CarMax End Period Cash Flow vs Other Non Cash Items Analysis

KMX Stock  USD 86.26  0.52  0.60%   
CarMax financial indicator trend analysis is way more than just evaluating CarMax Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CarMax Inc is a good investment. Please check the relationship between CarMax End Period Cash Flow and its Other Non Cash Items accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in CarMax 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 population.

End Period Cash Flow vs Other Non Cash Items

End Period Cash Flow vs Other Non Cash Items Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarMax Inc End Period Cash Flow account and Other Non Cash Items. At this time, the significance of the direction appears to have strong relationship.
The correlation between CarMax's End Period Cash Flow and Other Non Cash Items is 0.65. Overlapping area represents the amount of variation of End Period Cash Flow that can explain the historical movement of Other Non Cash Items in the same time period over historical financial statements of CarMax Inc, assuming nothing else is changed. The correlation between historical values of CarMax's End Period Cash Flow and Other Non Cash Items is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which End Period Cash Flow of CarMax Inc are associated (or correlated) with its Other Non Cash Items. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Non Cash Items has no effect on the direction of End Period Cash Flow i.e., CarMax's End Period Cash Flow and Other Non Cash Items go up and down completely randomly.

Correlation Coefficient

0.65
Relationship DirectionPositive 
Relationship StrengthSignificant

End Period Cash Flow

Other Non Cash Items

Most indicators from CarMax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CarMax 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in CarMax 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 population.
At this time, CarMax's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 62.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.3B2.8B2.7B1.5B
Total Revenue31.9B29.7B26.5B27.9B

CarMax fundamental ratios Correlations

0.760.990.951.00.990.990.331.00.250.110.720.111.00.950.861.00.961.00.720.630.311.00.80.94-0.07
0.760.770.70.80.760.830.090.76-0.18-0.050.59-0.060.760.730.80.760.720.750.140.840.440.760.690.69-0.22
0.990.770.970.980.960.990.430.980.260.20.70.060.980.940.910.980.960.980.740.590.240.980.720.96-0.09
0.950.70.970.940.910.960.540.940.270.370.640.230.930.90.870.930.940.930.760.540.270.930.661.00.1
1.00.80.980.940.990.980.321.00.240.090.680.080.990.930.860.990.930.990.680.670.290.990.790.92-0.1
0.990.760.960.910.990.970.220.990.22-0.010.730.071.00.950.831.00.941.00.690.650.331.00.840.89-0.12
0.990.830.990.960.980.970.360.980.170.150.750.090.980.960.910.980.970.980.660.650.330.980.780.95-0.08
0.330.090.430.540.320.220.360.320.50.92-0.030.140.270.210.440.270.340.280.62-0.13-0.430.26-0.180.570.24
1.00.760.980.941.00.990.980.320.280.090.670.111.00.930.841.00.931.00.720.650.281.00.80.93-0.07
0.25-0.180.260.270.240.220.170.50.280.28-0.290.340.250.07-0.070.240.10.250.62-0.13-0.720.24-0.070.260.35
0.11-0.050.20.370.09-0.010.150.920.090.28-0.140.250.040.020.250.040.160.050.39-0.21-0.280.04-0.30.410.38
0.720.590.70.640.680.730.75-0.030.67-0.29-0.14-0.150.720.880.780.720.850.720.430.340.620.730.720.64-0.3
0.11-0.060.060.230.080.070.090.140.110.340.25-0.150.080.09-0.210.080.110.080.110.170.10.090.10.240.97
1.00.760.980.930.991.00.980.271.00.250.040.720.080.950.841.00.941.00.70.640.311.00.830.91-0.11
0.950.730.940.90.930.950.960.210.930.070.020.880.090.950.860.950.990.950.650.560.460.950.830.89-0.09
0.860.80.910.870.860.830.910.440.84-0.070.250.78-0.210.840.860.850.90.840.570.50.340.840.590.87-0.31
1.00.760.980.930.991.00.980.271.00.240.040.720.081.00.950.850.951.00.70.640.321.00.820.91-0.11
0.960.720.960.940.930.940.970.340.930.10.160.850.110.940.990.90.950.940.70.520.410.950.770.94-0.05
1.00.750.980.930.991.00.980.281.00.250.050.720.081.00.950.841.00.940.710.630.31.00.820.91-0.11
0.720.140.740.760.680.690.660.620.720.620.390.430.110.70.650.570.70.70.710.01-0.150.70.360.750.06
0.630.840.590.540.670.650.65-0.130.65-0.13-0.210.340.170.640.560.50.640.520.630.010.50.640.790.53-0.04
0.310.440.240.270.290.330.33-0.430.28-0.72-0.280.620.10.310.460.340.320.410.3-0.150.50.320.60.27-0.05
1.00.760.980.930.991.00.980.261.00.240.040.730.091.00.950.841.00.951.00.70.640.320.830.91-0.1
0.80.690.720.660.790.840.78-0.180.8-0.07-0.30.720.10.830.830.590.820.770.820.360.790.60.830.64-0.15
0.940.690.961.00.920.890.950.570.930.260.410.640.240.910.890.870.910.940.910.750.530.270.910.640.12
-0.07-0.22-0.090.1-0.1-0.12-0.080.24-0.070.350.38-0.30.97-0.11-0.09-0.31-0.11-0.05-0.110.06-0.04-0.05-0.1-0.150.12
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CarMax Account Relationship Matchups

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