CarGurus Reconciled Depreciation from 2010 to 2024

CARG Stock  USD 35.62  0.11  0.31%   
CarGurus' Reconciled Depreciation is increasing over the last several years with slightly volatile swings. Reconciled Depreciation is predicted to flatten to about 25.3 M. During the period from 2010 to 2024 CarGurus Reconciled Depreciation regressed destribution of quarterly values had coefficient of variationof  117.28 and r-value of  0.77. View All Fundamentals
 
Reconciled Depreciation  
First Reported
2016-09-30
Previous Quarter
7.5 M
Current Value
5.7 M
Quarterly Volatility
4.7 M
 
Covid
Check CarGurus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CarGurus' main balance sheet or income statement drivers, such as Tax Provision of 34.4 M, Interest Income of 16.5 M or Depreciation And Amortization of 63.3 M, as well as many indicators such as Price To Sales Ratio of 2.84, Dividend Yield of 0.0 or PTB Ratio of 4.21. CarGurus financial statements analysis is a perfect complement when working with CarGurus Valuation or Volatility modules.
  
Check out the analysis of CarGurus Correlation against competitors.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.

Latest CarGurus' Reconciled Depreciation Growth Pattern

Below is the plot of the Reconciled Depreciation of CarGurus over the last few years. It is CarGurus' Reconciled Depreciation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CarGurus' overall financial position and show how it may be relating to other accounts over time.
Reconciled Depreciation10 Years Trend
Slightly volatile
   Reconciled Depreciation   
       Timeline  

CarGurus Reconciled Depreciation Regression Statistics

Arithmetic Mean14,209,360
Geometric Mean8,099,011
Coefficient Of Variation117.28
Mean Deviation13,567,328
Median3,795,000
Standard Deviation16,665,094
Sample Variance277.7T
Range43.6M
R-Value0.77
Mean Square Error123.7T
R-Squared0.59
Significance0.0009
Slope2,853,696
Total Sum of Squares3888.2T

CarGurus Reconciled Depreciation History

202425.3 M
202347.4 M
202245.3 M
202140.5 M
202011.3 M
20197.8 M
2018M

About CarGurus Financial Statements

CarGurus stakeholders use historical fundamental indicators, such as CarGurus' Reconciled Depreciation, to determine how well the company is positioned to perform in the future. Although CarGurus investors may analyze each financial statement separately, they are all interrelated. For example, changes in CarGurus' assets and liabilities are reflected in the revenues and expenses on CarGurus' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CarGurus. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Reconciled Depreciation47.4 M25.3 M

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 the analysis of CarGurus Correlation against competitors.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Interactive Media & Services space 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
0.265
Earnings Share
(0.45)
Revenue Per Share
8.361
Quarterly Revenue Growth
0.054
Return On Assets
0.0563
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.