CarGurus Capital Expenditures vs Stock Based Compensation Analysis
CARG Stock | USD 37.82 0.18 0.48% |
CarGurus financial indicator trend analysis is way more than just evaluating CarGurus prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CarGurus is a good investment. Please check the relationship between CarGurus Capital Expenditures and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.
Capital Expenditures vs Stock Based Compensation
Capital Expenditures vs Stock Based Compensation Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarGurus Capital Expenditures account and Stock Based Compensation. At this time, the significance of the direction appears to have strong relationship.
The correlation between CarGurus' Capital Expenditures and Stock Based Compensation is 0.62. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of CarGurus, assuming nothing else is changed. The correlation between historical values of CarGurus' Capital Expenditures and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of CarGurus are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Capital Expenditures i.e., CarGurus' Capital Expenditures and Stock Based Compensation go up and down completely randomly.
Correlation Coefficient | 0.62 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Capital Expenditures
Capital Expenditures are funds used by CarGurus to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of CarGurus operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.Most indicators from CarGurus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CarGurus 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 CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.The CarGurus' current Tax Provision is estimated to increase to about 34.4 M. The CarGurus' current Selling General Administrative is estimated to increase to about 160.4 M
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 50.6M | 56.4M | 48.5M | 50.9M | Interest Income | 120K | 3.8M | 15.7M | 16.5M |
CarGurus fundamental ratios Correlations
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CarGurus Account Relationship Matchups
High Positive Relationship
High Negative Relationship
CarGurus fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 393.6M | 502.3M | 931.6M | 927.1M | 918.9M | 525.1M | |
Other Current Liab | 18.3M | 1.3M | 50.4M | 24.4M | (3.7M) | (3.5M) | |
Total Current Liabilities | 73.8M | 66.5M | 170.7M | 98.7M | 115.2M | 82.7M | |
Total Stockholder Equity | 256.9M | 373.6M | 516.8M | 734.6M | 616.9M | 359.6M | |
Other Liab | 2.2M | 3.4M | 23.7M | 5.4M | 6.2M | 8.6M | |
Net Tangible Assets | 237.7M | 333.6M | 437.4M | 560.8M | 645.0M | 677.2M | |
Property Plant And Equipment Net | 87.9M | 88.3M | 92.8M | 97.0M | 253.1M | 265.7M | |
Current Deferred Revenue | 10.0M | 9.1M | 12.8M | 12.2M | 21.3M | 22.4M | |
Net Debt | 9.7M | (120.4M) | (161.2M) | (403.1M) | (97.0M) | (101.8M) | |
Retained Earnings | 51.9M | 129.4M | 129.3M | 323.0M | 354.1M | 371.9M | |
Accounts Payable | 36.7M | 21.6M | 66.2M | 32.5M | 47.9M | 35.4M | |
Cash | 59.9M | 190.3M | 231.9M | 469.5M | 291.4M | 178.0M | |
Non Current Assets Total | 174.7M | 170.3M | 368.5M | 369.7M | 527.7M | 554.1M | |
Non Currrent Assets Other | 14.4M | 13.1M | 14.2M | 17.4M | 20.4M | 11.6M | |
Other Assets | 67.6M | 102.8M | 33.4M | 62.2M | 71.6M | 44.2M | |
Cash And Short Term Investments | 171.6M | 290.3M | 321.9M | 469.5M | 312.1M | 244.0M | |
Net Receivables | 22.1M | 18.2M | 189.3M | 46.8M | 40.0M | 43.4M | |
Common Stock Total Equity | 111K | 112K | 113K | 118K | 135.7K | 105.2K | |
Common Stock Shares Outstanding | 113.4M | 113.8M | 117.1M | 128.2M | 114.2M | 119.1M | |
Short Term Investments | 111.7M | 100M | 90M | 0.0 | 20.7M | 19.7M | |
Liabilities And Stockholders Equity | 393.6M | 502.3M | 931.6M | 927.1M | 918.9M | 525.1M | |
Non Current Liabilities Total | 63.0M | 62.2M | 81.2M | 57.0M | 186.9M | 196.2M | |
Capital Surpluse | 205.2M | 242.2M | 387.9M | 413.1M | 475.1M | 498.8M | |
Other Current Assets | 5.0M | 23.4M | 32.2M | 35.8M | 38.8M | 40.8M | |
Other Stockholder Equity | 205.2M | 242.2M | 387.9M | 413.1M | 263.5M | 209.1M | |
Total Liab | 136.8M | 128.7M | 251.9M | 155.7M | 302.1M | 317.2M | |
Deferred Long Term Liab | 10.5M | 291K | 58K | 54K | 48.6K | 46.2K | |
Property Plant And Equipment Gross | 87.9M | 88.3M | 92.8M | 97.0M | 312.0M | 327.6M | |
Total Current Assets | 219.0M | 332.0M | 563.1M | 557.4M | 391.2M | 314.0M | |
Accumulated Other Comprehensive Income | (350K) | 1.9M | (403K) | (1.6M) | (901K) | (856.0K) | |
Common Stock | 111K | 112K | 113K | 118K | 108K | 106.7K | |
Property Plant Equipment | 87.9M | 27.5M | 32.2M | 40.1M | 46.1M | 34.2M | |
Non Current Liabilities Other | 1.9M | 61.9M | 81.2M | 57.0M | 4.7M | 4.5M | |
Retained Earnings Total Equity | 51.9M | 129.4M | 129.3M | 323.0M | 371.5M | 390.1M | |
Inventory | 20.2M | (100M) | 19.7M | 5.3M | 331K | 347.6K | |
Net Invested Capital | 256.9M | 373.6M | 516.8M | 734.6M | 616.9M | 443.1M | |
Net Working Capital | 145.2M | 265.4M | 392.4M | 458.6M | 276.0M | 280.2M |
Currently Active Assets on Macroaxis
When determining whether CarGurus is a strong investment it is important to analyze CarGurus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CarGurus' future performance. For an informed investment choice regarding CarGurus Stock, refer to the following important reports:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Interactive Media & Services 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 CarGurus. If investors know CarGurus 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 CarGurus 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 0.265 | Earnings Share (0.45) | Revenue Per Share 8.361 | Quarterly Revenue Growth 0.054 | Return On Assets 0.0563 |
The market value of CarGurus is measured differently than its book value, which is the value of CarGurus that is recorded on the company's balance sheet. Investors also form their own opinion of CarGurus' value that differs from its market value or its book value, called intrinsic value, which is CarGurus' 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 CarGurus' market value can be influenced by many factors that don't directly affect CarGurus' 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 CarGurus' value and its price as these two are different measures arrived at by different means. Investors typically determine if CarGurus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarGurus' 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.