TrueCar Total Revenue vs Property Plant Equipment Analysis
TRUE Stock | USD 4.35 0.13 3.08% |
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 Total Revenue and its Property Plant Equipment 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.
Total Revenue vs Property Plant Equipment
Total Revenue vs Property Plant Equipment Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TrueCar Total Revenue account and Property Plant Equipment. At this time, the significance of the direction appears to have strong relationship.
The correlation between TrueCar's Total Revenue and Property Plant Equipment is 0.71. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of TrueCar, assuming nothing else is changed. The correlation between historical values of TrueCar's Total Revenue and Property Plant Equipment 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 Revenue of TrueCar are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Total Revenue i.e., TrueCar's Total Revenue and Property Plant Equipment go up and down completely randomly.
Correlation Coefficient | 0.71 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Total Revenue
Total revenue comprises all receipts TrueCar 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.Property Plant Equipment
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. The current year's Sales General And Administrative To Revenue is expected to grow to 0.28, whereas Enterprise Value Over EBITDA is forecasted to decline to (5.52).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 209.5M | 145.3M | 142.9M | 222.0M | Total Revenue | 231.7M | 161.5M | 158.7M | 245.0M |
TrueCar fundamental ratios Correlations
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TrueCar Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TrueCar fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 105.8M | 106.3M | 97.4M | 91.5M | 89.8M | 89.0M | |
Total Assets | 421.7M | 458.1M | 387.7M | 251.5M | 204.3M | 343.1M | |
Short Long Term Debt Total | 43.0M | 36.7M | 31.6M | 23.0M | 14.4M | 13.7M | |
Other Current Liab | 27.0M | 21.1M | 10.7M | 13.1M | 15.6M | 14.8M | |
Total Current Liabilities | 54.2M | 41.7M | 31.5M | 30.8M | 29.0M | 30.4M | |
Total Stockholder Equity | 327.3M | 383.9M | 329.8M | 197.3M | 160.2M | 272.7M | |
Other Liab | 3.1M | 428K | 103K | 5.0M | 5.7M | 3.4M | |
Property Plant And Equipment Net | 65.9M | 50.6M | 42.8M | 35.8M | 29.0M | 50.7M | |
Net Debt | (138.5M) | (236.6M) | (213.7M) | (152.5M) | (122.6M) | (128.7M) | |
Retained Earnings | (432.1M) | (354.4M) | (393.8M) | (512.5M) | (562.3M) | (534.2M) | |
Accounts Payable | 21.3M | 12.3M | 10.2M | 8.7M | 6.9M | 11.0M | |
Cash | 181.5M | 273.3M | 245.2M | 175.5M | 137.0M | 168.7M | |
Non Current Assets Total | 181.9M | 133.1M | 117.7M | 53.7M | 41.2M | 39.2M | |
Non Currrent Assets Other | (13.5M) | (6.1M) | (3.1M) | 3.9M | 3.9M | 4.0M | |
Other Assets | 3.6M | 53.9M | 4.3M | 3.9M | 4.5M | 8.0M | |
Cash And Short Term Investments | 181.5M | 273.3M | 245.2M | 175.5M | 137.0M | 168.7M | |
Net Receivables | 44.9M | 32.9M | 16.7M | 13.8M | 19.2M | 22.9M | |
Liabilities And Stockholders Equity | 421.7M | 458.1M | 387.7M | 251.5M | 204.3M | 343.1M | |
Non Current Liabilities Total | 40.2M | 32.4M | 26.4M | 23.5M | 15.1M | 28.6M | |
Inventory | 7.2M | 5.8M | 6.1M | 6.0M | 1.0 | 0.95 | |
Other Current Assets | 6.1M | 18.7M | 8.0M | 8.5M | 7.0M | 5.6M | |
Other Stockholder Equity | 759.3M | 738.3M | 723.6M | 709.8M | 722.5M | 644.1M | |
Total Liab | 94.4M | 74.1M | 57.9M | 54.3M | 44.1M | 70.4M | |
Property Plant And Equipment Gross | 65.9M | 50.6M | 19.2M | 18.9M | 108.2M | 54.3M | |
Total Current Assets | 239.7M | 324.9M | 269.9M | 197.8M | 163.1M | 210.2M | |
Intangible Assets | 17.3M | 6.6M | 5.0M | 14.0M | 8.4M | 15.3M | |
Property Plant Equipment | 29.8M | 21.4M | 42.8M | 18.9M | 21.7M | 20.7M | |
Net Tangible Assets | 236.7M | 382.8M | 273.6M | 197.3M | 226.9M | 251.7M | |
Retained Earnings Total Equity | (432.1M) | (355.5M) | (393.8M) | (512.5M) | (461.3M) | (484.3M) | |
Capital Surpluse | 759.3M | 738.3M | 723.6M | 709.8M | 816.3M | 712.2M | |
Deferred Long Term Liab | 783K | 40K | 103K | 1.5M | 1.4M | 1.0M | |
Non Current Liabilities Other | 39.5M | 32.4M | 26.3M | 23.5M | 4.0M | 3.8M |
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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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.