KAR Gross Profit vs Total Revenue Analysis

KAR Stock

USD 20.20 0.26 1.30%

KAR Auction financial indicator trend analysis is infinitely more than just investigating KAR Auction Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KAR Auction Services is a good investment. Please check the relationship between KAR Auction Gross Profit and its Total Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KAR Auction Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Gross Profit vs Total Revenue

Gross Profit vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KAR Auction Services Gross Profit account and Total Revenue. At this time, the significance of the direction appears to have totally related.

The correlation between KAR Auction's Gross Profit and Total Revenue is 1.0. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Total Revenue in the same time period over historical financial statements of KAR Auction Services, assuming nothing else is changed. The correlation between historical values of KAR Auction's Gross Profit and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of KAR Auction Services are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Gross Profit i.e., KAR Auction's Gross Profit and Total Revenue go up and down completely randomly.

Correlation Coefficient

1.0

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Gross Profit

Gross profit is a required income statement account that reflects total revenue of KAR Auction Services minus its cost of goods sold. It is profit before KAR Auction operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Total Revenue

Total revenue comprises all receipts KAR Auction Services generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most indicators from KAR Auction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into KAR Auction Services 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KAR Auction Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

At this time, KAR Auction's Selling General Administrative is relatively stable compared to the past year. As of 11/26/2024, Sales General And Administrative To Revenue is likely to grow to 0.22, while Discontinued Operations is likely to drop slightly above 116.2 M.

	2021	2022	2023	2024 (projected)
Interest Expense	126.6M	119.2M	155.8M	115.3M
Depreciation And Amortization	109.9M	100.2M	101.5M	145.9M

Interest Expense Depreciation And Amortization

KAR Auction fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.45	0.7	0.71	0.32	0.81	0.56	0.35	0.41	0.92	0.53	0.56	-0.34	0.42	0.36	0.53	0.72	0.9	0.14	0.29	0.4	0.37	0.18	0.65	-0.16	0.95
Short Long Term Debt Total	0.45		0.03	-0.12	-0.45	0.54	0.95	0.97	-0.43	0.21	0.42	0.92	0.3	0.33	0.99	0.42	-0.09	0.56	0.58	0.2	-0.07	0.99	0.6	0.11	0.4	0.57
Other Current Liab	0.7	0.03		0.87	0.44	0.47	0.18	-0.03	0.47	0.81	0.26	0.05	-0.63	-0.04	-0.04	0.26	0.88	0.42	0.1	0.28	0.55	-0.03	-0.24	0.48	-0.14	0.63
Total Current Liabilities	0.71	-0.12	0.87		0.69	0.55	0.03	-0.21	0.73	0.91	0.3	-0.08	-0.59	0.21	-0.21	0.3	0.99	0.44	-0.17	0.0	0.61	-0.21	-0.18	0.61	-0.48	0.57
Total Stockholder Equity	0.32	-0.45	0.44	0.69		0.34	-0.27	-0.58	0.81	0.5	0.36	-0.36	-0.47	0.09	-0.56	0.36	0.66	0.16	-0.38	-0.28	0.49	-0.53	-0.05	0.51	-0.59	0.03
Other Liab	0.81	0.54	0.47	0.55	0.34		0.64	0.45	0.19	0.73	0.53	0.64	-0.19	0.4	0.45	0.53	0.52	0.83	0.25	0.13	0.3	0.47	0.3	0.67	-0.04	0.74
Property Plant And Equipment Net	0.56	0.95	0.18	0.03	-0.27	0.64		0.89	-0.32	0.36	0.53	0.92	0.1	0.35	0.91	0.53	0.04	0.63	0.64	0.31	-0.01	0.93	0.63	0.19	0.39	0.64
Net Debt	0.35	0.97	-0.03	-0.21	-0.58	0.45	0.89		-0.56	0.11	0.2	0.92	0.33	0.23	0.99	0.2	-0.18	0.51	0.6	0.23	-0.17	0.98	0.47	0.09	0.48	0.51
Retained Earnings	0.41	-0.43	0.47	0.73	0.81	0.19	-0.32	-0.56		0.6	0.38	-0.41	-0.25	0.19	-0.54	0.38	0.71	0.17	-0.66	-0.4	0.58	-0.54	-0.03	0.47	-0.87	0.21
Accounts Payable	0.92	0.21	0.81	0.91	0.5	0.73	0.36	0.11	0.6		0.49	0.27	-0.46	0.46	0.12	0.49	0.91	0.7	-0.02	0.13	0.58	0.13	0.04	0.66	-0.36	0.84
Cash	0.53	0.42	0.26	0.3	0.36	0.53	0.53	0.2	0.38	0.49		0.32	-0.03	0.5	0.31	1.0	0.31	0.37	0.13	-0.03	0.39	0.34	0.71	0.1	-0.2	0.42
Non Current Assets Total	0.56	0.92	0.05	-0.08	-0.36	0.64	0.92	0.92	-0.41	0.27	0.32		0.17	0.3	0.91	0.32	-0.08	0.76	0.6	0.37	-0.17	0.92	0.49	0.28	0.44	0.65
Non Currrent Assets Other	-0.34	0.3	-0.63	-0.59	-0.47	-0.19	0.1	0.33	-0.25	-0.46	-0.03	0.17		0.0	0.32	-0.03	-0.59	-0.17	-0.31	-0.58	-0.02	0.29	0.34	-0.1	-0.15	-0.22
Other Assets	0.42	0.33	-0.04	0.21	0.09	0.4	0.35	0.23	0.19	0.46	0.5	0.3	0.0		0.31	0.5	0.23	0.35	0.03	-0.01	0.23	0.3	0.31	0.16	-0.18	0.42
Long Term Debt	0.36	0.99	-0.04	-0.21	-0.56	0.45	0.91	0.99	-0.54	0.12	0.31	0.91	0.32	0.31		0.31	-0.18	0.5	0.6	0.25	-0.12	1.0	0.52	0.05	0.48	0.52
Cash And Short Term Investments	0.53	0.42	0.26	0.3	0.36	0.53	0.53	0.2	0.38	0.49	1.0	0.32	-0.03	0.5	0.31		0.31	0.37	0.13	-0.03	0.39	0.34	0.71	0.1	-0.2	0.42
Net Receivables	0.72	-0.09	0.88	0.99	0.66	0.52	0.04	-0.18	0.71	0.91	0.31	-0.08	-0.59	0.23	-0.18	0.31		0.43	-0.17	0.01	0.64	-0.17	-0.2	0.6	-0.46	0.59
Good Will	0.9	0.56	0.42	0.44	0.16	0.83	0.63	0.51	0.17	0.7	0.37	0.76	-0.17	0.35	0.5	0.37	0.43		0.23	0.33	0.14	0.5	0.22	0.68	0.02	0.87
Common Stock Total Equity	0.14	0.58	0.1	-0.17	-0.38	0.25	0.64	0.6	-0.66	-0.02	0.13	0.6	-0.31	0.03	0.6	0.13	-0.17	0.23		0.75	-0.44	0.64	0.25	-0.29	0.87	0.2
Common Stock Shares Outstanding	0.29	0.2	0.28	0.0	-0.28	0.13	0.31	0.23	-0.4	0.13	-0.03	0.37	-0.58	-0.01	0.25	-0.03	0.01	0.33	0.75		-0.41	0.27	-0.13	-0.22	0.74	0.34
Short Term Investments	0.4	-0.07	0.55	0.61	0.49	0.3	-0.01	-0.17	0.58	0.58	0.39	-0.17	-0.02	0.23	-0.12	0.39	0.64	0.14	-0.44	-0.41		-0.13	-0.13	0.55	-0.53	0.33
Non Current Liabilities Total	0.37	0.99	-0.03	-0.21	-0.53	0.47	0.93	0.98	-0.54	0.13	0.34	0.92	0.29	0.3	1.0	0.34	-0.17	0.5	0.64	0.27	-0.13		0.55	0.05	0.5	0.52
Inventory	0.18	0.6	-0.24	-0.18	-0.05	0.3	0.63	0.47	-0.03	0.04	0.71	0.49	0.34	0.31	0.52	0.71	-0.2	0.22	0.25	-0.13	-0.13	0.55		-0.16	-0.01	0.15
Other Current Assets	0.65	0.11	0.48	0.61	0.51	0.67	0.19	0.09	0.47	0.66	0.1	0.28	-0.1	0.16	0.05	0.1	0.6	0.68	-0.29	-0.22	0.55	0.05	-0.16		-0.4	0.56
Other Stockholder Equity	-0.16	0.4	-0.14	-0.48	-0.59	-0.04	0.39	0.48	-0.87	-0.36	-0.2	0.44	-0.15	-0.18	0.48	-0.2	-0.46	0.02	0.87	0.74	-0.53	0.5	-0.01	-0.4		-0.03
Total Liab	0.95	0.57	0.63	0.57	0.03	0.74	0.64	0.51	0.21	0.84	0.42	0.65	-0.22	0.42	0.52	0.42	0.59	0.87	0.2	0.34	0.33	0.52	0.15	0.56	-0.03

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KAR Auction Account Relationship Matchups

KAR Auction fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.6B	6.8B	7.4B	5.1B	4.7B	6.1B
Short Long Term Debt Total	2.2B	2.2B	2.2B	573.7M	427.4M	406.0M
Other Current Liab	2.5B	1.5B	2.2B	1.8B	1.7B	1.6B
Total Current Liabilities	2.5B	2.3B	3.0B	2.6B	2.5B	2.0B
Total Stockholder Equity	1.7B	2.2B	2.1B	2.1B	1.9B	1.7B
Other Liab	179.7M	733.8M	761.6M	59.9M	68.9M	65.4M
Property Plant And Equipment Net	973.1M	940.5M	904.9M	208.4M	245.7M	233.4M
Net Debt	1.7B	1.5B	2.0B	348M	333.9M	317.2M
Retained Earnings	651M	600.7M	625.7M	822.9M	624.4M	655.6M
Accounts Payable	704.6M	688.9M	785.3M	551.2M	556.6M	571.8M
Cash	507.6M	752.1M	190M	225.7M	93.5M	88.8M
Non Current Assets Total	3.3B	3.6B	4.1B	2.1B	1.9B	2.7B
Non Currrent Assets Other	35.5M	40.8M	56.4M	57.3M	3M	2.9M
Other Assets	35.5M	604M	56.4M	57.3M	65.9M	62.6M
Long Term Debt	1.9B	1.9B	1.8B	205.3M	202.4M	192.3M
Cash And Short Term Investments	507.6M	752.1M	190M	225.7M	93.5M	88.8M
Net Receivables	2.6B	2.3B	2.9B	2.7B	2.6B	2.0B
Good Will	1.8B	2.1B	2.6B	1.5B	1.3B	2.0B
Common Stock Shares Outstanding	132.9M	129.3M	123M	116.3M	109.1M	141.4M
Liabilities And Stockholders Equity	6.6B	6.8B	7.4B	5.1B	4.7B	6.1B
Non Current Liabilities Total	2.4B	2.4B	2.3B	345.8M	308M	292.6M
Inventory	53.3M	60.2M	25.8M	15.5M	1.0	0.95
Other Current Assets	125.9M	166.9M	326.9M	130.9M	174.6M	159.1M
Other Stockholder Equity	997.9M	1.0B	910.8M	743.8M	738.2M	955.2M
Total Liab	4.9B	4.6B	5.3B	3.0B	3.4B	4.5B
Property Plant And Equipment Gross	973.1M	940.5M	904.9M	208.4M	432.9M	594.4M
Total Current Assets	3.2B	3.2B	3.4B	3.0B	2.8B	2.5B
Accumulated Other Comprehensive Income	(31M)	(32.7M)	(24.7M)	(49.5M)	(36.7M)	(34.9M)
Short Term Debt	28.8M	24.3M	16.3M	288.7M	166.5M	174.8M
Intangible Assets	541.9M	542.3M	575.6M	424.5M	317.6M	518.8M
Property Plant Equipment	609M	589.9M	904.9M	123.6M	111.2M	105.7M
Current Deferred Revenue	(704.6M)	(688.9M)	(1.0B)	54M	135.7M	142.5M
Net Tangible Assets	(677.9M)	(476.1M)	(1.6B)	299.1M	344.0M	361.2M
Retained Earnings Total Equity	651M	600.7M	625.7M	822.9M	946.3M	993.7M
Long Term Debt Total	1.9B	1.9B	1.8B	205.3M	184.8M	175.5M
Capital Surpluse	1.0B	1.0B	910.8M	743.8M	669.4M	990.7M
Deferred Long Term Liab	134.5M	128.6M	138.4M	54M	48.6M	46.2M

Pair Trading with KAR Auction

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KAR Auction position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KAR Auction will appreciate offsetting losses from the drop in the long position's value.

Moving together with KAR Stock

0.87

DRVN

Driven Brands Holdings

Pair Corr

Moving against KAR Stock

0.73	PFMT	Performant Financial	Pair Corr
0.65	CVEO	Civeo Corp	Pair Corr
0.62	GP	GreenPower Motor	Pair Corr
0.6	W	Wayfair Buyout Trend	Pair Corr
0.57	DIBS	1StdibsCom	Pair Corr

The ability to find closely correlated positions to KAR Auction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KAR Auction when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KAR Auction - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KAR Auction Services to buy it.

The correlation of KAR Auction is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KAR Auction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KAR Auction Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for KAR Auction can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for KAR Stock Analysis

When running KAR Auction's price analysis, check to measure KAR Auction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KAR Auction is operating at the current time. Most of KAR Auction's value examination focuses on studying past and present price action to predict the probability of KAR Auction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KAR Auction's price. Additionally, you may evaluate how the addition of KAR Auction to your portfolios can decrease your overall portfolio volatility.

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