CarPartsCom Capital Expenditures vs Change In Cash Analysis
PRTS Stock | USD 1.06 0.02 1.85% |
CarPartsCom financial indicator trend analysis is way more than just evaluating CarPartsCom prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CarPartsCom is a good investment. Please check the relationship between CarPartsCom Capital Expenditures and its Change In Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in CarPartsCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy CarPartsCom Stock please use our How to Invest in CarPartsCom guide.
Capital Expenditures vs Change In Cash
Capital Expenditures vs Change In Cash Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarPartsCom Capital Expenditures account and Change In Cash. At this time, the significance of the direction appears to have no relationship.
The correlation between CarPartsCom's Capital Expenditures and Change In Cash is 0.06. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Change In Cash in the same time period over historical financial statements of CarPartsCom, assuming nothing else is changed. The correlation between historical values of CarPartsCom's Capital Expenditures and Change In Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of CarPartsCom are associated (or correlated) with its Change In Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change In Cash has no effect on the direction of Capital Expenditures i.e., CarPartsCom's Capital Expenditures and Change In Cash go up and down completely randomly.
Correlation Coefficient | 0.06 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Capital Expenditures
Capital Expenditures are funds used by CarPartsCom to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of CarPartsCom operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Change In Cash
Most indicators from CarPartsCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CarPartsCom 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in CarPartsCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy CarPartsCom Stock please use our How to Invest in CarPartsCom guide.At this time, CarPartsCom's Selling General Administrative is comparatively stable compared to the past year. Tax Provision is likely to gain to about 955.5 K in 2024, whereas Discontinued Operations is likely to drop (675 K) in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 582.4M | 661.6M | 675.7M | 709.5M | Interest Expense | 1.1M | 1.4M | 1.4M | 1.8M |
CarPartsCom fundamental ratios Correlations
Click cells to compare fundamentals
CarPartsCom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CarPartsCom fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 87.9M | 187.0M | 235.3M | 238.4M | 257.9M | 270.7M | |
Total Stockholder Equity | 12.4M | 83.5M | 95.6M | 110.1M | 112.8M | 118.5M | |
Net Debt | 13.6M | (4.2M) | 28.2M | 27.9M | (12.8M) | (12.2M) | |
Cash | 2.3M | 35.8M | 18.1M | 18.8M | 51.0M | 53.5M | |
Non Current Assets Total | 25.6M | 47.6M | 66.7M | 70.5M | 64.5M | 40.5M | |
Non Currrent Assets Other | 2.4M | 2.9M | 2.2M | 2.5M | 3.3M | 3.5M | |
Other Assets | 2.4M | 2.9M | 2.2M | 2.5M | 2.9M | 5.2M | |
Cash And Short Term Investments | 2.3M | 35.8M | 18.1M | 18.8M | 51.0M | 53.5M | |
Common Stock Shares Outstanding | 35.7M | 42.3M | 51.4M | 54.1M | 56.6M | 34.0M | |
Liabilities And Stockholders Equity | 87.9M | 187.0M | 235.3M | 238.4M | 257.9M | 270.7M | |
Non Current Liabilities Total | 15.6M | 31.5M | 43.0M | 40.3M | 32.0M | 33.6M | |
Other Stockholder Equity | 180.0M | 253.1M | 275.0M | 289.6M | 301.0M | 166.6M | |
Total Liab | 75.6M | 103.5M | 139.8M | 128.3M | 145.0M | 152.3M | |
Total Current Assets | 62.4M | 139.4M | 168.6M | 167.9M | 193.3M | 203.0M | |
Short Long Term Debt Total | 15.8M | 31.6M | 46.4M | 46.7M | 38.1M | 21.2M | |
Other Current Liab | 12.1M | 21.9M | 21.4M | 21.1M | 25.0M | 26.2M | |
Total Current Liabilities | 59.9M | 72.0M | 96.8M | 88.0M | 113.0M | 118.6M | |
Property Plant And Equipment Net | 23.2M | 44.7M | 64.5M | 68.0M | 61.2M | 64.2M | |
Current Deferred Revenue | 652K | 630K | 826K | 250K | 1.1M | 1.1M | |
Retained Earnings | (167.9M) | (169.5M) | (179.8M) | (180.8M) | (189.0M) | (179.5M) | |
Accounts Payable | 44.4M | 45.3M | 67.4M | 57.6M | 77.9M | 81.7M | |
Net Receivables | 2.7M | 6.3M | 5.0M | 6.4M | 7.4M | 4.7M | |
Inventory | 52.5M | 89.3M | 138.9M | 136.0M | 128.9M | 135.3M | |
Other Current Assets | 4.9M | 7.9M | 6.6M | 6.7M | 6.1M | 4.0M | |
Property Plant And Equipment Gross | 23.2M | 44.7M | 64.5M | 68.0M | 84.9M | 89.2M | |
Accumulated Other Comprehensive Income | 214K | (215K) | 274K | 1.1M | 783K | 822.2K | |
Short Term Debt | 2.7M | 4.1M | 7.2M | 9.3M | 9.1M | 6.4M | |
Property Plant Equipment | 9.7M | 44.7M | 64.5M | 24.3M | 27.9M | 21.8M | |
Other Liab | 2.5M | 4.0M | 3.7M | 3.0M | 3.4M | 2.5M | |
Net Tangible Assets | 12.4M | 83.5M | 95.6M | 110.1M | 126.6M | 132.9M | |
Retained Earnings Total Equity | (167.9M) | (169.5M) | (179.8M) | (180.8M) | (162.7M) | (170.8M) | |
Capital Surpluse | 187.1M | 260.3M | 282.7M | 297.3M | 341.9M | 223.9M |
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 CarPartsCom 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, CarPartsCom's short interest history, or implied volatility extrapolated from CarPartsCom options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as CarPartsCom using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in CarPartsCom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy CarPartsCom Stock please use our How to Invest in CarPartsCom guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for CarPartsCom Stock analysis
When running CarPartsCom's price analysis, check to measure CarPartsCom'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 CarPartsCom is operating at the current time. Most of CarPartsCom's value examination focuses on studying past and present price action to predict the probability of CarPartsCom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarPartsCom's price. Additionally, you may evaluate how the addition of CarPartsCom to your portfolios can decrease your overall portfolio volatility.
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data |
Is CarPartsCom'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 CarPartsCom. If investors know CarPartsCom 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 CarPartsCom 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 (0.52) | Earnings Share (0.28) | Revenue Per Share 11.707 | Quarterly Revenue Growth (0.05) | Return On Assets (0.04) |
The market value of CarPartsCom is measured differently than its book value, which is the value of CarPartsCom that is recorded on the company's balance sheet. Investors also form their own opinion of CarPartsCom's value that differs from its market value or its book value, called intrinsic value, which is CarPartsCom'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 CarPartsCom's market value can be influenced by many factors that don't directly affect CarPartsCom'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 CarPartsCom's value and its price as these two are different measures arrived at by different means. Investors typically determine if CarPartsCom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarPartsCom'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.