CarGurus Total Liab vs Retained Earnings Analysis
CARG Stock | USD 23.78 0.02 0.08% |
CarGurus financial indicator trend analysis is way more than just evaluating CarGurus prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CarGurus is a good investment. Please check the relationship between CarGurus Total Liab and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.
Total Liab vs Retained Earnings
Total Liab vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarGurus Total Liab account and Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between CarGurus' Total Liab and Retained Earnings is 0.89. Overlapping area represents the amount of variation of Total Liab that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of CarGurus, assuming nothing else is changed. The correlation between historical values of CarGurus' Total Liab and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Liab of CarGurus are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Total Liab i.e., CarGurus' Total Liab and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.89 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from CarGurus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CarGurus 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 CarGurus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.The CarGurus' current Tax Provision is estimated to increase to about 34.4 M. The CarGurus' current Selling General Administrative is estimated to increase to about 160.4 M
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 40.5M | 45.3M | 48.5M | 50.9M | Interest Income | 120K | 3.8M | 15.7M | 16.5M |
CarGurus fundamental ratios Correlations
Click cells to compare fundamentals
CarGurus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CarGurus fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 393.6M | 502.3M | 931.6M | 927.1M | 918.9M | 525.1M | |
Other Current Liab | 18.3M | 24.8M | 78.6M | 39.2M | 33.7M | 29.7M | |
Total Current Liabilities | 73.8M | 66.5M | 170.7M | 98.7M | 115.2M | 82.7M | |
Total Stockholder Equity | 256.9M | 373.6M | 516.8M | 734.6M | 616.9M | 359.6M | |
Other Liab | 2.2M | 3.4M | 23.7M | 5.4M | 6.2M | 8.6M | |
Net Tangible Assets | 237.7M | 333.6M | 437.4M | 560.8M | 645.0M | 677.2M | |
Property Plant And Equipment Net | 87.9M | 88.3M | 92.8M | 97.0M | 253.1M | 265.7M | |
Current Deferred Revenue | 10.0M | 9.1M | 12.8M | 12.2M | 21.3M | 22.4M | |
Net Debt | 9.7M | (120.4M) | (161.2M) | (403.1M) | (97.0M) | (101.8M) | |
Retained Earnings | 51.9M | 129.4M | 129.3M | 323.0M | 354.1M | 371.9M | |
Accounts Payable | 36.7M | 21.6M | 66.2M | 32.5M | 47.9M | 35.4M | |
Cash | 59.9M | 190.3M | 231.9M | 469.5M | 291.4M | 178.0M | |
Non Current Assets Total | 174.7M | 170.3M | 368.5M | 369.7M | 527.7M | 554.1M | |
Non Currrent Assets Other | 14.4M | 13.1M | 14.2M | 17.4M | 7.4M | 10.0M | |
Other Assets | 67.6M | 102.8M | 33.4M | 62.2M | 71.6M | 44.2M | |
Cash And Short Term Investments | 171.6M | 290.3M | 321.9M | 469.5M | 312.1M | 244.0M | |
Net Receivables | 22.1M | 18.2M | 189.3M | 46.8M | 40.0M | 43.4M | |
Common Stock Total Equity | 111K | 112K | 113K | 118K | 135.7K | 105.2K | |
Common Stock Shares Outstanding | 113.4M | 113.8M | 117.1M | 128.2M | 114.2M | 119.1M | |
Short Term Investments | 111.7M | 100M | 90M | 0.0 | 20.7M | 19.7M | |
Liabilities And Stockholders Equity | 393.6M | 502.3M | 931.6M | 927.1M | 918.9M | 525.1M | |
Non Current Liabilities Total | 63.0M | 62.2M | 81.2M | 57.0M | 186.9M | 196.2M | |
Capital Surpluse | 205.2M | 242.2M | 387.9M | 413.1M | 475.1M | 498.8M | |
Other Current Assets | 5.0M | 123.4M | 32.2M | 22.0M | 25.2M | 28.0M | |
Other Stockholder Equity | 205.2M | 242.2M | 387.9M | 413.1M | 263.5M | 209.1M | |
Total Liab | 136.8M | 128.7M | 251.9M | 155.7M | 302.1M | 317.2M | |
Deferred Long Term Liab | 10.5M | 291K | 58K | 54K | 48.6K | 46.2K | |
Property Plant And Equipment Gross | 87.9M | 88.3M | 92.8M | 97.0M | 312.0M | 327.6M | |
Total Current Assets | 219.0M | 332.0M | 563.1M | 557.4M | 391.2M | 314.0M | |
Accumulated Other Comprehensive Income | (350K) | 1.9M | (403K) | (1.6M) | (901K) | (856.0K) | |
Common Stock | 111K | 112K | 113K | 118K | 108K | 106.7K | |
Property Plant Equipment | 87.9M | 27.5M | 32.2M | 40.1M | 46.1M | 34.2M | |
Non Current Liabilities Other | 1.9M | 61.9M | 81.2M | 57.0M | 4.7M | 4.5M | |
Retained Earnings Total Equity | 51.9M | 129.4M | 129.3M | 323.0M | 371.5M | 390.1M | |
Inventory | 20.2M | (100M) | 19.7M | 5.3M | 331K | 347.6K | |
Net Invested Capital | 256.9M | 373.6M | 516.8M | 734.6M | 616.9M | 443.1M | |
Net Working Capital | 145.2M | 265.4M | 392.4M | 458.6M | 276.0M | 280.2M |
Currently Active Assets on Macroaxis
When determining whether CarGurus is a strong investment it is important to analyze CarGurus' 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 CarGurus' future performance. For an informed investment choice regarding CarGurus Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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When running CarGurus' price analysis, check to measure CarGurus' 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 CarGurus is operating at the current time. Most of CarGurus' value examination focuses on studying past and present price action to predict the probability of CarGurus' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarGurus' price. Additionally, you may evaluate how the addition of CarGurus to your portfolios can decrease your overall portfolio volatility.
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Is CarGurus' 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 CarGurus. If investors know CarGurus 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 CarGurus 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 0.942 | Earnings Share 0.29 | Revenue Per Share 8.077 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0293 |
The market value of CarGurus is measured differently than its book value, which is the value of CarGurus that is recorded on the company's balance sheet. Investors also form their own opinion of CarGurus' value that differs from its market value or its book value, called intrinsic value, which is CarGurus' 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 CarGurus' market value can be influenced by many factors that don't directly affect CarGurus' 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 CarGurus' value and its price as these two are different measures arrived at by different means. Investors typically determine if CarGurus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarGurus' 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.