| CRMT Stock | | | USD 47.21 0.66 1.42% |
Americas Car financial indicator trend analysis is way more than just evaluating Americas Car Mart prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Americas Car Mart is a good investment. Please check the relationship between Americas Car Operating Income and its Selling General Administrative accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Americas Car Mart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
Operating Income vs Selling General Administrative
Operating Income vs Selling General Administrative Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Americas Car Mart Operating Income account and
Selling General Administrative. At this time, the significance of the direction appears to have weak relationship.
The correlation between Americas Car's Operating Income and Selling General Administrative is 0.36. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Selling General Administrative in the same time period over historical financial statements of Americas Car Mart, assuming nothing else is changed. The correlation between historical values of Americas Car's Operating Income and Selling General Administrative is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Americas Car Mart are associated (or correlated) with its Selling General Administrative. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Selling General Administrative has no effect on the direction of Operating Income i.e., Americas Car's Operating Income and Selling General Administrative go up and down completely randomly.
Correlation Coefficient | 0.36 |
| Relationship Direction | Positive |
| Relationship Strength | Very Weak |
Operating Income
Operating Income is the amount of profit realized from Americas Car Mart operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Americas Car Mart is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Selling General Administrative
Most indicators from Americas Car's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Americas Car Mart 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 Americas Car Mart. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in population.
At this time, Americas Car's Selling General Administrative is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.28 in 2024, despite the fact that
Tax Provision is likely to grow to (8.3
M).
Americas Car fundamental ratios Correlations
Click cells to compare fundamentals
Americas Car Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Americas Car fundamental ratios Accounts
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Additional Tools for Americas Stock Analysis
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measure Americas Car'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 Americas Car is operating at the current time. Most of Americas Car's value examination focuses on studying past and present price action to
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