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RDNW RDNW Floor plan interest expense

Floor plan interest expense at other companies

Asbury Automotive Group logo
Asbury Automotive GroupABG
$21M+1.4%
LAD
Lithia MotorsLAD
$55.9M-2.1%
Camping World Holdings logo
Camping World HoldingsCWH
$21.82M+19.2%
AutoNation logo
AutoNationAN
$41.8M-10.1%
Group 1 Automotive logo
Group 1 AutomotiveGPI
$23.3M-13.4%
Sonic Automotive logo
Sonic AutomotiveSAH
$19.4M-3.0%

Segments

By segment

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Powersports Dealership Group$2.4M-14.3%

Other financials

Income statement

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Revenue$260.4M+6.4%
Gross profit$71.6M+6.5%
Operating income$7.6M+100%
Net income-$4.3M+55.7%
EPS (diluted)-$0.11+57.7%

Balance sheet

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Cash & equivalents$46.4M-17.4%
Total debt$337.7M-2.0%
Total equity-$16.2M-160%
Total assets$721.7M-2.3%

Cash flow

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Operating cash flow-$27.6M-300%
CapEx$600.0K+20.0%
Free cash flow-$28.2M-281%

Valuation

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Market cap$256.99M+187%

Where this comes from

Reported directly by RDNW in its filing.

Tagged under the XBRL concept rdnw:FloorPlanInterestExpense.

The official record: RDNW’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is RDNW's floor plan interest expense?
RDNW (RDNW) reported floor plan interest expense of $2.4M in Q1 2026.
How has RDNW's floor plan interest expense changed year-over-year?
RDNW's floor plan interest expense decreased by 14.3% year-over-year, from $2.8M to $2.4M.
What does floor plan interest expense mean?
This metric measures the interest costs incurred on short-term financing arrangements specifically used to fund the purchase of vehicle inventory. It reflects the cost of capital required to maintain a retail vehicle stock and is highly sensitive to both inventory turnover rates and prevailing interest rate environments. Monitoring this expense is essential for evaluating the efficiency of inventory management and the impact of debt-financed working capital on overall profitability.