HyreCar Inc.

Symbol: HYRE

NASDAQ

0.0185

USD

Market price today

  • -0.0147

    P/E Ratio

  • 0.0000

    PEG Ratio

  • 0.56M

    MRK Cap

  • 0.00%

    DIV Yield

HyreCar Inc. (HYRE) Stock Price & Analysis

Shares Outstanding

26.31M

Gross Profit Margin

0.27%

Operating Profit Margin

-0.78%

Net Profit Margin

-0.73%

Return on Assets

-1.58%

Return on Equity

-46.89%

Return on Capital Employed

-4.98%

Company general description and statistics

Sector: Industrials
Industry: Rental & Leasing Services
CEO:Mr. Joseph Furnari
Full-time employees:76
City:Los Angeles
Address:915 Wilshire Boulevard
IPO:2018-06-27
CIK:0001713832

HyreCar Inc., together with subsidiaries, operates a web-based car-sharing marketplace in the United States. Its marketplace allows car and fleet owners to rent their idle cars to ride-sharing service drivers, such as Uber and Lyft drivers. HyreCar Inc. was incorporated in 2014 and is headquartered in Los Angeles, California.

General Outlook

In simple terms, HyreCar Inc. has 26.313 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.274% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is -0.783%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -0.727%. This tells us they're good at keeping money after all costs.

Return on Investments

The company's asset efficiency, represented by a robust -1.578% return, is a testament to HyreCar Inc.'s adeptness in optimizing resource deployment. HyreCar Inc.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -46.894%. Furthermore, the proficiency of HyreCar Inc. in capital utilization is underscored by a remarkable -4.981% return on capital employed.

Stock Prices

HyreCar Inc.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $0.5, while its low point bottomed out at $0.47. This variance in figures offers investors a lucid insight into the roller-coaster ride that is HyreCar Inc.'s stock market.

Liquidity Ratios

Analyzing HYRE liquidity ratios reveals its financial health of the firm. The current ratio of 148.39% gauges short-term asset coverage for liabilities. The quick ratio (107.71%) assesses immediate liquidity, while the cash ratio (106.21%) indicates cash reserves.

cards.indicatorcards.value
Current Ratio148.39%
Quick Ratio107.71%
Cash Ratio106.21%

Profitability Ratios

HYRE profitability indicators offer a lens into its earnings landscape. A pretax profit margin of -72.67% underscores its earnings before tax deductions. The net income per EBT, 100.00%, and the EBT per EBIT, 92.77%, provide insights into its earnings hierarchy. Lastly, with an EBIT per revenue ratio of -78.33%, we grasp its operational profitability.

cards.indicatorcards.value
Pretax Profit Margin-72.67%
Net Income per EBT100.00%
EBT per EBIT92.77%
EBIT per Revenue-78.33%

Operational Efficiency

Operational metrics shed light on its business agility. With an operating cycle of 1.48, it details the span from stock purchase to revenue. The 1 days it takes to settle debts showcases its creditor relations. Meanwhile, a 1 cash conversion cycle and 21967.47% receivables turnover rate reflect its cash flow efficiency and credit management, respectively.

cards.indicatorcards.value
Days of Sales Outstanding108
Days of Inventory Outstanding47
Operating Cycle48.70
Days of Payables Outstanding78
Cash Conversion Cycle-30
Receivables Turnover219.67
Payables Turnover4.66
Inventory Turnover7.76
Fixed Asset Turnover6783.67
Asset Turnover2.17

Cash Flow Ratios

Peering into the cash flow metrics reveals liquidity and operational efficiency. The operating cash flow per share, -0.86, and free cash flow per share, -0.88, depict cash generation on a per-share basis. The cash per share value, 0.56, showcases liquidity position. Lastly, the operating cash flow sales ratio, -0.50, offers insight into cash flow relative to sales.

cards.indicatorcards.value
Operating Cash Flow per Share-0.86
Free Cash Flow per Share-0.88
Cash per Share0.56
Operating Cash Flow Sales Ratio-0.50
Free Cash Flow to Operating Cash Flow Ratio1.02
Capital Expenditure Coverage Ratio-48.33
Dividend Paid and Capex Coverage Ratio-48.33

Debt and Leverage Ratios

An interest coverage of 2304.74 indicates its ability to manage interest expenses.

cards.indicatorcards.value
Interest Coverage2304.74
Company Equity Multiplier2.93

Per Share Data

Speaking about the per share data offers a perceptive view of financial distribution. The revenue per share, 1.73, provides a glimpse into top-line earnings distributed across each share. Net income per share, -1.26, reflects the portion of profit attributed to each share. The book value per share, 0.27, represents the net asset value distributed per share, while the tangible book value per share, 0.25, excludes intangible assets.

cards.indicatorcards.value
Revenue Per Share1.73
Net Income Per Share-1.26
Book Value Per Share0.27
Tangible Book Value Per Share0.25
Shareholders Equity Per Share0.27
Capex Per Share-0.02

Other Metrics

Venturing into other key metrics unveils diverse facets of financial performance. The enterprise value, 85,696,141.4, captures the company's total value, considering both debt and equity. Income quality, 0.68, assesses the reliability of reported earnings. The sales, general, and administrative to revenue ratio, 0.61, gauges operational efficiency, while the research and development to revenue, 16.22%, highlights investment in innovation. The ratio of intangibles to total assets, 2.27%, indicates the value of non-physical assets, and capex to operating cash flow, 2.07%, measures reinvestment capability.

cards.indicatorcards.value
Enterprise Value85,696,141.4
Income Quality0.68
Sales General and Administrative to Revenue0.61
Research and Development to Revenue16.22%
Intangibles to Total Assets2.27%
Capex to Operating Cash Flow2.07%
Capex to Revenue-1.03%
Capex to Depreciation-475.68%
Stock-Based Compensation to Revenue22.89%
Graham Number2.78
Return on Tangible Assets-161.49%
Graham Net Net0.12
Working Capital5,239,460
Tangible Asset Value5,244,725
Net Current Asset Value5,239,460
Average Receivables135,976
Average Payables3,921,396
Average Inventory2,062,944.5
Days Sales Outstanding2
Days Payables Outstanding78
Days of Inventory On Hand47
ROIC-498.06%
ROE-4.62%

Valuation Ratios

Exploring the valuation ratios offers insights into perceived market value. The price to book value ratio, 0.07, and the price to book ratio, 0.07, reflect the market's valuation relative to the company's book value. The price to sales ratio, 0.01, provides a perspective on valuation in relation to sales. Ratios like price to free cash flows, -0.03, and price to operating cash flows, -0.02, gauge market valuation against cash flow metrics.

cards.indicatorcards.value
Price Book Value Ratio0.07
Price to Book Ratio0.07
Price to Sales Ratio0.01
Price Cash Flow Ratio-0.02
Enterprise Value Multiple-0.43
Price Fair Value0.07
Price to Operating Cash Flow Ratio-0.02
Price to Free Cash Flows Ratio-0.03
Price to Tangible Book Ratio17.30
Enterprise Value to Sales2.40
Enterprise Value Over EBITDA-3.07
EV to Operating Cash Flow-4.84
Earnings Yield-26.70%
Free Cash Flow Yield-18.60%
security
Trusted project
“All information displayed on the site is verified. High quality project and financial performance”
Eugene Alexeev
NumFin Founder and investing enthusiast

Frequently Asked Question

How many company shares are outstanding in 2024?

There are stock number shares outstanding of HyreCar Inc. (HYRE) on the NASDAQ in 2024.

What is P/E ratio of enterprise in 2024?

The current P/E ratio of enterprise is -0.015 in 2024.

What is the ticker symbol of HyreCar Inc. stock?

The ticker symbol of HyreCar Inc. stock is HYRE.

What is company IPO date?

IPO date of HyreCar Inc. is 2018-06-27.

What is company current share price?

Current share price is 0.018 USD.

What is stock market cap today?

The market cap of stock today is 562663.000.

What is PEG ratio in 2024?

The current 0.000 is 0.000 in 2024.

What is the number of employees in 2024?

In 2024 the company has 76.