CAR Discontinued Operations vs Selling And Marketing Expenses Analysis

CAR Stock   41.50  0.49  1.17%   
CAR GROUP financial indicator trend analysis is way more than just evaluating CAR GROUP LIMITED prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CAR GROUP LIMITED is a good investment. Please check the relationship between CAR GROUP Discontinued Operations and its Selling And Marketing Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CAR GROUP LIMITED. 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.

Discontinued Operations vs Selling And Marketing Expenses

Discontinued Operations vs Selling And Marketing Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CAR GROUP LIMITED Discontinued Operations account and Selling And Marketing Expenses. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CAR GROUP's Discontinued Operations and Selling And Marketing Expenses is -0.16. Overlapping area represents the amount of variation of Discontinued Operations that can explain the historical movement of Selling And Marketing Expenses in the same time period over historical financial statements of CAR GROUP LIMITED, assuming nothing else is changed. The correlation between historical values of CAR GROUP's Discontinued Operations and Selling And Marketing Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Discontinued Operations of CAR GROUP LIMITED are associated (or correlated) with its Selling And Marketing Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling And Marketing Expenses has no effect on the direction of Discontinued Operations i.e., CAR GROUP's Discontinued Operations and Selling And Marketing Expenses go up and down completely randomly.

Correlation Coefficient

-0.16
Relationship DirectionNegative 
Relationship StrengthInsignificant

Discontinued Operations

Selling And Marketing Expenses

Most indicators from CAR GROUP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CAR GROUP LIMITED 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 CAR GROUP LIMITED. 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.
Selling General Administrative is likely to gain to about 178.1 M in 2024, whereas Tax Provision is likely to drop slightly above 59.9 M in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit377.5M550.9M769.8M808.3M
Total Revenue509.1M781.2M1.1B1.2B

CAR GROUP fundamental ratios Correlations

0.90.710.990.550.990.790.820.90.960.960.00.00.65-0.470.97-0.49-0.23-0.330.89-0.010.990.240.740.990.96
0.90.760.850.60.920.790.760.890.910.94-0.12-0.210.72-0.220.94-0.57-0.27-0.330.840.020.850.130.510.890.93
0.710.760.670.760.750.750.590.680.650.77-0.14-0.10.51-0.180.75-0.51-0.240.10.660.630.66-0.030.40.710.74
0.990.850.670.520.980.770.820.850.920.940.00.030.63-0.480.93-0.47-0.24-0.320.88-0.031.00.240.760.980.92
0.550.60.760.520.580.460.690.570.470.560.07-0.250.8-0.20.6-0.27-0.17-0.260.710.410.510.330.360.520.58
0.990.920.750.980.580.810.820.890.950.97-0.1-0.090.66-0.450.97-0.55-0.28-0.310.890.040.970.160.740.990.96
0.790.790.750.770.460.810.550.660.710.790.00.070.42-0.180.78-0.31-0.31-0.160.640.250.770.150.450.80.76
0.820.760.590.820.690.820.550.690.750.83-0.11-0.240.8-0.190.79-0.53-0.27-0.460.99-0.10.830.250.510.790.77
0.90.890.680.850.570.890.660.690.970.90.150.020.64-0.410.97-0.43-0.09-0.350.790.030.850.30.60.880.97
0.960.910.650.920.470.950.710.750.970.950.02-0.020.6-0.430.98-0.53-0.15-0.350.83-0.070.920.20.670.940.99
0.960.940.770.940.560.970.790.830.90.95-0.11-0.110.67-0.270.96-0.66-0.19-0.270.90.030.940.050.560.950.96
0.0-0.12-0.140.00.07-0.10.0-0.110.150.02-0.110.6-0.05-0.150.010.560.53-0.25-0.09-0.050.00.66-0.02-0.090.01
0.0-0.21-0.10.03-0.25-0.090.07-0.240.02-0.02-0.110.6-0.360.02-0.080.61-0.020.25-0.210.230.050.48-0.030.03-0.09
0.650.720.510.630.80.660.420.80.640.60.67-0.05-0.36-0.130.67-0.42-0.2-0.530.83-0.130.630.30.360.610.65
-0.47-0.22-0.18-0.48-0.2-0.45-0.18-0.19-0.41-0.43-0.27-0.150.02-0.13-0.420.01-0.090.24-0.230.05-0.45-0.24-0.91-0.45-0.44
0.970.940.750.930.60.970.780.790.970.980.960.01-0.080.67-0.42-0.53-0.19-0.340.870.030.930.220.670.951.0
-0.49-0.57-0.51-0.47-0.27-0.55-0.31-0.53-0.43-0.53-0.660.560.61-0.420.01-0.53-0.080.01-0.560.06-0.470.63-0.18-0.47-0.54
-0.23-0.27-0.24-0.24-0.17-0.28-0.31-0.27-0.09-0.15-0.190.53-0.02-0.2-0.09-0.19-0.08-0.06-0.27-0.23-0.24-0.2-0.21-0.36-0.16
-0.33-0.330.1-0.32-0.26-0.31-0.16-0.46-0.35-0.35-0.27-0.250.25-0.530.24-0.340.01-0.06-0.450.57-0.32-0.48-0.3-0.27-0.33
0.890.840.660.880.710.890.640.990.790.830.9-0.09-0.210.83-0.230.87-0.56-0.27-0.45-0.070.890.250.550.870.85
-0.010.020.63-0.030.410.040.25-0.10.03-0.070.03-0.050.23-0.130.050.030.06-0.230.57-0.07-0.04-0.06-0.040.040.03
0.990.850.661.00.510.970.770.830.850.920.940.00.050.63-0.450.93-0.47-0.24-0.320.89-0.040.240.740.980.91
0.240.13-0.030.240.330.160.150.250.30.20.050.660.480.3-0.240.220.63-0.2-0.480.25-0.060.240.280.220.2
0.740.510.40.760.360.740.450.510.60.670.56-0.02-0.030.36-0.910.67-0.18-0.21-0.30.55-0.040.740.280.740.67
0.990.890.710.980.520.990.80.790.880.940.95-0.090.030.61-0.450.95-0.47-0.36-0.270.870.040.980.220.740.94
0.960.930.740.920.580.960.760.770.970.990.960.01-0.090.65-0.441.0-0.54-0.16-0.330.850.030.910.20.670.94
Click cells to compare fundamentals

CAR GROUP Account Relationship Matchups

CAR GROUP fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets997.6M1.2B1.9B4.7B4.7B4.9B
Other Current Liab51.2M27.6M48.8M96.3M141.2M148.3M
Total Current Liabilities75.1M98.1M119.2M192.8M255.8M268.6M
Total Stockholder Equity290.8M938.7M1.0B3.1B2.9B3.0B
Other Liab31.4M16.9M37.0M26.0M30.0M31.4M
Retained Earnings197.2M204.8M243.5M700.7M691.8M726.4M
Accounts Payable6.0M8.4M11.0M23.8M30.7M32.3M
Cash179.9M284.0M117.5M198.7M308.3M323.7M
Other Assets22.8M1.031.2M39.3M45.2M47.5M
Long Term Debt544.1M43.2M649.6M1.1B1.3B1.3B
Net Receivables48.0M42.7M65.4M105.3M146.4M153.8M
Other Current Assets13.0M48.7M25.2M30.1M45.8M48.1M
Other Stockholder Equity(347.1M)(1.0)(1.0B)(3.2B)106.0M111.3M
Total Liab706.0M223.1M847.7M1.6B1.7B1.8B
Long Term Investments91.9M105.5M954.5M25.4M22.7M21.6M
Short Long Term Debt174K35K113K26.1M35.5M51.0M
Total Current Assets240.9M375.4M211.3M351.3M503.6M528.8M
Short Term Debt6.8M6.7M8.2M37.3M46.1M33.5M
Common Stock149.8M755.4M770.0M2.5B2.5B2.6B
Property Plant Equipment65.3M67.8M71.1M79.9M71.9M42.2M
Intangible Assets583.2M597.7M603.3M4.2B974.7M1.0B
Good Will477.6M480.0M483.9M3.1B3.1B3.2B
Short Long Term Debt Total605.2M106.6M714.2M1.2B1.3B1.4B
Property Plant And Equipment Net66.7M67.8M71.1M79.9M58.6M32.1M
Net Debt425.3M(177.4M)596.7M1.0B1.0B1.1B
Non Current Assets Total756.7M788.2M1.6B4.3B4.2B4.4B
Non Currrent Assets Other(477.6M)(480.0M)(483.9M)(3.1B)19.6M20.6M
Cash And Short Term Investments179.9M284.0M117.5M198.7M308.3M323.7M
Common Stock Shares Outstanding258.9M258.1M285.2M356.5M377.7M290.3M
Liabilities And Stockholders Equity997.6M1.2B1.9B4.7B4.7B4.9B
Non Current Liabilities Total631.0M125.0M728.5M1.4B1.5B1.6B
Property Plant And Equipment Gross65.3M131.2M144.9M175.9M166.7M175.0M
Current Deferred Revenue11.1M11.4M11.0M14.8M17.9M9.0M
Accumulated Other Comprehensive Income(56.3M)(21.4M)(1.9M)(83.5M)(270.9M)(257.4M)
Net Tangible Assets(291.6M)(288.4M)341.0M408.2M469.5M492.9M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for CAR Stock Analysis

When running CAR GROUP's price analysis, check to measure CAR GROUP'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 CAR GROUP is operating at the current time. Most of CAR GROUP's value examination focuses on studying past and present price action to predict the probability of CAR GROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CAR GROUP's price. Additionally, you may evaluate how the addition of CAR GROUP to your portfolios can decrease your overall portfolio volatility.