KAR Short Term Investments vs Total Current Liabilities 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 Short Term Investments and its Total Current Liabilities 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.

Short Term Investments vs Total Current Liabilities

Short Term Investments vs Total Current Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of KAR Auction Services Short Term Investments account and Total Current Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between KAR Auction's Short Term Investments and Total Current Liabilities is 0.61. Overlapping area represents the amount of variation of Short Term Investments that can explain the historical movement of Total Current Liabilities 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 Short Term Investments and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Investments of KAR Auction Services are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Short Term Investments i.e., KAR Auction's Short Term Investments and Total Current Liabilities go up and down completely randomly.

Correlation Coefficient

0.61

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Short Term Investments

Short Term Investments is an item under the current assets section of KAR Auction balance sheet. It contains any investments KAR Auction Services undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that KAR Auction Services can easily liquidate in the marketplace.

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.

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 Expense	126.6M	119.2M	155.8M	115.3M
Depreciation And Amortization	200.5M	67.6M	101.5M	150.0M

Interest Expense Depreciation And Amortization

KAR Auction fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Long Term Debt	Cash And Short Term Investments	Net Receivables	Good Will	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab
Total Assets		0.45	0.82	0.71	0.32	0.81	0.56	0.35	0.41	0.9	0.53	0.56	-0.34	0.42	0.36	0.53	0.73	0.9	0.14	0.29	0.4	0.39	0.18	0.52	-0.16	0.95
Short Long Term Debt Total	0.45		0.1	-0.12	-0.45	0.54	0.95	0.97	-0.43	0.21	0.42	0.92	0.3	0.33	0.99	0.42	-0.09	0.56	0.58	0.2	-0.07	0.97	0.6	0.46	0.4	0.57
Other Current Liab	0.82	0.1		0.89	0.59	0.69	0.29	0.01	0.54	0.88	0.41	0.2	-0.58	0.05	0.0	0.41	0.88	0.62	0.08	0.22	0.55	0.02	-0.07	0.3	-0.21	0.69
Total Current Liabilities	0.71	-0.12	0.89		0.69	0.55	0.03	-0.21	0.73	0.88	0.3	-0.08	-0.59	0.21	-0.21	0.3	0.99	0.44	-0.17	0.0	0.61	-0.21	-0.18	0.18	-0.48	0.57
Total Stockholder Equity	0.32	-0.45	0.59	0.69		0.34	-0.27	-0.58	0.81	0.55	0.36	-0.36	-0.47	0.09	-0.56	0.36	0.67	0.16	-0.38	-0.28	0.49	-0.56	-0.05	-0.36	-0.59	0.03
Other Liab	0.81	0.54	0.69	0.55	0.34		0.64	0.45	0.19	0.78	0.53	0.64	-0.19	0.4	0.45	0.53	0.54	0.83	0.25	0.13	0.3	0.46	0.3	0.28	-0.04	0.74
Property Plant And Equipment Net	0.56	0.95	0.29	0.03	-0.27	0.64		0.89	-0.32	0.36	0.53	0.92	0.1	0.35	0.91	0.53	0.05	0.63	0.64	0.31	-0.01	0.92	0.63	0.43	0.39	0.64
Net Debt	0.35	0.97	0.01	-0.21	-0.58	0.45	0.89		-0.56	0.13	0.2	0.92	0.33	0.23	0.99	0.2	-0.17	0.51	0.6	0.23	-0.17	0.97	0.47	0.47	0.48	0.51
Retained Earnings	0.41	-0.43	0.54	0.73	0.81	0.19	-0.32	-0.56		0.6	0.38	-0.41	-0.25	0.19	-0.54	0.38	0.71	0.17	-0.66	-0.4	0.58	-0.53	-0.03	-0.14	-0.87	0.21
Accounts Payable	0.9	0.21	0.88	0.88	0.55	0.78	0.36	0.13	0.6		0.38	0.33	-0.39	0.35	0.11	0.38	0.88	0.78	-0.07	0.05	0.53	0.13	0.03	0.31	-0.38	0.8
Cash	0.53	0.42	0.41	0.3	0.36	0.53	0.53	0.2	0.38	0.38		0.32	-0.03	0.5	0.31	1.0	0.3	0.37	0.13	-0.03	0.39	0.31	0.71	0.11	-0.2	0.42
Non Current Assets Total	0.56	0.92	0.2	-0.08	-0.36	0.64	0.92	0.92	-0.41	0.33	0.32		0.17	0.3	0.91	0.32	-0.06	0.76	0.6	0.37	-0.17	0.91	0.49	0.44	0.44	0.65
Non Currrent Assets Other	-0.34	0.3	-0.58	-0.59	-0.47	-0.19	0.1	0.33	-0.25	-0.39	-0.03	0.17		0.0	0.32	-0.03	-0.58	-0.17	-0.31	-0.58	-0.02	0.31	0.34	0.01	-0.15	-0.22
Other Assets	0.42	0.33	0.05	0.21	0.09	0.4	0.35	0.23	0.19	0.35	0.5	0.3	0.0		0.31	0.5	0.22	0.35	0.03	-0.01	0.23	0.32	0.31	0.35	-0.18	0.42
Long Term Debt	0.36	0.99	0.0	-0.21	-0.56	0.45	0.91	0.99	-0.54	0.11	0.31	0.91	0.32	0.31		0.31	-0.17	0.5	0.6	0.25	-0.12	0.99	0.52	0.51	0.48	0.52
Cash And Short Term Investments	0.53	0.42	0.41	0.3	0.36	0.53	0.53	0.2	0.38	0.38	1.0	0.32	-0.03	0.5	0.31		0.3	0.37	0.13	-0.03	0.39	0.31	0.71	0.11	-0.2	0.42
Net Receivables	0.73	-0.09	0.88	0.99	0.67	0.54	0.05	-0.17	0.71	0.88	0.3	-0.06	-0.58	0.22	-0.17	0.3		0.46	-0.17	0.0	0.64	-0.17	-0.2	0.25	-0.46	0.6
Good Will	0.9	0.56	0.62	0.44	0.16	0.83	0.63	0.51	0.17	0.78	0.37	0.76	-0.17	0.35	0.5	0.37	0.46		0.23	0.33	0.14	0.52	0.22	0.43	0.02	0.87
Common Stock Total Equity	0.14	0.58	0.08	-0.17	-0.38	0.25	0.64	0.6	-0.66	-0.07	0.13	0.6	-0.31	0.03	0.6	0.13	-0.17	0.23		0.75	-0.44	0.57	0.25	0.19	0.87	0.2
Common Stock Shares Outstanding	0.29	0.2	0.22	0.0	-0.28	0.13	0.31	0.23	-0.4	0.05	-0.03	0.37	-0.58	-0.01	0.25	-0.03	0.0	0.33	0.75		-0.41	0.26	-0.13	0.35	0.74	0.34
Short Term Investments	0.4	-0.07	0.55	0.61	0.49	0.3	-0.01	-0.17	0.58	0.53	0.39	-0.17	-0.02	0.23	-0.12	0.39	0.64	0.14	-0.44	-0.41		-0.09	-0.13	0.38	-0.53	0.33
Non Current Liabilities Total	0.39	0.97	0.02	-0.21	-0.56	0.46	0.92	0.97	-0.53	0.13	0.31	0.91	0.31	0.32	0.99	0.31	-0.17	0.52	0.57	0.26	-0.09		0.5	0.55	0.47	0.57
Inventory	0.18	0.6	-0.07	-0.18	-0.05	0.3	0.63	0.47	-0.03	0.03	0.71	0.49	0.34	0.31	0.52	0.71	-0.2	0.22	0.25	-0.13	-0.13	0.5		-0.23	-0.01	0.15
Other Current Assets	0.52	0.46	0.3	0.18	-0.36	0.28	0.43	0.47	-0.14	0.31	0.11	0.44	0.01	0.35	0.51	0.11	0.25	0.43	0.19	0.35	0.38	0.55	-0.23		0.22	0.69
Other Stockholder Equity	-0.16	0.4	-0.21	-0.48	-0.59	-0.04	0.39	0.48	-0.87	-0.38	-0.2	0.44	-0.15	-0.18	0.48	-0.2	-0.46	0.02	0.87	0.74	-0.53	0.47	-0.01	0.22		-0.03
Total Liab	0.95	0.57	0.69	0.57	0.03	0.74	0.64	0.51	0.21	0.8	0.42	0.65	-0.22	0.42	0.52	0.42	0.6	0.87	0.2	0.34	0.33	0.57	0.15	0.69	-0.03

Click cells to compare fundamentals

KAR Auction Account Relationship Matchups

KAR Auction fundamental ratios 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	2.2B	3.0B	1.7B	1.6B	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	1.0B	551.2M	556.6M	587.2M
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	3.0B	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	920.5M	874.5M
Inventory	53.3M	60.2M	25.8M	15.5M	1.0	0.95
Other Current Assets	125.9M	106.7M	109.5M	78.9M	109.2M	133.6M
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	154.6M	82.0M
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

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

KAR Short Term Investments vs Total Current Liabilities Analysis

Short Term Investments vs Total Current Liabilities

Short Term Investments vs Total Current Liabilities Correlation Analysis

Correlation Coefficient

Short Term Investments

Total Current Liabilities

KAR Auction fundamental ratios Correlations

KAR Auction Account Relationship Matchups

High Positive Relationship

High Negative Relationship

KAR Auction fundamental ratios Accounts

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

Additional Tools for KAR Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Long Term Debt	+ 0.99	Short Long Term Debt Total
Net Receivables	+ 0.99	Total Current Liabilities
Long Term Debt	+ 0.99	Net Debt
Non Current Liabilities Total	+ 0.99	Long Term Debt
Net Debt	+ 0.97	Short Long Term Debt Total

Other Stockholder Equity	- 0.87	Retained Earnings
Common Stock Total Equity	- 0.66	Retained Earnings
Other Stockholder Equity	- 0.59	Total Stockholder Equity
Non Currrent Assets Other	- 0.59	Total Current Liabilities
Common Stock Shares Outstanding	- 0.58	Non Currrent Assets Other
Net Receivables	- 0.58	Non Currrent Assets Other