AutoNation Interest Expense vs Net Income From Continuing Ops Analysis

AN Stock

USD 172.46 2.41 1.42%

AutoNation financial indicator trend analysis is way more than just evaluating AutoNation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AutoNation is a good investment. Please check the relationship between AutoNation Interest Expense and its Net Income From Continuing Ops accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoNation. 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.

To learn how to invest in AutoNation Stock, please use our How to Invest in AutoNation guide.

Interest Expense vs Net Income From Continuing Ops

Interest Expense vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AutoNation Interest Expense account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have very week relationship.

The correlation between AutoNation's Interest Expense and Net Income From Continuing Ops is 0.24. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of AutoNation, assuming nothing else is changed. The correlation between historical values of AutoNation's Interest Expense and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Expense of AutoNation are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Interest Expense i.e., AutoNation's Interest Expense and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

0.24

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Net Income From Continuing Ops

Most indicators from AutoNation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AutoNation current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoNation. 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.

To learn how to invest in AutoNation Stock, please use our How to Invest in AutoNation guide.As of the 23rd of November 2024, Enterprise Value is likely to grow to about 11.9 B, while Selling General Administrative is likely to drop about 1.8 B.

	2021	2022	2023	2024 (projected)
EBITDA	2.1B	2.2B	1.8B	1.8B
EBIT	1.9B	2.0B	1.5B	1.6B

Ebitda Ebit

AutoNation fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Other Current Assets	Short Long Term Debt Total	Non Current Liabilities Total	Short Term Debt	Intangible Assets	Accounts Payable	Inventory	Common Stock Total Equity	Common Stock
Total Assets		0.3	0.9	0.83	0.82	0.82	0.74	0.2	0.95	0.54	0.2	0.97	0.27	-0.15	0.84	0.6	0.89	0.34	0.86	0.61	0.59	0.78	-0.02	0.84	-0.9	-0.9
Other Current Liab	0.3		0.18	0.23	0.64	0.63	0.6	-0.06	0.37	0.94	-0.06	0.23	-0.45	-0.68	0.69	0.76	0.15	0.53	-0.05	0.69	-0.25	0.66	-0.02	0.16	-0.45	-0.45
Total Current Liabilities	0.9	0.18		0.74	0.59	0.76	0.48	0.09	0.75	0.4	0.09	0.95	0.34	0.2	0.74	0.32	0.96	0.29	0.86	0.29	0.78	0.57	-0.1	0.95	-0.71	-0.71
Total Stockholder Equity	0.83	0.23	0.74		0.79	0.67	0.76	0.45	0.74	0.5	0.45	0.8	0.34	-0.12	0.74	0.51	0.81	0.43	0.71	0.48	0.59	0.6	0.1	0.76	-0.85	-0.85
Property Plant And Equipment Net	0.82	0.64	0.59	0.79		0.86	0.91	0.2	0.87	0.82	0.2	0.73	-0.09	-0.57	0.93	0.93	0.6	0.5	0.6	0.89	0.26	0.94	0.01	0.54	-0.93	-0.93
Net Debt	0.82	0.63	0.76	0.67	0.86		0.75	-0.04	0.76	0.78	-0.04	0.81	-0.05	-0.32	0.97	0.75	0.76	0.56	0.73	0.74	0.52	0.85	-0.27	0.76	-0.83	-0.83
Retained Earnings	0.74	0.6	0.48	0.76	0.91	0.75		0.25	0.77	0.76	0.25	0.65	0.1	-0.66	0.84	0.84	0.55	0.58	0.5	0.85	0.17	0.8	0.08	0.5	-0.89	-0.89
Cash	0.2	-0.06	0.09	0.45	0.2	-0.04	0.25		0.18	0.14	1.0	0.16	0.11	-0.06	0.05	0.04	0.19	-0.12	0.11	0.04	0.09	0.04	0.05	0.06	-0.19	-0.19
Non Current Assets Total	0.95	0.37	0.75	0.74	0.87	0.76	0.77	0.18		0.59	0.18	0.87	0.08	-0.37	0.81	0.74	0.71	0.24	0.76	0.73	0.37	0.87	0.0	0.64	-0.88	-0.88
Non Currrent Assets Other	0.54	0.94	0.4	0.5	0.82	0.78	0.76	0.14	0.59		0.14	0.46	-0.37	-0.63	0.84	0.85	0.38	0.54	0.22	0.77	-0.01	0.81	-0.06	0.36	-0.66	-0.66
Cash And Short Term Investments	0.2	-0.06	0.09	0.45	0.2	-0.04	0.25	1.0	0.18	0.14		0.16	0.11	-0.06	0.05	0.04	0.19	-0.12	0.11	0.04	0.09	0.04	0.05	0.06	-0.19	-0.19
Net Receivables	0.97	0.23	0.95	0.8	0.73	0.81	0.65	0.16	0.87	0.46	0.16		0.36	0.01	0.82	0.49	0.94	0.4	0.9	0.51	0.7	0.69	-0.02	0.9	-0.86	-0.86
Common Stock Shares Outstanding	0.27	-0.45	0.34	0.34	-0.09	-0.05	0.1	0.11	0.08	-0.37	0.11	0.36		0.45	0.01	-0.33	0.49	0.26	0.32	-0.18	0.39	-0.28	0.48	0.48	-0.28	-0.28
Other Stockholder Equity	-0.15	-0.68	0.2	-0.12	-0.57	-0.32	-0.66	-0.06	-0.37	-0.63	-0.06	0.01	0.45		-0.39	-0.78	0.19	-0.21	0.13	-0.76	0.5	-0.58	0.04	0.24	0.36	0.36
Total Liab	0.84	0.69	0.74	0.74	0.93	0.97	0.84	0.05	0.81	0.84	0.05	0.82	0.01	-0.39		0.82	0.75	0.63	0.66	0.81	0.41	0.88	-0.05	0.73	-0.91	-0.91
Property Plant And Equipment Gross	0.6	0.76	0.32	0.51	0.93	0.75	0.84	0.04	0.74	0.85	0.04	0.49	-0.33	-0.78	0.82		0.3	0.44	0.35	0.96	-0.05	0.94	-0.01	0.25	-0.78	-0.78
Total Current Assets	0.89	0.15	0.96	0.81	0.6	0.76	0.55	0.19	0.71	0.38	0.19	0.94	0.49	0.19	0.75	0.3		0.42	0.86	0.32	0.8	0.5	-0.04	0.99	-0.76	-0.76
Other Current Assets	0.34	0.53	0.29	0.43	0.5	0.56	0.58	-0.12	0.24	0.54	-0.12	0.4	0.26	-0.21	0.63	0.44	0.42		0.2	0.52	0.13	0.35	0.23	0.43	-0.59	-0.59
Short Long Term Debt Total	0.86	-0.05	0.86	0.71	0.6	0.73	0.5	0.11	0.76	0.22	0.11	0.9	0.32	0.13	0.66	0.35	0.86	0.2		0.38	0.85	0.58	-0.3	0.83	-0.71	-0.71
Non Current Liabilities Total	0.61	0.69	0.29	0.48	0.89	0.74	0.85	0.04	0.73	0.77	0.04	0.51	-0.18	-0.76	0.81	0.96	0.32	0.52	0.38		-0.05	0.88	0.04	0.26	-0.8	-0.8
Short Term Debt	0.59	-0.25	0.78	0.59	0.26	0.52	0.17	0.09	0.37	-0.01	0.09	0.7	0.39	0.5	0.41	-0.05	0.8	0.13	0.85	-0.05		0.21	-0.37	0.82	-0.4	-0.4
Intangible Assets	0.78	0.66	0.57	0.6	0.94	0.85	0.8	0.04	0.87	0.81	0.04	0.69	-0.28	-0.58	0.88	0.94	0.5	0.35	0.58	0.88	0.21		-0.12	0.45	-0.82	-0.82
Accounts Payable	-0.02	-0.02	-0.1	0.1	0.01	-0.27	0.08	0.05	0.0	-0.06	0.05	-0.02	0.48	0.04	-0.05	-0.01	-0.04	0.23	-0.3	0.04	-0.37	-0.12		-0.08	-0.18	-0.18
Inventory	0.84	0.16	0.95	0.76	0.54	0.76	0.5	0.06	0.64	0.36	0.06	0.9	0.48	0.24	0.73	0.25	0.99	0.43	0.83	0.26	0.82	0.45	-0.08		-0.71	-0.71
Common Stock Total Equity	-0.9	-0.45	-0.71	-0.85	-0.93	-0.83	-0.89	-0.19	-0.88	-0.66	-0.19	-0.86	-0.28	0.36	-0.91	-0.78	-0.76	-0.59	-0.71	-0.8	-0.4	-0.82	-0.18	-0.71		1.0
Common Stock	-0.9	-0.45	-0.71	-0.85	-0.93	-0.83	-0.89	-0.19	-0.88	-0.66	-0.19	-0.86	-0.28	0.36	-0.91	-0.78	-0.76	-0.59	-0.71	-0.8	-0.4	-0.82	-0.18	-0.71	1.0

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AutoNation Account Relationship Matchups

AutoNation fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	10.5B	9.9B	8.9B	10.1B	12.4B	7.6B
Other Current Liab	608.7M	723.2M	816.3M	856M	4.3B	4.5B
Total Current Liabilities	5.1B	4.2B	3.1B	3.4B	5.6B	3.2B
Total Stockholder Equity	3.2B	3.2B	2.4B	2.0B	2.2B	2.6B
Property Plant And Equipment Net	3.5B	3.4B	3.7B	3.9B	4.2B	4.4B
Net Debt	6.0B	4.6B	4.9B	6.3B	8.0B	8.4B
Retained Earnings	3.7B	4.1B	4.6B	3.7B	4.6B	4.9B
Cash	42M	569.6M	60.4M	72.6M	60.8M	57.8M
Non Current Assets Total	6.1B	5.7B	6.1B	6.9B	8.0B	4.2B
Non Currrent Assets Other	382.1M	580.4M	449.6M	438.5M	1.1B	1.1B
Cash And Short Term Investments	42M	569.6M	60.4M	72.6M	60.8M	57.8M
Net Receivables	916.7M	870.9M	760.4M	886.5M	1.0B	711.8M
Common Stock Shares Outstanding	90.5M	88.7M	75M	56.7M	44.9M	42.7M
Liabilities And Stockholders Equity	10.5B	9.9B	8.9B	10.1B	12.4B	7.6B
Other Stockholder Equity	(527.2M)	(834.7M)	(2.3B)	(1.6B)	(2.4B)	(2.3B)
Total Liab	7.4B	6.7B	6.6B	8.0B	10.1B	10.7B
Property Plant And Equipment Gross	3.5B	3.4B	5.5B	5.9B	6.3B	6.6B
Total Current Assets	4.4B	4.2B	2.8B	3.1B	4.3B	3.4B
Other Current Assets	146.6M	113.7M	143M	130.6M	172.3M	342.7M
Short Long Term Debt Total	6.1B	5.2B	5.0B	6.4B	4.7B	3.4B
Non Current Liabilities Total	2.3B	2.5B	3.5B	4.6B	4.2B	4.4B
Short Term Debt	4.2B	3.1B	1.8B	2.2B	952.4M	1.9B
Intangible Assets	581.6M	521.5M	743.5M	837M	927.8M	780.3M
Accounts Payable	290.3M	335.2M	395.9M	327.6M	344.7M	373.5M
Inventory	3.3B	2.6B	1.8B	2.0B	3.0B	2.6B
Other Liab	397.5M	406.5M	400.5M	409.5M	470.9M	243.2M
Other Assets	541M	891M	390.7M	522.2M	600.5M	346.7M
Long Term Debt	1.6B	1.8B	2.8B	312.9M	3.4B	3.5B
Treasury Stock	(563.1M)	(887.8M)	(2.3B)	(1.6B)	(1.5B)	(1.4B)
Property Plant Equipment	3.2B	3.1B	3.4B	3.6B	4.1B	2.5B
Good Will	1.5B	1.2B	1.2B	1.3B	1.5B	1.5B
Net Tangible Assets	1.4B	1.8B	658.3M	500.5M	450.5M	427.9M
Retained Earnings Total Equity	3.7B	4.1B	4.6B	3.7B	4.2B	3.6B
Long Term Debt Total	1.6B	1.8B	2.8B	3.6B	4.1B	2.2B
Capital Surpluse	35.9M	53.1M	3.2M	3.1M	2.8M	2.7M
Deferred Long Term Liab	135.1M	95.9M	78.2M	76.5M	88.0M	97.3M

Pair Trading with AutoNation

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 AutoNation 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 AutoNation will appreciate offsetting losses from the drop in the long position's value.

Moving together with AutoNation Stock

0.68

Foot Locker Earnings Call This Week

Pair Corr

The ability to find closely correlated positions to AutoNation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoNation 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 AutoNation - 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 AutoNation to buy it.

The correlation of AutoNation 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 AutoNation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoNation 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 AutoNation 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.

Pair Correlation Correlation Matching

How To Invest In AutoNation

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Is AutoNation Stock a good investment?

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What is AutoNation's Net Worth?

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Largest Automotive Retail Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoNation. 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.

To learn how to invest in AutoNation Stock, please use our How to Invest in AutoNation guide.

You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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 AutoNation. If investors know AutoNation 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 AutoNation 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

(0.17)

Earnings Share

17.4

Revenue Per Share

638.438

Quarterly Revenue Growth

(0.04)

Return On Assets

0.0657

The market value of AutoNation is measured differently than its book value, which is the value of AutoNation that is recorded on the company's balance sheet. Investors also form their own opinion of AutoNation's value that differs from its market value or its book value, called intrinsic value, which is AutoNation'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 AutoNation's market value can be influenced by many factors that don't directly affect AutoNation'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 AutoNation's value and its price as these two are different measures arrived at by different means. Investors typically determine if AutoNation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AutoNation'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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AutoNation Interest Expense vs Net Income From Continuing Ops Analysis

Interest Expense vs Net Income From Continuing Ops

Interest Expense vs Net Income From Continuing Ops Correlation Analysis

Correlation Coefficient

Interest Expense

Net Income From Continuing Ops

AutoNation fundamental ratios Correlations

AutoNation Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AutoNation fundamental ratios Accounts

Pair Trading with AutoNation

Moving together with AutoNation Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Common Stock	+ 1.0	Common Stock Total Equity
Inventory	+ 0.99	Total Current Assets
Net Receivables	+ 0.97	Total Assets
Total Liab	+ 0.97	Net Debt
Total Current Assets	+ 0.96	Total Current Liabilities

Common Stock	- 0.93	Property Plant And Equipment Net
Common Stock Total Equity	- 0.93	Property Plant And Equipment Net
Common Stock	- 0.91	Total Liab
Common Stock Total Equity	- 0.91	Total Liab
Common Stock	- 0.9	Total Assets
Common Stock Total Equity	- 0.9	Total Assets