KAR Non Currrent Assets Other vs Other Current Assets Analysis

KAR Stock  USD 17.03  0.12  0.70%   
KAR Auction financial indicator trend analysis is infinitely more than just investigating KAR Auction Services recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether KAR Auction Services is a good investment. Please check the relationship between KAR Auction Non Currrent Assets Other and its Other Current Assets accounts. 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.

Non Currrent Assets Other vs Other Current Assets

Non Currrent Assets Other vs Other Current Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KAR Auction Services Non Currrent Assets Other account and Other Current Assets. At this time, the significance of the direction appears to have no relationship.
The correlation between KAR Auction's Non Currrent Assets Other and Other Current Assets is 0.01. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Other Current Assets in the same time period over historical financial statements of KAR Auction Services, assuming nothing else is changed. The correlation between historical values of KAR Auction's Non Currrent Assets Other and Other Current Assets 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 Currrent Assets Other of KAR Auction Services are associated (or correlated) with its Other Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Current Assets has no effect on the direction of Non Currrent Assets Other i.e., KAR Auction's Non Currrent Assets Other and Other Current Assets go up and down completely randomly.

Correlation Coefficient

0.01
Relationship DirectionPositive 
Relationship StrengthInsignificant

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most indicators from KAR Auction's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Selling General Administrative is relatively stable compared to the past year. As of 06/07/2024, Sales General And Administrative To Revenue is likely to grow to 0.22, while Discontinued Operations is likely to drop slightly above 116.2 M.
 2021 2022 2023 2024 (projected)
Interest Expense126.6M119.2M155.8M115.3M
Depreciation And Amortization200.5M67.6M101.5M150.0M

KAR Auction fundamental ratios Correlations

0.450.820.710.320.810.560.350.410.90.530.56-0.340.420.360.530.730.90.140.290.40.390.180.52-0.160.95
0.450.1-0.12-0.450.540.950.97-0.430.210.420.920.30.330.990.42-0.090.560.580.2-0.070.970.60.460.40.57
0.820.10.890.590.690.290.010.540.880.410.2-0.580.050.00.410.880.620.080.220.550.02-0.070.3-0.210.69
0.71-0.120.890.690.550.03-0.210.730.880.3-0.08-0.590.21-0.210.30.990.44-0.170.00.61-0.21-0.180.18-0.480.57
0.32-0.450.590.690.34-0.27-0.580.810.550.36-0.36-0.470.09-0.560.360.670.16-0.38-0.280.49-0.56-0.05-0.36-0.590.03
0.810.540.690.550.340.640.450.190.780.530.64-0.190.40.450.530.540.830.250.130.30.460.30.28-0.040.74
0.560.950.290.03-0.270.640.89-0.320.360.530.920.10.350.910.530.050.630.640.31-0.010.920.630.430.390.64
0.350.970.01-0.21-0.580.450.89-0.560.130.20.920.330.230.990.2-0.170.510.60.23-0.170.970.470.470.480.51
0.41-0.430.540.730.810.19-0.32-0.560.60.38-0.41-0.250.19-0.540.380.710.17-0.66-0.40.58-0.53-0.03-0.14-0.870.21
0.90.210.880.880.550.780.360.130.60.380.33-0.390.350.110.380.880.78-0.070.050.530.130.030.31-0.380.8
0.530.420.410.30.360.530.530.20.380.380.32-0.030.50.311.00.30.370.13-0.030.390.310.710.11-0.20.42
0.560.920.2-0.08-0.360.640.920.92-0.410.330.320.170.30.910.32-0.060.760.60.37-0.170.910.490.440.440.65
-0.340.3-0.58-0.59-0.47-0.190.10.33-0.25-0.39-0.030.170.00.32-0.03-0.58-0.17-0.31-0.58-0.020.310.340.01-0.15-0.22
0.420.330.050.210.090.40.350.230.190.350.50.30.00.310.50.220.350.03-0.010.230.320.310.35-0.180.42
0.360.990.0-0.21-0.560.450.910.99-0.540.110.310.910.320.310.31-0.170.50.60.25-0.120.990.520.510.480.52
0.530.420.410.30.360.530.530.20.380.381.00.32-0.030.50.310.30.370.13-0.030.390.310.710.11-0.20.42
0.73-0.090.880.990.670.540.05-0.170.710.880.3-0.06-0.580.22-0.170.30.46-0.170.00.64-0.17-0.20.25-0.460.6
0.90.560.620.440.160.830.630.510.170.780.370.76-0.170.350.50.370.460.230.330.140.520.220.430.020.87
0.140.580.08-0.17-0.380.250.640.6-0.66-0.070.130.6-0.310.030.60.13-0.170.230.75-0.440.570.250.190.870.2
0.290.20.220.0-0.280.130.310.23-0.40.05-0.030.37-0.58-0.010.25-0.030.00.330.75-0.410.26-0.130.350.740.34
0.4-0.070.550.610.490.3-0.01-0.170.580.530.39-0.17-0.020.23-0.120.390.640.14-0.44-0.41-0.09-0.130.38-0.530.33
0.390.970.02-0.21-0.560.460.920.97-0.530.130.310.910.310.320.990.31-0.170.520.570.26-0.090.50.550.470.57
0.180.6-0.07-0.18-0.050.30.630.47-0.030.030.710.490.340.310.520.71-0.20.220.25-0.13-0.130.5-0.23-0.010.15
0.520.460.30.18-0.360.280.430.47-0.140.310.110.440.010.350.510.110.250.430.190.350.380.55-0.230.220.69
-0.160.4-0.21-0.48-0.59-0.040.390.48-0.87-0.38-0.20.44-0.15-0.180.48-0.2-0.460.020.870.74-0.530.47-0.010.22-0.03
0.950.570.690.570.030.740.640.510.210.80.420.65-0.220.420.520.420.60.870.20.340.330.570.150.69-0.03
Click cells to compare fundamentals

KAR Auction Account Relationship Matchups

KAR Auction fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets6.6B6.8B7.4B5.1B4.7B6.1B
Short Long Term Debt Total2.2B2.2B2.2B573.7M427.4M406.0M
Other Current Liab2.5B2.2B3.0B1.7B1.6B1.6B
Total Current Liabilities2.5B2.3B3.0B2.6B2.5B2.0B
Total Stockholder Equity1.7B2.2B2.1B2.1B1.9B1.7B
Other Liab179.7M733.8M761.6M59.9M68.9M65.4M
Property Plant And Equipment Net973.1M940.5M904.9M208.4M245.7M233.4M
Net Debt1.7B1.5B2.0B348M333.9M317.2M
Retained Earnings651M600.7M625.7M822.9M624.4M655.6M
Accounts Payable704.6M688.9M1.0B551.2M556.6M587.2M
Cash507.6M752.1M190M225.7M93.5M88.8M
Non Current Assets Total3.3B3.6B4.1B2.1B1.9B2.7B
Non Currrent Assets Other35.5M40.8M56.4M57.3M3M2.9M
Other Assets35.5M604M56.4M57.3M65.9M62.6M
Long Term Debt1.9B1.9B1.8B205.3M202.4M192.3M
Cash And Short Term Investments507.6M752.1M190M225.7M93.5M88.8M
Net Receivables2.6B2.3B3.0B2.7B2.6B2.0B
Good Will1.8B2.1B2.6B1.5B1.3B2.0B
Common Stock Shares Outstanding132.9M129.3M123M116.3M109.1M141.4M
Liabilities And Stockholders Equity6.6B6.8B7.4B5.1B4.7B6.1B
Non Current Liabilities Total2.4B2.4B2.3B345.8M920.5M874.5M
Inventory53.3M60.2M25.8M15.5M1.00.95
Other Current Assets125.9M106.7M109.5M78.9M109.2M133.6M
Other Stockholder Equity997.9M1.0B910.8M743.8M738.2M955.2M
Total Liab4.9B4.6B5.3B3.0B3.4B4.5B
Property Plant And Equipment Gross973.1M940.5M904.9M208.4M432.9M594.4M
Total Current Assets3.2B3.2B3.4B3.0B2.8B2.5B
Accumulated Other Comprehensive Income(31M)(32.7M)(24.7M)(49.5M)(36.7M)(34.9M)
Short Term Debt28.8M24.3M16.3M288.7M154.6M82.0M
Intangible Assets541.9M542.3M575.6M424.5M317.6M518.8M
Property Plant Equipment609M589.9M904.9M123.6M111.2M105.7M
Current Deferred Revenue(704.6M)(688.9M)(1.0B)54M135.7M142.5M
Net Tangible Assets(677.9M)(476.1M)(1.6B)299.1M344.0M361.2M
Retained Earnings Total Equity651M600.7M625.7M822.9M946.3M993.7M
Long Term Debt Total1.9B1.9B1.8B205.3M184.8M175.5M
Capital Surpluse1.0B1.0B910.8M743.8M669.4M990.7M
Deferred Long Term Liab134.5M128.6M138.4M54M48.6M46.2M

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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.