TrueCar Net Working Capital from 2010 to 2024

TRUE Stock  USD 4.14  0.09  2.13%   
TrueCar's Net Working Capital is decreasing over the years with stable fluctuation. Overall, Net Working Capital is expected to go to about 163.1 M this year. During the period from 2010 to 2024 TrueCar Net Working Capital annual values regression line had geometric mean of  199,306,768 and mean square error of 1104.5 T. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
134.1 M
Current Value
163.1 M
Quarterly Volatility
33.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check TrueCar financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TrueCar's main balance sheet or income statement drivers, such as Depreciation And Amortization of 20.3 M, Interest Expense of 139 M or Selling General Administrative of 55.2 M, as well as many indicators such as Price To Sales Ratio of 1.86, Dividend Yield of 0.0 or PTB Ratio of 3.62. TrueCar financial statements analysis is a perfect complement when working with TrueCar Valuation or Volatility modules.
  
Check out the analysis of TrueCar Correlation against competitors.
For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.

Latest TrueCar's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of TrueCar over the last few years. It is TrueCar's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TrueCar's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Pretty Stable
   Net Working Capital   
       Timeline  

TrueCar Net Working Capital Regression Statistics

Arithmetic Mean201,918,907
Geometric Mean199,306,768
Coefficient Of Variation16.53
Mean Deviation21,052,137
Median205,573,000
Standard Deviation33,381,059
Sample Variance1114.3T
Range148M
R-Value(0.28)
Mean Square Error1104.5T
R-Squared0.08
Significance0.31
Slope(2,106,124)
Total Sum of Squares15600.1T

TrueCar Net Working Capital History

2024163.1 M
2023134.1 M
2022167.1 M
2021238.5 M
2020282.1 M
2019185.6 M
2018213.9 M

About TrueCar Financial Statements

TrueCar stakeholders use historical fundamental indicators, such as TrueCar's Net Working Capital, to determine how well the company is positioned to perform in the future. Although TrueCar investors may analyze each financial statement separately, they are all interrelated. For example, changes in TrueCar's assets and liabilities are reflected in the revenues and expenses on TrueCar's 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 TrueCar. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital134.1 M163.1 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether TrueCar is a strong investment it is important to analyze TrueCar's 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 TrueCar's future performance. For an informed investment choice regarding TrueCar Stock, refer to the following important reports:
Check out the analysis of TrueCar Correlation against competitors.
For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 TrueCar. If investors know TrueCar 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 TrueCar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.29)
Revenue Per Share
1.874
Quarterly Revenue Growth
0.131
Return On Assets
(0.06)
Return On Equity
(0.19)
The market value of TrueCar is measured differently than its book value, which is the value of TrueCar that is recorded on the company's balance sheet. Investors also form their own opinion of TrueCar's value that differs from its market value or its book value, called intrinsic value, which is TrueCar'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 TrueCar's market value can be influenced by many factors that don't directly affect TrueCar'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 TrueCar's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueCar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueCar'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.