CarGurus Cash And Short Term Investments vs Short Term Investments Analysis

CARG Stock

USD 31.21 0.13 0.42%

CarGurus financial indicator trend analysis is way more than just evaluating CarGurus prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CarGurus is a good investment. Please check the relationship between CarGurus Cash And Short Term Investments and its Short Term Investments accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.

Cash And Short Term Investments vs Short Term Investments

Cash And Short Term Investments vs Short Term Investments Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarGurus Cash And Short Term Investments account and Short Term Investments. At this time, the significance of the direction appears to have almost no relationship.

The correlation between CarGurus' Cash And Short Term Investments and Short Term Investments is 0.18. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Short Term Investments in the same time period over historical financial statements of CarGurus, assuming nothing else is changed. The correlation between historical values of CarGurus' Cash And Short Term Investments and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of CarGurus are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Cash And Short Term Investments i.e., CarGurus' Cash And Short Term Investments and Short Term Investments go up and down completely randomly.

Correlation Coefficient

0.18

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of CarGurus balance sheet. This account contains CarGurus investments that will expire within one year. These investments include stocks and bonds that can be liquidated by CarGurus fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Short Term Investments

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

Most indicators from CarGurus' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CarGurus 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.At this time, CarGurus' Enterprise Value Over EBITDA is most likely to increase significantly in the upcoming years. The CarGurus' current Enterprise Value Multiple is estimated to increase to 22.47, while Tax Provision is projected to decrease to roughly 3.5 M.

	2022	2023	2024	2025 (projected)
Depreciation And Amortization	56.4M	48.5M	25.4M	24.5M
Interest Income	3.8M	15.7M	12.2M	12.8M

Depreciation And Amortization Interest Income

CarGurus fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Capital Surpluse	Other Current Assets	Other Stockholder Equity	Total Liab	Deferred Long Term Liab
Total Assets		0.44	0.93	0.98	0.45	0.92	0.78	0.91	-0.64	0.86	0.82	0.9	0.97	0.94	0.73	0.95	0.7	0.84	0.45	0.15	0.77	0.92	0.96	0.92	0.94	-0.66
Other Current Liab	0.44		0.65	0.37	0.79	0.19	-0.09	0.2	-0.34	-0.01	0.74	0.25	0.31	0.32	0.1	0.4	0.79	0.38	0.15	0.52	-0.08	0.28	0.26	0.6	0.32	0.01
Total Current Liabilities	0.93	0.65		0.87	0.69	0.83	0.67	0.83	-0.48	0.69	0.96	0.71	0.88	0.87	0.64	0.85	0.86	0.83	0.38	0.38	0.68	0.87	0.84	0.91	0.9	-0.51
Total Stockholder Equity	0.98	0.37	0.87		0.33	0.92	0.77	0.89	-0.72	0.88	0.74	0.94	0.95	0.94	0.76	0.98	0.59	0.83	0.47	0.11	0.75	0.91	0.96	0.92	0.9	-0.66
Other Liab	0.45	0.79	0.69	0.33		0.32	0.15	0.28	-0.2	0.15	0.73	0.2	0.34	0.27	0.04	0.34	0.89	0.35	0.13	0.36	0.19	0.4	0.36	0.49	0.41	-0.3
Net Tangible Assets	0.92	0.19	0.83	0.92	0.32		0.91	0.91	-0.55	0.96	0.71	0.84	0.91	0.91	0.76	0.9	0.53	0.87	0.39	0.08	0.9	0.99	0.91	0.82	0.89	-0.65
Property Plant And Equipment Net	0.78	-0.09	0.67	0.77	0.15	0.91		0.89	-0.27	0.94	0.57	0.67	0.85	0.81	0.65	0.69	0.35	0.7	0.33	-0.08	1.0	0.89	0.82	0.58	0.87	-0.6
Current Deferred Revenue	0.91	0.2	0.83	0.89	0.28	0.91	0.89		-0.36	0.87	0.73	0.75	0.96	0.94	0.77	0.82	0.49	0.87	0.33	0.18	0.88	0.91	0.92	0.75	0.97	-0.52
Net Debt	-0.64	-0.34	-0.48	-0.72	-0.2	-0.55	-0.27	-0.36		-0.56	-0.31	-0.87	-0.52	-0.47	-0.34	-0.78	-0.39	-0.41	-0.36	0.22	-0.24	-0.54	-0.63	-0.66	-0.37	0.65
Retained Earnings	0.86	-0.01	0.69	0.88	0.15	0.96	0.94	0.87	-0.56		0.55	0.85	0.89	0.85	0.69	0.83	0.39	0.71	0.48	-0.16	0.92	0.91	0.89	0.71	0.84	-0.72
Accounts Payable	0.82	0.74	0.96	0.74	0.73	0.71	0.57	0.73	-0.31	0.55		0.53	0.77	0.78	0.53	0.71	0.83	0.77	0.3	0.5	0.58	0.77	0.68	0.84	0.81	-0.31
Cash	0.9	0.25	0.71	0.94	0.2	0.84	0.67	0.75	-0.87	0.85	0.53		0.86	0.78	0.62	0.94	0.48	0.68	0.42	-0.16	0.64	0.81	0.92	0.8	0.76	-0.76
Non Current Assets Total	0.97	0.31	0.88	0.95	0.34	0.91	0.85	0.96	-0.52	0.89	0.77	0.86		0.93	0.71	0.88	0.6	0.8	0.43	0.07	0.85	0.9	0.96	0.83	0.98	-0.64
Non Currrent Assets Other	0.94	0.32	0.87	0.94	0.27	0.91	0.81	0.94	-0.47	0.85	0.78	0.78	0.93		0.88	0.9	0.51	0.9	0.49	0.33	0.79	0.9	0.88	0.9	0.92	-0.46
Other Assets	0.73	0.1	0.64	0.76	0.04	0.76	0.65	0.77	-0.34	0.69	0.53	0.62	0.71	0.88		0.78	0.26	0.83	0.45	0.47	0.63	0.74	0.71	0.77	0.72	-0.35
Cash And Short Term Investments	0.95	0.4	0.85	0.98	0.34	0.9	0.69	0.82	-0.78	0.83	0.71	0.94	0.88	0.9	0.78		0.58	0.85	0.44	0.18	0.67	0.9	0.92	0.94	0.82	-0.65
Net Receivables	0.7	0.79	0.86	0.59	0.89	0.53	0.35	0.49	-0.39	0.39	0.83	0.48	0.6	0.51	0.26	0.58		0.5	0.29	0.28	0.39	0.58	0.59	0.7	0.65	-0.47
Common Stock Total Equity	0.84	0.38	0.83	0.83	0.35	0.87	0.7	0.87	-0.41	0.71	0.77	0.68	0.8	0.9	0.83	0.85	0.5		0.14	0.47	0.69	0.9	0.8	0.82	0.83	-0.35
Common Stock Shares Outstanding	0.45	0.15	0.38	0.47	0.13	0.39	0.33	0.33	-0.36	0.48	0.3	0.42	0.43	0.49	0.45	0.44	0.29	0.14		0.02	0.32	0.31	0.37	0.58	0.35	-0.34
Short Term Investments	0.15	0.52	0.38	0.11	0.36	0.08	-0.08	0.18	0.22	-0.16	0.5	-0.16	0.07	0.33	0.47	0.18	0.28	0.47	0.02		-0.07	0.15	0.02	0.39	0.18	0.37
Non Current Liabilities Total	0.77	-0.08	0.68	0.75	0.19	0.9	1.0	0.88	-0.24	0.92	0.58	0.64	0.85	0.79	0.63	0.67	0.39	0.69	0.32	-0.07		0.88	0.81	0.57	0.87	-0.61
Capital Surpluse	0.92	0.28	0.87	0.91	0.4	0.99	0.89	0.91	-0.54	0.91	0.77	0.81	0.9	0.9	0.74	0.9	0.58	0.9	0.31	0.15	0.88		0.9	0.83	0.9	-0.61
Other Current Assets	0.96	0.26	0.84	0.96	0.36	0.91	0.82	0.92	-0.63	0.89	0.68	0.92	0.96	0.88	0.71	0.92	0.59	0.8	0.37	0.02	0.81	0.9		0.81	0.93	-0.77
Other Stockholder Equity	0.92	0.6	0.91	0.92	0.49	0.82	0.58	0.75	-0.66	0.71	0.84	0.8	0.83	0.9	0.77	0.94	0.7	0.82	0.58	0.39	0.57	0.83	0.81		0.79	-0.5
Total Liab	0.94	0.32	0.9	0.9	0.41	0.89	0.87	0.97	-0.37	0.84	0.81	0.76	0.98	0.92	0.72	0.82	0.65	0.83	0.35	0.18	0.87	0.9	0.93	0.79		-0.58
Deferred Long Term Liab	-0.66	0.01	-0.51	-0.66	-0.3	-0.65	-0.6	-0.52	0.65	-0.72	-0.31	-0.76	-0.64	-0.46	-0.35	-0.65	-0.47	-0.35	-0.34	0.37	-0.61	-0.61	-0.77	-0.5	-0.58

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CarGurus Account Relationship Matchups

CarGurus fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	502.3M	931.6M	927.1M	918.9M	824.5M	563.3M
Other Current Liab	1.3M	50.4M	24.4M	8.6M	(898K)	(853.1K)
Total Current Liabilities	66.5M	170.7M	98.7M	115.2M	93.1M	84.7M
Total Stockholder Equity	373.6M	516.8M	734.6M	616.9M	541.7M	383.2M
Other Liab	2.2M	3.4M	23.7M	5.4M	6.2M	8.6M
Net Tangible Assets	237.7M	333.6M	437.4M	560.8M	645.0M	677.2M
Property Plant And Equipment Net	88.3M	92.8M	97.0M	253.1M	251.5M	264.1M
Current Deferred Revenue	9.1M	12.8M	12.2M	21.3M	21.7M	11.6M
Net Debt	(120.4M)	(161.2M)	(403.1M)	(97.0M)	(111.4M)	(117.0M)
Retained Earnings	129.4M	129.3M	323.0M	354.1M	375.1M	393.9M
Accounts Payable	21.6M	66.2M	32.5M	47.9M	26.4M	34.8M
Cash	190.3M	231.9M	469.5M	291.4M	304.2M	193.7M
Non Current Assets Total	170.3M	368.5M	369.7M	527.7M	433.3M	237.7M
Non Currrent Assets Other	13.1M	14.2M	17.4M	20.4M	17.2M	12.3M
Other Assets	67.6M	102.8M	33.4M	62.2M	71.6M	44.2M
Cash And Short Term Investments	290.3M	321.9M	469.5M	312.1M	304.2M	253.1M
Net Receivables	18.2M	189.3M	46.8M	40.0M	44.2M	43.9M
Common Stock Total Equity	111K	112K	113K	118K	135.7K	105.2K
Common Stock Shares Outstanding	113.8M	117.1M	128.2M	114.2M	106.3M	118.9M
Short Term Investments	122.8M	111.7M	100M	90M	0.0	20.7M
Liabilities And Stockholders Equity	502.3M	931.6M	927.1M	918.9M	824.5M	563.3M
Non Current Liabilities Total	62.2M	81.2M	57.0M	186.9M	189.8M	199.3M
Capital Surpluse	205.2M	242.2M	387.9M	413.1M	475.1M	498.8M
Other Current Assets	23.4M	32.2M	35.8M	38.8M	42.4M	21.8M
Other Stockholder Equity	242.2M	387.9M	413.1M	263.5M	169.0M	206.8M
Total Liab	128.7M	251.9M	155.7M	302.1M	282.8M	158.2M
Deferred Long Term Liab	10.5M	291K	58K	54K	48.6K	46.2K
Property Plant And Equipment Gross	88.3M	92.8M	97.0M	312.0M	316.1M	331.9M
Total Current Assets	332.0M	563.1M	557.4M	391.2M	391.2M	325.7M
Accumulated Other Comprehensive Income	1.9M	(403K)	(1.6M)	(901K)	(2.5M)	(2.4M)
Common Stock	112K	113K	118K	108K	104K	107.5K
Property Plant Equipment	87.9M	27.5M	32.2M	40.1M	46.1M	34.2M
Non Current Liabilities Other	61.9M	81.2M	57.0M	4.7M	6.0M	5.7M
Good Will	29.1M	158.3M	157.5M	157.9M	46.2M	88.7M
Retained Earnings Total Equity	51.9M	129.4M	129.3M	323.0M	371.5M	390.1M
Inventory	(100M)	19.7M	5.3M	331K	338K	354.9K
Net Invested Capital	373.6M	516.8M	734.6M	616.9M	541.7M	462.2M
Net Working Capital	265.4M	392.4M	458.6M	276.0M	298.2M	286.2M
Intangible Assets	10.9M	83.9M	53.1M	23.1M	11.8M	11.2M

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When determining whether CarGurus is a strong investment it is important to analyze CarGurus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CarGurus' future performance. For an informed investment choice regarding CarGurus Stock, refer to the following important reports:

How To Invest In CarGurus

Details

Is CarGurus Stock a good investment?

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What is CarGurus' Net Worth?

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Largest Interactive Media & Services Companies

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Largest Auto & Truck Dealerships Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.

You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Is Interactive Media & Services space 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 CarGurus. If investors know CarGurus 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 CarGurus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.265

Earnings Share

0.2

Revenue Per Share

8.556

Quarterly Revenue Growth

0.024

Return On Assets

0.1132

The market value of CarGurus is measured differently than its book value, which is the value of CarGurus that is recorded on the company's balance sheet. Investors also form their own opinion of CarGurus' value that differs from its market value or its book value, called intrinsic value, which is CarGurus' 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 CarGurus' market value can be influenced by many factors that don't directly affect CarGurus' 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 CarGurus' value and its price as these two are different measures arrived at by different means. Investors typically determine if CarGurus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarGurus' 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.

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CarGurus Cash And Short Term Investments vs Short Term Investments Analysis

Cash And Short Term Investments vs Short Term Investments

Cash And Short Term Investments vs Short Term Investments Correlation Analysis

Correlation Coefficient

Cash And Short Term Investments

Short Term Investments

CarGurus fundamental ratios Correlations

CarGurus Account Relationship Matchups

High Positive Relationship

High Negative Relationship

CarGurus fundamental ratios Accounts

Currently Active Assets on Macroaxis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Liabilities Total	+ 1.0	Property Plant And Equipment Net
Capital Surpluse	+ 0.99	Net Tangible Assets
Total Stockholder Equity	+ 0.98	Total Assets
Cash And Short Term Investments	+ 0.98	Total Stockholder Equity
Total Liab	+ 0.98	Non Current Assets Total
Non Current Assets Total	+ 0.97	Total Assets

Cash	- 0.87	Net Debt
Cash And Short Term Investments	- 0.78	Net Debt
Deferred Long Term Liab	- 0.77	Other Current Assets
Deferred Long Term Liab	- 0.76	Cash
Deferred Long Term Liab	- 0.72	Retained Earnings
Net Debt	- 0.72	Total Stockholder Equity