CarGurus Selling General Administrative vs Other Operating Expenses Analysis

CARG Stock  USD 35.62  0.11  0.31%   
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 Selling General Administrative and its Other Operating Expenses 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.

Selling General Administrative vs Other Operating Expenses

Selling General Administrative vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarGurus Selling General Administrative account and Other Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between CarGurus' Selling General Administrative and Other Operating Expenses is 0.7. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of CarGurus, assuming nothing else is changed. The correlation between historical values of CarGurus' Selling General Administrative and Other Operating 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 Selling General Administrative of CarGurus are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Selling General Administrative i.e., CarGurus' Selling General Administrative and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

0.7
Relationship DirectionPositive 
Relationship StrengthSignificant

Selling General Administrative

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CarGurus. It is also known as CarGurus overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
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 Amortization50.6M56.4M60.3M63.3M
Interest Income120K3.8M15.7M16.5M

CarGurus fundamental ratios Correlations

0.430.940.980.50.910.730.83-0.660.840.860.880.880.930.720.950.710.840.490.270.730.910.910.950.86-0.62
0.430.610.350.760.16-0.140.07-0.35-0.030.620.260.120.30.080.40.770.360.10.48-0.120.250.170.530.170.03
0.940.610.870.720.830.660.79-0.470.690.970.690.820.860.630.840.860.840.390.470.680.870.830.920.86-0.48
0.980.350.870.370.910.720.81-0.740.870.770.940.870.930.750.980.590.830.50.210.70.90.910.950.81-0.62
0.50.760.720.370.360.20.36-0.20.190.750.230.390.310.050.370.90.380.140.380.250.440.430.50.47-0.33
0.910.160.830.910.360.910.96-0.550.950.780.80.970.90.750.890.530.860.440.230.90.990.960.860.95-0.62
0.73-0.140.660.720.20.910.96-0.260.920.640.590.950.770.630.660.360.690.40.091.00.880.880.630.95-0.55
0.830.070.790.810.360.960.96-0.330.920.790.640.970.870.710.760.470.820.430.270.960.960.920.770.97-0.51
-0.66-0.35-0.47-0.74-0.2-0.55-0.26-0.33-0.59-0.3-0.9-0.48-0.47-0.33-0.79-0.38-0.4-0.350.21-0.22-0.53-0.62-0.66-0.340.65
0.84-0.030.690.870.190.950.920.92-0.590.610.830.960.830.670.830.390.70.56-0.020.90.910.950.780.89-0.69
0.860.620.970.770.750.780.640.79-0.30.610.550.770.820.570.730.830.840.30.540.660.830.740.840.84-0.32
0.880.260.690.940.230.80.590.64-0.90.830.550.760.760.580.930.480.640.45-0.080.570.780.850.820.65-0.73
0.880.120.820.870.390.970.950.97-0.480.960.770.760.850.640.810.570.750.50.120.950.960.960.810.98-0.64
0.930.30.860.930.310.90.770.87-0.470.830.820.760.850.890.90.510.910.530.460.760.890.830.930.85-0.4
0.720.080.630.750.050.750.630.71-0.330.670.570.580.640.890.770.240.820.480.580.610.720.660.790.65-0.3
0.950.40.840.980.370.890.660.76-0.790.830.730.930.810.90.770.580.840.460.270.630.890.890.950.76-0.62
0.710.770.860.590.90.530.360.47-0.380.390.830.480.570.510.240.580.50.30.320.40.580.590.70.62-0.47
0.840.360.840.830.380.860.690.82-0.40.70.840.640.750.910.820.840.50.180.590.670.90.760.850.79-0.3
0.490.10.390.50.140.440.40.43-0.350.560.30.450.50.530.480.460.30.180.030.40.350.460.580.43-0.37
0.270.480.470.210.380.230.090.270.21-0.020.54-0.080.120.460.580.270.320.590.030.10.290.110.430.250.31
0.73-0.120.680.70.250.91.00.96-0.220.90.660.570.950.760.610.630.40.670.40.10.870.870.620.96-0.56
0.910.250.870.90.440.990.880.96-0.530.910.830.780.960.890.720.890.580.90.350.290.870.950.870.95-0.57
0.910.170.830.910.430.960.880.92-0.620.950.740.850.960.830.660.890.590.760.460.110.870.950.840.93-0.77
0.950.530.920.950.50.860.630.77-0.660.780.840.820.810.930.790.950.70.850.580.430.620.870.840.79-0.5
0.860.170.860.810.470.950.950.97-0.340.890.840.650.980.850.650.760.620.790.430.250.960.950.930.79-0.58
-0.620.03-0.48-0.62-0.33-0.62-0.55-0.510.65-0.69-0.32-0.73-0.64-0.4-0.3-0.62-0.47-0.3-0.370.31-0.56-0.57-0.77-0.5-0.58
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CarGurus Account Relationship Matchups

CarGurus fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets393.6M502.3M931.6M927.1M918.9M525.1M
Other Current Liab18.3M1.3M50.4M24.4M(3.7M)(3.5M)
Total Current Liabilities73.8M66.5M170.7M98.7M115.2M82.7M
Total Stockholder Equity256.9M373.6M516.8M734.6M616.9M359.6M
Other Liab2.2M3.4M23.7M5.4M6.2M8.6M
Net Tangible Assets237.7M333.6M437.4M560.8M645.0M677.2M
Property Plant And Equipment Net87.9M88.3M92.8M97.0M253.1M265.7M
Current Deferred Revenue10.0M9.1M12.8M12.2M21.3M22.4M
Net Debt9.7M(120.4M)(161.2M)(403.1M)(97.0M)(101.8M)
Retained Earnings51.9M129.4M129.3M323.0M354.1M371.9M
Accounts Payable36.7M21.6M66.2M32.5M47.9M35.4M
Cash59.9M190.3M231.9M469.5M291.4M178.0M
Non Current Assets Total174.7M170.3M368.5M369.7M527.7M554.1M
Non Currrent Assets Other14.4M13.1M14.2M17.4M20.4M11.6M
Other Assets67.6M102.8M33.4M62.2M71.6M44.2M
Cash And Short Term Investments171.6M290.3M321.9M469.5M312.1M244.0M
Net Receivables22.1M18.2M189.3M46.8M40.0M43.4M
Common Stock Total Equity111K112K113K118K135.7K105.2K
Common Stock Shares Outstanding113.4M113.8M117.1M128.2M114.2M119.1M
Short Term Investments111.7M100M90M0.020.7M19.7M
Liabilities And Stockholders Equity393.6M502.3M931.6M927.1M918.9M525.1M
Non Current Liabilities Total63.0M62.2M81.2M57.0M186.9M196.2M
Capital Surpluse205.2M242.2M387.9M413.1M475.1M498.8M
Other Current Assets5.0M23.4M32.2M35.8M38.8M40.8M
Other Stockholder Equity205.2M242.2M387.9M413.1M263.5M209.1M
Total Liab136.8M128.7M251.9M155.7M302.1M317.2M
Deferred Long Term Liab10.5M291K58K54K48.6K46.2K
Property Plant And Equipment Gross87.9M88.3M92.8M97.0M312.0M327.6M
Total Current Assets219.0M332.0M563.1M557.4M391.2M314.0M
Accumulated Other Comprehensive Income(350K)1.9M(403K)(1.6M)(901K)(856.0K)
Common Stock111K112K113K118K108K106.7K
Property Plant Equipment87.9M27.5M32.2M40.1M46.1M34.2M
Non Current Liabilities Other1.9M61.9M81.2M57.0M4.7M4.5M
Retained Earnings Total Equity51.9M129.4M129.3M323.0M371.5M390.1M
Inventory20.2M(100M)19.7M5.3M331K347.6K
Net Invested Capital256.9M373.6M516.8M734.6M616.9M443.1M
Net Working Capital145.2M265.4M392.4M458.6M276.0M280.2M

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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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.