CarMax Total Assets vs Total Cash From Operating Activities Analysis

0HTQ Stock   85.00  1.48  1.77%   
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 Total Assets and its Total Cash From Operating Activities accounts. 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.

Total Assets vs Total Cash From Operating Activities

Total Assets vs Total Cash From Operating Activities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarMax Inc Total Assets account and Total Cash From Operating Activities. At this time, the significance of the direction appears to have very week relationship.
The correlation between CarMax's Total Assets and Total Cash From Operating Activities is 0.22. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Cash From Operating Activities 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 Total Assets and Total Cash From Operating Activities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of CarMax Inc are associated (or correlated) with its Total Cash From Operating Activities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Cash From Operating Activities has no effect on the direction of Total Assets i.e., CarMax's Total Assets and Total Cash From Operating Activities go up and down completely randomly.

Correlation Coefficient

0.22
Relationship DirectionPositive 
Relationship StrengthVery Weak

Total Assets

Total assets refers to the total amount of CarMax assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in CarMax Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Cash From Operating Activities

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 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.
Selling General Administrative is likely to drop to about 1.6 B in 2024. Tax Provision is likely to drop to about 244.5 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue31.9B29.7B26.5B27.9B
Depreciation And Amortization273.2M265.2M260.4M273.4M

CarMax fundamental ratios Correlations

0.640.970.940.990.990.970.341.00.230.120.28-0.831.00.940.970.831.00.941.00.680.92-0.810.32-0.30.84
0.640.60.520.670.650.65-0.010.65-0.14-0.140.13-0.670.650.590.590.620.650.550.64-0.070.51-0.65-0.03-0.40.57
0.970.60.960.980.940.990.460.960.220.210.39-0.80.950.920.950.770.960.950.950.750.95-0.760.32-0.410.82
0.940.520.960.930.890.950.60.930.230.410.28-0.670.910.880.870.740.910.930.910.771.0-0.620.33-0.480.72
0.990.670.980.930.980.980.340.980.20.10.33-0.870.980.920.970.810.980.920.980.670.91-0.840.3-0.380.87
0.990.650.940.890.980.950.230.990.220.010.27-0.871.00.940.970.841.00.921.00.630.87-0.850.32-0.210.85
0.970.650.990.950.980.950.380.960.120.160.42-0.830.960.950.950.810.960.960.960.680.93-0.790.34-0.380.83
0.34-0.010.460.60.340.230.380.340.510.92-0.110.040.280.210.240.070.280.360.290.620.620.12-0.16-0.560.17
1.00.650.960.930.980.990.960.340.270.110.22-0.841.00.920.960.821.00.911.00.670.91-0.810.27-0.310.85
0.23-0.140.220.230.20.220.120.510.270.29-0.490.040.240.030.22-0.090.230.060.250.440.220.04-0.510.070.19
0.12-0.140.210.410.10.010.160.920.110.29-0.210.250.060.03-0.01-0.050.060.180.060.410.450.32-0.11-0.52-0.07
0.280.130.390.280.330.270.42-0.110.22-0.49-0.21-0.440.260.520.350.320.280.510.260.330.27-0.380.750.050.3
-0.83-0.67-0.8-0.67-0.87-0.87-0.830.04-0.840.040.25-0.44-0.85-0.8-0.87-0.88-0.85-0.76-0.85-0.43-0.640.99-0.380.22-0.86
1.00.650.950.910.981.00.960.281.00.240.060.26-0.850.940.970.831.00.921.00.650.89-0.830.31-0.240.85
0.940.590.920.880.920.940.950.210.920.030.030.52-0.80.940.920.830.940.990.940.640.87-0.780.52-0.130.77
0.970.590.950.870.970.970.950.240.960.22-0.010.35-0.870.970.920.80.970.90.970.680.84-0.850.33-0.210.85
0.830.620.770.740.810.840.810.070.82-0.09-0.050.32-0.880.830.830.80.830.80.830.430.73-0.890.43-0.240.69
1.00.650.960.910.981.00.960.281.00.230.060.28-0.851.00.940.970.830.931.00.650.89-0.840.32-0.250.85
0.940.550.950.930.920.920.960.360.910.060.180.51-0.760.920.990.90.80.930.930.70.93-0.730.51-0.220.75
1.00.640.950.910.981.00.960.291.00.250.060.26-0.851.00.940.970.831.00.930.660.89-0.830.31-0.240.85
0.68-0.070.750.770.670.630.680.620.670.440.410.33-0.430.650.640.680.430.650.70.660.76-0.390.37-0.210.54
0.920.510.951.00.910.870.930.620.910.220.450.27-0.640.890.870.840.730.890.930.890.76-0.590.32-0.490.69
-0.81-0.65-0.76-0.62-0.84-0.85-0.790.12-0.810.040.32-0.380.99-0.83-0.78-0.85-0.89-0.84-0.73-0.83-0.39-0.59-0.370.13-0.83
0.32-0.030.320.330.30.320.34-0.160.27-0.51-0.110.75-0.380.310.520.330.430.320.510.310.370.32-0.370.130.22
-0.3-0.4-0.41-0.48-0.38-0.21-0.38-0.56-0.310.07-0.520.050.22-0.24-0.13-0.21-0.24-0.25-0.22-0.24-0.21-0.490.130.13-0.23
0.840.570.820.720.870.850.830.170.850.19-0.070.3-0.860.850.770.850.690.850.750.850.540.69-0.830.22-0.23
Click cells to compare fundamentals

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.