RCII
Price:
$26.78
Market Cap:
$1.06B
Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a lease-to-own basis. The company operates in four segments: Rent-A-Center Business, Acima, Mexico, and Franchising. It offers furniture and accessories, appliances, consumer electronics, computers, tablets and smartphones, tools, tires, handbags, and other accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks located within retailer's locations. It operates retail installment sales stores under the Get It Now a...[Read more]
Industry
Rental & Leasing Services
IPO Date
1983-11-21
Stock Exchange
NASDAQ
Ticker
RCII
According to Rent-A-Center, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.71. This represents a change of -70.48% compared to the average of 2.41 of the last 4 quarters.
The mean historical Current Ratio of Rent-A-Center, Inc. over the last ten years is 1.12. The current 0.71 Current Ratio has changed 6.23% with respect to the historical average. Over the past ten years (40 quarters), RCII's Current Ratio was at its highest in in the June 2024 quarter at 3.79. The Current Ratio was at its lowest in in the September 2023 quarter at 0.24.
Average
1.12
Median
0.78
Minimum
0.59
Maximum
2.91
Discovering the peaks and valleys of Rent-A-Center, 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 = 314.35%
Maximum Annual Current Ratio = 2.91
Minimum Annual Increase = -30.61%
Minimum Annual Current Ratio = 0.59
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.91 | 18.77% |
| 2023 | 2.45 | 314.35% |
| 2022 | 0.59 | -28.25% |
| 2021 | 0.82 | 36.83% |
| 2020 | 0.60 | 0.44% |
| 2019 | 0.60 | -29.45% |
| 2018 | 0.85 | 13.93% |
| 2017 | 0.75 | 8.26% |
| 2016 | 0.69 | -30.61% |
| 2015 | 0.99 | 10.80% |
The current Current Ratio of Rent-A-Center, Inc. (RCII) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.98
5-year avg
1.47
10-year avg
1.12
Rent-A-Center, Inc.’s Current Ratio is less than Air Transport Services Group, Inc. (0.98), less than NV5 Global, Inc. (1.95), greater than Textainer Group Holdings Limited (0), less than Golden Ocean Group Limited (0.81), less than Hollysys Automation Technologies Ltd. (3.03), less than Kaman Corporation (1.32), less than Pursuit Attractions and Hospitality, Inc. (1.04), less than CIRCOR International, Inc. (2.22),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.98 | $1.48B | |
| 1.95 | $1.51B | |
| 0 | $2.07B | |
| 0.81 | $1.59B | |
| 3.03 | $1.64B | |
| 1.32 | $1.30B | |
| 1.04 | $1.01B | |
| 2.22 | $1.14B |
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What is the Current Ratio?
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What is the 3-year average Current Ratio for Rent-A-Center, Inc. (RCII)?
What is the 5-year average Current Ratio for Rent-A-Center, Inc. (RCII)?
How does the current Current Ratio for Rent-A-Center, Inc. (RCII) compare to its historical average?