Carvana Interest Expense from 2010 to 2024
CVNA Stock | USD 121.67 5.17 4.44% |
Interest Expense | First Reported 2015-03-31 | Previous Quarter 165 M | Current Value 173 M | Quarterly Volatility 60.1 M |
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 Price To Sales Ratio of 0.51, Dividend Yield of 0.0051 or PTB Ratio of 16.82. Carvana financial statements analysis is a perfect complement when working with Carvana Valuation or Volatility modules.
Carvana | Interest Expense |
Latest Carvana's Interest Expense Growth Pattern
Below is the plot of the Interest Expense of Carvana Co over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Carvana's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Carvana's overall financial position and show how it may be relating to other accounts over time.
Interest Expense | 10 Years Trend |
|
Interest Expense |
Timeline |
Carvana Interest Expense Regression Statistics
Arithmetic Mean | 147,196,667 | |
Geometric Mean | 7,062,381 | |
Coefficient Of Variation | 163.05 | |
Mean Deviation | 182,508,444 | |
Median | 7,659,000 | |
Standard Deviation | 240,008,110 | |
Sample Variance | 57603.9T | |
Range | 663.5M | |
R-Value | 0.81 | |
Mean Square Error | 21526.7T | |
R-Squared | 0.65 | |
Significance | 0.0003 | |
Slope | 43,367,511 | |
Total Sum of Squares | 806454.5T |
Carvana Interest Expense History
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 Interest Expense, 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 Reported | Projected for Next Year | ||
Interest Expense | 632 M | 663.6 M |
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.Moving together with Carvana Stock
0.76 | W | Wayfair Trending | PairCorr |
0.83 | DIBS | 1StdibsCom Financial Report 8th of May 2024 | PairCorr |
0.74 | AN | AutoNation | PairCorr |
Moving against Carvana Stock
0.77 | ETSY | Etsy Inc | PairCorr |
0.75 | JL | J Long Group | PairCorr |
0.65 | VSCO | Victorias Secret Financial Report 29th of May 2024 | PairCorr |
0.64 | LL | LL Flooring Holdings | PairCorr |
0.62 | DXLG | Destination XL Group Financial Report 23rd of May 2024 | PairCorr |
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.Check out the analysis of Carvana Correlation against competitors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Carvana Stock analysis
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.
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Stocks Directory Find actively traded stocks across global markets | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Transaction History View history of all your transactions and understand their impact on performance | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |
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.