Cars Accumulated Depreciation vs Long Term Debt Total Analysis

CARS Stock

USD 15.30 0.02 0.13%

Cars financial indicator trend analysis is way more than just evaluating Cars Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cars Inc is a good investment. Please check the relationship between Cars Accumulated Depreciation and its Long Term Debt Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cars Inc. 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.

Accumulated Depreciation vs Long Term Debt Total

Accumulated Depreciation vs Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cars Inc Accumulated Depreciation account and Long Term Debt Total. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Cars' Accumulated Depreciation and Long Term Debt Total is -0.6. Overlapping area represents the amount of variation of Accumulated Depreciation that can explain the historical movement of Long Term Debt Total in the same time period over historical financial statements of Cars Inc, assuming nothing else is changed. The correlation between historical values of Cars' Accumulated Depreciation and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accumulated Depreciation of Cars Inc are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Accumulated Depreciation i.e., Cars' Accumulated Depreciation and Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

-0.6

Relationship Direction	Negative
Relationship Strength	Weak

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Accumulated Depreciation

Accumulated depreciation is the total amount of depreciation for Cars Inc fixed asset that has been charged to Cars expense since that asset was acquired and made available for Cars use. The accumulated depreciation account is Cars Inc asset account with a credit balance. It is also known as a contra asset account and appears on the balance sheet as a reduction from the gross amount of fixed assets reported by Cars Inc.

Long Term Debt Total

Most indicators from Cars' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cars Inc 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 Cars Inc. 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.

At this time, Cars' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 15.72 in 2025, despite the fact that Tax Provision is likely to grow to (85.8 M).

	2022	2023	2024	2025 (projected)
Gross Profit	538.9M	467.4M	537.5M	527.5M
Total Revenue	653.9M	689.2M	792.6M	655.3M

Gross Profit Total Revenue

Cars fundamental ratios Correlations

	Common Stock Shares Outstanding	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	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Common Stock Shares Outstanding		0.54	-0.79	-0.35	0.63	0.36	0.32	-0.54	0.3	-0.44	-0.53	-0.47	0.53	-0.55	-0.47	-0.41	0.59	-0.42	-0.51	0.29	-0.47	-0.44	-0.57	-0.76	-0.57	0.42
Total Assets	0.54		-0.81	-0.24	0.95	0.7	0.41	-0.78	0.3	-0.58	-0.81	-0.86	1.0	-0.6	-0.86	-0.21	0.98	-0.51	-0.68	0.19	-0.73	-0.52	-0.86	-0.82	-0.73	0.75
Other Current Liab	-0.79	-0.81		0.39	-0.91	-0.34	-0.65	0.89	-0.62	0.77	0.72	0.77	-0.81	0.63	0.77	0.41	-0.77	0.73	0.89	-0.36	0.85	0.76	0.74	0.93	0.81	-0.75
Total Current Liabilities	-0.35	-0.24	0.39		-0.2	-0.13	0.01	0.19	0.06	0.06	0.73	0.11	-0.25	0.55	0.11	0.95	-0.23	0.05	0.35	0.27	0.13	0.13	0.21	0.46	0.6	0.21
Total Stockholder Equity	0.63	0.95	-0.91	-0.2		0.49	0.64	-0.91	0.49	-0.77	-0.74	-0.89	0.95	-0.52	-0.89	-0.18	0.92	-0.72	-0.81	0.36	-0.88	-0.73	-0.87	-0.85	-0.75	0.84
Other Liab	0.36	0.7	-0.34	-0.13	0.49		-0.27	-0.2	-0.24	0.06	-0.61	-0.49	0.69	-0.51	-0.49	-0.12	0.72	0.16	-0.13	-0.21	-0.12	0.14	-0.52	-0.48	-0.38	0.37
Net Tangible Assets	0.32	0.41	-0.65	0.01	0.64	-0.27		-0.86	0.74	-0.97	-0.25	-0.61	0.42	0.08	-0.61	0.02	0.32	-0.99	-0.8	0.61	-0.9	-0.98	-0.55	-0.4	-0.48	0.69
Property Plant And Equipment Net	-0.54	-0.78	0.89	0.19	-0.91	-0.2	-0.86		-0.68	0.95	0.63	0.83	-0.79	0.33	0.83	0.2	-0.68	0.91	0.94	-0.53	0.99	0.92	0.82	0.75	0.74	-0.87
Current Deferred Revenue	0.3	0.3	-0.62	0.06	0.49	-0.24	0.74	-0.68		-0.74	-0.07	-0.48	0.31	-0.09	-0.48	-0.01	0.23	-0.75	-0.76	0.41	-0.73	-0.74	-0.31	-0.41	-0.42	0.62
Net Debt	-0.44	-0.58	0.77	0.06	-0.77	0.06	-0.97	0.95	-0.74		0.41	0.74	-0.58	0.07	0.74	0.06	-0.48	0.99	0.89	-0.59	0.97	0.99	0.68	0.56	0.62	-0.81
Accounts Payable	-0.53	-0.81	0.72	0.73	-0.74	-0.61	-0.25	0.63	-0.07	0.41		0.66	-0.82	0.66	0.66	0.68	-0.78	0.35	0.63	0.05	0.55	0.41	0.72	0.77	0.84	-0.39
Cash	-0.47	-0.86	0.77	0.11	-0.89	-0.49	-0.61	0.83	-0.48	0.74	0.66		-0.87	0.26	1.0	0.09	-0.81	0.7	0.76	-0.08	0.83	0.7	0.72	0.63	0.83	-0.85
Non Current Assets Total	0.53	1.0	-0.81	-0.25	0.95	0.69	0.42	-0.79	0.31	-0.58	-0.82	-0.87		-0.59	-0.87	-0.22	0.98	-0.52	-0.69	0.18	-0.74	-0.53	-0.86	-0.82	-0.74	0.76
Other Assets	-0.55	-0.6	0.63	0.55	-0.52	-0.51	0.08	0.33	-0.09	0.07	0.66	0.26	-0.59		0.26	0.59	-0.61	0.01	0.4	0.0	0.24	0.06	0.37	0.85	0.47	-0.24
Cash And Short Term Investments	-0.47	-0.86	0.77	0.11	-0.89	-0.49	-0.61	0.83	-0.48	0.74	0.66	1.0	-0.87	0.26		0.09	-0.81	0.7	0.76	-0.08	0.83	0.7	0.72	0.63	0.83	-0.85
Net Receivables	-0.41	-0.21	0.41	0.95	-0.18	-0.12	0.02	0.2	-0.01	0.06	0.68	0.09	-0.22	0.59	0.09		-0.19	0.05	0.36	0.22	0.13	0.13	0.2	0.49	0.61	0.17
Good Will	0.59	0.98	-0.77	-0.23	0.92	0.72	0.32	-0.68	0.23	-0.48	-0.78	-0.81	0.98	-0.61	-0.81	-0.19		-0.41	-0.57	0.13	-0.64	-0.43	-0.83	-0.79	-0.67	0.66
Non Current Liabilities Total	-0.42	-0.51	0.73	0.05	-0.72	0.16	-0.99	0.91	-0.75	0.99	0.35	0.7	-0.52	0.01	0.7	0.05	-0.41		0.86	-0.59	0.95	1.0	0.62	0.5	0.58	-0.76
Inventory	-0.51	-0.68	0.89	0.35	-0.81	-0.13	-0.8	0.94	-0.76	0.89	0.63	0.76	-0.69	0.4	0.76	0.36	-0.57	0.86		-0.39	0.94	0.88	0.66	0.77	0.8	-0.78
Other Current Assets	0.29	0.19	-0.36	0.27	0.36	-0.21	0.61	-0.53	0.41	-0.59	0.05	-0.08	0.18	0.0	-0.08	0.22	0.13	-0.59	-0.39		-0.52	-0.56	-0.52	-0.3	0.12	0.47
Other Stockholder Equity	-0.47	-0.73	0.85	0.13	-0.88	-0.12	-0.9	0.99	-0.73	0.97	0.55	0.83	-0.74	0.24	0.83	0.13	-0.64	0.95	0.94	-0.52		0.95	0.76	0.68	0.71	-0.87
Total Liab	-0.44	-0.52	0.76	0.13	-0.73	0.14	-0.98	0.92	-0.74	0.99	0.41	0.7	-0.53	0.06	0.7	0.13	-0.43	1.0	0.88	-0.56	0.95		0.64	0.53	0.63	-0.74
Long Term Investments	-0.57	-0.86	0.74	0.21	-0.87	-0.52	-0.55	0.82	-0.31	0.68	0.72	0.72	-0.86	0.37	0.72	0.2	-0.83	0.62	0.66	-0.52	0.76	0.64		0.7	0.59	-0.69
Property Plant And Equipment Gross	-0.76	-0.82	0.93	0.46	-0.85	-0.48	-0.4	0.75	-0.41	0.56	0.77	0.63	-0.82	0.85	0.63	0.49	-0.79	0.5	0.77	-0.3	0.68	0.53	0.7		0.72	-0.64
Total Current Assets	-0.57	-0.73	0.81	0.6	-0.75	-0.38	-0.48	0.74	-0.42	0.62	0.84	0.83	-0.74	0.47	0.83	0.61	-0.67	0.58	0.8	0.12	0.71	0.63	0.59	0.72		-0.55
Short Term Debt	0.42	0.75	-0.75	0.21	0.84	0.37	0.69	-0.87	0.62	-0.81	-0.39	-0.85	0.76	-0.24	-0.85	0.17	0.66	-0.76	-0.78	0.47	-0.87	-0.74	-0.69	-0.64	-0.55

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Cars Account Relationship Matchups

Cars fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	67.2M	71.3M	69.6M	68.2M	61.4M	56.2M
Total Assets	1.1B	1.0B	1.0B	1.2B	1.1B	1.5B
Other Current Liab	66.1M	69.9M	73.6M	100.4M	115.4M	121.2M
Total Current Liabilities	90.4M	94.3M	106.0M	145.7M	167.6M	111.8M
Total Stockholder Equity	340.2M	366.9M	384.4M	492.1M	442.9M	420.8M
Other Liab	137.2M	34.6M	88.6M	49.6M	44.7M	84.7M
Net Tangible Assets	(694.3M)	(495.0M)	(428.7M)	(425.5M)	(383.0M)	(402.1M)
Property Plant And Equipment Net	41.3M	43.0M	45.2M	43.9M	50.4M	39.2M
Net Debt	516.2M	427.3M	440.7M	444.1M	510.7M	404.0M
Accounts Payable	16.5M	15.4M	18.2M	22.3M	25.6M	14.4M
Cash	67.7M	39.1M	31.7M	39.2M	45.1M	27.1M
Non Current Assets Total	897.6M	859.8M	876.2M	994.0M	894.6M	1.4B
Other Assets	171K	68K	6.5M	7.4M	8.5M	8.9M
Cash And Short Term Investments	67.7M	39.1M	31.7M	39.2M	45.1M	27.1M
Net Receivables	93.6M	98.9M	107.9M	125.4M	144.2M	114.0M
Good Will	0.0	26.2M	102.9M	147.1M	132.4M	125.7M
Liabilities And Stockholders Equity	1.1B	1.0B	1.0B	1.2B	1.1B	1.5B
Non Current Liabilities Total	645.2M	546.0M	534.4M	534.6M	614.8M	540.5M
Inventory	6.5M	7.8M	8.4M	12.6M	14.4M	7.6M
Other Current Assets	16.7M	9.5M	9.0M	13.9M	12.5M	8.7M
Other Stockholder Equity	1.5B	1.5B	1.5B	1.5B	1.7B	1.2B
Total Liab	735.5M	640.3M	640.4M	680.3M	782.4M	652.3M
Long Term Investments	21.1M	21.1M	21.1M	21.0M	24.1M	18.0M
Property Plant And Equipment Gross	41.3M	100.4M	115.0M	131.6M	151.4M	158.9M
Total Current Assets	178.1M	147.4M	148.6M	178.4M	205.2M	156.1M
Accumulated Other Comprehensive Income	(7.6M)	(6.8M)	(2.0M)	951K	1.1M	1.1M
Short Term Debt	7.8M	8.9M	14.1M	23.1M	20.8M	22.1M
Intangible Assets	835.2M	769.4M	707.1M	669.2M	602.3M	985.4M
Common Stock	674K	692K	662K	659K	593.1K	563.4K
Property Plant Equipment	60.6M	41.3M	43.0M	45.2M	52.0M	40.2M
Non Currrent Assets Other	(68K)	(60K)	(48K)	21.0M	24.1M	25.3M
Non Current Liabilities Other	38.2M	57.5M	76.2M	65.7M	75.6M	44.0M
Short Long Term Debt Total	583.9M	466.3M	472.4M	483.2M	434.9M	447.9M
Retained Earnings	(1.2B)	(1.2B)	(1.1B)	(1.0B)	(908.8M)	(954.2M)
Long Term Debt	576.1M	457.4M	458.2M	460.1M	414.1M	432.6M
Common Stock Total Equity	668K	674K	692K	662K	595.8K	546K
Retained Earnings Total Equity	(367.1M)	(1.2B)	(1.2B)	(1.1B)	(1.0B)	(964.6M)
Long Term Debt Total	611.3M	576.1M	457.4M	458.2M	412.4M	443.4M
Capital Surpluse	1.5B	1.5B	1.5B	1.5B	1.7B	1.7B

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