Copart Net Income From Continuing Ops vs Ebitda 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 From Continuing Ops and its Ebitda 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 From Continuing Ops vs Ebitda
Net Income From Continuing Ops vs Ebitda Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Copart Inc Net Income From Continuing Ops account and Ebitda. At this time, the significance of the direction appears to have totally related.
The correlation between Copart's Net Income From Continuing Ops and Ebitda is 0.99. Overlapping area represents the amount of variation of Net Income From Continuing Ops that can explain the historical movement of Ebitda 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 From Continuing Ops and Ebitda 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 From Continuing Ops of Copart Inc are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Net Income From Continuing Ops i.e., Copart's Net Income From Continuing Ops and Ebitda go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Net Income From Continuing Ops
Ebitda
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 |
Copart fundamental ratios Correlations
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Copart Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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