KAR Net Debt vs Good Will Analysis

KAR Stock  USD 17.58  0.13  0.74%   
KAR Auction financial indicator trend analysis is infinitely more than just investigating KAR Auction Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KAR Auction Services is a good investment. Please check the relationship between KAR Auction Net Debt and its Good Will accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KAR Auction Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

Net Debt vs Good Will

Net Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KAR Auction Services Net Debt account and Good Will. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between KAR Auction's Net Debt and Good Will is 0.51. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of KAR Auction Services, assuming nothing else is changed. The correlation between historical values of KAR Auction's Net Debt and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of KAR Auction Services are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Debt i.e., KAR Auction's Net Debt and Good Will go up and down completely randomly.

Correlation Coefficient

0.51
Relationship DirectionPositive 
Relationship StrengthWeak

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from KAR Auction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KAR Auction Services 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KAR Auction Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, KAR Auction's Selling General Administrative is relatively stable compared to the past year. As of 05/02/2024, Sales General And Administrative To Revenue is likely to grow to 0.22, while Discontinued Operations is likely to drop slightly above 116.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense126.6M119.2M155.8M115.3M
Depreciation And Amortization200.5M67.6M101.5M150.0M

KAR Auction fundamental ratios Correlations

0.450.820.710.320.810.560.350.410.90.530.56-0.340.420.360.530.730.90.140.290.40.390.180.52-0.160.95
0.450.1-0.12-0.450.540.950.97-0.430.210.420.920.30.330.990.42-0.090.560.580.2-0.070.970.60.460.40.57
0.820.10.890.590.690.290.010.540.880.410.2-0.580.050.00.410.880.620.080.220.550.02-0.070.3-0.210.69
0.71-0.120.890.690.550.03-0.210.730.880.3-0.08-0.590.21-0.210.30.990.44-0.170.00.61-0.21-0.180.18-0.480.57
0.32-0.450.590.690.34-0.27-0.580.810.550.36-0.36-0.470.09-0.560.360.670.16-0.38-0.280.49-0.56-0.05-0.36-0.590.03
0.810.540.690.550.340.640.450.190.780.530.64-0.190.40.450.530.540.830.250.130.30.460.30.28-0.040.74
0.560.950.290.03-0.270.640.89-0.320.360.530.920.10.350.910.530.050.630.640.31-0.010.920.630.430.390.64
0.350.970.01-0.21-0.580.450.89-0.560.130.20.920.330.230.990.2-0.170.510.60.23-0.170.970.470.470.480.51
0.41-0.430.540.730.810.19-0.32-0.560.60.38-0.41-0.250.19-0.540.380.710.17-0.66-0.40.58-0.53-0.03-0.14-0.870.21
0.90.210.880.880.550.780.360.130.60.380.33-0.390.350.110.380.880.78-0.070.050.530.130.030.31-0.380.8
0.530.420.410.30.360.530.530.20.380.380.32-0.030.50.311.00.30.370.13-0.030.390.310.710.11-0.20.42
0.560.920.2-0.08-0.360.640.920.92-0.410.330.320.170.30.910.32-0.060.760.60.37-0.170.910.490.440.440.65
-0.340.3-0.58-0.59-0.47-0.190.10.33-0.25-0.39-0.030.170.00.32-0.03-0.58-0.17-0.31-0.58-0.020.310.340.01-0.15-0.22
0.420.330.050.210.090.40.350.230.190.350.50.30.00.310.50.220.350.03-0.010.230.320.310.35-0.180.42
0.360.990.0-0.21-0.560.450.910.99-0.540.110.310.910.320.310.31-0.170.50.60.25-0.120.990.520.510.480.52
0.530.420.410.30.360.530.530.20.380.381.00.32-0.030.50.310.30.370.13-0.030.390.310.710.11-0.20.42
0.73-0.090.880.990.670.540.05-0.170.710.880.3-0.06-0.580.22-0.170.30.46-0.170.00.64-0.17-0.20.25-0.460.6
0.90.560.620.440.160.830.630.510.170.780.370.76-0.170.350.50.370.460.230.330.140.520.220.430.020.87
0.140.580.08-0.17-0.380.250.640.6-0.66-0.070.130.6-0.310.030.60.13-0.170.230.75-0.440.570.250.190.870.2
0.290.20.220.0-0.280.130.310.23-0.40.05-0.030.37-0.58-0.010.25-0.030.00.330.75-0.410.26-0.130.350.740.34
0.4-0.070.550.610.490.3-0.01-0.170.580.530.39-0.17-0.020.23-0.120.390.640.14-0.44-0.41-0.09-0.130.38-0.530.33
0.390.970.02-0.21-0.560.460.920.97-0.530.130.310.910.310.320.990.31-0.170.520.570.26-0.090.50.550.470.57
0.180.6-0.07-0.18-0.050.30.630.47-0.030.030.710.490.340.310.520.71-0.20.220.25-0.13-0.130.5-0.23-0.010.15
0.520.460.30.18-0.360.280.430.47-0.140.310.110.440.010.350.510.110.250.430.190.350.380.55-0.230.220.69
-0.160.4-0.21-0.48-0.59-0.040.390.48-0.87-0.38-0.20.44-0.15-0.180.48-0.2-0.460.020.870.74-0.530.47-0.010.22-0.03
0.950.570.690.570.030.740.640.510.210.80.420.65-0.220.420.520.420.60.870.20.340.330.570.150.69-0.03
Click cells to compare fundamentals

KAR Auction Account Relationship Matchups

KAR Auction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B6.8B7.4B5.1B4.7B6.1B
Short Long Term Debt Total2.2B2.2B2.2B573.7M427.4M406.0M
Other Current Liab2.5B2.2B3.0B1.7B1.6B1.6B
Total Current Liabilities2.5B2.3B3.0B2.6B2.5B2.0B
Total Stockholder Equity1.7B2.2B2.1B2.1B1.9B1.7B
Other Liab179.7M733.8M761.6M59.9M68.9M65.4M
Property Plant And Equipment Net973.1M940.5M904.9M208.4M245.7M233.4M
Net Debt1.7B1.5B2.0B348M333.9M317.2M
Retained Earnings651M600.7M625.7M822.9M624.4M655.6M
Accounts Payable704.6M688.9M1.0B551.2M556.6M587.2M
Cash507.6M752.1M190M225.7M93.5M88.8M
Non Current Assets Total3.3B3.6B4.1B2.1B1.9B2.7B
Non Currrent Assets Other35.5M40.8M56.4M57.3M3M2.9M
Other Assets35.5M604M56.4M57.3M65.9M62.6M
Long Term Debt1.9B1.9B1.8B205.3M202.4M192.3M
Cash And Short Term Investments507.6M752.1M190M225.7M93.5M88.8M
Net Receivables2.6B2.3B3.0B2.7B2.6B2.0B
Good Will1.8B2.1B2.6B1.5B1.3B2.0B
Common Stock Shares Outstanding132.9M129.3M123M116.3M109.1M141.4M
Liabilities And Stockholders Equity6.6B6.8B7.4B5.1B4.7B6.1B
Non Current Liabilities Total2.4B2.4B2.3B345.8M920.5M874.5M
Inventory53.3M60.2M25.8M15.5M1.00.95
Other Current Assets125.9M106.7M109.5M78.9M109.2M133.6M
Other Stockholder Equity997.9M1.0B910.8M743.8M738.2M955.2M
Total Liab4.9B4.6B5.3B3.0B3.4B4.5B
Property Plant And Equipment Gross973.1M940.5M904.9M208.4M432.9M594.4M
Total Current Assets3.2B3.2B3.4B3.0B2.8B2.5B
Accumulated Other Comprehensive Income(31M)(32.7M)(24.7M)(49.5M)(36.7M)(34.9M)
Short Term Debt28.8M24.3M16.3M288.7M154.6M82.0M
Intangible Assets541.9M542.3M575.6M424.5M317.6M518.8M
Property Plant Equipment609M589.9M904.9M123.6M111.2M105.7M
Current Deferred Revenue(704.6M)(688.9M)(1.0B)54M135.7M142.5M
Net Tangible Assets(677.9M)(476.1M)(1.6B)299.1M344.0M361.2M
Retained Earnings Total Equity651M600.7M625.7M822.9M946.3M993.7M
Long Term Debt Total1.9B1.9B1.8B205.3M184.8M175.5M
Capital Surpluse1.0B1.0B910.8M743.8M669.4M990.7M
Deferred Long Term Liab134.5M128.6M138.4M54M48.6M46.2M

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When determining whether KAR Auction Services is a strong investment it is important to analyze KAR Auction's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KAR Auction's future performance. For an informed investment choice regarding KAR Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KAR Auction Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the KAR Auction Services information on this page should be used as a complementary analysis to other KAR Auction's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running KAR Auction's price analysis, check to measure KAR Auction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KAR Auction is operating at the current time. Most of KAR Auction's value examination focuses on studying past and present price action to predict the probability of KAR Auction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KAR Auction's price. Additionally, you may evaluate how the addition of KAR Auction to your portfolios can decrease your overall portfolio volatility.
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Is KAR Auction'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 KAR Auction. If investors know KAR 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 KAR Auction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Earnings Share
(1.83)
Revenue Per Share
15.079
Quarterly Revenue Growth
0.05
Return On Assets
0.0312
The market value of KAR Auction Services is measured differently than its book value, which is the value of KAR that is recorded on the company's balance sheet. Investors also form their own opinion of KAR Auction's value that differs from its market value or its book value, called intrinsic value, which is KAR Auction'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 KAR Auction's market value can be influenced by many factors that don't directly affect KAR Auction'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 KAR Auction's value and its price as these two are different measures arrived at by different means. Investors typically determine if KAR Auction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KAR Auction'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.