trailling 12 Months

GETR Quick Ratio	(Sep 30 2024) 12 Months	(Jun 30 2024) 12 Months	(Mar 31 2024) 12 Months	(Dec 31 2023) 12 Months	(Sep 30 2023) 12 Months
Y / Y Current Liabilities TTM Growth	21.94 %	80.31 %	159.95 %	274.32 %	843.09 %
Y / Y Cash & cash equivalent TTM Growth	-33.04 %	-42.01 %	-53.92 %	-45.12 %	-18.51 %
Quick Ratio TTM	0.38	0.33	0.31	0.39	0.69
Total Ranking TTM	# 3591	# 3451	# 3461	# 3451	# 2818
Seq. Current Liabilities TTM Growth	-5.67 %	0.52 %	6.58 %	20.66 %	39.48 %
Seq. Cash & cash equivalent TTM Growth	9.26 %	7.13 %	-15.86 %	-32.01 %	-5.38 %

Quick ratio ranking by company, industry and sector >> Back to GETR Financial Strength Comparisons >> Go to Compare GETR Quick Ratio to its Competitors

News about Getaround Inc Quick Ratio

Getaround Secures $20 Million in Financing, Following Strong Q3 2023 Results: A Significant Boost for the Pioneering Connected Carsharing Marketplace

SAN FRANCISCO Getaround (NYSE: GETR), the world s first connected carsharing marketplace, has recently secured a debt facility with Mudrick Capital Management, offering a potential infusion of up to $20 million in additional capital. This funding will play a significant role in supporting Getaround s 2024 operating plan, with the company already having accessed the initial $5 million. The decision to seek further financing follows the company s solid financial performance in Q3 2023, as revealed in their December earnings call, showcasing impressive revenue growth of 42% year-over-year, along with notable improvements in trip metrics.
Getaround has been a pioneer in the carsharing industry, leveraging technology to connect car owners with individuals in need of short-term vehicle rentals. The company s innovative platform allows car owners to easily monetize their unused vehicles while providing a convenient and affordable solution for those seeking temporary transportation options. With its commitment to sustainability and reducing the environmental impact of transportation, Getaround has become a trusted and popular choice among both vehicle owners and renters.

On the trailing twelve months basis GETR Cash & cash equivalent grew by 38.95 % in Q3 2024 year on year, while Current Liabilities decreased to $52 millions, this led to increase in in Getaround Inc 's Quick Ratio to 0.38, Quick Ratio remained below GETR average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Rental & Leasing industry 12 other companies have achieved higher Quick Ratio than Getaround Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2024 from 3451 to 3591.

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How much Cash & cash equivalents GETR�s has?
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TTM Quick Ratio Company Ranking
Within:	No.
Within the Rental & Leasing Industry	# 13
Services Sector	# 489
Within the Market	# 3591

trailing twelve months Quick Ratio Statistics
High	Average	Low
0.97	0.4	0.03
(Dec 31 2022)		(Jun 30 2022)

Companies with similar Quick Ratio in the quarter ending Sep 30 2024, within Rental & Leasing Industry	Quick Ratio	Sep 30 2024 MRQ Cash & cash equivalent	Sep 30 2024 MRQ Current Liabilities
Avis Budget Group Inc	0.87	$ 602.000 Millions	$ 692.000 Millions
Aercap Holdings n v	0.68	$ 1,209.226 Millions	$ 1,774.827 Millions
Triton International Limited	0.60	$ 85.818 Millions	$ 143.125 Millions
Getaround Inc	0.59	$ 30.797 Millions	$ 52.416 Millions
Ftai Aviation Ltd	0.57	$ 111.888 Millions	$ 196.660 Millions
Bragg Gaming Group Inc	0.36	$ 11.723 Millions	$ 32.608 Millions
Hertz Global Holdings inc	0.25	$ 501.000 Millions	$ 2,022.000 Millions
Upbound Group Inc	0.21	$ 85.054 Millions	$ 406.790 Millions
Herc Holdings Inc	0.20	$ 142.000 Millions	$ 697.000 Millions
Katapult Holdings Inc	0.20	$ 25.968 Millions	$ 130.999 Millions
Chart Industries Inc	0.15	$ 310.200 Millions	$ 2,002.400 Millions
Senmiao Technology Limited	0.15	$ 0.792 Millions	$ 5.410 Millions
H and e Equipment Services Inc	0.12	$ 11.083 Millions	$ 91.630 Millions
United Rentals Inc	0.12	$ 479.000 Millions	$ 4,026.000 Millions

Date modified: 2026-09-08T17:53:02+00:00

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