Cars Accounts Payable vs Deferred Long Term Liab Analysis

CARS Stock

USD 17.02 0.13 0.77%

Cars financial indicator trend analysis is way more than just evaluating Cars Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cars Inc is a good investment. Please check the relationship between Cars Accounts Payable and its Deferred Long Term Liab accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cars Inc. 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.

Accounts Payable vs Deferred Long Term Liab

Accounts Payable vs Deferred Long Term Liab Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cars Inc Accounts Payable account and Deferred Long Term Liab. At this time, the significance of the direction appears to have pay attention.

The correlation between Cars' Accounts Payable and Deferred Long Term Liab is -0.8. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Deferred Long Term Liab in the same time period over historical financial statements of Cars Inc, assuming nothing else is changed. The correlation between historical values of Cars' Accounts Payable and Deferred Long Term Liab is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Cars Inc are associated (or correlated) with its Deferred Long Term Liab. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Deferred Long Term Liab has no effect on the direction of Accounts Payable i.e., Cars' Accounts Payable and Deferred Long Term Liab go up and down completely randomly.

Correlation Coefficient

-0.8

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Cars obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Cars Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Deferred Long Term Liab

Liabilities that are due after more than one year, including deferred tax liabilities and deferred revenue.

Most indicators from Cars' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cars Inc 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 Cars Inc. 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.

At this time, Cars' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 16.61 in 2024, despite the fact that Tax Provision is likely to grow to (95.3 M).

	2021	2022	2023	2024 (projected)
Gross Profit	509.5M	538.9M	567.0M	537.4M
Total Revenue	623.7M	653.9M	689.2M	655.3M

Gross Profit Total Revenue

Cars fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Common Stock Shares Outstanding		0.45	-0.39	-0.08	0.58	0.25	0.33	-0.44	0.28	-0.39	-0.35	-0.38	0.44	-0.43	-0.38	-0.15	0.53	-0.38	0.56	0.54	-0.38	-0.45	-0.64	-0.41	0.39	0.47
Total Assets	0.45		-0.81	-0.01	0.95	0.66	0.4	-0.75	0.3	-0.55	-0.81	-0.84	1.0	-0.54	-0.84	0.05	0.98	-0.48	0.79	0.72	-0.48	-0.84	-0.82	-0.69	0.75	0.98
Other Current Liab	-0.39	-0.81		0.14	-0.91	-0.23	-0.76	0.95	-0.67	0.85	0.7	0.83	-0.82	0.39	0.83	0.09	-0.72	0.82	-0.83	-0.93	0.83	0.79	0.81	0.8	-0.81	-0.89
Total Current Liabilities	-0.08	-0.01	0.14		-0.01	0.08	0.1	-0.08	0.15	-0.11	0.54	-0.14	-0.02	0.44	-0.14	0.91	-0.06	-0.1	0.03	0.03	-0.04	0.03	0.24	0.33	0.44	-0.04
Total Stockholder Equity	0.58	0.95	-0.91	-0.01		0.44	0.65	-0.9	0.5	-0.76	-0.75	-0.88	0.95	-0.46	-0.88	0.04	0.91	-0.71	0.87	0.89	-0.72	-0.85	-0.85	-0.76	0.83	0.97
Other Liab	0.25	0.66	-0.23	0.08	0.44		-0.31	-0.1	-0.27	0.14	-0.57	-0.44	0.66	-0.46	-0.44	0.12	0.7	0.22	0.32	0.05	0.23	-0.48	-0.42	-0.27	0.33	0.6
Net Tangible Assets	0.33	0.4	-0.76	0.1	0.65	-0.31		-0.89	0.74	-0.98	-0.24	-0.62	0.41	0.12	-0.62	0.11	0.3	-0.99	0.62	0.9	-0.99	-0.54	-0.42	-0.54	0.69	0.5
Property Plant And Equipment Net	-0.44	-0.75	0.95	-0.08	-0.9	-0.1	-0.89		-0.7	0.96	0.54	0.81	-0.75	0.23	0.81	-0.08	-0.65	0.93	-0.86	-0.98	0.93	0.78	0.73	0.69	-0.88	-0.83
Current Deferred Revenue	0.28	0.3	-0.67	0.15	0.5	-0.27	0.74	-0.7		-0.74	-0.03	-0.48	0.3	-0.07	-0.48	0.09	0.22	-0.75	0.48	0.75	-0.74	-0.3	-0.43	-0.47	0.62	0.39
Net Debt	-0.39	-0.55	0.85	-0.11	-0.76	0.14	-0.98	0.96	-0.74		0.36	0.73	-0.55	-0.01	0.73	-0.13	-0.44	1.0	-0.72	-0.96	0.99	0.65	0.54	0.63	-0.8	-0.64
Accounts Payable	-0.35	-0.81	0.7	0.54	-0.75	-0.57	-0.24	0.54	-0.03	0.36		0.62	-0.82	0.61	0.62	0.44	-0.81	0.3	-0.59	-0.51	0.34	0.72	0.74	0.74	-0.36	-0.82
Cash	-0.38	-0.84	0.83	-0.14	-0.88	-0.44	-0.62	0.81	-0.48	0.73	0.62		-0.85	0.17	1.0	-0.19	-0.79	0.69	-0.59	-0.79	0.68	0.69	0.6	0.85	-0.85	-0.86
Non Current Assets Total	0.44	1.0	-0.82	-0.02	0.95	0.66	0.41	-0.75	0.3	-0.55	-0.82	-0.85		-0.54	-0.85	0.04	0.98	-0.49	0.79	0.72	-0.49	-0.84	-0.81	-0.71	0.75	0.98
Other Assets	-0.43	-0.54	0.39	0.44	-0.46	-0.46	0.12	0.23	-0.07	-0.01	0.61	0.17	-0.54		0.17	0.49	-0.57	-0.06	-0.52	-0.25	-0.03	0.31	0.82	0.34	-0.19	-0.56
Cash And Short Term Investments	-0.38	-0.84	0.83	-0.14	-0.88	-0.44	-0.62	0.81	-0.48	0.73	0.62	1.0	-0.85	0.17		-0.19	-0.79	0.69	-0.59	-0.79	0.68	0.69	0.6	0.85	-0.85	-0.86
Net Receivables	-0.15	0.05	0.09	0.91	0.04	0.12	0.11	-0.08	0.09	-0.13	0.44	-0.19	0.04	0.49	-0.19		0.02	-0.11	0.03	0.05	-0.05	-0.02	0.27	0.33	0.41	0.0
Good Will	0.53	0.98	-0.72	-0.06	0.91	0.7	0.3	-0.65	0.22	-0.44	-0.81	-0.79	0.98	-0.57	-0.79	0.02		-0.38	0.73	0.64	-0.39	-0.81	-0.79	-0.66	0.65	0.94
Non Current Liabilities Total	-0.38	-0.48	0.82	-0.1	-0.71	0.22	-0.99	0.93	-0.75	1.0	0.3	0.69	-0.49	-0.06	0.69	-0.11	-0.38		-0.67	-0.94	1.0	0.6	0.49	0.61	-0.75	-0.57
Other Current Assets	0.56	0.79	-0.83	0.03	0.87	0.32	0.62	-0.86	0.48	-0.72	-0.59	-0.59	0.79	-0.52	-0.59	0.03	0.73	-0.67		0.84	-0.67	-0.87	-0.87	-0.45	0.77	0.84
Other Stockholder Equity	0.54	0.72	-0.93	0.03	0.89	0.05	0.9	-0.98	0.75	-0.96	-0.51	-0.79	0.72	-0.25	-0.79	0.05	0.64	-0.94	0.84		-0.94	-0.73	-0.74	-0.71	0.84	0.79
Total Liab	-0.38	-0.48	0.83	-0.04	-0.72	0.23	-0.99	0.93	-0.74	0.99	0.34	0.68	-0.49	-0.03	0.68	-0.05	-0.39	1.0	-0.67	-0.94		0.6	0.51	0.63	-0.73	-0.58
Long Term Investments	-0.45	-0.84	0.79	0.03	-0.85	-0.48	-0.54	0.78	-0.3	0.65	0.72	0.69	-0.84	0.31	0.69	-0.02	-0.81	0.6	-0.87	-0.73	0.6		0.69	0.53	-0.67	-0.85
Property Plant And Equipment Gross	-0.64	-0.82	0.81	0.24	-0.85	-0.42	-0.42	0.73	-0.43	0.54	0.74	0.6	-0.81	0.82	0.6	0.27	-0.79	0.49	-0.87	-0.74	0.51	0.69		0.64	-0.65	-0.87
Total Current Assets	-0.41	-0.69	0.8	0.33	-0.76	-0.27	-0.54	0.69	-0.47	0.63	0.74	0.85	-0.71	0.34	0.85	0.33	-0.66	0.61	-0.45	-0.71	0.63	0.53	0.64		-0.57	-0.74
Short Term Debt	0.39	0.75	-0.81	0.44	0.83	0.33	0.69	-0.88	0.62	-0.8	-0.36	-0.85	0.75	-0.19	-0.85	0.41	0.65	-0.75	0.77	0.84	-0.73	-0.67	-0.65	-0.57		0.81
Intangible Assets	0.47	0.98	-0.89	-0.04	0.97	0.6	0.5	-0.83	0.39	-0.64	-0.82	-0.86	0.98	-0.56	-0.86	0.0	0.94	-0.57	0.84	0.79	-0.58	-0.85	-0.87	-0.74	0.81

Click cells to compare fundamentals

Cars Account Relationship Matchups

Cars fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	67.0M	67.2M	71.3M	69.6M	68.2M	56.2M
Total Assets	2.0B	1.1B	1.0B	1.0B	1.2B	1.5B
Other Current Liab	55.0M	66.1M	69.9M	73.6M	100.4M	56.3M
Total Current Liabilities	98.8M	90.4M	94.3M	106.0M	145.7M	111.8M
Total Stockholder Equity	1.1B	340.2M	366.9M	384.4M	492.1M	467.5M
Other Liab	137.2M	34.6M	88.6M	49.6M	44.7M	84.7M
Net Tangible Assets	(694.3M)	(495.0M)	(428.7M)	(425.5M)	(383.0M)	(402.1M)
Property Plant And Equipment Net	43.7M	41.3M	43.0M	45.2M	43.9M	39.2M
Net Debt	629.1M	516.2M	427.3M	440.7M	444.1M	404.0M
Accounts Payable	12.4M	16.5M	15.4M	18.2M	22.3M	14.4M
Cash	13.5M	67.7M	39.1M	31.7M	39.2M	27.1M
Non Current Assets Total	1.9B	897.6M	859.8M	876.2M	994.0M	1.4B
Other Assets	171K	68K	6.5M	7.4M	8.5M	8.9M
Cash And Short Term Investments	13.5M	67.7M	39.1M	31.7M	39.2M	27.1M
Net Receivables	101.8M	93.6M	98.9M	107.9M	125.4M	114.0M
Good Will	505.9M	0.0	26.2M	102.9M	147.1M	139.7M
Liabilities And Stockholders Equity	2.0B	1.1B	1.0B	1.0B	1.2B	1.5B
Non Current Liabilities Total	788.1M	645.2M	546.0M	534.4M	534.6M	540.5M
Other Current Assets	603K	10.2M	1.7M	605K	1.3M	1.2M
Other Stockholder Equity	1.5B	1.5B	1.5B	1.5B	1.5B	1.4B
Total Liab	886.9M	735.5M	640.3M	640.4M	680.3M	652.3M
Long Term Investments	26.5M	21.1M	21.1M	21.1M	24.2M	17.5M
Property Plant And Equipment Gross	43.7M	41.3M	100.4M	115.0M	131.6M	138.2M
Total Current Assets	122.4M	178.1M	147.4M	148.6M	178.4M	156.1M
Accumulated Other Comprehensive Income	(7.6M)	(6.8M)	(2.0M)	951K	1.1M	1.1M
Short Term Debt	31.4M	7.8M	8.9M	14.1M	23.1M	22.1M
Intangible Assets	1.3B	835.2M	769.4M	707.1M	669.2M	985.4M
Common Stock	668K	674K	692K	662K	659K	626.1K
Property Plant Equipment	60.6M	41.3M	43.0M	45.2M	52.0M	40.2M
Non Currrent Assets Other	(26.9M)	(68K)	(60K)	(48K)	21.0M	19.9M
Non Current Liabilities Other	43.8M	38.2M	57.5M	76.2M	65.7M	44.0M
Short Long Term Debt Total	642.7M	583.9M	466.3M	472.4M	483.2M	447.9M
Retained Earnings	(367.1M)	(1.2B)	(1.2B)	(1.1B)	(1.0B)	(1.1B)
Long Term Debt	611.3M	576.1M	457.4M	458.2M	460.1M	432.6M
Common Stock Total Equity	668K	674K	692K	662K	595.8K	546K
Retained Earnings Total Equity	(367.1M)	(1.2B)	(1.2B)	(1.1B)	(1.0B)	(964.6M)
Long Term Debt Total	611.3M	576.1M	457.4M	458.2M	412.4M	443.4M
Capital Surpluse	1.5B	1.5B	1.5B	1.5B	1.7B	1.7B
Inventory	6.5M	6.5M	7.8M	8.4M	12.6M	9.8M

Pair Trading with Cars

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 Cars 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 Cars will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cars Stock

0.76

LMPX

Lmp Automotive Holdings

Pair Corr

Moving against Cars Stock

0.71	BZ	Kanzhun Ltd ADR Financial Report 22nd of May 2024	Pair Corr
0.7	IQ	iQIYI Inc Financial Report 21st of May 2024	Pair Corr
0.65	CURIW	CuriosityStream	Pair Corr
0.6	SE	Sea Financial Report 21st of May 2024	Pair Corr
0.56	SY	So Young International	Pair Corr

The ability to find closely correlated positions to Cars could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cars 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 Cars - 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 Cars Inc to buy it.

The correlation of Cars 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 Cars moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cars Inc 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 Cars 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 Correlation Correlation Matching

When determining whether Cars Inc is a strong investment it is important to analyze Cars' 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 Cars' future performance. For an informed investment choice regarding Cars Stock, refer to the following important reports:

How To Invest In Cars

Details

Is Cars Stock a good investment?

Details

What is Cars' Net Worth?

Details

Largest Interactive Media & Services Companies

View

Largest Auto & Truck Dealerships Companies

View

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cars Inc. 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.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for Cars Stock analysis

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

	Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk
	Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities
	Stocks Directory Find actively traded stocks across global markets
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market.
	Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities
	Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes

Is Cars' 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 Cars. If investors know Cars 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 Cars 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

(0.17)

Earnings Share

1.74

Revenue Per Share

10.326

Quarterly Revenue Growth

0.068

Return On Assets

0.0316

The market value of Cars Inc is measured differently than its book value, which is the value of Cars that is recorded on the company's balance sheet. Investors also form their own opinion of Cars' value that differs from its market value or its book value, called intrinsic value, which is Cars' 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 Cars' market value can be influenced by many factors that don't directly affect Cars' 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 Cars' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cars is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cars' 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Cars Accounts Payable vs Deferred Long Term Liab Analysis

Accounts Payable vs Deferred Long Term Liab

Accounts Payable vs Deferred Long Term Liab Correlation Analysis

Correlation Coefficient

Accounts Payable

Deferred Long Term Liab

Cars fundamental ratios Correlations

Cars Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Cars fundamental ratios Accounts

Pair Trading with Cars

Moving together with Cars Stock

Moving against Cars Stock

Complementary Tools for Cars Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Net Debt
Cash And Short Term Investments	+ 1.0	Cash
Total Liab	+ 1.0	Non Current Liabilities Total
Total Liab	+ 0.99	Net Debt
Good Will	+ 0.98	Total Assets

Total Liab	- 0.99	Net Tangible Assets
Non Current Liabilities Total	- 0.99	Net Tangible Assets
Other Stockholder Equity	- 0.98	Property Plant And Equipment Net
Net Debt	- 0.98	Net Tangible Assets
Other Stockholder Equity	- 0.96	Net Debt
Total Liab	- 0.94	Other Stockholder Equity