CarMax Quick Ratio from 2010 to 2024

KMX Stock  USD 84.27  0.04  0.05%   
CarMax Quick Ratio yearly trend continues to be fairly stable with very little volatility. Quick Ratio is likely to outpace its year average in 2024. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
0.6696931
Current Value
1.21
Quarterly Volatility
0.28949499
 
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Yuan Drop
 
Covid
Check CarMax financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CarMax's main balance sheet or income statement drivers, such as Depreciation And Amortization of 273.4 M, Interest Expense of 882.4 M or Total Revenue of 27.9 B, as well as many indicators such as Price To Sales Ratio of 0.48, Dividend Yield of 0.0146 or PTB Ratio of 2.33. CarMax financial statements analysis is a perfect complement when working with CarMax Valuation or Volatility modules.
  
Check out the analysis of CarMax Correlation against competitors.

Latest CarMax's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of CarMax Inc over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. CarMax's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CarMax's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

CarMax Quick Ratio Regression Statistics

Arithmetic Mean0.78
Geometric Mean0.74
Coefficient Of Variation36.93
Mean Deviation0.26
Median0.67
Standard Deviation0.29
Sample Variance0.08
Range0.6964
R-Value(0.38)
Mean Square Error0.08
R-Squared0.14
Significance0.17
Slope(0.02)
Total Sum of Squares1.17

CarMax Quick Ratio History

2024 1.21
2023 0.67
2022 0.68
2021 0.7
2019 0.56
2018 0.53
2017 0.57

About CarMax Financial Statements

CarMax investors use historical fundamental indicators, such as CarMax's Quick Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in CarMax. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 0.67  1.21 

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Additional Tools for CarMax Stock Analysis

When running CarMax's price analysis, check to measure CarMax'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 CarMax is operating at the current time. Most of CarMax's value examination focuses on studying past and present price action to predict the probability of CarMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarMax's price. Additionally, you may evaluate how the addition of CarMax to your portfolios can decrease your overall portfolio volatility.