KAR Total Assets from 2010 to 2024
KAR Stock | USD 20.20 0.09 0.45% |
Total Assets | First Reported 2007-12-31 | Previous Quarter 4.6 B | Current Value 4.6 B | Quarterly Volatility 1.1 B |
Check KAR Auction financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among KAR Auction's main balance sheet or income statement drivers, such as Depreciation And Amortization of 145.9 M, Interest Expense of 115.3 M or Total Revenue of 2.5 B, as well as many indicators such as Price To Sales Ratio of 0.54, Dividend Yield of 0.0261 or PTB Ratio of 0.82. KAR financial statements analysis is a perfect complement when working with KAR Auction Valuation or Volatility modules.
KAR | Total Assets |
Latest KAR Auction's Total Assets Growth Pattern
Below is the plot of the Total Assets of KAR Auction Services over the last few years. Total assets refers to the total amount of KAR Auction assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in KAR Auction Services books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. KAR Auction's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in KAR Auction's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 4.73 B | 10 Years Trend |
|
Total Assets |
Timeline |
KAR Total Assets Regression Statistics
Arithmetic Mean | 5,868,626,039 | |
Geometric Mean | 5,789,862,238 | |
Coefficient Of Variation | 16.99 | |
Mean Deviation | 880,027,775 | |
Median | 5,791,800,000 | |
Standard Deviation | 996,814,946 | |
Sample Variance | 993640T | |
Range | 2.9B | |
R-Value | 0.44 | |
Mean Square Error | 860285.8T | |
R-Squared | 0.20 | |
Significance | 0.1 | |
Slope | 98,692,265 | |
Total Sum of Squares | 13910960.5T |
KAR Total Assets History
Other Fundumenentals of KAR Auction Services
KAR Auction Total Assets component correlations
Click cells to compare fundamentals
About KAR Auction Financial Statements
KAR Auction shareholders use historical fundamental indicators, such as Total Assets, to determine how well the company is positioned to perform in the future. Although KAR Auction investors may analyze each financial statement separately, they are all interrelated. The changes in KAR Auction's assets and liabilities, for example, are also reflected in the revenues and expenses on on KAR Auction's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Total Assets | 4.7 B | 6.1 B | |
Intangibles To Total Assets | 0.34 | 0.48 |
Pair Trading with KAR Auction
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 KAR Auction 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 KAR Auction will appreciate offsetting losses from the drop in the long position's value.Moving together with KAR Stock
Moving against KAR Stock
0.72 | FC | Franklin Covey | PairCorr |
0.67 | MG | Mistras Group | PairCorr |
0.66 | VCIG | VCI Global Limited Trending | PairCorr |
0.51 | EXPO | Exponent | PairCorr |
0.47 | VLTO | Veralto | PairCorr |
The ability to find closely correlated positions to KAR Auction could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace KAR Auction 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 KAR Auction - 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 KAR Auction Services to buy it.
The correlation of KAR Auction is a statistical measure of how it moves in relation to other instruments. 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 KAR Auction moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if KAR Auction Services 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 KAR Auction 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.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.