KAR Other Assets vs Common Stock Shares Outstanding 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 Other Assets and its Common Stock Shares Outstanding 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.

Other Assets vs Common Stock Shares Outstanding

Other Assets vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KAR Auction Services Other Assets account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between KAR Auction's Other Assets and Common Stock Shares Outstanding is -0.01. Overlapping area represents the amount of variation of Other Assets that can explain the historical movement of Common Stock Shares Outstanding 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 Other Assets and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Assets of KAR Auction Services are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Other Assets i.e., KAR Auction's Other Assets and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.01
Relationship DirectionNegative 
Relationship StrengthInsignificant

Other Assets

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect

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.