CarMax Historical Balance Sheet

0HTQ Stock   85.00  1.48  1.77%   
Trend analysis of CarMax Inc balance sheet accounts such as Other Current Liab of 550.2 M, Total Current Liabilities of 2.4 B or Total Stockholder Equity of 6.4 B provides information on CarMax's total assets, liabilities, and equity, which is the actual value of CarMax Inc to its prevalent stockholders. By breaking down trends over time using CarMax balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining CarMax Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CarMax Inc is a good buy for the upcoming year.

CarMax Inventory

3.86 Billion

  
Check out Trending Equities 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 board of governors.

About CarMax Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of CarMax Inc at a specified time, usually calculated after every quarter, six months, or one year. CarMax Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of CarMax and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which CarMax currently owns. An asset can also be divided into two categories, current and non-current.

CarMax Balance Sheet Chart

At this time, CarMax's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 17.9 B in 2024, whereas Current Deferred Revenue is likely to drop slightly above 1.3 M in 2024.

Total Current Liabilities

Total Current Liabilities is an item on CarMax balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of CarMax Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Accounts Payable

An accounting item on the balance sheet that represents CarMax obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of CarMax Inc are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of CarMax Inc, which is listed under current asset account on CarMax Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from CarMax customers. The amounts must be unrestricted with restricted cash listed in a different CarMax account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Total Liab

The total amount of all liabilities that a company has, including both short-term and long-term liabilities.
Most accounts from CarMax's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 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 board of governors.
At this time, CarMax's Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 17.9 B in 2024, whereas Current Deferred Revenue is likely to drop slightly above 1.3 M in 2024.
 2021 2022 2023 2024 (projected)
Other Current Liabilities533.3M479.0M524.0M550.2M
Total Assets26.3B26.2B27.2B28.6B

CarMax balance sheet Correlations

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CarMax Account Relationship Matchups

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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.