Karooooo Cash Ratio vs Gross Profit Analysis
| KARO Stock | USD 46.40 1.27 2.81% |
Karooooo financial indicator trend analysis is infinitely more than just investigating Karooooo recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Karooooo is a good investment. Please check the relationship between Karooooo Cash Ratio and its Gross Profit accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karooooo. 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. To learn how to invest in Karooooo Stock, please use our How to Invest in Karooooo guide.
Cash Ratio vs Gross Profit
Cash Ratio vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Karooooo Cash Ratio account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Karooooo's Cash Ratio and Gross Profit is 0.55. Overlapping area represents the amount of variation of Cash Ratio that can explain the historical movement of Gross Profit in the same time period over historical financial statements of Karooooo, assuming nothing else is changed. The correlation between historical values of Karooooo's Cash Ratio and Gross Profit 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 Ratio of Karooooo are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Cash Ratio i.e., Karooooo's Cash Ratio and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.55 |
| Relationship Direction | Positive |
| Relationship Strength | Weak |
Cash Ratio
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Karooooo minus its cost of goods sold. It is profit before Karooooo operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most indicators from Karooooo's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Karooooo 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karooooo. 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. To learn how to invest in Karooooo Stock, please use our How to Invest in Karooooo guide.At this time, Karooooo's Sales General And Administrative To Revenue is very stable compared to the past year. As of the 26th of February 2025, Enterprise Value Over EBITDA is likely to grow to 13.17, while Tax Provision is likely to drop about 235.5 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Depreciation And Amortization | 609.6M | 731.3M | 841.0M | 529.0M | Interest Income | 23.3M | 39.4M | 45.3M | 47.6M |
Karooooo fundamental ratios Correlations
Click cells to compare fundamentals
Karooooo Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Karooooo. 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. To learn how to invest in Karooooo Stock, please use our How to Invest in Karooooo guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Application Software 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 Karooooo. If investors know Karooooo 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 Karooooo 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 0.211 | Dividend Share 19.546 | Earnings Share 1.55 | Revenue Per Share | Quarterly Revenue Growth 0.073 |
The market value of Karooooo is measured differently than its book value, which is the value of Karooooo that is recorded on the company's balance sheet. Investors also form their own opinion of Karooooo's value that differs from its market value or its book value, called intrinsic value, which is Karooooo'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 Karooooo's market value can be influenced by many factors that don't directly affect Karooooo'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 Karooooo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Karooooo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Karooooo'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.