Carvana Current Liabilities vs Trade and Non Trade Receivables Analysis

CVNA -  USA Stock  

USD 31.52  2.88  10.06%

Carvana Co financial indicator trend analysis is way more than just evaluating Carvana Co Cl prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Carvana Co Cl is a good investment. Please check the relationship between Carvana Co Current Liabilities and its Trade and Non Trade Receivables accounts. Continue to Trending Equities.

Current Liabilities vs Trade and Non Trade Receivables

Current Liabilities vs Trade and Non Trade Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Carvana Co Cl Current Liabilities account and Trade and Non Trade Receivables. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Carvana Co's Current Liabilities and Trade and Non Trade Receivables is 0.98. Overlapping area represents the amount of variation of Current Liabilities that can explain the historical movement of Trade and Non Trade Receivables in the same time period over historical financial statements of Carvana Co Cl, assuming nothing else is changed. The correlation between historical values of Carvana Co's Current Liabilities and Trade and Non Trade Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Current Liabilities of Carvana Co Cl are associated (or correlated) with its Trade and Non Trade Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Trade and Non Trade Receivables has no effect on the direction of Current Liabilities i.e., Carvana Co's Current Liabilities and Trade and Non Trade Receivables go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Current Liabilities

The current portion of Total Liabilities; reported if the company operates a classified balance sheet that segments current and non-current liabilities.

Trade and Non Trade Receivables

A component of Total Assets representing trade and non-trade receivables.
Most indicators from Carvana Co fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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. Continue to Trending Equities.Carvana Co Selling General and Administrative Expense is projected to increase significantly based on the last few years of reporting. The past year's Selling General and Administrative Expense was at 2.03 Billion. The current year Issuance Purchase of Equity Shares is expected to grow to about 2.1 M, whereas Net Cash Flow Business Acquisitions and Disposals is forecasted to decline to (6.5 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 fundamental ratios Correlations

1.00.810.70.680.730.660.670.580.70.76-0.70.660.750.750.670.620.70.730.740.66
1.00.850.710.70.750.670.680.590.720.78-0.720.670.770.770.690.640.720.740.760.68
0.810.850.660.640.70.570.630.520.690.74-0.680.620.730.730.640.570.690.70.70.63
0.70.710.661.01.00.981.00.961.00.83-0.971.00.980.981.00.981.01.01.01.0
0.680.70.641.00.990.981.00.970.990.82-0.971.00.980.981.00.981.00.990.991.0
0.730.750.71.00.990.980.990.941.00.86-0.980.990.990.990.990.961.01.01.00.99
0.660.670.570.980.980.980.980.930.980.86-0.960.980.950.950.980.950.980.980.980.98
0.670.680.631.01.00.990.980.980.990.8-0.961.00.980.981.00.990.990.990.991.0
0.580.590.520.960.970.940.930.980.940.67-0.890.980.920.920.971.00.940.940.930.96
0.70.720.691.00.991.00.980.990.940.85-0.980.990.990.990.990.961.01.01.00.99
0.760.780.740.830.820.860.860.80.670.85-0.880.790.850.850.80.720.850.860.870.82
-0.7-0.72-0.68-0.97-0.97-0.98-0.96-0.96-0.89-0.98-0.88-0.96-0.98-0.98-0.96-0.92-0.98-0.98-0.99-0.96
0.660.670.621.01.00.990.981.00.980.990.79-0.960.970.971.00.990.990.990.981.0
0.750.770.730.980.980.990.950.980.920.990.85-0.980.971.00.980.950.990.990.990.97
0.750.770.730.980.980.990.950.980.920.990.85-0.980.971.00.980.950.990.990.990.97
0.670.690.641.01.00.990.981.00.970.990.8-0.961.00.980.980.990.990.990.991.0
0.620.640.570.980.980.960.950.991.00.960.72-0.920.990.950.950.990.970.960.960.98
0.70.720.691.01.01.00.980.990.941.00.85-0.980.990.990.990.990.971.01.00.99
0.730.740.71.00.991.00.980.990.941.00.86-0.980.990.990.990.990.961.01.00.99
0.740.760.71.00.991.00.980.990.931.00.87-0.990.980.990.990.990.961.01.00.99
0.660.680.631.01.00.990.981.00.960.990.82-0.961.00.970.971.00.980.990.990.99
Click cells to compare fundamentals

Carvana Co Account Relationship Matchups

Carvana Co fundamental ratios Accounts

201720182019202020212022 (projected)
Total Assets641.14 M991.01 M2.06 B3.04 B7.01 B7.57 B
Current Assets489.72 M662.85 M1.36 B1.92 B4.89 B5.28 B
Assets Non Current151.42 M328.16 M698.33 M1.11 B2.12 B2.29 B
Cash and Equivalents187.12 M88.71 M118.46 M329 M636 M686.21 M
Cash and Equivalents USD187.12 M88.71 M118.46 M329 M636 M686.21 M
Total Debt302.39 M633.45 M1.62 B1.87 B5.77 B6.23 B
Debt Current253.92 M208.1 M617.57 M105 M2.21 B2.38 B
Debt Non Current48.47 M425.35 M999.13 M1.76 B3.57 B3.85 B
Total Debt USD302.39 M633.45 M1.62 B1.87 B5.77 B6.23 B
Shareholders Equity125.74 M79.69 M98.11 M388 M306 M330.16 M
Shareholders Equity USD125.74 M79.69 M98.11 M388 M306 M330.16 M
Inventory227.45 M412.24 M762.7 M1.04 B3.15 B3.4 B
Investments45.56 M105.2 M385.75 M406 M738 M796.26 M
Investments Current45.56 M105.2 M385.75 M406 M738 M796.26 M
Total Liabilities361.59 M763.59 M1.87 B2.23 B6.49 B7 B
Current Liabilities306.03 M329.51 M864.87 M467 M2.89 B3.12 B
Liabilities Non Current55.56 M434.07 M1 B1.77 B3.6 B3.88 B
Trade and Non Trade Payables52.11 M121.42 M234.44 M342 M656 M707.79 M
Property Plant and Equipment Net148.68 M296.84 M666.89 M1.06 B1.93 B2.08 B
Trade and Non Trade Receivables14.11 M33.12 M39.86 M79 M206 M222.26 M

Be your own money manager

Our tools can tell you how much better you can do entering a position in Carvana Co without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Instant Ratings Now

   

Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

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 Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

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.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
CEO Directory
Screen CEOs from public companies around the world
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
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
5.6 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.