KAR Auction Financials

KAR Stock  USD 19.84  0.18  0.92%   
Based on the analysis of KAR Auction's profitability, liquidity, and operating efficiency, KAR Auction Services may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, KAR Auction's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 11/22/2024, Other Stockholder Equity is likely to grow to about 955.2 M, while Other Current Liabilities is likely to drop slightly above 1.6 B. Key indicators impacting KAR Auction's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.170.1841
Significantly Down
Slightly volatile
Current Ratio1.441.1465
Significantly Up
Slightly volatile
The financial analysis of KAR Auction is a critical element in measuring its lifeblood. Investors should not minimize KAR Auction's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

386.43 Million

  
Understanding current and past KAR Auction Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of KAR Auction's financial statements are interrelated, with each one affecting the others. For example, an increase in KAR Auction's assets may result in an increase in income on the income statement.

KAR Auction Earnings Geography

KAR Auction Stock Summary

KAR Auction competes with CarGurus, Kingsway Financial, Driven Brands, Group 1, and Rush Enterprises. KAR Auction Services, Inc., together with its subsidiaries, provides used vehicle auctions and related vehicle remarketing services for the automotive industry in the United States, Europe, Canada, Mexico, and the United Kingdom. KAR Auction Services, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana. Kar Auction operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 8256 people.
Specialization
Consumer Cyclical, Commercial & Professional Services
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS48238T1097
CUSIP48238T109
LocationIndiana; U.S.A
Business Address11299 North Illinois
SectorCommercial Services & Supplies
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitecorporate.openlane.com
Phone800 923 3725
CurrencyUSD - US Dollar

KAR Auction Key Financial Ratios

KAR Auction Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.6B6.8B7.4B5.1B4.7B6.1B
Other Current Liab2.5B1.5B2.2B1.8B1.7B1.6B
Other Liab179.7M733.8M761.6M59.9M68.9M65.4M
Net Debt1.7B1.5B2.0B348M333.9M317.2M
Retained Earnings651M600.7M625.7M822.9M624.4M655.6M
Accounts Payable704.6M688.9M785.3M551.2M556.6M571.8M
Cash507.6M752.1M190M225.7M93.5M88.8M
Other Assets35.5M604M56.4M57.3M65.9M62.6M
Long Term Debt1.9B1.9B1.8B205.3M202.4M192.3M
Net Receivables2.6B2.3B2.9B2.7B2.6B2.0B
Good Will1.8B2.1B2.6B1.5B1.3B2.0B
Inventory53.3M60.2M25.8M15.5M1.00.95
Other Current Assets125.9M166.9M326.9M130.9M174.6M159.1M
Total Liab4.9B4.6B5.3B3.0B3.4B4.5B
Total Current Assets3.2B3.2B3.4B3.0B2.8B2.5B
Short Term Debt28.8M24.3M16.3M288.7M166.5M174.8M
Intangible Assets541.9M542.3M575.6M424.5M317.6M518.8M
Net Tangible Assets(677.9M)(476.1M)(1.6B)299.1M344.0M361.2M
Long Term Debt Total1.9B1.9B1.8B205.3M184.8M175.5M
Capital Surpluse1.0B1.0B910.8M743.8M669.4M990.7M

KAR Auction Key Income Statement Accounts

The reason investors look at the income statement is to determine what KAR Auction's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense189.5M128.9M126.6M119.2M155.8M115.3M
Total Revenue2.8B2.2B2.3B1.5B1.6B2.5B
Gross Profit1.2B902.9M951.7M685.1M777.5M1.1B
Operating Income314.1M136.4M210.6M173.7M(5.2M)(4.9M)
Ebit314.1M134.3M127.5M157.8M9.3M8.8M
Ebitda510.5M325.6M237.4M258M110.8M105.3M
Cost Of Revenue1.6B1.3B1.3B834.3M867.6M1.4B
Income Before Tax130.1M5.4M101.5M38.6M(146.5M)(139.2M)
Net Income92.4M500K66.5M28.6M(154.1M)(146.4M)
Income Tax Expense37.7M4.9M35M10M8.3M7.9M
Tax Provision37.7M4.9M35M10M8.3M7.9M
Interest Income189.5M128.9M97M109.6M98.6M108.8M
Net Interest Income(189.5M)(128.9M)(126.6M)(119.2M)(155.8M)(163.6M)
Extraordinary Items96.1M54.1M67.3M212.6M191.3M110.5M

KAR Auction Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash256.2M251.4M(596.5M)74.3M(118.8M)(112.9M)
Free Cash Flow380.4M283M304.7M(473.4M)183.4M187.8M
Depreciation188.7M191.3M183M100.2M101.5M149.0M
Other Non Cash Items131.7M95M41.9M(640.8M)327.5M343.9M
Capital Expenditures161.6M101.4M108.5M60.9M52M49.4M
Net Income188.5M500K66.5M241.2M(154.1M)(146.4M)
End Period Cash Flow560.9M812.3M215.8M277.7M158.9M288.6M
Change To Inventory(19.8M)27.1M(192.5M)68.6M78.9M82.8M
Investments(132.7M)170.6M16M2.1B132.2M77.6M
Change Receivables(3M)117.9M(94.1M)107.7M123.9M130.0M
Dividends Paid164.3M49M4.8M22.2M44.4M73.9M
Change To Netincome95.7M46.3M53.2M(666.5M)(599.9M)(569.9M)
Net Borrowings(816.8M)(48.9M)399.7M(1.4B)(1.3B)(1.2B)

KAR Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining KAR Auction's current stock value. Our valuation model uses many indicators to compare KAR Auction value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across KAR Auction competition to find correlations between indicators driving KAR Auction's intrinsic value. More Info.
KAR Auction Services is currently regarded as number one stock in return on equity category among its peers. It also is currently regarded as number one stock in return on asset category among its peers reporting about  0.93  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for KAR Auction Services is roughly  1.08 . At this time, KAR Auction's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value KAR Auction by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

KAR Auction Services Systematic Risk

KAR Auction's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. KAR Auction volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on KAR Auction Services correlated with the market. If Beta is less than 0 KAR Auction generally moves in the opposite direction as compared to the market. If KAR Auction Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one KAR Auction Services is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of KAR Auction is generally in the same direction as the market. If Beta > 1 KAR Auction moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in KAR Auction Stock are looking for potential investment opportunities by analyzing not only static indicators but also various KAR Auction's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of KAR Auction growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0133

At this time, KAR Auction's Price Earnings To Growth Ratio is relatively stable compared to the past year.

KAR Auction November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of KAR Auction help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of KAR Auction Services. We use our internally-developed statistical techniques to arrive at the intrinsic value of KAR Auction Services based on widely used predictive technical indicators. In general, we focus on analyzing KAR Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build KAR Auction's daily price indicators and compare them against related drivers.

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.