Copart Historical Balance Sheet

CPRT Stock

USD 55.20 0.80 1.47%

Trend analysis of Copart Inc balance sheet accounts such as Short Long Term Debt Total of 245.5 M, Other Current Liabilities of 9.5 M or Total Current Liabilities of 595 M provides information on Copart's total assets, liabilities, and equity, which is the actual value of Copart Inc to its prevalent stockholders. By breaking down trends over time using Copart balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Covid

Financial Statement Analysis is much more than just reviewing and examining Copart Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Copart Inc is a good buy for the upcoming year.

Copart Inventory

48.27 Million

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

About Copart Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Copart Inc at a specified time, usually calculated after every quarter, six months, or one year. Copart Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Copart and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Copart currently owns. An asset can also be divided into two categories, current and non-current.

Copart Balance Sheet Chart

Copart Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Copart Inc uses and utilizes its capital. It also shows what exactly a company owns and owes.

At this time, Copart's Cash is comparatively stable compared to the past year. Non Current Assets Total is likely to gain to about 4.2 B in 2024, whereas Intangible Assets are likely to drop slightly above 40.7 M in 2024.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

Add Fundamental

Total Assets

Total assets refers to the total amount of Copart assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Copart Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Copart balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Copart Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Copart's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Copart Inc current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Copart 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.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	119.5M	120.5M	138.5M	245.5M
Total Assets	5.3B	6.7B	7.7B	8.1B

Short Long Term Debt Total Total Assets

Copart balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Inventory	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		-0.4	0.25	0.96	1.0	0.99	-0.83	0.99	0.97	0.9	0.99	0.84	0.97	0.99	-0.1	-0.18	0.34	0.98	0.51	0.99	-0.39	0.48	0.82	0.99	-0.36	-0.36
Short Long Term Debt Total	-0.4		-0.3	-0.19	-0.47	-0.35	0.66	-0.49	-0.27	-0.37	-0.32	-0.17	-0.49	-0.33	0.56	0.93	-0.02	-0.28	0.57	-0.46	0.5	-0.2	-0.41	-0.35	-0.49	-0.49
Other Current Liab	0.25	-0.3		0.25	0.26	0.27	-0.59	0.26	0.26	0.55	0.27	0.12	0.19	0.28	0.05	-0.21	0.6	0.26	0.0	0.22	-0.11	0.16	0.53	0.27	-0.12	-0.12
Total Current Liabilities	0.96	-0.19	0.25		0.94	0.96	-0.72	0.93	0.98	0.85	0.98	0.88	0.89	0.97	0.09	0.02	0.38	0.99	0.68	0.92	-0.22	0.49	0.8	0.96	-0.57	-0.57
Total Stockholder Equity	1.0	-0.47	0.26	0.94		0.98	-0.86	1.0	0.95	0.9	0.97	0.82	0.98	0.97	-0.15	-0.26	0.32	0.97	0.43	0.99	-0.41	0.47	0.83	0.98	-0.29	-0.29
Property Plant And Equipment Net	0.99	-0.35	0.27	0.96	0.98		-0.83	0.97	0.99	0.91	1.0	0.81	0.93	0.98	-0.09	-0.11	0.46	0.99	0.57	0.95	-0.43	0.51	0.84	1.0	-0.39	-0.39
Net Debt	-0.83	0.66	-0.59	-0.72	-0.86	-0.83		-0.86	-0.77	-0.94	-0.81	-0.56	-0.83	-0.8	0.25	0.44	-0.5	-0.78	-0.15	-0.83	0.51	-0.41	-0.86	-0.83	0.06	0.06
Retained Earnings	0.99	-0.49	0.26	0.93	1.0	0.97	-0.86		0.95	0.9	0.97	0.82	0.98	0.97	-0.17	-0.28	0.31	0.96	0.41	0.99	-0.42	0.46	0.82	0.97	-0.27	-0.27
Accounts Payable	0.97	-0.27	0.26	0.98	0.95	0.99	-0.77	0.95		0.88	0.99	0.83	0.89	0.99	-0.04	-0.02	0.45	0.99	0.64	0.93	-0.42	0.57	0.81	0.98	-0.47	-0.47
Cash	0.9	-0.37	0.55	0.85	0.9	0.91	-0.94	0.9	0.88		0.9	0.68	0.86	0.88	-0.08	-0.14	0.55	0.88	0.46	0.88	-0.4	0.41	0.88	0.91	-0.29	-0.29
Non Current Assets Total	0.99	-0.32	0.27	0.98	0.97	1.0	-0.81	0.97	0.99	0.9		0.83	0.92	0.98	-0.05	-0.08	0.46	1.0	0.6	0.95	-0.4	0.52	0.84	1.0	-0.43	-0.43
Non Currrent Assets Other	0.84	-0.17	0.12	0.88	0.82	0.81	-0.56	0.82	0.83	0.68	0.83		0.81	0.85	0.24	-0.03	0.17	0.87	0.57	0.83	-0.07	0.29	0.58	0.81	-0.59	-0.59
Cash And Short Term Investments	0.97	-0.49	0.19	0.89	0.98	0.93	-0.83	0.98	0.89	0.86	0.92	0.81		0.93	-0.18	-0.32	0.16	0.92	0.37	1.0	-0.35	0.37	0.77	0.93	-0.22	-0.22
Net Receivables	0.99	-0.33	0.28	0.97	0.97	0.98	-0.8	0.97	0.99	0.88	0.98	0.85	0.93		-0.07	-0.11	0.37	0.99	0.57	0.96	-0.39	0.55	0.81	0.98	-0.43	-0.43
Common Stock Shares Outstanding	-0.1	0.56	0.05	0.09	-0.15	-0.09	0.25	-0.17	-0.04	-0.08	-0.05	0.24	-0.18	-0.07		0.5	0.04	0.02	0.42	-0.15	0.59	-0.3	0.03	-0.1	-0.8	-0.8
Non Current Liabilities Total	-0.18	0.93	-0.21	0.02	-0.26	-0.11	0.44	-0.28	-0.02	-0.14	-0.08	-0.03	-0.32	-0.11	0.5		0.22	-0.05	0.74	-0.27	0.26	0.03	-0.22	-0.11	-0.58	-0.58
Other Current Assets	0.34	-0.02	0.6	0.38	0.32	0.46	-0.5	0.31	0.45	0.55	0.46	0.17	0.16	0.37	0.04	0.22		0.42	0.4	0.22	-0.42	0.34	0.56	0.46	-0.27	-0.27
Other Stockholder Equity	0.98	-0.28	0.26	0.99	0.97	0.99	-0.78	0.96	0.99	0.88	1.0	0.87	0.92	0.99	0.02	-0.05	0.42		0.62	0.95	-0.36	0.51	0.82	0.99	-0.5	-0.5
Total Liab	0.51	0.57	0.0	0.68	0.43	0.57	-0.15	0.41	0.64	0.46	0.6	0.57	0.37	0.57	0.42	0.74	0.4	0.62		0.42	0.04	0.33	0.37	0.56	-0.8	-0.8
Total Current Assets	0.99	-0.46	0.22	0.92	0.99	0.95	-0.83	0.99	0.93	0.88	0.95	0.83	1.0	0.96	-0.15	-0.27	0.22	0.95	0.42		-0.37	0.42	0.79	0.95	-0.27	-0.27
Short Term Debt	-0.39	0.5	-0.11	-0.22	-0.41	-0.43	0.51	-0.42	-0.42	-0.4	-0.4	-0.07	-0.35	-0.39	0.59	0.26	-0.42	-0.36	0.04	-0.37		-0.51	-0.28	-0.43	-0.33	-0.33
Intangible Assets	0.48	-0.2	0.16	0.49	0.47	0.51	-0.41	0.46	0.57	0.41	0.52	0.29	0.37	0.55	-0.3	0.03	0.34	0.51	0.33	0.42	-0.51		0.31	0.51	-0.15	-0.15
Inventory	0.82	-0.41	0.53	0.8	0.83	0.84	-0.86	0.82	0.81	0.88	0.84	0.58	0.77	0.81	0.03	-0.22	0.56	0.82	0.37	0.79	-0.28	0.31		0.84	-0.36	-0.36
Property Plant And Equipment Gross	0.99	-0.35	0.27	0.96	0.98	1.0	-0.83	0.97	0.98	0.91	1.0	0.81	0.93	0.98	-0.1	-0.11	0.46	0.99	0.56	0.95	-0.43	0.51	0.84		-0.38	-0.38
Common Stock Total Equity	-0.36	-0.49	-0.12	-0.57	-0.29	-0.39	0.06	-0.27	-0.47	-0.29	-0.43	-0.59	-0.22	-0.43	-0.8	-0.58	-0.27	-0.5	-0.8	-0.27	-0.33	-0.15	-0.36	-0.38		1.0
Common Stock	-0.36	-0.49	-0.12	-0.57	-0.29	-0.39	0.06	-0.27	-0.47	-0.29	-0.43	-0.59	-0.22	-0.43	-0.8	-0.58	-0.27	-0.5	-0.8	-0.27	-0.33	-0.15	-0.36	-0.38	1.0

Click cells to compare fundamentals

Copart Account Relationship Matchups

Copart balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	4.6B	5.3B	6.7B	7.7B	8.1B
Short Long Term Debt Total	518.2M	518.1M	119.5M	120.5M	138.5M	245.5M
Other Current Liab	3.7M	7.8M	89.9M	4.4M	5.0M	9.5M
Total Current Liabilities	356.0M	421.0M	440.9M	492.8M	566.7M	595.0M
Total Stockholder Equity	2.5B	3.5B	4.6B	6.0B	6.9B	7.2B
Property Plant And Equipment Net	2.1B	2.4B	2.6B	3.0B	3.4B	3.6B
Net Debt	40.5M	(530.2M)	(1.3B)	(836.9M)	(753.2M)	(715.6M)
Retained Earnings	1.9B	2.9B	4.0B	5.2B	6.0B	6.3B
Accounts Payable	318.5M	369.8M	399.0M	440.8M	506.9M	532.3M
Cash	477.7M	1.0B	1.4B	957.4M	1.1B	1.2B
Non Current Assets Total	2.5B	2.9B	3.1B	3.5B	4.0B	4.2B
Non Currrent Assets Other	39.7M	41.8M	47.7M	65.8M	75.7M	79.5M
Cash And Short Term Investments	477.7M	1.0B	1.4B	2.4B	2.7B	2.9B
Net Receivables	376.9M	500.6M	628.5M	708.6M	814.9M	855.6M
Common Stock Shares Outstanding	954.6M	961.2M	964.6M	966.6M	870.0M	949.9M
Liabilities And Stockholders Equity	3.5B	4.6B	5.3B	6.7B	7.7B	8.1B
Non Current Liabilities Total	609.7M	611.9M	242.4M	257.7M	296.3M	221.1M
Other Current Assets	89.0M	108.7M	131.0M	26.3M	30.3M	35.0M
Other Stockholder Equity	672.7M	761.8M	838.5M	938.9M	1.1B	1.1B
Total Liab	965.7M	1.0B	683.3M	750.4M	863.0M	906.2M
Total Current Assets	963.8M	1.7B	2.2B	3.3B	3.8B	3.9B
Short Term Debt	25.6M	22.5M	21.8M	21.5M	24.7M	25.5M
Intangible Assets	47.8M	45.9M	54.7M	62.7M	56.4M	40.7M
Inventory	20.1M	45.0M	58.8M	40.0M	46.0M	48.3M
Property Plant And Equipment Gross	2.1B	2.4B	2.6B	3.0B	3.4B	3.6B
Accumulated Other Comprehensive Income	(121.1M)	(100.9M)	(169.4M)	(141.0M)	(126.9M)	(120.6M)
Other Liab	117.1M	116.3M	144.7M	158.7M	182.5M	191.6M
Other Assets	39.9M	41.8M	47.7M	65.8M	75.7M	48.0M
Long Term Debt	397.0M	397.6M	2.0M	10.9M	12.5M	11.9M
Property Plant Equipment	2.0B	2.4B	2.6B	2.9B	3.4B	3.5B
Current Deferred Revenue	8.2M	21.0M	20.1M	26.1M	30.0M	31.5M
Good Will	343.6M	355.7M	402.0M	394.3M	354.9M	337.1M
Net Tangible Assets	2.1B	3.1B	4.2B	5.5B	6.3B	6.6B
Retained Earnings Total Equity	1.2B	1.3B	1.9B	4.0B	4.5B	4.8B
Long Term Debt Total	398.7M	400.1M	397.0M	2.0M	1.8M	1.7M
Deferred Long Term Liab	19.7M	48.7M	71.7M	80.1M	92.1M	96.7M
Non Current Liabilities Other	30.9M	38.5M	430K	160.3M	184.4M	193.6M

Pair Trading with Copart

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

Moving together with Copart Stock

0.72

NL Industries

Pair Corr

Moving against Copart Stock

0.72	AZ	A2Z Smart Technologies	Pair Corr
0.66	LNZA	LanzaTech Global Financial Report 20th of May 2024	Pair Corr
0.65	HDSN	Hudson Technologies	Pair Corr
0.61	BA	Boeing Financial Report 24th of July 2024	Pair Corr
0.56	ACU	Acme United	Pair Corr

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

The correlation of Copart 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 Copart moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Copart 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 Copart 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 Copart Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Copart Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Copart Inc Stock. Highlighted below are key reports to facilitate an investment decision about Copart Inc Stock:

How To Invest In Copart

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Is Copart Stock a good investment?

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What is Copart's Net Worth?

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You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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

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Is Copart'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 Copart. If investors know Copart 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 Copart 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

0.1

Earnings Share

1.4

Revenue Per Share

4.242

Quarterly Revenue Growth

0.066

Return On Assets

0.1465

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

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

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Copart Historical Balance Sheet

Copart Inventory

48.27 Million

About Copart Balance Sheet Analysis

Copart Balance Sheet Chart

Total Assets

Total Current Liabilities

Copart balance sheet Correlations

Copart Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Copart balance sheet Accounts

Pair Trading with Copart

Moving together with Copart Stock

Moving against Copart Stock

Complementary Tools for Copart Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 1.0	Total Assets
Retained Earnings	+ 1.0	Total Stockholder Equity
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Other Stockholder Equity	+ 1.0	Non Current Assets Total
Property Plant And Equipment Gross	+ 1.0	Non Current Assets Total

Cash	- 0.94	Net Debt
Inventory	- 0.86	Net Debt
Retained Earnings	- 0.86	Net Debt
Net Debt	- 0.86	Total Stockholder Equity
Property Plant And Equipment Gross	- 0.83	Net Debt
Total Current Assets	- 0.83	Net Debt