HyreCar Inc.

As of September 30, 2022, HyreCar Inc. carries a market capitalization of 27.87M, placing it among publicly traded companies globally. Its enterprise value stands at 20.09M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

HyreCar Inc.'s next confirmed earnings release is scheduled for November 17, 2026.

As of September 30, 2022, HyreCar Inc. has 30.29M shares outstanding.

These figures are as of September 30, 2022. The price-to-sales ratio is 0.51, and the price-to-book ratio stands at 13.09.

These figures are as of September 30, 2022. The EV/Sales ratio of 0.50 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 20.09M versus a market cap of 27.87M, with the gap driven by net debt and cash on the balance sheet.

As of September 30, 2022, HyreCar Inc. maintains a current ratio of 0.92, meaning it holds 0.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 62.08, indicating elevated leverage, while an interest coverage ratio of -70,444.83 demonstrates limited ability to service its debt obligations.

Over the twelve months ended September 30, 2022, HyreCar Inc. posted a negative return on equity (ROE) of -374.52, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -93.72, reflecting losses generated across the asset base. The company generates approximately 524,854.16 in revenue per employee across its workforce of 76.00, a quick read on workforce productivity versus industry peers.

Over the twelve months ended September 30, 2022, HyreCar Inc. recorded 526.00 in income tax expense. The company reported a pretax loss of -18.36M and -18.36M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Over the twelve months ended September 30, 2022, HyreCar Inc. generated 39.89M in revenue and converted that into -18.36M in net income, yielding earnings per share of -0.83. EBITDA reached -20.29M, while operating income came in at -20.40M.

As of September 30, 2022, HyreCar Inc. holds 9.11M in cash and equivalents against 1.32M in total debt, resulting in a net debt position of -8.61M. Total book value stands at 2.13M, with working capital of -1.21M providing operational flexibility.

HyreCar Inc. produced -11.82M in operating cash flow over the twelve months ended September 30, 2022. After subtracting -273,462.00 in capital expenditures, free cash flow totaled -12.09M - equivalent to -0.55 per share.

Over the twelve months ended September 30, 2022, HyreCar Inc. posted a gross margin of 34.55, reflecting its pricing power and cost economics. The operating margin of -51.14 and net profit margin of -46.02 provide insight into operational efficiency.

These figures cover the twelve months ended September 30, 2022. Free cash flow yield is negative at -59.24: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -22.43, meaning HyreCar Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

As of September 30, 2022, HyreCar Inc. has an Altman Z-Score of -7.62, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.