Carvana Consolidated Income vs Weighted Average Shares Analysis

CVNA Stock  USD 90.31  0.50  0.55%   
Trend analysis of Carvana Co balance sheet accounts such as Total Current Liabilities of 1 B, Total Stockholder Equity of 255.2 M or Accounts Payable of 116.4 M provides information on Carvana's total assets, liabilities, and equity, which is the actual value of Carvana to its prevalent stockholders. By breaking down trends over time using Carvana 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.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About Carvana Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Carvana at a specified time, usually calculated after every quarter, six months, or one year. Carvana Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Carvana 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 Carvana currently owns. An asset can also be divided into two categories, current and non-current.

Carvana Balance Sheet Chart

Carvana 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 Carvana uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, Carvana's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 255.2 M, whereas Total Current Liabilities is forecasted to decline to about 1 B.

Total Assets

Total assets refers to the total amount of Carvana 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 Carvana 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 Carvana balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Carvana Co 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.

Accounts Payable

An accounting item on the balance sheet that represents Carvana 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 Carvana 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.
Most indicators from Carvana's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carvana 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 Carvana Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At present, Carvana's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 588.3 M, whereas Selling General Administrative is forecasted to decline to about 812.9 M.
 2021 2022 2023 2024 (projected)
Interest Expense176M486M632M663.6M
Depreciation And Amortization105M261M352M369.6M

Carvana fundamental ratios Correlations

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-0.55-0.5-0.080.08-0.65-0.56-0.53-0.49-0.51-0.49-0.52-0.45-0.54-0.46-0.5-0.52-0.50.73-0.52-0.510.41-0.52-0.490.79-0.57
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Click cells to compare fundamentals

Carvana Account Relationship Matchups

Carvana fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.1B3.0B7.0B8.7B7.1B7.4B
Total Current Liabilities864.9M467.1M2.9B2.6B1.5B1.0B
Total Stockholder Equity98.1M387.6M306M(518M)243M255.2M
Net Tangible Assets81.5M372.6M293M(588M)(529.2M)(502.7M)
Accounts Payable234.4M66.5M141M216M224M116.4M
Cash76.0M300.8M403M434M530M556.5M
Net Receivables39.9M85.0M206M253M266M279.3M
Common Stock Shares Outstanding46.8M65.0M82.8M100.8M200.6M210.6M
Inventory762.7M1.0B3.1B1.9B1.2B978.3M
Other Current Assets151.4M197.9M545M503M138M174.4M
Total Liab1.9B2.2B6.5B9.8B7.5B7.8B
Short Long Term Debt617.6M105.3M2.2B1.7B857M682.9M
Total Current Assets1.4B1.9B4.9B4.6B3.3B1.9B
Short Term Debt617.6M108.8M2.2B1.7B857M683.3M
Common Stock133K145K152K173K155.7K147.9K
Property Plant Equipment666.9M1.1B1.9B3.8B4.3B4.6B
Short Long Term Debt Total1.6B1.9B5.8B8.8B6.7B7.0B
Other Current Liab6.5M275.0M510M618M425M246.9M
Other Liab1.8M1.4M31M78M70.2M44.7M
Property Plant And Equipment Net666.9M1.1B1.9B3.8B3.4B3.6B
Net Debt1.5B1.6B5.4B8.4B6.2B6.5B
Retained Earnings(183.0M)(354.2M)(489M)(2.1B)(1.6B)(1.5B)
Non Current Assets Total698.3M1.1B2.1B4.1B3.8B3.9B
Cash And Short Term Investments76.0M300.8M403M434M896M940.8M
Common Stock Total Equity133K145K152K173K155.7K147.9K
Liabilities And Stockholders Equity2.1B3.0B7.0B8.7B7.1B3.7B
Non Current Liabilities Total1.0B1.8B3.6B7.2B5.9B6.2B
Other Stockholder Equity281.0M741.6M795M1.6B1.9B2.0B
Property Plant And Equipment Gross666.9M1.1B1.9B3.8B4.2B4.4B
Non Currrent Assets Other14.9M31.8M181M254M261M274.1M
Long Term Debt883.1M1.6B3.2B6.6B5.4B5.7B
Long Term Debt Total883.1M1.6B3.2B6.6B7.6B7.9B
Non Current Liabilities Other1.8M148.9M392M78M70M97.1M
Current Deferred Revenue6.4M16.9M34M23M30M31.5M
Noncontrolling Interest In Consolidated Entity93.8M413.9M219M(535M)(481.5M)(457.4M)
Other Assets14.9M187.2M181M254M292.1M306.7M

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.

Moving together with Carvana Stock

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Moving against Carvana Stock

  0.74FNKO Funko Inc Financial Report 2nd of May 2024 PairCorr
  0.68BQ Boqii Holding LimitedPairCorr
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  0.52DLTH Duluth Holdings Financial Report 6th of June 2024 PairCorr
  0.49WEYS Weyco GroupPairCorr
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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.