Carvana Financial Statements From 2010 to 2024

CVNA Stock  USD 90.31  0.50  0.55%   
Carvana financial statements provide useful quarterly and yearly information to potential Carvana Co investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Carvana financial statements helps investors assess Carvana's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Carvana's valuation are summarized below:
Gross Profit
1.2 B
Profit Margin
0.0418
Market Capitalization
16 B
Enterprise Value Revenue
1.5198
Revenue
10.8 B
We have found one hundred twenty available fundamental signals for Carvana Co, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to validate all of Carvana Co prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road.
Check Carvana financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Carvana main balance sheet or income statement drivers, such as Depreciation And Amortization of 369.6 M, Interest Expense of 663.6 M or Selling General Administrative of 812.9 M, as well as many exotic indicators such as Short Term Coverage Ratios of 0.98, Price Earnings Ratio of 24.8 K or Price To Sales Ratio of 1 K. Carvana financial statements analysis is a perfect complement when working with Carvana Valuation or Volatility modules.
  
This module can also supplement Carvana's financial leverage analysis and stock options assessment as well as various Carvana Technical models . Check out the analysis of Carvana Correlation against competitors.

Carvana Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.4 B7.1 B2.5 B
Slightly volatile
Total Current LiabilitiesB1.5 B691.4 M
Slightly volatile
Accounts Payable116.4 M224 M78.9 M
Slightly volatile
Cash556.5 M530 M177.9 M
Slightly volatile
Net Receivables279.3 M266 M79.5 M
Slightly volatile
Common Stock Shares Outstanding210.6 M200.6 M57.1 M
Slightly volatile
Inventory978.3 M1.1 B665.2 M
Slightly volatile
Other Current Assets174.4 M138 M117.4 M
Slightly volatile
Total Liabilities7.8 B7.5 B2.5 B
Slightly volatile
Short and Long Term Debt682.9 M857 M464 M
Slightly volatile
Total Current Assets1.9 B3.3 B1.3 B
Slightly volatile
Short Term Debt683.3 M857 M464.3 M
Slightly volatile
Common Stock147.9 K155.7 K14.9 M
Slightly volatile
Property Plant Equipment4.6 B4.3 B1.1 B
Slightly volatile
Short and Long Term Debt TotalB6.7 B2.2 B
Slightly volatile
Other Current Liabilities246.9 M425 M160.5 M
Slightly volatile
Other Liabilities44.7 M70.2 M60.1 M
Pretty Stable
Property Plant And Equipment Net3.6 B3.4 BB
Slightly volatile
Non Current Assets Total3.9 B3.8 B1.1 B
Slightly volatile
Cash And Short Term Investments940.8 M896 M240 M
Slightly volatile
Common Stock Total Equity147.9 K155.7 K27.9 M
Slightly volatile
Short Term Investments384.3 M366 M121.3 M
Slightly volatile
Liabilities And Stockholders Equity3.7 B7.1 B2.3 B
Slightly volatile
Non Current Liabilities Total6.2 B5.9 B1.8 B
Slightly volatile
Other Stockholder EquityB1.9 B543.5 M
Slightly volatile
Property Plant And Equipment Gross4.4 B4.2 B1.1 B
Slightly volatile
Preferred Stock Total Equity152.6 M111.8 M100.5 M
Slightly volatile
Long Term Debt5.7 B5.4 B1.6 B
Slightly volatile
Long Term Debt Total7.9 B7.6 B1.9 B
Slightly volatile
Total Permanent Equity223.6 M251.6 M274 M
Slightly volatile
Other Assets306.7 M292.1 M84.7 M
Slightly volatile
Capital Surpluse1.9 B1.8 B501.8 M
Slightly volatile
Additional Paid In Capital33.1 M37.2 M40.5 M
Slightly volatile
Net Invested Capital3.9 B6.5 B2.1 B
Slightly volatile
Net Working Capital1.3 B1.8 B722.7 M
Slightly volatile
Capital Lease Obligations344.2 M433 M196.9 M
Slightly volatile

Carvana Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization369.6 M352 M83.6 M
Slightly volatile
Interest Expense663.6 M632 M147.2 M
Slightly volatile
Selling General Administrative812.9 M1.6 B549.7 M
Slightly volatile
Selling And Marketing Expenses208.6 M228 M141.4 M
Slightly volatile
Total Revenue5.5 B10.8 B3.7 B
Slightly volatile
Other Operating Expenses5.8 B10.8 B3.9 B
Slightly volatile
Cost Of Revenue4.8 BB3.2 B
Slightly volatile
Total Operating ExpensesB1.8 B691.1 M
Slightly volatile
Preferred Stock And Other Adjustments2.5 M4.8 M2.1 M
Slightly volatile
Reconciled Depreciation369.6 M352 M87.9 M
Slightly volatile
Non Recurring677.6 M762.3 M830.1 M
Slightly volatile

Carvana Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Borrowings3.2 B3.1 B941.2 M
Slightly volatile
Begin Period Cash Flow659.4 M628 M182.8 M
Slightly volatile
Other Cashflows From Financing Activities14.3 B13.6 BB
Slightly volatile
Depreciation369.6 M352 M83.6 M
Slightly volatile
Capital Expenditures82.7 M87 M141.6 M
Slightly volatile
End Period Cash Flow623.7 M594 M220.5 M
Slightly volatile
Stock Based Compensation76.7 M73 M23.3 M
Slightly volatile
Cash Flows Other Operating223 M435.9 M134.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales RatioK986137
Slightly volatile
Dividend Yield7.0E-47.0E-40.0819
Slightly volatile
Operating Cycle52.6455.4106139
Slightly volatile
Days Of Payables Outstanding12.879.03728.1966
Slightly volatile
Inventory Turnover8.267.8673.7524
Slightly volatile
Payables Turnover38.3740.3884177
Slightly volatile
Long Term Debt To Capitalization0.580.96010.4415
Slightly volatile
Cash Per Share0.00420.00454.0785
Pretty Stable
Total Debt To Capitalization0.650.9650.6614
Slightly volatile
Quick Ratio0.420.75650.5646
Pretty Stable
Net Income Per E B T2.72.57140.6613
Slightly volatile
Cash Ratio0.360.34510.4268
Slightly volatile
Cash Conversion Cycle44.0546.3734131
Slightly volatile
Days Of Inventory Outstanding44.0846.3966130
Slightly volatile
Days Of Sales Outstanding7.479.0148.6679
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.40.89171.2386
Slightly volatile
Current Ratio1.62.16211.8687
Pretty Stable
Fixed Asset Turnover6.193.13386.3798
Slightly volatile
Debt Ratio0.540.94840.5476
Slightly volatile
Price Sales RatioK986137
Slightly volatile
Receivables Turnover47.5440.492548.7188
Slightly volatile
Asset Turnover1.251.52331.3381
Slightly volatile

Carvana Fundamental Market Drivers

Cash And Short Term Investments896 M

Carvana Upcoming Events

22nd of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
22nd of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Carvana Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Carvana income statement, its balance sheet, and the statement of cash flows. Carvana investors use historical funamental indicators, such as Carvana's revenue or net income, to determine how well the company is positioned to perform in the future. Although Carvana investors may use each financial statement separately, they are all related. The changes in Carvana's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Carvana's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Carvana Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Carvana. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue30 M31.5 M
Total Revenue10.8 B5.5 B
Cost Of RevenueB4.8 B
Ebit Per Revenue(0.01)(0.01)

Carvana Investors Sentiment

The influence of Carvana's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Carvana. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Carvana's public news can be used to forecast risks associated with an investment in Carvana. The trend in average sentiment can be used to explain how an investor holding Carvana can time the market purely based on public headlines and social activities around Carvana Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Carvana's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Carvana's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Carvana's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Carvana.

Carvana Implied Volatility

    
  115.01  
Carvana's implied volatility exposes the market's sentiment of Carvana Co stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Carvana's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Carvana stock will not fluctuate a lot when Carvana's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Carvana in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Carvana's short interest history, or implied volatility extrapolated from Carvana options trading.

Pair Trading with Carvana

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Carvana position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Carvana will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Carvana could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carvana when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Carvana - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Carvana Co to buy it.
The correlation of Carvana is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Carvana moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carvana moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Carvana can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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 the analysis of Carvana Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Carvana's price analysis, check to measure Carvana'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 Carvana is operating at the current time. Most of Carvana's value examination focuses on studying past and present price action to predict the probability of Carvana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carvana's price. Additionally, you may evaluate how the addition of Carvana to your portfolios can decrease your overall portfolio volatility.
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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
98.525
Quarterly Revenue Growth
(0.15)
Return On Assets
(0.01)
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.