Carvana Balance Sheet
NYSE: CVNAConsumer DiscretionaryRetail-Auto Dealers and Gas StationsUSD
At close: Oct 9, 4:03 PM ET · Delayed 15 min
Carvana financial position
At the end of fiscal 2025, Carvana reported total assets of $13.20 billion, up 55.6% from a year earlier against total liabilities of $9.00 billion. Shareholders' equity stood at $3.44 billion, or 26.1% of assets. The company held $2.33 billion in cash and equivalents against $5.04 billion of debt, a net debt position of $2.71 billion.
The current ratio (current assets divided by current liabilities) was 4.31, meaning short-term assets cover obligations due within a year. Debt-to-equity was 1.46.
Summary generated from market data by MetaCap's automated system. Methodology
Carvana balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.33B | 1.72B | 530.00M | 434.00M | 403.00M | 301.00M | 76.00M | 78.86M | 172.68M | 39.18M |
| Receivables | 245.00M | 303.00M | 266.00M | 253.00M | 206.00M | 79.00M | 39.86M | 33.12M | 14.11M | 5.69M |
| Inventory | 2.41B | 1.61B | 1.15B | 1.88B | 3.15B | 1.04B | 762.70M | 412.24M | 227.45M | 185.51M |
| Total Current Assets | 6.55B | 4.87B | 3.32B | 4.59B | 4.89B | 1.92B | 1.36B | 662.85M | 489.72M | 275.24M |
| Property, Plant & Equipment | 2.81B | 2.77B | 2.98B | 3.24B | 1.56B | 909.00M | 543.47M | 296.84M | 148.68M | 60.59M |
| Goodwill | 10.00M | 0 | — | 0 | 9.00M | 9.00M | 9.35M | 9.35M | 0 | — |
| Intangible Assets | 47.00M | 34.00M | 52.00M | 70.00M | 4.00M | 6.00M | 7.23M | 8.87M | 0 | — |
| Total Assets | 13.20B | 8.48B | 7.07B | 8.70B | 7.01B | 3.04B | 2.06B | 991.01M | 641.14M | 335.83M |
| Accounts Payable | 236.00M | 236.00M | 231.00M | 232.00M | 141.00M | 67.00M | 63.58M | 33.03M | 10.55M | 6.21M |
| Short-Term Debt | 211.00M | 302.00M | 777.00M | 1.64B | 2.15B | 79.00M | 606.64M | 208.10M | 253.92M | 166.37M |
| Total Current Liabilities | 1.52B | 1.34B | 1.54B | 2.59B | 2.89B | 467.00M | 864.87M | 329.51M | 306.03M | 196.42M |
| Long-Term Debt | 4.83B | 5.26B | 5.42B | 6.57B | 3.21B | 1.62B | 883.06M | 425.35M | 48.47M | 4.40M |
| Total Liabilities | 9.00B | 7.11B | 7.46B | 9.75B | 6.49B | 2.23B | 1.87B | 763.59M | 361.59M | 200.82M |
| Shareholders' Equity | 3.44B | 1.26B | 243.00M | -518.00M | 306.00M | 388.00M | 98.11M | 79.69M | 125.74M | -115.96M |
| Retained Earnings | -9.00M | -1.42B | -1.63B | -2.08B | -489.00M | -354.00M | -183.03M | -68.38M | -12.90M | 0 |
| Total Debt | 5.04B | 5.56B | 6.19B | 8.21B | 5.36B | 1.70B | 1.49B | 633.45M | 302.39M | 170.77M |
| Net Cash (Debt) | -2.71B | -3.84B | -5.66B | -7.78B | -4.96B | -1.40B | -1.41B | -554.58M | -129.71M | -131.59M |
| Shares Outstanding | — | — | — | — | — | — | — | — | — | 0 |
This table shows 10 annual periods of Carvana's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow CVNA's reporting calendar. What is a balance sheet?