Copart Non Current Liabilities Total vs Total Stockholder Equity 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 Non Current Liabilities Total and its Total Stockholder Equity 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.

Non Current Liabilities Total vs Total Stockholder Equity

Non Current Liabilities Total vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Copart Inc Non Current Liabilities Total account and Total Stockholder Equity. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Copart's Non Current Liabilities Total and Total Stockholder Equity is -0.3. Overlapping area represents the amount of variation of Non Current Liabilities Total that can explain the historical movement of Total Stockholder Equity 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 Non Current Liabilities Total and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Liabilities Total of Copart Inc are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Non Current Liabilities Total i.e., Copart's Non Current Liabilities Total and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

-0.3

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Non Current Liabilities Total

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 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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