KAR Depreciation And Amortization from 2010 to 2024
KAR Stock | USD 19.94 0.10 0.50% |
Depreciation And Amortization | First Reported 2007-06-30 | Previous Quarter 24.1 M | Current Value 23.8 M | Quarterly Volatility 13.8 M |
Check KAR Auction financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among KAR Auction's main balance sheet or income statement drivers, such as Depreciation And Amortization of 145.9 M, Interest Expense of 115.3 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0261 or PTB Ratio of 0.82. KAR financial statements analysis is a perfect complement when working with KAR Auction Valuation or Volatility modules.
KAR | Depreciation And Amortization |
Latest KAR Auction's Depreciation And Amortization Growth Pattern
Below is the plot of the Depreciation And Amortization of KAR Auction Services over the last few years. It is the systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives. KAR Auction's Depreciation And Amortization historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in KAR Auction's overall financial position and show how it may be relating to other accounts over time.
Depreciation And Amortization | 10 Years Trend |
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Depreciation And Amortization |
Timeline |
KAR Depreciation And Amortization Regression Statistics
Arithmetic Mean | 181,382,902 | |
Geometric Mean | 172,958,971 | |
Coefficient Of Variation | 30.34 | |
Mean Deviation | 43,247,184 | |
Median | 191,300,000 | |
Standard Deviation | 55,031,184 | |
Sample Variance | 3028.4T | |
Range | 169.7M | |
R-Value | (0.33) | |
Mean Square Error | 2903.2T | |
R-Squared | 0.11 | |
Significance | 0.23 | |
Slope | (4,077,840) | |
Total Sum of Squares | 42398T |
KAR Depreciation And Amortization History
About KAR Auction Financial Statements
KAR Auction shareholders use historical fundamental indicators, such as Depreciation And Amortization, to determine how well the company is positioned to perform in the future. Although KAR Auction investors may analyze each financial statement separately, they are all interrelated. The changes in KAR Auction's assets and liabilities, for example, are also reflected in the revenues and expenses on on KAR Auction's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Depreciation And Amortization | 101.5 M | 145.9 M |
Pair Trading with KAR Auction
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 KAR Auction 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 KAR Auction will appreciate offsetting losses from the drop in the long position's value.Moving together with KAR Stock
Moving against KAR Stock
0.71 | PFMT | Performant Financial | PairCorr |
0.62 | CVEO | Civeo Corp | PairCorr |
0.6 | W | Wayfair | PairCorr |
0.6 | GP | GreenPower Motor | PairCorr |
0.54 | DIBS | 1StdibsCom | PairCorr |
The ability to find closely correlated positions to KAR Auction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KAR Auction 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 KAR Auction - 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 KAR Auction Services to buy it.
The correlation of KAR Auction 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 KAR Auction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KAR Auction Services 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 KAR Auction 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.Additional Tools for KAR Stock Analysis
When running KAR Auction's price analysis, check to measure KAR Auction'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 KAR Auction is operating at the current time. Most of KAR Auction's value examination focuses on studying past and present price action to predict the probability of KAR Auction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KAR Auction's price. Additionally, you may evaluate how the addition of KAR Auction to your portfolios can decrease your overall portfolio volatility.