Americas Net Debt vs Good Will Analysis

CRMT Stock

USD 47.40 2.53 5.64%

Americas Car financial indicator trend analysis is way more than just evaluating Americas Car Mart prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Americas Car Mart is a good investment. Please check the relationship between Americas Car Net Debt and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Americas Car Mart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Net Debt vs Good Will

Net Debt vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Americas Car Mart Net Debt account and Good Will. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Americas Car's Net Debt and Good Will is 0.96. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Good Will in the same time period over historical financial statements of Americas Car Mart, assuming nothing else is changed. The correlation between historical values of Americas Car's Net Debt and Good Will 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 Debt of Americas Car Mart are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Debt i.e., Americas Car's Net Debt and Good Will go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Most indicators from Americas Car's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Americas Car Mart 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 Americas Car Mart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At this time, Americas Car's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.28 in 2024, despite the fact that Tax Provision is likely to grow to (8.3 M).

	2021	2022	2023	2024 (projected)
Gross Profit	548.7M	599.6M	628.5M	659.9M
Total Revenue	1.2B	1.4B	1.4B	1.5B

Gross Profit Total Revenue

Americas Car fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity
Total Assets		0.96	-0.67	0.49	0.88	0.96	0.98	0.95	0.16	0.98	0.45	0.16	1.0	0.95	-0.19	0.95	0.97	0.93	-0.64	0.99	0.98	1.0	0.71	-0.45	0.95	0.69
Short Long Term Debt Total	0.96		-0.76	0.69	0.7	0.89	0.94	0.86	0.15	0.95	0.5	0.15	0.95	0.92	-0.26	0.85	0.9	0.91	-0.81	0.99	0.94	0.95	0.88	-0.31	0.92	0.57
Other Current Liab	-0.67	-0.76		-0.55	-0.36	-0.49	-0.72	-0.51	0.1	-0.61	-0.61	0.1	-0.68	-0.6	0.14	-0.61	-0.53	-0.78	0.62	-0.74	-0.59	-0.67	-0.75	0.2	-0.63	-0.38
Total Current Liabilities	0.49	0.69	-0.55		0.1	0.44	0.42	0.43	0.07	0.51	0.13	0.07	0.49	0.42	-0.18	0.21	0.45	0.38	-0.9	0.59	0.47	0.48	0.94	-0.11	0.6	0.24
Total Stockholder Equity	0.88	0.7	-0.36	0.1		0.89	0.84	0.93	0.17	0.84	0.22	0.17	0.88	0.81	0.0	0.9	0.9	0.75	-0.28	0.78	0.87	0.88	0.32	-0.63	0.83	0.77
Property Plant And Equipment Net	0.96	0.89	-0.49	0.44	0.89		0.91	0.94	0.35	0.98	0.34	0.35	0.94	0.96	-0.22	0.91	0.94	0.83	-0.59	0.93	0.98	0.95	0.64	-0.43	0.91	0.67
Net Debt	0.98	0.94	-0.72	0.42	0.84	0.91		0.88	0.1	0.96	0.59	0.1	0.98	0.96	-0.23	0.97	0.93	0.98	-0.61	0.98	0.96	0.98	0.68	-0.35	0.88	0.62
Retained Earnings	0.95	0.86	-0.51	0.43	0.93	0.94	0.88		0.24	0.92	0.2	0.24	0.95	0.86	-0.14	0.88	0.94	0.78	-0.54	0.9	0.93	0.95	0.6	-0.59	0.97	0.78
Cash	0.16	0.15	0.1	0.07	0.17	0.35	0.1	0.24		0.29	-0.06	1.0	0.12	0.27	-0.2	0.15	0.05	0.01	0.02	0.15	0.25	0.14	0.08	-0.11	0.13	0.22
Non Current Assets Total	0.98	0.95	-0.61	0.51	0.84	0.98	0.96	0.92	0.29		0.47	0.29	0.97	0.98	-0.25	0.92	0.94	0.9	-0.68	0.97	0.99	0.97	0.73	-0.37	0.91	0.64
Non Currrent Assets Other	0.45	0.5	-0.61	0.13	0.22	0.34	0.59	0.2	-0.06	0.47		-0.06	0.44	0.56	-0.12	0.54	0.31	0.68	-0.4	0.51	0.42	0.45	0.39	0.08	0.23	0.15
Cash And Short Term Investments	0.16	0.15	0.1	0.07	0.17	0.35	0.1	0.24	1.0	0.29	-0.06		0.12	0.27	-0.2	0.15	0.05	0.01	0.02	0.15	0.25	0.14	0.08	-0.11	0.13	0.22
Net Receivables	1.0	0.95	-0.68	0.49	0.88	0.94	0.98	0.95	0.12	0.97	0.44	0.12		0.94	-0.17	0.94	0.97	0.93	-0.64	0.98	0.97	1.0	0.71	-0.47	0.95	0.7
Good Will	0.95	0.92	-0.6	0.42	0.81	0.96	0.96	0.86	0.27	0.98	0.56	0.27	0.94		-0.34	0.94	0.9	0.92	-0.64	0.95	0.97	0.95	0.67	-0.24	0.85	0.57
Common Stock Shares Outstanding	-0.19	-0.26	0.14	-0.18	0.0	-0.22	-0.23	-0.14	-0.2	-0.25	-0.12	-0.2	-0.17	-0.34		-0.21	-0.18	-0.22	0.25	-0.24	-0.24	-0.18	-0.24	-0.64	-0.2	0.04
Non Current Liabilities Total	0.95	0.85	-0.61	0.21	0.9	0.91	0.97	0.88	0.15	0.92	0.54	0.15	0.94	0.94	-0.21		0.91	0.95	-0.43	0.91	0.94	0.95	0.5	-0.38	0.83	0.64
Inventory	0.97	0.9	-0.53	0.45	0.9	0.94	0.93	0.94	0.05	0.94	0.31	0.05	0.97	0.9	-0.18	0.91		0.87	-0.6	0.94	0.96	0.97	0.64	-0.43	0.93	0.66
Other Current Assets	0.93	0.91	-0.78	0.38	0.75	0.83	0.98	0.78	0.01	0.9	0.68	0.01	0.93	0.92	-0.22	0.95	0.87		-0.58	0.94	0.91	0.93	0.66	-0.26	0.79	0.52
Other Stockholder Equity	-0.64	-0.81	0.62	-0.9	-0.28	-0.59	-0.61	-0.54	0.02	-0.68	-0.4	0.02	-0.64	-0.64	0.25	-0.43	-0.6	-0.58		-0.74	-0.62	-0.64	-0.94	0.08	-0.69	-0.29
Total Liab	0.99	0.99	-0.74	0.59	0.78	0.93	0.98	0.9	0.15	0.97	0.51	0.15	0.98	0.95	-0.24	0.91	0.94	0.94	-0.74		0.97	0.98	0.81	-0.36	0.93	0.62
Property Plant And Equipment Gross	0.98	0.94	-0.59	0.47	0.87	0.98	0.96	0.93	0.25	0.99	0.42	0.25	0.97	0.97	-0.24	0.94	0.96	0.91	-0.62	0.97		0.98	0.69	-0.37	0.91	0.64
Total Current Assets	1.0	0.95	-0.67	0.48	0.88	0.95	0.98	0.95	0.14	0.97	0.45	0.14	1.0	0.95	-0.18	0.95	0.97	0.93	-0.64	0.98	0.98		0.71	-0.46	0.95	0.69
Short Term Debt	0.71	0.88	-0.75	0.94	0.32	0.64	0.68	0.6	0.08	0.73	0.39	0.08	0.71	0.67	-0.24	0.5	0.64	0.66	-0.94	0.81	0.69	0.71		-0.15	0.75	0.35
Intangible Assets	-0.45	-0.31	0.2	-0.11	-0.63	-0.43	-0.35	-0.59	-0.11	-0.37	0.08	-0.11	-0.47	-0.24	-0.64	-0.38	-0.43	-0.26	0.08	-0.36	-0.37	-0.46	-0.15		-0.51	-0.72
Accounts Payable	0.95	0.92	-0.63	0.6	0.83	0.91	0.88	0.97	0.13	0.91	0.23	0.13	0.95	0.85	-0.2	0.83	0.93	0.79	-0.69	0.93	0.91	0.95	0.75	-0.51		0.71
Common Stock Total Equity	0.69	0.57	-0.38	0.24	0.77	0.67	0.62	0.78	0.22	0.64	0.15	0.22	0.7	0.57	0.04	0.64	0.66	0.52	-0.29	0.62	0.64	0.69	0.35	-0.72	0.71

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Americas Car Account Relationship Matchups

Americas Car fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	667.3M	822.2M	1.1B	1.4B	1.5B	1.6B
Short Long Term Debt Total	278.4M	290.6M	502.1M	1.1B	818.7M	859.6M
Other Current Liab	9.5M	30.9M	7.6M	(80.3M)	(75.2M)	(71.4M)
Total Current Liabilities	22.6M	25.3M	27.7M	638.6M	73.2M	38.0M
Total Stockholder Equity	302.8M	406.5M	469.4M	297.4M	471.1M	494.6M
Property Plant And Equipment Net	90.9M	95.1M	110.3M	120.8M	121.5M	127.6M
Net Debt	218.8M	287.7M	495.2M	628.8M	813.2M	853.8M
Retained Earnings	460.9M	565.0M	658.2M	685.8M	654.4M	687.1M
Cash	59.6M	2.9M	6.9M	9.8M	5.5M	4.7M
Non Current Assets Total	97.7M	102.4M	118.9M	169.3M	167.3M	175.6M
Non Currrent Assets Other	(13.0M)	(20.0M)	(28.2M)	(2.5M)	31.3M	25.0M
Cash And Short Term Investments	59.6M	2.9M	6.9M	9.8M	5.5M	4.7M
Net Receivables	469.2M	628.5M	859.5M	1.1B	1.1B	1.2B
Good Will	6.8M	7.3M	8.6M	11.7M	14.4M	15.2M
Common Stock Shares Outstanding	6.9M	7.0M	6.8M	6.6M	6.4M	8.2M
Liabilities And Stockholders Equity	667.3M	822.2M	1.1B	1.4B	1.5B	1.6B
Non Current Liabilities Total	341.6M	389.9M	647.9M	484.4M	933.3M	979.9M
Inventory	36.4M	82.3M	115.3M	109.3M	107.5M	112.8M
Other Current Assets	4.4M	6.1M	44.7M	58.2M	88.9M	93.4M
Other Stockholder Equity	88.3M	(158.7M)	102.8M	(686.3M)	(183.9M)	(174.7M)
Total Liab	364.6M	415.7M	675.9M	1.1B	1.0B	1.1B
Property Plant And Equipment Gross	90.9M	95.1M	151.3M	165.9M	171.5M	180.0M
Total Current Assets	569.7M	719.8M	1.0B	1.3B	1.3B	1.4B
Accumulated Other Comprehensive Income	(246.9M)	(257.5M)	(292.2M)	297.4M	400K	420K
Short Term Debt	24.5M	1.8M	43.9M	638.6M	200.8M	210.9M
Accounts Payable	13.1M	18.2M	20.1M	27.2M	21.4M	22.4M
Common Stock Total Equity	134K	135K	136K	137K	157.6K	126.9K
Common Stock	134K	135K	136K	137K	157.6K	127.8K
Other Liab	49.1M	189.7M	235.3M	159.8M	183.8M	192.9M
Other Assets	37.8M	105.2M	111.9M	1.1B	1.3B	1.4B
Long Term Debt	215.1M	225.9M	396.0M	471.4M	553.6M	581.3M
Property Plant Equipment	30.1M	34.7M	51.4M	61.7M	70.9M	74.5M
Current Deferred Revenue	24.5M	32.7M	43.9M	53.1M	120.8M	126.8M
Treasury Stock	(230.9M)	(246.9M)	(257.5M)	(292.2M)	(263.0M)	(249.9M)
Net Tangible Assets	296.2M	399.5M	469.4M	487.1M	560.2M	314.7M
Retained Earnings Total Equity	460.9M	565.0M	658.2M	685.8M	788.7M	411.7M
Capital Surpluse	88.6M	98.8M	103.1M	109.9M	126.4M	83.5M

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