Carvana Historical Income Statement

CVNA
 Stock
  

USD 21.87  0.71  3.14%   

Historical analysis of Carvana Co income statement accounts such as Cost of Revenue of 11.7 B, Earning Before Interest and Taxes EBIT of 45.3 M or Gross Profit of 2.1 B can show how well Carvana Co Cl performed in making a profits. Evaluating Carvana Co income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Carvana Co's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining Carvana Co Cl 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 Carvana Co Cl is a good buy for the upcoming year.
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Carvana Co Net Income

(145.66 Million)

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About Carvana Income Statement Analysis

Carvana Co Cl Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Carvana Co shareholders. The income statement also shows Carvana investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Carvana Co Income Statement Chart

Carvana Co Cl Income Statement is one of the three primary financial statements used for reporting Carvana's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Carvana Co Cl revenue and expense. Carvana Co Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Carvana Co Direct Expenses is projected to increase significantly based on the last few years of reporting. The past year's Direct Expenses was at 1.58 Billion. The current year Cost of Revenue is expected to grow to about 11.7 B, whereas Consolidated Income is forecasted to decline to (309.7 M).

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Revenues

Revenues refers to the total amount of money received by Carvana Co for goods sold or services provided during a certain time period. It also includes all of Carvana Co Cl sales as well as any other increase in Carvana Co Cl equity.Revenues are reported on Carvana Co Cl income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Most accounts from Carvana Co income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Carvana Co Cl current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Trending Equities.Carvana Co Direct Expenses is projected to increase significantly based on the last few years of reporting. The past year's Direct Expenses was at 1.58 Billion. The current year Cost of Revenue is expected to grow to about 11.7 B, whereas Consolidated Income is forecasted to decline to (309.7 M).
 2019 2020 2021 2022 (projected)
Revenues USD3.94 B5.59 B12.81 B13.83 B
Revenues3.94 B5.59 B12.81 B13.83 B

Carvana Co income statement Correlations

Carvana Co Account Relationship Matchups

Carvana Co income statement Accounts

201720182019202020212022 (projected)
Direct Expenses129.05 M345.95 M790.78 M1.76 B1.58 B1.71 B
Consolidated Income(164.32 M)(254.75 M)(365 M)(462 M)(287 M)(309.66 M)
Cost of Revenue790.78 M1.76 B3.43 B4.79 B10.88 B11.74 B
Earning Before Interest and Taxes EBIT(55.18 M)(30.46 M)(34 M)(40 M)42 M45.32 M
Earning Before Interest and Taxes USD(55.18 M)(30.46 M)(34 M)(40 M)42 M45.32 M
Gross Profit68.09 M196.71 M507 M794 M1.93 B2.08 B
Interest Expense7.66 M25.02 M81 M131 M176 M189.89 M
Net Income(62.84 M)(55.48 M)(115 M)(171 M)(135 M)(145.66 M)
Net Income Common Stock(64.49 M)(61.06 M)(115 M)(171 M)(135 M)(145.66 M)
Net Income Common Stock USD(64.49 M)(61.06 M)(115 M)(171 M)(135 M)(145.66 M)
Operating Expenses223.4 M425.26 M787 M1.13 B2.03 B2.19 B
Operating Income(155.31 M)(228.55 M)(280 M)(332 M)(104 M)(112.21 M)
Revenues858.87 M1.96 B3.94 B5.59 B12.81 B13.83 B
Revenues USD858.87 M1.96 B3.94 B5.59 B12.81 B13.83 B
Selling General and Administrative Expense223.4 M425.26 M787 M1.13 B2.03 B2.19 B
Weighted Average Shares132.73 M144.07 M151.56 M171.78 M172.79 M178.28 M
Weighted Average Shares Diluted96.58 M103.29 M15.24 M30.04 M34.55 M35.46 M

Carvana Co Investors Sentiment

The influence of Carvana Co's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Carvana. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Carvana Co Implied Volatility

    
  152.14  
Carvana Co's implied volatility exposes the market's sentiment of Carvana Co Cl stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Carvana Co's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Carvana Co stock will not fluctuate a lot when Carvana Co's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Carvana Co in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Carvana Co's short interest history, or implied volatility extrapolated from Carvana Co options trading.

Current Sentiment - CVNA

Carvana Co Cl Investor Sentiment

Most of Macroaxis users are currently bullish on Carvana Co Cl. What is your opinion about investing in Carvana Co Cl? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Carvana Co

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 Carvana Co 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 Carvana Co will appreciate offsetting losses from the drop in the long position's value.

Carvana Co Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Carvana Co could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Carvana Co 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 Carvana Co - 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 Carvana Co Cl to buy it.
The correlation of Carvana Co is a statistical measure of how it moves in relation to other equities. 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 Carvana Co moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Carvana Co Cl 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 Carvana Co 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.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Carvana Co Cl information on this page should be used as a complementary analysis to other Carvana Co's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Carvana Stock analysis

When running Carvana Co Cl price analysis, check to measure Carvana Co'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 Carvana Co is operating at the current time. Most of Carvana Co's value examination focuses on studying past and present price action to predict the probability of Carvana Co's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Carvana Co's price. Additionally, you may evaluate how the addition of Carvana Co to your portfolios can decrease your overall portfolio volatility.
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Is Carvana Co's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carvana Co. If investors know Carvana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carvana Co listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
3.9 B
Quarterly Revenue Growth YOY
0.56
Return On Assets
-0.0489
Return On Equity
-1.84
The market value of Carvana Co Cl is measured differently than its book value, which is the value of Carvana that is recorded on the company's balance sheet. Investors also form their own opinion of Carvana Co's value that differs from its market value or its book value, called intrinsic value, which is Carvana Co's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carvana Co's market value can be influenced by many factors that don't directly affect Carvana Co's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carvana Co's value and its price as these two are different measures arrived at by different means. Investors typically determine Carvana Co value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carvana Co's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.