Carvana Other Operating Expenses vs Total Other Income Expense Net Analysis

CVNA Stock  USD 117.50  0.43  0.36%   
Carvana financial indicator trend analysis is way more than just evaluating Carvana prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carvana is a good investment. Please check the relationship between Carvana Other Operating Expenses and its Total Other Income Expense Net accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Other Operating Expenses vs Total Other Income Expense Net

Other Operating Expenses vs Total Other Income Expense Net Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carvana Other Operating Expenses account and Total Other Income Expense Net. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Carvana's Other Operating Expenses and Total Other Income Expense Net is -0.25. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Total Other Income Expense Net in the same time period over historical financial statements of Carvana Co, assuming nothing else is changed. The correlation between historical values of Carvana's Other Operating Expenses and Total Other Income Expense Net is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Carvana Co are associated (or correlated) with its Total Other Income Expense Net. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Other Income Expense Net has no effect on the direction of Other Operating Expenses i.e., Carvana's Other Operating Expenses and Total Other Income Expense Net go up and down completely randomly.

Correlation Coefficient

-0.25
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Carvana. It is also known as Carvana overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Total Other Income Expense Net

Most indicators from Carvana's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carvana current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At present, Carvana's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 588.3 M, whereas Selling General Administrative is forecasted to decline to about 812.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense176M486M632M663.6M
Depreciation And Amortization105M261M352M369.6M

Carvana fundamental ratios Correlations

0.9-0.04-0.560.770.950.990.860.840.850.990.850.930.85-0.550.940.990.93-0.150.970.99-0.910.970.86-0.710.98
0.9-0.13-0.320.760.770.830.590.960.960.880.990.980.99-0.50.720.880.92-0.140.790.88-0.710.790.6-0.650.87
-0.04-0.130.44-0.080.170.030.220.1-0.13-0.12-0.13-0.05-0.13-0.08-0.01-0.13-0.13-0.18-0.09-0.150.27-0.090.24-0.20.12
-0.56-0.320.44-0.42-0.53-0.63-0.66-0.08-0.17-0.64-0.27-0.32-0.270.08-0.74-0.65-0.41-0.3-0.71-0.650.82-0.71-0.640.18-0.5
0.770.76-0.08-0.420.690.730.660.670.660.770.710.770.71-0.650.720.760.67-0.330.750.77-0.690.740.6-0.820.76
0.950.770.17-0.530.690.970.920.740.710.930.710.840.71-0.560.950.930.85-0.20.950.92-0.870.950.95-0.750.95
0.990.830.03-0.630.730.970.930.760.750.980.770.870.77-0.530.980.980.88-0.130.990.98-0.920.990.93-0.680.98
0.860.590.22-0.660.660.920.930.540.480.860.520.660.52-0.490.960.860.68-0.130.920.85-0.860.920.99-0.610.9
0.840.960.1-0.080.670.740.760.540.960.790.950.960.95-0.510.620.790.88-0.220.690.79-0.560.690.55-0.670.84
0.850.96-0.13-0.170.660.710.750.480.960.820.950.950.95-0.490.630.810.9-0.190.710.82-0.630.710.49-0.620.8
0.990.88-0.12-0.640.770.930.980.860.790.820.830.910.83-0.520.961.00.92-0.110.981.0-0.940.980.86-0.670.96
0.850.99-0.13-0.270.710.710.770.520.950.950.830.951.0-0.450.650.830.87-0.120.720.83-0.640.720.53-0.610.83
0.930.98-0.05-0.320.770.840.870.660.960.950.910.950.95-0.540.770.90.96-0.180.830.9-0.750.830.67-0.710.9
0.850.99-0.13-0.270.710.710.770.520.950.950.831.00.95-0.460.650.830.87-0.120.720.83-0.640.720.53-0.610.83
-0.55-0.5-0.080.08-0.65-0.56-0.53-0.49-0.51-0.49-0.52-0.45-0.54-0.46-0.5-0.52-0.50.73-0.52-0.510.41-0.52-0.490.79-0.57
0.940.72-0.01-0.740.720.950.980.960.620.630.960.650.770.65-0.50.960.8-0.090.990.95-0.960.990.96-0.630.93
0.990.88-0.13-0.650.760.930.980.860.790.811.00.830.90.83-0.520.960.91-0.10.981.0-0.950.980.86-0.660.96
0.930.92-0.13-0.410.670.850.880.680.880.90.920.870.960.87-0.50.80.91-0.120.860.91-0.820.860.7-0.630.88
-0.15-0.14-0.18-0.3-0.33-0.2-0.13-0.13-0.22-0.19-0.11-0.12-0.18-0.120.73-0.09-0.1-0.12-0.1-0.1-0.03-0.1-0.140.55-0.19
0.970.79-0.09-0.710.750.950.990.920.690.710.980.720.830.72-0.520.990.980.86-0.10.98-0.971.00.92-0.660.94
0.990.88-0.15-0.650.770.920.980.850.790.821.00.830.90.83-0.510.951.00.91-0.10.98-0.950.980.85-0.650.95
-0.91-0.710.270.82-0.69-0.87-0.92-0.86-0.56-0.63-0.94-0.64-0.75-0.640.41-0.96-0.95-0.82-0.03-0.97-0.95-0.97-0.850.54-0.84
0.970.79-0.09-0.710.740.950.990.920.690.710.980.720.830.72-0.520.990.980.86-0.11.00.98-0.970.92-0.650.94
0.860.60.24-0.640.60.950.930.990.550.490.860.530.670.53-0.490.960.860.7-0.140.920.85-0.850.92-0.620.89
-0.71-0.65-0.20.18-0.82-0.75-0.68-0.61-0.67-0.62-0.67-0.61-0.71-0.610.79-0.63-0.66-0.630.55-0.66-0.650.54-0.65-0.62-0.73
0.980.870.12-0.50.760.950.980.90.840.80.960.830.90.83-0.570.930.960.88-0.190.940.95-0.840.940.89-0.73
Click cells to compare fundamentals

Carvana Account Relationship Matchups

Carvana fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B3.0B7.0B8.7B7.1B7.4B
Total Current Liabilities864.9M467.1M2.9B2.6B1.5B1.0B
Total Stockholder Equity98.1M387.6M306M(518M)243M255.2M
Net Tangible Assets81.5M372.6M293M(588M)(529.2M)(502.7M)
Accounts Payable234.4M66.5M141M216M224M116.4M
Cash76.0M300.8M403M434M530M556.5M
Net Receivables39.9M85.0M206M253M266M279.3M
Common Stock Shares Outstanding46.8M65.0M82.8M100.8M200.6M210.6M
Inventory762.7M1.0B3.1B1.9B1.2B978.3M
Other Current Assets151.4M197.9M545M503M138M174.4M
Total Liab1.9B2.2B6.5B9.8B7.5B7.8B
Short Long Term Debt617.6M105.3M2.2B1.7B857M682.9M
Total Current Assets1.4B1.9B4.9B4.6B3.3B1.9B
Short Term Debt617.6M108.8M2.2B1.7B857M683.3M
Common Stock133K145K152K173K155.7K147.9K
Property Plant Equipment666.9M1.1B1.9B3.8B4.3B4.6B
Short Long Term Debt Total1.6B1.9B5.8B8.8B6.7B7.0B
Other Current Liab6.5M275.0M510M618M425M246.9M
Other Liab1.8M1.4M31M78M70.2M44.7M
Property Plant And Equipment Net666.9M1.1B1.9B3.8B3.4B3.6B
Net Debt1.5B1.6B5.4B8.4B6.2B6.5B
Retained Earnings(183.0M)(354.2M)(489M)(2.1B)(1.6B)(1.5B)
Non Current Assets Total698.3M1.1B2.1B4.1B3.8B3.9B
Cash And Short Term Investments76.0M300.8M403M434M896M940.8M
Common Stock Total Equity133K145K152K173K155.7K147.9K
Liabilities And Stockholders Equity2.1B3.0B7.0B8.7B7.1B3.7B
Non Current Liabilities Total1.0B1.8B3.6B7.2B5.9B6.2B
Other Stockholder Equity281.0M741.6M795M1.6B1.9B2.0B
Property Plant And Equipment Gross666.9M1.1B1.9B3.8B4.2B4.4B
Non Currrent Assets Other14.9M31.8M181M254M261M274.1M
Long Term Debt883.1M1.6B3.2B6.6B5.4B5.7B
Long Term Debt Total883.1M1.6B3.2B6.6B7.6B7.9B
Non Current Liabilities Other1.8M148.9M392M78M70M97.1M
Current Deferred Revenue6.4M16.9M34M23M30M31.5M
Noncontrolling Interest In Consolidated Entity93.8M413.9M219M(535M)(481.5M)(457.4M)
Other Assets14.9M187.2M181M254M292.1M306.7M

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When determining whether Carvana offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Carvana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Carvana Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Carvana Co Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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Is Carvana's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carvana. If investors know Carvana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carvana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(4.18)
Revenue Per Share
100.326
Quarterly Revenue Growth
0.175
Return On Assets
0.0157
Return On Equity
(12.69)
The market value of Carvana is measured differently than its book value, which is the value of Carvana that is recorded on the company's balance sheet. Investors also form their own opinion of Carvana's value that differs from its market value or its book value, called intrinsic value, which is Carvana's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carvana's market value can be influenced by many factors that don't directly affect Carvana's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carvana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carvana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carvana's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.