AutoNation Net Interest Income 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 Net Interest Income 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.
Net Interest Income vs Net Income From Continuing Ops
Net Interest Income 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 Net Interest Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have no relationship.
The correlation between AutoNation's Net Interest Income and Net Income From Continuing Ops is 0.05. Overlapping area represents the amount of variation of Net Interest Income 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 Net Interest Income 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 Net Interest Income 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 Net Interest Income i.e., AutoNation's Net Interest Income and Net Income From Continuing Ops go up and down completely randomly.
Correlation Coefficient | 0.05 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.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 |
AutoNation fundamental ratios Correlations
Click cells to compare fundamentals
AutoNation Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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 | FL | Foot Locker Earnings Call This Week | PairCorr |
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.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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.