RumbleON (RMBL) Financials

The income statement of RumbleON Inc (RMBL) provides a comprehensive overview of the company's financial performance. It presents the revenue generated, expenses incurred, and the resulting net income. The gross profit, which is the difference between total revenue and cost of goods sold, reflects the profitability of the company's core operations. The ebit (earnings before interest and taxes) measures the operating profit, excluding non-operating factors like interest and taxes. Another metric used for evaluating profitability is ebitda (earnings before interest, taxes, depreciation, and amortization), which provides a more accurate picture of the company's cashflow. It excludes non-cash expenses like depreciation and amortization.

The balance sheet of RumbleON Inc (RMBL) is a snapshot of the company's financial position at a specific point in time. It comprises the company's assets, liabilities, and stockholders' equity. Total assets include both current assets like cash equivalents and non-current assets like property, plant, and equipment. Net debt is calculated by subtracting cash and cash equivalents from total debt. Stockholders' equity represents the residual interest in the assets of the company after deducting liabilities. Total liabilities include both current liabilities, such as accounts payable and long-term liabilities, like long-term debt.

Cash flow analysis provides insights into the cash generated and used by RumbleON Inc (RMBL). Operating cash flow measures the cash generated from the company's core operations. Financing cash flow depicts the cash flows resulting from activities like issuing or repurchasing stock and paying dividends. Investing cash flow reflects the cash flows arising from investments in long-term assets or other companies. Free cash flow is an important metric that shows the cash remaining after deducting capital expenditures from operating cash flow, which indicates the company's ability to generate cash for growth or distribution to shareholders.