Michael Maroone - Carvana Lead Independent Director

CVNA Stock  USD 259.36  10.98  4.42%   

Director

Mr. Michael E. Maroone is Lead Independent Director of the Company. From July 2005 to April 2015, Mr. Maroone served on the board of AutoNation, Inc., an automotive retailer and provider of new and used vehicles and related services. From August 1999 until his retirement in February 2015, Mr. Maroone also served as President and Chief Operating Officer of AutoNation, Inc. Prior to joining AutoNation, Inc., Mr. Maroone was President and Chief Executive Officer of the Maroone Automotive Group, a privatelyheld automotive retail group, from 1977 to 1997 since 2017.
Age 67
Tenure 7 years
Address 300 East Rio Salado Parkway, Tempe, AZ, United States, 85281
Phone602 922 9866
Webhttps://www.carvana.com
Maroone currently serves on the board of Cox Automotive, Inc., a privately held combination of global automotive wholesale and services businesses including automotive auctions, financial services, media, and software, and is the CoChairman of the Florida Leadership Board of the Cleveland Clinic, a nonprofit, multispecialty academic hospital. He holds a B.S. degree in Small Business Management from the University of Colorado Boulder.

Carvana Management Efficiency

The company has return on total asset (ROA) of 0.0604 % which means that it generated a profit of $0.0604 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 1.0714 %, meaning that it created $1.0714 on every $100 dollars invested by stockholders. Carvana's management efficiency ratios could be used to measure how well Carvana manages its routine affairs as well as how well it operates its assets and liabilities. At present, Carvana's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.07, whereas Return On Capital Employed is forecasted to decline to (0.01). At present, Carvana's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 3.9 B, whereas Net Tangible Assets are projected to grow to (502.7 M).
Carvana Co currently holds 6.71 B in liabilities. Carvana has a current ratio of 2.33, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Carvana's use of debt, we should always consider it together with its cash and equity.

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Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Carvana Co. was founded in 2012 and is headquartered in Tempe, Arizona. Carvana Co operates under Internet Retail classification in the United States and is traded on New York Stock Exchange. It employs 21000 people. Carvana Co (CVNA) is traded on New York Stock Exchange in USA. It is located in 300 East Rio Salado Parkway, Tempe, AZ, United States, 85281 and employs 13,700 people. Carvana is listed under Automotive Retail category by Fama And French industry classification.

Management Performance

Carvana Leadership Team

Elected by the shareholders, the Carvana's board of directors comprises two types of representatives: Carvana inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Carvana. The board's role is to monitor Carvana's management team and ensure that shareholders' interests are well served. Carvana's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Carvana's outside directors are responsible for providing unbiased perspectives on the board's policies.
Benjamin JD, CoFounder COO
John McKeon, Vice President Financial Planning and Analysis
Benjamin Huston, Chief Operating Officer
Ernest III, President, CoFounder
Ira Platt, Independent Director
Michael McKeever, Investor Markets
Paul JD, General VP
Paul Breaux, Vice President General Counsel, Secretary
Dan Quayle, Independent Director
Neha Parikh, Independent Director
Stephen Palmer, Principal Accounting Officer
Christina Keiser, Executive Strategy
Michael Maroone, Lead Independent Director
Mark Jenkins, Chief Financial Officer
Ernest Garcia, Chairman of the Board, President, Chief Executive Officer
Michael CFA, VP Relations
Thomas Taira, President Projects
Tom Taira, President - Special Projects
Ryan Keeton, Chief Brand Officer
Gregory Sullivan, Independent Director
Daniel Gill, Chief Product Officer

Carvana Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Carvana a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Carvana offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Carvana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Carvana Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Carvana Co Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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Is Automotive Retail 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 Carvana. If investors know Carvana 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 Carvana 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
(0.82)
Earnings Share
2.49
Revenue Per Share
106.047
Quarterly Revenue Growth
0.318
Return On Assets
0.0604
The market value of Carvana is measured differently than its book value, which is the value of Carvana that is recorded on the company's balance sheet. Investors also form their own opinion of Carvana's value that differs from its market value or its book value, called intrinsic value, which is Carvana'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 Carvana's market value can be influenced by many factors that don't directly affect Carvana'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 Carvana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carvana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carvana'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.