Carvana Total Assets vs Capital Surpluse Analysis
| CVNA Stock | USD 259.36 10.98 4.42% |
Carvana financial indicator trend analysis is way more than just evaluating Carvana prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carvana is a good investment. Please check the relationship between Carvana Total Assets and its Capital Surpluse accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. 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.
Total Assets vs Capital Surpluse
Total Assets vs Capital Surpluse Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carvana Total Assets account and Capital Surpluse. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Carvana's Total Assets and Capital Surpluse is 0.94. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Capital Surpluse in the same time period over historical financial statements of Carvana Co, assuming nothing else is changed. The correlation between historical values of Carvana's Total Assets and Capital Surpluse is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Carvana Co are associated (or correlated) with its Capital Surpluse. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Surpluse has no effect on the direction of Total Assets i.e., Carvana's Total Assets and Capital Surpluse go up and down completely randomly.
Correlation Coefficient | 0.94 |
| Relationship Direction | Positive |
| Relationship Strength | Very Strong |
Total Assets
Total assets refers to the total amount of Carvana assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Carvana books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Capital Surpluse
Most indicators from Carvana's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Carvana 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 Carvana Co. 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. At present, Carvana's Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 588.3 M, whereas Selling General Administrative is forecasted to decline to about 812.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 176M | 486M | 632M | 663.6M | Depreciation And Amortization | 105M | 261M | 352M | 369.6M |
Carvana fundamental ratios Correlations
Click cells to compare fundamentals
Carvana Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Carvana fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 2.1B | 3.0B | 7.0B | 8.7B | 7.1B | 7.4B | |
| Total Current Liabilities | 864.9M | 467.1M | 2.9B | 2.6B | 1.5B | 1.0B | |
| Total Stockholder Equity | 98.1M | 387.6M | 306M | (518M) | 243M | 255.2M | |
| Net Tangible Assets | 81.5M | 372.6M | 293M | (588M) | (529.2M) | (502.7M) | |
| Accounts Payable | 234.4M | 67M | 141M | 216M | 224M | 116.5M | |
| Cash | 76.0M | 300.8M | 403M | 434M | 530M | 556.5M | |
| Net Receivables | 39.9M | 78.6M | 206M | 253M | 266M | 279.3M | |
| Common Stock Shares Outstanding | 46.8M | 65.0M | 82.8M | 100.8M | 200.6M | 210.6M | |
| Inventory | 762.7M | 1.0B | 3.1B | 1.9B | 1.2B | 978.3M | |
| Other Current Assets | 151.4M | 376.3M | 1.1B | 2.0B | 138M | 131.1M | |
| Total Liab | 1.9B | 2.2B | 6.5B | 9.8B | 7.5B | 7.8B | |
| Short Long Term Debt | 617.6M | 105.3M | 2.2B | 1.7B | 857M | 682.9M | |
| Total Current Assets | 1.4B | 1.9B | 4.9B | 4.6B | 3.3B | 1.9B | |
| Short Term Debt | 617.6M | 108.8M | 2.2B | 1.7B | 857M | 683.3M | |
| Common Stock | 133K | 145K | 152K | 173K | 155.7K | 147.9K | |
| Property Plant Equipment | 666.9M | 1.1B | 1.9B | 3.8B | 4.3B | 4.6B | |
| Short Long Term Debt Total | 1.6B | 1.9B | 5.8B | 8.8B | 6.7B | 7.0B | |
| Other Current Liab | 6.5M | 219.8M | 442M | 565M | 425M | 225.4M | |
| Other Liab | 1.8M | 1.4M | 31M | 78M | 70.2M | 44.7M | |
| Property Plant And Equipment Net | 666.9M | 1.1B | 1.9B | 3.8B | 3.4B | 3.6B | |
| Net Debt | 1.5B | 1.6B | 5.4B | 8.4B | 6.2B | 6.5B | |
| Retained Earnings | (183.0M) | (354.2M) | (489M) | (2.1B) | (1.6B) | (1.5B) | |
| Non Current Assets Total | 698.3M | 1.1B | 2.1B | 4.1B | 3.8B | 3.9B | |
| Cash And Short Term Investments | 76.0M | 300.8M | 403M | 434M | 896M | 940.8M | |
| Common Stock Total Equity | 133K | 145K | 152K | 173K | 155.7K | 147.9K | |
| Liabilities And Stockholders Equity | 2.1B | 3.0B | 7.0B | 8.7B | 7.1B | 3.7B | |
| Non Current Liabilities Total | 1.0B | 1.8B | 3.6B | 7.2B | 5.9B | 6.2B | |
| Other Stockholder Equity | 281.0M | 741.6M | 795M | 1.6B | 1.9B | 2.0B | |
| Property Plant And Equipment Gross | 666.9M | 1.1B | 1.9B | 3.8B | 4.2B | 4.4B | |
| Non Currrent Assets Other | 14.9M | 31.8M | 181M | 254M | 261M | 274.1M | |
| Long Term Debt | 883.1M | 1.6B | 3.2B | 6.6B | 5.4B | 5.7B | |
| Long Term Debt Total | 883.1M | 1.6B | 3.2B | 6.6B | 7.6B | 7.9B | |
| Non Current Liabilities Other | 1.8M | 148.9M | 392M | 78M | 70M | 97.1M | |
| Current Deferred Revenue | 6.4M | 16.9M | 34M | 23M | 30M | 31.5M | |
| Noncontrolling Interest In Consolidated Entity | 93.8M | 413.9M | 219M | (535M) | (481.5M) | (457.4M) | |
| Other Assets | 14.9M | 187.2M | 181M | 254M | 292.1M | 306.7M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Carvana offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Carvana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Carvana Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Carvana Co Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. 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. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Is Automotive Retail 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 Carvana. If investors know Carvana 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 Carvana 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 (0.82) | Earnings Share 2.49 | Revenue Per Share 106.047 | Quarterly Revenue Growth 0.318 | Return On Assets 0.0604 |
The market value of Carvana is measured differently than its book value, which is the value of Carvana that is recorded on the company's balance sheet. Investors also form their own opinion of Carvana's value that differs from its market value or its book value, called intrinsic value, which is Carvana's 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 Carvana's market value can be influenced by many factors that don't directly affect Carvana's 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 Carvana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carvana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carvana's 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.