Vroom Investor Day Presentation Deck
available liquidity (uacc)
We calculate UACC's available liquidity as cash and cash equivalents (excluding restricted cash) less cash in transit plus cash that can be drawn down on from our warehouse
credit facilities by pledging eligible finance receivables. We believe reporting available liquidity provides investors with a measure of capacity of funds to support the UACC business
and lending activities. UACC available liquidity is reconciled to UACC's cash and cash equivalents which is the most directly comparable U.S. GAAP financial measure. Available
liquidity is not a measure of financial performance under U.S. GAAP and is not intended to be considered in isolation or as a substitute for, or superior to, financial information
prepared and presented in accordance with U.S. GAAP. The computation of available liquidity is as follows:
UACC Cash and cash equivalent
Cash in transit from (to) UACC
Unencumbered finance receivables
UACC available liquidity
Three Months Ended
March 31,
2022
$
10,736
1,866
107,599
120,201
$
$
2021
3,556
(698)
74,191
77,048
Year Ended
December 31,
2020
(in thousands)
$
$
4,039
(2,265)
41,196
42,969 $
$
2019
4,495
(3,465)
30,972
32,002
$
2018
4,369
(1,997)
27,440
29,812
79
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