TrueCar Net Income Per Share vs Capex To Depreciation Analysis

TRUE Stock  USD 3.62  0.17  4.93%   
TrueCar financial indicator trend analysis is much more than just breaking down TrueCar prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TrueCar is a good investment. Please check the relationship between TrueCar Net Income Per Share and its Capex To Depreciation accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueCar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.

Net Income Per Share vs Capex To Depreciation

Net Income Per Share vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TrueCar Net Income Per Share account and Capex To Depreciation. At this time, the significance of the direction appears to have weak relationship.
The correlation between TrueCar's Net Income Per Share and Capex To Depreciation is 0.38. Overlapping area represents the amount of variation of Net Income Per Share that can explain the historical movement of Capex To Depreciation in the same time period over historical financial statements of TrueCar, assuming nothing else is changed. The correlation between historical values of TrueCar's Net Income Per Share and Capex To Depreciation 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 Income Per Share of TrueCar are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Net Income Per Share i.e., TrueCar's Net Income Per Share and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.38
Relationship DirectionPositive 
Relationship StrengthVery Weak

Net Income Per Share

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
Most indicators from TrueCar's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TrueCar 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 World Market Map to better understand how to build diversified portfolios, which includes a position in TrueCar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.At present, TrueCar's Tax Provision is projected to decrease significantly based on the last few years of reporting.
 2022 2023 2024 2025 (projected)
Gross Profit145.3M142.9M164.3M222.0M
Total Revenue161.5M158.7M182.5M245.0M

TrueCar fundamental ratios Correlations

0.770.30.17-0.220.770.510.68-0.81-0.760.50.850.08-0.460.340.850.56-0.170.90.650.70.070.620.880.560.54
0.770.480.30.141.00.30.81-0.87-0.450.750.890.48-0.610.460.890.780.270.830.430.760.410.530.680.780.3
0.30.480.140.410.450.060.66-0.21-0.130.460.290.48-0.520.230.290.410.260.340.070.440.330.140.360.60.16
0.170.30.140.420.27-0.010.37-0.120.050.410.110.44-0.580.110.110.60.330.21-0.240.260.20.03-0.040.420.2
-0.220.140.410.420.1-0.230.090.20.50.36-0.190.73-0.430.1-0.190.330.76-0.17-0.29-0.070.53-0.19-0.290.36-0.4
0.771.00.450.270.10.290.78-0.9-0.460.720.920.44-0.590.480.920.750.230.830.450.720.390.560.680.720.3
0.510.30.06-0.01-0.230.290.54-0.27-0.570.540.290.010.25-0.190.290.52-0.190.530.340.42-0.020.00.650.30.56
0.680.810.660.370.090.780.54-0.59-0.430.830.630.5-0.440.130.630.860.210.740.150.820.370.170.660.80.47
-0.81-0.87-0.21-0.120.2-0.9-0.27-0.590.62-0.48-0.99-0.140.48-0.5-0.99-0.510.06-0.84-0.58-0.6-0.23-0.73-0.74-0.44-0.28
-0.76-0.45-0.130.050.5-0.46-0.57-0.430.62-0.16-0.670.420.2-0.13-0.67-0.20.66-0.81-0.82-0.450.37-0.56-0.86-0.25-0.73
0.50.750.460.410.360.720.540.83-0.48-0.160.470.72-0.340.020.470.940.530.530.050.710.6-0.030.430.80.2
0.850.890.290.11-0.190.920.290.63-0.99-0.670.470.11-0.510.511.00.51-0.10.890.640.620.170.750.790.490.36
0.080.480.480.440.730.440.010.5-0.140.420.720.11-0.460.080.110.690.940.08-0.370.410.85-0.17-0.020.62-0.35
-0.46-0.61-0.52-0.58-0.43-0.590.25-0.440.480.2-0.34-0.51-0.46-0.37-0.51-0.43-0.32-0.52-0.25-0.48-0.36-0.46-0.33-0.63-0.04
0.340.460.230.110.10.48-0.190.13-0.5-0.130.020.510.08-0.370.510.160.020.280.360.230.070.830.280.270.05
0.850.890.290.11-0.190.920.290.63-0.99-0.670.471.00.11-0.510.510.51-0.10.890.640.620.170.750.790.490.36
0.560.780.410.60.330.750.520.86-0.51-0.20.940.510.69-0.430.160.510.490.60.050.750.50.090.470.830.32
-0.170.270.260.330.760.23-0.190.210.060.660.53-0.10.94-0.320.02-0.10.49-0.17-0.490.170.79-0.3-0.290.41-0.53
0.90.830.340.21-0.170.830.530.74-0.84-0.810.530.890.08-0.520.280.890.6-0.170.680.680.030.590.910.590.62
0.650.430.07-0.24-0.290.450.340.15-0.58-0.820.050.64-0.37-0.250.360.640.05-0.490.680.29-0.30.730.740.220.48
0.70.760.440.26-0.070.720.420.82-0.6-0.450.710.620.41-0.480.230.620.750.170.680.290.410.310.670.880.35
0.070.410.330.20.530.39-0.020.37-0.230.370.60.170.85-0.360.070.170.50.790.03-0.30.41-0.06-0.040.49-0.61
0.620.530.140.03-0.190.560.00.17-0.73-0.56-0.030.75-0.17-0.460.830.750.09-0.30.590.730.31-0.060.590.210.23
0.880.680.36-0.04-0.290.680.650.66-0.74-0.860.430.79-0.02-0.330.280.790.47-0.290.910.740.67-0.040.590.510.62
0.560.780.60.420.360.720.30.8-0.44-0.250.80.490.62-0.630.270.490.830.410.590.220.880.490.210.510.27
0.540.30.160.2-0.40.30.560.47-0.28-0.730.20.36-0.35-0.040.050.360.32-0.530.620.480.35-0.610.230.620.27
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TrueCar Account Relationship Matchups

TrueCar fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding106.3M97.4M91.5M89.8M103.2M89.0M
Total Assets458.1M387.7M251.5M204.3M235.0M343.1M
Short Long Term Debt Total36.7M31.6M23.0M14.4M16.6M29.3M
Other Current Liab21.1M10.7M13.1M18.9M17.0M15.0M
Total Current Liabilities41.7M31.5M30.8M29.0M26.1M30.4M
Total Stockholder Equity383.9M329.8M197.3M160.2M184.2M272.7M
Other Liab3.1M428K103K5.0M5.7M3.4M
Property Plant And Equipment Net50.6M42.8M35.8M29.0M33.4M50.7M
Net Debt(236.6M)(213.7M)(152.5M)(122.6M)(110.3M)(115.8M)
Retained Earnings(354.4M)(393.8M)(512.5M)(562.3M)(506.1M)(531.4M)
Accounts Payable12.3M10.2M8.7M6.9M6.2M11.0M
Cash273.3M245.2M175.5M137.0M157.5M168.7M
Non Current Assets Total133.1M117.7M53.7M41.2M37.1M35.3M
Non Currrent Assets Other(6.1M)(3.1M)3.9M3.9M3.5M3.6M
Other Assets3.6M53.9M4.3M3.9M4.5M8.0M
Cash And Short Term Investments273.3M245.2M175.5M137.0M157.5M168.7M
Net Receivables32.9M16.7M13.8M19.2M17.2M22.9M
Liabilities And Stockholders Equity458.1M387.7M251.5M204.3M235.0M343.1M
Non Current Liabilities Total32.4M26.4M23.5M15.1M17.4M28.6M
Inventory5.8M6.1M6.0M1.00.90.86
Other Current Assets18.7M8.0M8.5M7.0M8.0M5.6M
Other Stockholder Equity738.3M723.6M709.8M722.5M830.9M644.1M
Total Liab74.1M57.9M54.3M44.1M50.7M70.4M
Property Plant And Equipment Gross50.6M19.2M18.9M108.2M124.4M130.6M
Total Current Assets324.9M269.9M197.8M163.1M187.5M210.2M
Short Term Debt9.5M10.5M9.0M3.2M2.9M2.8M
Intangible Assets6.6M5.0M14.0M8.4M7.5M7.2M
Property Plant Equipment29.8M21.4M42.8M18.9M21.7M20.7M
Net Tangible Assets236.7M382.8M273.6M197.3M226.9M251.7M
Retained Earnings Total Equity(432.1M)(355.5M)(393.8M)(512.5M)(461.3M)(484.3M)
Capital Surpluse759.3M738.3M723.6M709.8M816.3M712.2M
Deferred Long Term Liab783K40K103K1.5M1.4M1.0M
Non Current Liabilities Other32.4M26.3M23.5M4.0M4.6M4.3M

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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 TrueCar is a strong investment it is important to analyze TrueCar's 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 TrueCar's future performance. For an informed investment choice regarding TrueCar Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueCar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.
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 TrueCar. If investors know TrueCar 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 TrueCar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.29)
Revenue Per Share
1.874
Quarterly Revenue Growth
0.131
Return On Assets
(0.06)
Return On Equity
(0.19)
The market value of TrueCar is measured differently than its book value, which is the value of TrueCar that is recorded on the company's balance sheet. Investors also form their own opinion of TrueCar's value that differs from its market value or its book value, called intrinsic value, which is TrueCar'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 TrueCar's market value can be influenced by many factors that don't directly affect TrueCar'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 TrueCar's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueCar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueCar'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.