CarGurus Historical Balance Sheet

CARG Stock  USD 35.73  0.57  1.62%   
Trend analysis of CarGurus balance sheet accounts such as Total Current Liabilities of 82.7 M, Total Stockholder Equity of 359.6 M or Other Liab of 8.6 M provides information on CarGurus' total assets, liabilities, and equity, which is the actual value of CarGurus to its prevalent stockholders. By breaking down trends over time using CarGurus balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining CarGurus latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CarGurus is a good buy for the upcoming year.

CarGurus Inventory

347,550

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.

About CarGurus Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of CarGurus at a specified time, usually calculated after every quarter, six months, or one year. CarGurus Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CarGurus and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CarGurus currently owns. An asset can also be divided into two categories, current and non-current.

CarGurus Balance Sheet Chart

At this time, CarGurus' Property Plant And Equipment Net is most likely to increase significantly in the upcoming years. The CarGurus' current Current Deferred Revenue is estimated to increase to about 22.4 M, while Other Current Liabilities is forecasted to increase to (3.5 M).

Total Assets

Total assets refers to the total amount of CarGurus 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 CarGurus 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.

Total Current Liabilities

Total Current Liabilities is an item on CarGurus balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CarGurus are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from CarGurus' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into CarGurus current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.At this time, CarGurus' Property Plant And Equipment Net is most likely to increase significantly in the upcoming years. The CarGurus' current Current Deferred Revenue is estimated to increase to about 22.4 M, while Other Current Liabilities is forecasted to increase to (3.5 M).
 2021 2022 2023 2024 (projected)
Total Stockholder Equity516.8M734.6M616.9M359.6M
Total Current Liabilities170.7M98.7M115.2M82.7M

CarGurus balance sheet Correlations

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0.980.350.870.370.910.720.81-0.740.870.770.940.870.930.750.980.590.830.50.210.70.90.910.950.81-0.62
0.50.760.720.370.360.20.36-0.20.190.750.230.390.310.050.370.90.380.140.380.250.440.430.50.47-0.33
0.910.160.830.910.360.910.96-0.550.950.780.80.970.90.750.890.530.860.440.230.90.990.960.860.95-0.62
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0.830.070.790.810.360.960.96-0.330.920.790.640.970.870.710.760.470.820.430.270.960.960.920.770.97-0.51
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0.880.260.690.940.230.80.590.64-0.90.830.550.760.760.580.930.480.640.45-0.080.570.780.850.820.65-0.73
0.880.120.820.870.390.970.950.97-0.480.960.770.760.850.640.810.570.750.50.120.950.960.960.810.98-0.64
0.930.30.860.930.310.90.770.87-0.470.830.820.760.850.890.90.510.910.530.460.760.890.830.930.85-0.4
0.720.080.630.750.050.750.630.71-0.330.670.570.580.640.890.770.240.820.480.580.610.720.660.790.65-0.3
0.950.40.840.980.370.890.660.76-0.790.830.730.930.810.90.770.580.840.460.270.630.890.890.950.76-0.62
0.710.770.860.590.90.530.360.47-0.380.390.830.480.570.510.240.580.50.30.320.40.580.590.70.62-0.47
0.840.360.840.830.380.860.690.82-0.40.70.840.640.750.910.820.840.50.180.590.670.90.760.850.79-0.3
0.490.10.390.50.140.440.40.43-0.350.560.30.450.50.530.480.460.30.180.030.40.350.460.580.43-0.37
0.270.480.470.210.380.230.090.270.21-0.020.54-0.080.120.460.580.270.320.590.030.10.290.110.430.250.31
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0.910.170.830.910.430.960.880.92-0.620.950.740.850.960.830.660.890.590.760.460.110.870.950.840.93-0.77
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CarGurus Account Relationship Matchups

CarGurus balance sheet Accounts

201920202021202220232024 (projected)
Total Assets393.6M502.3M931.6M927.1M918.9M525.1M
Other Current Liab18.3M1.3M50.4M24.4M(3.7M)(3.5M)
Total Current Liabilities73.8M66.5M170.7M98.7M115.2M82.7M
Total Stockholder Equity256.9M373.6M516.8M734.6M616.9M359.6M
Other Liab2.2M3.4M23.7M5.4M6.2M8.6M
Net Tangible Assets237.7M333.6M437.4M560.8M645.0M677.2M
Property Plant And Equipment Net87.9M88.3M92.8M97.0M253.1M265.7M
Current Deferred Revenue10.0M9.1M12.8M12.2M21.3M22.4M
Net Debt9.7M(120.4M)(161.2M)(403.1M)(97.0M)(101.8M)
Retained Earnings51.9M129.4M129.3M323.0M354.1M371.9M
Accounts Payable36.7M21.6M66.2M32.5M47.9M35.4M
Cash59.9M190.3M231.9M469.5M291.4M178.0M
Non Current Assets Total174.7M170.3M368.5M369.7M527.7M554.1M
Non Currrent Assets Other14.4M13.1M14.2M17.4M20.4M11.6M
Other Assets67.6M102.8M33.4M62.2M71.6M44.2M
Cash And Short Term Investments171.6M290.3M321.9M469.5M312.1M244.0M
Net Receivables22.1M18.2M189.3M46.8M40.0M43.4M
Common Stock Total Equity111K112K113K118K135.7K105.2K
Common Stock Shares Outstanding113.4M113.8M117.1M128.2M114.2M119.1M
Short Term Investments111.7M100M90M0.020.7M19.7M
Liabilities And Stockholders Equity393.6M502.3M931.6M927.1M918.9M525.1M
Non Current Liabilities Total63.0M62.2M81.2M57.0M186.9M196.2M
Capital Surpluse205.2M242.2M387.9M413.1M475.1M498.8M
Other Current Assets5.0M23.4M32.2M35.8M38.8M40.8M
Other Stockholder Equity205.2M242.2M387.9M413.1M263.5M209.1M
Total Liab136.8M128.7M251.9M155.7M302.1M317.2M
Deferred Long Term Liab10.5M291K58K54K48.6K46.2K
Property Plant And Equipment Gross87.9M88.3M92.8M97.0M312.0M327.6M
Total Current Assets219.0M332.0M563.1M557.4M391.2M314.0M
Accumulated Other Comprehensive Income(350K)1.9M(403K)(1.6M)(901K)(856.0K)
Common Stock111K112K113K118K108K106.7K
Property Plant Equipment87.9M27.5M32.2M40.1M46.1M34.2M
Non Current Liabilities Other1.9M61.9M81.2M57.0M4.7M4.5M
Retained Earnings Total Equity51.9M129.4M129.3M323.0M371.5M390.1M
Inventory20.2M(100M)19.7M5.3M331K347.6K
Net Invested Capital256.9M373.6M516.8M734.6M616.9M443.1M
Net Working Capital145.2M265.4M392.4M458.6M276.0M280.2M

Currently Active Assets on Macroaxis

When determining whether CarGurus is a strong investment it is important to analyze CarGurus' 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 CarGurus' future performance. For an informed investment choice regarding CarGurus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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 CarGurus. If investors know CarGurus 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 CarGurus 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
0.265
Earnings Share
(0.45)
Revenue Per Share
8.361
Quarterly Revenue Growth
0.054
Return On Assets
0.0563
The market value of CarGurus is measured differently than its book value, which is the value of CarGurus that is recorded on the company's balance sheet. Investors also form their own opinion of CarGurus' value that differs from its market value or its book value, called intrinsic value, which is CarGurus' 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 CarGurus' market value can be influenced by many factors that don't directly affect CarGurus' 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 CarGurus' value and its price as these two are different measures arrived at by different means. Investors typically determine if CarGurus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarGurus' 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.