Copart Net Income vs Net Interest Income Analysis

CPRT Stock

USD 51.80 0.80 1.57%

Copart financial indicator trend analysis is way more than just evaluating Copart Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Copart Inc is a good investment. Please check the relationship between Copart Net Income and its Net Interest Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Copart Inc. 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.

Net Income vs Net Interest Income

Net Income vs Net Interest Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Copart Inc Net Income account and Net Interest Income. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Copart's Net Income and Net Interest Income is 0.81. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Net Interest Income in the same time period over historical financial statements of Copart Inc, assuming nothing else is changed. The correlation between historical values of Copart's Net Income and Net Interest Income 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 of Copart Inc are associated (or correlated) with its Net Interest Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Interest Income has no effect on the direction of Net Income i.e., Copart's Net Income and Net Interest Income go up and down completely randomly.

Correlation Coefficient

0.81

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Copart Inc financial statement analysis. It represents the amount of money remaining after all of Copart Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Net Interest Income

The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.

Most indicators from Copart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Copart Inc 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 Copart Inc. 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.

Selling General Administrative is likely to gain to about 302.2 M in 2024. Tax Provision is likely to gain to about 382.3 M in 2024

	2021	2022	2023	2024 (projected)
Total Revenue	3.5B	3.9B	4.2B	4.4B
Interest Expense	16.7M	65.9M	145.7M	153.0M

Total Revenue Interest Expense

Copart fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Inventory	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		-0.48	0.71	0.97	1.0	0.98	-0.91	0.99	0.79	0.95	0.98	0.83	0.97	0.98	0.04	-0.22	0.17	0.98	0.51	0.99	-0.39	0.46	0.79	0.98	-0.34	-0.34
Short Long Term Debt Total	-0.48		-0.3	-0.3	-0.55	-0.41	0.7	-0.56	-0.27	-0.47	-0.4	-0.44	-0.56	-0.4	0.48	0.94	0.0	-0.36	0.49	-0.54	0.5	-0.19	-0.45	-0.42	-0.45	-0.45
Other Current Liab	0.71	-0.3		0.67	0.71	0.81	-0.7	0.7	0.18	0.73	0.77	0.26	0.6	0.71	-0.05	-0.03	-0.09	0.72	0.44	0.65	-0.39	0.41	0.72	0.8	-0.22	-0.22
Total Current Liabilities	0.97	-0.3	0.67		0.95	0.96	-0.82	0.94	0.83	0.9	0.98	0.8	0.9	0.97	0.2	-0.05	0.19	0.99	0.67	0.93	-0.24	0.46	0.78	0.96	-0.53	-0.53
Total Stockholder Equity	1.0	-0.55	0.71	0.95		0.97	-0.93	1.0	0.78	0.94	0.97	0.83	0.98	0.97	-0.01	-0.3	0.15	0.97	0.44	0.99	-0.41	0.45	0.79	0.97	-0.28	-0.28
Property Plant And Equipment Net	0.98	-0.41	0.81	0.96	0.97		-0.89	0.96	0.71	0.93	1.0	0.71	0.9	0.98	0.04	-0.12	0.2	0.99	0.58	0.93	-0.44	0.52	0.83	1.0	-0.39	-0.39
Net Debt	-0.91	0.7	-0.7	-0.82	-0.93	-0.89		-0.94	-0.62	-0.96	-0.88	-0.73	-0.91	-0.87	0.14	0.48	-0.03	-0.86	-0.22	-0.92	0.49	-0.38	-0.84	-0.89	0.08	0.08
Retained Earnings	0.99	-0.56	0.7	0.94	1.0	0.96	-0.94		0.77	0.94	0.97	0.83	0.98	0.96	-0.03	-0.32	0.15	0.96	0.42	0.99	-0.42	0.44	0.79	0.97	-0.26	-0.26
Accounts Payable	0.79	-0.27	0.18	0.83	0.78	0.71	-0.62	0.77		0.69	0.76	0.92	0.8	0.79	0.14	-0.1	0.36	0.8	0.51	0.8	-0.24	0.37	0.48	0.73	-0.4	-0.4
Cash	0.95	-0.47	0.73	0.9	0.94	0.93	-0.96	0.94	0.69		0.93	0.75	0.91	0.92	0.01	-0.23	0.03	0.92	0.46	0.93	-0.4	0.38	0.85	0.94	-0.27	-0.27
Non Current Assets Total	0.98	-0.4	0.77	0.98	0.97	1.0	-0.88	0.97	0.76	0.93		0.76	0.91	0.98	0.08	-0.11	0.21	1.0	0.6	0.94	-0.41	0.51	0.82	1.0	-0.43	-0.42
Non Currrent Assets Other	0.83	-0.44	0.26	0.8	0.83	0.71	-0.73	0.83	0.92	0.75	0.76		0.89	0.74	0.03	-0.31	0.16	0.78	0.34	0.87	-0.19	0.18	0.49	0.73	-0.2	-0.2
Cash And Short Term Investments	0.97	-0.56	0.6	0.9	0.98	0.9	-0.91	0.98	0.8	0.91	0.91	0.89		0.91	-0.03	-0.36	0.09	0.91	0.37	1.0	-0.34	0.34	0.71	0.91	-0.21	-0.21
Net Receivables	0.98	-0.4	0.71	0.97	0.97	0.98	-0.87	0.96	0.79	0.92	0.98	0.74	0.91		0.08	-0.13	0.25	0.99	0.59	0.95	-0.4	0.56	0.8	0.98	-0.44	-0.44
Common Stock Shares Outstanding	0.04	0.48	-0.05	0.2	-0.01	0.04	0.14	-0.03	0.14	0.01	0.08	0.03	-0.03	0.08		0.47	0.13	0.15	0.49	0.0	0.58	-0.25	0.13	0.04	-0.87	-0.87
Non Current Liabilities Total	-0.22	0.94	-0.03	-0.05	-0.3	-0.12	0.48	-0.32	-0.1	-0.23	-0.11	-0.31	-0.36	-0.13	0.47		0.12	-0.09	0.71	-0.31	0.27	0.02	-0.22	-0.14	-0.57	-0.57
Other Current Assets	0.17	0.0	-0.09	0.19	0.15	0.2	-0.03	0.15	0.36	0.03	0.21	0.16	0.09	0.25	0.13	0.12		0.24	0.22	0.13	-0.31	0.27	0.09	0.19	-0.27	-0.27
Other Stockholder Equity	0.98	-0.36	0.72	0.99	0.97	0.99	-0.86	0.96	0.8	0.92	1.0	0.78	0.91	0.99	0.15	-0.09	0.24		0.63	0.94	-0.36	0.5	0.8	0.99	-0.49	-0.49
Total Liab	0.51	0.49	0.44	0.67	0.44	0.58	-0.22	0.42	0.51	0.46	0.6	0.34	0.37	0.59	0.49	0.71	0.22	0.63		0.42	0.04	0.33	0.38	0.58	-0.8	-0.8
Total Current Assets	0.99	-0.54	0.65	0.93	0.99	0.93	-0.92	0.99	0.8	0.93	0.94	0.87	1.0	0.95	0.0	-0.31	0.13	0.94	0.42		-0.37	0.39	0.75	0.94	-0.26	-0.26
Short Term Debt	-0.39	0.5	-0.39	-0.24	-0.41	-0.44	0.49	-0.42	-0.24	-0.4	-0.41	-0.19	-0.34	-0.4	0.58	0.27	-0.31	-0.36	0.04	-0.37		-0.51	-0.29	-0.44	-0.33	-0.33
Intangible Assets	0.46	-0.19	0.41	0.46	0.45	0.52	-0.38	0.44	0.37	0.38	0.51	0.18	0.34	0.56	-0.25	0.02	0.27	0.5	0.33	0.39	-0.51		0.31	0.51	-0.15	-0.15
Inventory	0.79	-0.45	0.72	0.78	0.79	0.83	-0.84	0.79	0.48	0.85	0.82	0.49	0.71	0.8	0.13	-0.22	0.09	0.8	0.38	0.75	-0.29	0.31		0.83	-0.36	-0.36
Property Plant And Equipment Gross	0.98	-0.42	0.8	0.96	0.97	1.0	-0.89	0.97	0.73	0.94	1.0	0.73	0.91	0.98	0.04	-0.14	0.19	0.99	0.58	0.94	-0.44	0.51	0.83		-0.38	-0.38
Common Stock Total Equity	-0.34	-0.45	-0.22	-0.53	-0.28	-0.39	0.08	-0.26	-0.4	-0.27	-0.43	-0.2	-0.21	-0.44	-0.87	-0.57	-0.27	-0.49	-0.8	-0.26	-0.33	-0.15	-0.36	-0.38		1.0
Common Stock	-0.34	-0.45	-0.22	-0.53	-0.28	-0.39	0.08	-0.26	-0.4	-0.27	-0.42	-0.2	-0.21	-0.44	-0.87	-0.57	-0.27	-0.49	-0.8	-0.26	-0.33	-0.15	-0.36	-0.38	1.0

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Copart Account Relationship Matchups

Copart fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	3.5B	4.6B	5.3B	6.7B	8.4B	8.8B
Short Long Term Debt Total	518.2M	518.1M	119.5M	120.5M	118.7M	112.8M
Other Current Liab	100.3M	109.0M	89.9M	126.7M	61.0M	64.0M
Total Current Liabilities	356.0M	421.0M	440.9M	492.8M	628.6M	660.0M
Total Stockholder Equity	2.5B	3.5B	4.6B	6.0B	7.5B	7.9B
Property Plant And Equipment Net	2.1B	2.4B	2.6B	3.0B	3.3B	3.5B
Net Debt	40.5M	(530.2M)	(1.3B)	(836.9M)	(1.4B)	(1.3B)
Retained Earnings	1.9B	2.9B	4.0B	5.2B	6.5B	6.9B
Accounts Payable	132.9M	163.2M	187.2M	180.0M	518.1M	544.1M
Cash	477.7M	1.0B	1.4B	957.4M	1.5B	1.6B
Non Current Assets Total	2.5B	2.9B	3.1B	3.5B	4.1B	4.3B
Non Currrent Assets Other	39.9M	41.8M	47.7M	65.8M	336.2M	353.0M
Cash And Short Term Investments	477.7M	1.0B	1.4B	2.4B	3.4B	3.6B
Net Receivables	376.9M	500.6M	628.5M	708.6M	785.9M	825.2M
Common Stock Shares Outstanding	954.6M	961.2M	964.6M	966.6M	974.8M	944.5M
Liabilities And Stockholders Equity	3.5B	4.6B	5.3B	6.7B	8.4B	8.8B
Non Current Liabilities Total	609.7M	611.9M	242.4M	257.7M	250.6M	222.8M
Other Current Assets	15.3M	14.3M	18.7M	26.3M	33.9M	25.1M
Other Stockholder Equity	672.7M	761.8M	838.5M	938.9M	1.1B	1.2B
Total Liab	965.7M	1.0B	683.3M	750.4M	879.2M	923.2M
Total Current Assets	963.8M	1.7B	2.2B	3.3B	4.3B	4.5B
Short Term Debt	25.6M	22.5M	21.8M	21.5M	21.3M	25.5M
Intangible Assets	47.8M	45.9M	54.7M	62.7M	56.4M	40.7M
Inventory	20.1M	45.0M	58.8M	40.0M	43.6M	45.8M
Property Plant And Equipment Gross	2.1B	2.4B	2.6B	3.0B	3.4B	3.6B
Accumulated Other Comprehensive Income	(121.1M)	(100.9M)	(169.4M)	(141.0M)	(143.0M)	(135.8M)
Other Liab	117.1M	116.3M	144.7M	158.7M	182.5M	191.6M
Other Assets	39.9M	41.8M	47.7M	65.8M	75.7M	48.0M
Long Term Debt	397.0M	397.6M	2.0M	10.9M	12.5M	11.9M
Property Plant Equipment	2.0B	2.4B	2.6B	2.9B	3.4B	3.5B
Current Deferred Revenue	97.3M	126.3M	142.0M	164.6M	28.1M	33.0M
Good Will	343.6M	355.7M	402.0M	394.3M	513.9M	488.2M
Net Tangible Assets	2.1B	3.1B	4.2B	5.5B	6.3B	6.6B
Retained Earnings Total Equity	1.2B	1.3B	1.9B	4.0B	4.5B	4.8B
Long Term Debt Total	398.7M	400.1M	397.0M	2.0M	1.8M	1.7M
Deferred Long Term Liab	19.7M	48.7M	71.7M	80.1M	92.1M	96.7M
Non Current Liabilities Other	30.9M	38.5M	430K	160.3M	184.4M	193.6M

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