CAR Short Long Term Debt vs Short Term Investments 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 Short Long Term Debt and its Short Term Investments 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.

Short Long Term Debt vs Short Term Investments

Short Long Term Debt vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CAR GROUP LIMITED Short Long Term Debt account and Short Term Investments. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between CAR GROUP's Short Long Term Debt and Short Term Investments is -0.25. Overlapping area represents the amount of variation of Short Long Term Debt that can explain the historical movement of Short Term Investments 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 Short Long Term Debt and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt of CAR GROUP LIMITED are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Short Long Term Debt i.e., CAR GROUP's Short Long Term Debt and Short Term Investments go up and down completely randomly.

Correlation Coefficient

-0.25

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Short Term Investments

Short Term Investments is an item under the current assets section of CAR GROUP balance sheet. It contains any investments CAR GROUP LIMITED undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that CAR GROUP LIMITED can easily liquidate in the marketplace.

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 Profit	377.5M	550.9M	769.8M	808.3M
Total Revenue	509.1M	781.2M	1.1B	1.2B

Gross Profit Total Revenue

CAR GROUP fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Retained Earnings	Accounts Payable	Cash	Other Assets	Long Term Debt	Net Receivables	Short Term Investments	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Intangible Assets	Good Will	Short Long Term Debt Total
Total Assets		0.94	0.71	0.99	0.55	0.99	0.79	0.82	0.9	0.96	0.96	0.0	0.0	0.65	-0.47	0.97	-0.49	-0.23	-0.33	0.89	-0.01	0.99	0.24	0.74	0.99	0.96
Other Current Liab	0.94		0.74	0.91	0.54	0.95	0.75	0.77	0.91	0.94	0.98	-0.13	-0.06	0.71	-0.22	0.95	-0.62	-0.26	-0.24	0.86	0.03	0.92	0.08	0.53	0.94	0.94
Total Current Liabilities	0.71	0.74		0.67	0.76	0.75	0.75	0.59	0.68	0.65	0.77	-0.14	-0.1	0.5	-0.18	0.75	-0.51	-0.24	0.1	0.66	0.63	0.66	-0.03	0.4	0.71	0.74
Total Stockholder Equity	0.99	0.91	0.67		0.52	0.98	0.77	0.82	0.85	0.92	0.94	0.0	0.03	0.63	-0.48	0.93	-0.47	-0.24	-0.32	0.88	-0.03	1.0	0.24	0.76	0.98	0.92
Other Liab	0.55	0.54	0.76	0.52		0.58	0.46	0.69	0.57	0.47	0.56	0.07	-0.25	0.79	-0.2	0.6	-0.27	-0.17	-0.26	0.71	0.42	0.51	0.33	0.36	0.52	0.58
Retained Earnings	0.99	0.95	0.75	0.98	0.58		0.81	0.82	0.89	0.95	0.97	-0.1	-0.09	0.66	-0.45	0.97	-0.55	-0.28	-0.31	0.89	0.04	0.97	0.16	0.74	0.99	0.96
Accounts Payable	0.79	0.75	0.75	0.77	0.46	0.81		0.55	0.66	0.71	0.8	0.0	0.07	0.4	-0.18	0.78	-0.31	-0.31	-0.16	0.64	0.24	0.77	0.15	0.45	0.8	0.76
Cash	0.82	0.77	0.59	0.82	0.69	0.82	0.55		0.69	0.75	0.81	-0.11	-0.24	0.8	-0.19	0.79	-0.53	-0.27	-0.46	0.99	-0.1	0.83	0.25	0.51	0.79	0.77
Other Assets	0.9	0.91	0.68	0.85	0.57	0.89	0.66	0.69		0.97	0.89	0.15	0.02	0.63	-0.41	0.97	-0.43	-0.09	-0.35	0.79	0.03	0.85	0.3	0.6	0.88	0.97
Long Term Debt	0.96	0.94	0.65	0.92	0.47	0.95	0.71	0.75	0.97		0.94	0.02	-0.02	0.6	-0.43	0.98	-0.53	-0.15	-0.35	0.83	-0.07	0.92	0.2	0.67	0.94	0.99
Net Receivables	0.96	0.98	0.77	0.94	0.56	0.97	0.8	0.81	0.89	0.94		-0.1	-0.09	0.67	-0.27	0.96	-0.66	-0.18	-0.25	0.89	0.04	0.94	0.05	0.56	0.95	0.95
Short Term Investments	0.0	-0.13	-0.14	0.0	0.07	-0.1	0.0	-0.11	0.15	0.02	-0.1		0.6	-0.07	-0.15	0.01	0.56	0.53	-0.25	-0.09	-0.05	0.0	0.66	-0.02	-0.09	0.01
Inventory	0.0	-0.06	-0.1	0.03	-0.25	-0.09	0.07	-0.24	0.02	-0.02	-0.09	0.6		-0.35	0.02	-0.08	0.61	-0.02	0.25	-0.21	0.22	0.05	0.48	-0.03	0.03	-0.09
Other Current Assets	0.65	0.71	0.5	0.63	0.79	0.66	0.4	0.8	0.63	0.6	0.67	-0.07	-0.35		-0.12	0.66	-0.44	-0.2	-0.52	0.83	-0.11	0.63	0.28	0.36	0.61	0.64
Other Stockholder Equity	-0.47	-0.22	-0.18	-0.48	-0.2	-0.45	-0.18	-0.19	-0.41	-0.43	-0.27	-0.15	0.02	-0.12		-0.42	0.01	-0.09	0.24	-0.23	0.05	-0.45	-0.24	-0.91	-0.45	-0.44
Total Liab	0.97	0.95	0.75	0.93	0.6	0.97	0.78	0.79	0.97	0.98	0.96	0.01	-0.08	0.66	-0.42		-0.53	-0.19	-0.34	0.87	0.03	0.93	0.22	0.67	0.95	1.0
Deferred Long Term Liab	-0.49	-0.62	-0.51	-0.47	-0.27	-0.55	-0.31	-0.53	-0.43	-0.53	-0.66	0.56	0.61	-0.44	0.01	-0.53		-0.08	0.01	-0.56	0.06	-0.47	0.63	-0.18	-0.47	-0.54
Long Term Investments	-0.23	-0.26	-0.24	-0.24	-0.17	-0.28	-0.31	-0.27	-0.09	-0.15	-0.18	0.53	-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
Short Long Term Debt	-0.33	-0.24	0.1	-0.32	-0.26	-0.31	-0.16	-0.46	-0.35	-0.35	-0.25	-0.25	0.25	-0.52	0.24	-0.34	0.01	-0.06		-0.45	0.57	-0.32	-0.48	-0.3	-0.27	-0.33
Total Current Assets	0.89	0.86	0.66	0.88	0.71	0.89	0.64	0.99	0.79	0.83	0.89	-0.09	-0.21	0.83	-0.23	0.87	-0.56	-0.27	-0.45		-0.07	0.89	0.25	0.55	0.87	0.85
Short Term Debt	-0.01	0.03	0.63	-0.03	0.42	0.04	0.24	-0.1	0.03	-0.07	0.04	-0.05	0.22	-0.11	0.05	0.03	0.06	-0.23	0.57	-0.07		-0.04	-0.06	-0.04	0.04	0.03
Common Stock	0.99	0.92	0.66	1.0	0.51	0.97	0.77	0.83	0.85	0.92	0.94	0.0	0.05	0.63	-0.45	0.93	-0.47	-0.24	-0.32	0.89	-0.04		0.24	0.74	0.98	0.91
Property Plant Equipment	0.24	0.08	-0.03	0.24	0.33	0.16	0.15	0.25	0.3	0.2	0.05	0.66	0.48	0.28	-0.24	0.22	0.63	-0.2	-0.48	0.25	-0.06	0.24		0.28	0.22	0.2
Intangible Assets	0.74	0.53	0.4	0.76	0.36	0.74	0.45	0.51	0.6	0.67	0.56	-0.02	-0.03	0.36	-0.91	0.67	-0.18	-0.21	-0.3	0.55	-0.04	0.74	0.28		0.74	0.67
Good Will	0.99	0.94	0.71	0.98	0.52	0.99	0.8	0.79	0.88	0.94	0.95	-0.09	0.03	0.61	-0.45	0.95	-0.47	-0.36	-0.27	0.87	0.04	0.98	0.22	0.74		0.94
Short Long Term Debt Total	0.96	0.94	0.74	0.92	0.58	0.96	0.76	0.77	0.97	0.99	0.95	0.01	-0.09	0.64	-0.44	1.0	-0.54	-0.16	-0.33	0.85	0.03	0.91	0.2	0.67	0.94

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CAR GROUP Account Relationship Matchups

CAR GROUP fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	997.6M	1.2B	1.9B	4.7B	4.7B	4.9B
Other Current Liab	30.1M	27.6M	48.8M	96.3M	141.2M	148.3M
Total Current Liabilities	75.1M	98.1M	119.2M	192.8M	255.8M	268.6M
Total Stockholder Equity	290.8M	938.7M	1.0B	3.1B	2.9B	3.0B
Other Liab	31.4M	16.9M	37.0M	26.0M	30.0M	31.4M
Retained Earnings	197.2M	204.8M	243.5M	700.7M	691.8M	726.4M
Accounts Payable	6.0M	8.4M	11.0M	23.8M	30.7M	32.3M
Cash	179.9M	284.0M	117.5M	198.7M	308.3M	323.7M
Other Assets	22.8M	1.0	31.2M	39.3M	45.2M	47.5M
Long Term Debt	544.1M	43.2M	649.6M	1.1B	1.3B	1.3B
Net Receivables	37.4M	42.7M	65.4M	105.3M	146.4M	153.8M
Other Current Assets	13.0M	48.7M	25.2M	30.1M	45.8M	48.1M
Other Stockholder Equity	(347.1M)	(1.0)	(1.0B)	(3.2B)	106.0M	111.3M
Total Liab	706.0M	223.1M	847.7M	1.6B	1.7B	1.8B
Long Term Investments	91.9M	105.5M	954.5M	25.4M	22.7M	21.6M
Short Long Term Debt	174K	35K	113K	26.1M	35.5M	51.0M
Total Current Assets	240.9M	375.4M	211.3M	351.3M	503.6M	528.8M
Short Term Debt	6.8M	6.7M	8.2M	37.3M	46.1M	33.8M
Common Stock	149.8M	755.4M	770.0M	2.5B	2.5B	2.6B
Property Plant Equipment	65.3M	67.8M	71.1M	79.9M	71.9M	42.2M
Intangible Assets	583.2M	597.7M	603.3M	4.2B	974.7M	1.0B
Good Will	477.6M	480.0M	483.9M	3.1B	3.1B	3.2B
Short Long Term Debt Total	605.2M	106.6M	714.2M	1.2B	1.3B	1.4B
Property Plant And Equipment Net	66.7M	67.8M	71.1M	79.9M	58.6M	32.1M
Net Debt	425.3M	(177.4M)	596.7M	1.0B	1.0B	1.1B
Non Current Assets Total	756.7M	788.2M	1.6B	4.3B	4.2B	4.4B
Non Currrent Assets Other	(477.6M)	(480.0M)	(483.9M)	(3.1B)	19.6M	20.6M
Cash And Short Term Investments	179.9M	284.0M	117.5M	198.7M	308.3M	323.7M
Common Stock Shares Outstanding	258.9M	258.1M	285.2M	356.5M	377.7M	290.3M
Liabilities And Stockholders Equity	997.6M	1.2B	1.9B	4.7B	4.7B	4.9B
Non Current Liabilities Total	631.0M	125.0M	728.5M	1.4B	1.5B	1.6B
Property Plant And Equipment Gross	65.3M	131.2M	144.9M	175.9M	166.7M	175.0M
Current Deferred Revenue	11.1M	11.4M	11.0M	14.8M	17.9M	9.0M
Accumulated Other Comprehensive Income	(56.3M)	(21.4M)	(1.9M)	(83.5M)	(270.9M)	(257.4M)
Net Tangible Assets	(291.6M)	(288.4M)	341.0M	408.2M	469.5M	492.9M

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