KAR Historical Balance Sheet
KAR Stock | USD 19.86 0.29 1.48% |
Trend analysis of KAR Auction Services balance sheet accounts such as Total Current Liabilities of 2 B provides information on KAR Auction's total assets, liabilities, and equity, which is the actual value of KAR Auction Services to its prevalent stockholders. By breaking down trends over time using KAR Auction 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.
Financial Statement Analysis is much more than just reviewing and examining KAR Auction Services 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 KAR Auction Services is a good buy for the upcoming year.
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About KAR Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of KAR Auction Services at a specified time, usually calculated after every quarter, six months, or one year. KAR Auction Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of KAR Auction 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 KAR currently owns. An asset can also be divided into two categories, current and non-current.
KAR Auction Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of KAR Auction 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 KAR Auction Services 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 KAR Auction balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of KAR Auction Services 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.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of KAR Auction Services balance sheet. This account contains KAR Auction investments that will expire within one year. These investments include stocks and bonds that can be liquidated by KAR Auction Services fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Total Liab
The total amount of all liabilities that a company has, including both short-term and long-term liabilities.Most accounts from KAR Auction's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into KAR Auction Services 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in KAR Auction Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, KAR Auction's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 11/17/2024, Other Stockholder Equity is likely to grow to about 955.2 M, while Other Current Liabilities is likely to drop slightly above 1.6 B.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.2B | 573.7M | 427.4M | 406.0M | Total Assets | 7.4B | 5.1B | 4.7B | 6.1B |
KAR Auction balance sheet Correlations
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KAR Auction Account Relationship Matchups
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KAR Auction balance sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 6.6B | 6.8B | 7.4B | 5.1B | 4.7B | 6.1B | |
Short Long Term Debt Total | 2.2B | 2.2B | 2.2B | 573.7M | 427.4M | 406.0M | |
Other Current Liab | 2.5B | 1.5B | 2.2B | 1.8B | 1.7B | 1.6B | |
Total Current Liabilities | 2.5B | 2.3B | 3.0B | 2.6B | 2.5B | 2.0B | |
Total Stockholder Equity | 1.7B | 2.2B | 2.1B | 2.1B | 1.9B | 1.7B | |
Other Liab | 179.7M | 733.8M | 761.6M | 59.9M | 68.9M | 65.4M | |
Property Plant And Equipment Net | 973.1M | 940.5M | 904.9M | 208.4M | 245.7M | 233.4M | |
Net Debt | 1.7B | 1.5B | 2.0B | 348M | 333.9M | 317.2M | |
Retained Earnings | 651M | 600.7M | 625.7M | 822.9M | 624.4M | 655.6M | |
Accounts Payable | 704.6M | 688.9M | 785.3M | 551.2M | 556.6M | 571.8M | |
Cash | 507.6M | 752.1M | 190M | 225.7M | 93.5M | 88.8M | |
Non Current Assets Total | 3.3B | 3.6B | 4.1B | 2.1B | 1.9B | 2.7B | |
Non Currrent Assets Other | 35.5M | 40.8M | 56.4M | 57.3M | 3M | 2.9M | |
Other Assets | 35.5M | 604M | 56.4M | 57.3M | 65.9M | 62.6M | |
Long Term Debt | 1.9B | 1.9B | 1.8B | 205.3M | 202.4M | 192.3M | |
Cash And Short Term Investments | 507.6M | 752.1M | 190M | 225.7M | 93.5M | 88.8M | |
Net Receivables | 2.6B | 2.3B | 2.9B | 2.7B | 2.6B | 2.0B | |
Good Will | 1.8B | 2.1B | 2.6B | 1.5B | 1.3B | 2.0B | |
Common Stock Shares Outstanding | 132.9M | 129.3M | 123M | 116.3M | 109.1M | 141.4M | |
Liabilities And Stockholders Equity | 6.6B | 6.8B | 7.4B | 5.1B | 4.7B | 6.1B | |
Non Current Liabilities Total | 2.4B | 2.4B | 2.3B | 345.8M | 308M | 292.6M | |
Inventory | 53.3M | 60.2M | 25.8M | 15.5M | 1.0 | 0.95 | |
Other Current Assets | 125.9M | 166.9M | 326.9M | 130.9M | 174.6M | 159.1M | |
Other Stockholder Equity | 997.9M | 1.0B | 910.8M | 743.8M | 738.2M | 955.2M | |
Total Liab | 4.9B | 4.6B | 5.3B | 3.0B | 3.4B | 4.5B | |
Property Plant And Equipment Gross | 973.1M | 940.5M | 904.9M | 208.4M | 432.9M | 594.4M | |
Total Current Assets | 3.2B | 3.2B | 3.4B | 3.0B | 2.8B | 2.5B | |
Accumulated Other Comprehensive Income | (31M) | (32.7M) | (24.7M) | (49.5M) | (36.7M) | (34.9M) | |
Short Term Debt | 28.8M | 24.3M | 16.3M | 288.7M | 166.5M | 174.8M | |
Intangible Assets | 541.9M | 542.3M | 575.6M | 424.5M | 317.6M | 518.8M | |
Property Plant Equipment | 609M | 589.9M | 904.9M | 123.6M | 111.2M | 105.7M | |
Current Deferred Revenue | (704.6M) | (688.9M) | (1.0B) | 54M | 135.7M | 142.5M | |
Net Tangible Assets | (677.9M) | (476.1M) | (1.6B) | 299.1M | 344.0M | 361.2M | |
Retained Earnings Total Equity | 651M | 600.7M | 625.7M | 822.9M | 946.3M | 993.7M | |
Long Term Debt Total | 1.9B | 1.9B | 1.8B | 205.3M | 184.8M | 175.5M | |
Capital Surpluse | 1.0B | 1.0B | 910.8M | 743.8M | 669.4M | 990.7M | |
Deferred Long Term Liab | 134.5M | 128.6M | 138.4M | 54M | 48.6M | 46.2M |
Pair Trading with KAR Auction
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if KAR Auction position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in KAR Auction will appreciate offsetting losses from the drop in the long position's value.Moving together with KAR Stock
Moving against KAR Stock
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0.37 | FA | First Advantage Corp | PairCorr |
The ability to find closely correlated positions to KAR Auction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KAR Auction when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back KAR Auction - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling KAR Auction Services to buy it.
The correlation of KAR Auction is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as KAR Auction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KAR Auction Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for KAR Auction can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for KAR Stock Analysis
When running KAR Auction's price analysis, check to measure KAR Auction's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy KAR Auction is operating at the current time. Most of KAR Auction's value examination focuses on studying past and present price action to predict the probability of KAR Auction's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move KAR Auction's price. Additionally, you may evaluate how the addition of KAR Auction to your portfolios can decrease your overall portfolio volatility.