Cars Interest Coverage vs Price To Sales Ratio Analysis

CARS Stock  USD 18.78  0.56  2.90%   
Cars financial indicator trend analysis is way more than just evaluating Cars Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cars Inc is a good investment. Please check the relationship between Cars Interest Coverage and its Price To Sales Ratio accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cars 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 metropolitan statistical area.

Interest Coverage vs Price To Sales Ratio

Interest Coverage vs Price To Sales Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cars Inc Interest Coverage account and Price To Sales Ratio. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Cars' Interest Coverage and Price To Sales Ratio is 0.56. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Price To Sales Ratio in the same time period over historical financial statements of Cars Inc, assuming nothing else is changed. The correlation between historical values of Cars' Interest Coverage and Price To Sales Ratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Cars Inc are associated (or correlated) with its Price To Sales Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Price To Sales Ratio has no effect on the direction of Interest Coverage i.e., Cars' Interest Coverage and Price To Sales Ratio go up and down completely randomly.

Correlation Coefficient

0.56
Relationship DirectionPositive 
Relationship StrengthWeak

Interest Coverage

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Cars Inc stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Cars sales, a figure that is much harder to manipulate than other Cars Inc multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.
Most indicators from Cars' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cars 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 Cars 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 metropolitan statistical area.
At this time, Cars' Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 15.72 in 2024, despite the fact that Tax Provision is likely to grow to (95.3 M).
 2021 2022 2023 2024 (projected)
Gross Profit509.5M538.9M567.0M537.4M
Total Revenue623.7M653.9M689.2M655.3M

Cars fundamental ratios Correlations

0.45-0.39-0.080.580.250.33-0.440.28-0.39-0.35-0.380.44-0.43-0.38-0.150.53-0.38-0.370.35-0.39-0.38-0.48-0.64-0.410.39
0.45-0.81-0.010.950.660.4-0.750.3-0.55-0.81-0.841.0-0.54-0.840.050.98-0.48-0.620.21-0.7-0.48-0.84-0.82-0.690.75
-0.39-0.810.14-0.91-0.23-0.760.95-0.670.850.70.83-0.820.390.830.09-0.720.820.95-0.390.940.830.750.810.8-0.81
-0.08-0.010.14-0.010.080.1-0.080.15-0.110.54-0.14-0.020.44-0.140.91-0.06-0.10.070.32-0.09-0.04-0.050.240.330.44
0.580.95-0.91-0.010.440.65-0.90.5-0.76-0.75-0.880.95-0.46-0.880.040.91-0.71-0.790.38-0.87-0.72-0.86-0.85-0.760.83
0.250.66-0.230.080.44-0.31-0.1-0.270.14-0.57-0.440.66-0.46-0.440.120.70.220.01-0.21-0.030.23-0.46-0.42-0.270.33
0.330.4-0.760.10.65-0.31-0.890.74-0.98-0.24-0.620.410.12-0.620.110.3-0.99-0.850.62-0.92-0.99-0.56-0.42-0.540.69
-0.44-0.750.95-0.08-0.9-0.1-0.89-0.70.960.540.81-0.750.230.81-0.08-0.650.930.94-0.590.990.930.790.730.69-0.88
0.280.3-0.670.150.5-0.270.74-0.7-0.74-0.03-0.480.3-0.07-0.480.090.22-0.75-0.820.41-0.74-0.74-0.3-0.43-0.470.62
-0.39-0.550.85-0.11-0.760.14-0.980.96-0.740.360.73-0.55-0.010.73-0.13-0.441.00.91-0.610.970.990.660.540.63-0.8
-0.35-0.810.70.54-0.75-0.57-0.240.54-0.030.360.62-0.820.610.620.44-0.810.30.490.040.490.340.670.740.74-0.36
-0.38-0.840.83-0.14-0.88-0.44-0.620.81-0.480.730.62-0.850.171.0-0.19-0.790.690.73-0.10.820.680.680.60.85-0.85
0.441.0-0.82-0.020.950.660.41-0.750.3-0.55-0.82-0.85-0.54-0.850.040.98-0.49-0.630.2-0.71-0.49-0.83-0.81-0.710.75
-0.43-0.540.390.44-0.46-0.460.120.23-0.07-0.010.610.17-0.540.170.49-0.57-0.060.290.00.15-0.030.270.820.34-0.19
-0.38-0.840.83-0.14-0.88-0.44-0.620.81-0.480.730.621.0-0.850.17-0.19-0.790.690.73-0.10.820.680.680.60.85-0.85
-0.150.050.090.910.040.120.11-0.080.09-0.130.44-0.190.040.49-0.190.02-0.110.070.27-0.11-0.05-0.090.270.330.41
0.530.98-0.72-0.060.910.70.3-0.650.22-0.44-0.81-0.790.98-0.57-0.790.02-0.38-0.510.14-0.6-0.39-0.81-0.79-0.660.65
-0.38-0.480.82-0.1-0.710.22-0.990.93-0.751.00.30.69-0.49-0.060.69-0.11-0.380.89-0.610.951.00.610.490.61-0.75
-0.37-0.620.950.07-0.790.01-0.850.94-0.820.910.490.73-0.630.290.730.07-0.510.89-0.460.940.90.590.730.73-0.8
0.350.21-0.390.320.38-0.210.62-0.590.41-0.610.04-0.10.20.0-0.10.270.14-0.61-0.46-0.56-0.59-0.57-0.350.120.48
-0.39-0.70.94-0.09-0.87-0.03-0.920.99-0.740.970.490.82-0.710.150.82-0.11-0.60.950.94-0.560.950.740.670.7-0.87
-0.38-0.480.83-0.04-0.720.23-0.990.93-0.740.990.340.68-0.49-0.030.68-0.05-0.391.00.9-0.590.950.610.510.63-0.73
-0.48-0.840.75-0.05-0.86-0.46-0.560.79-0.30.660.670.68-0.830.270.68-0.09-0.810.610.59-0.570.740.610.660.49-0.68
-0.64-0.820.810.24-0.85-0.42-0.420.73-0.430.540.740.6-0.810.820.60.27-0.790.490.73-0.350.670.510.660.64-0.65
-0.41-0.690.80.33-0.76-0.27-0.540.69-0.470.630.740.85-0.710.340.850.33-0.660.610.730.120.70.630.490.64-0.57
0.390.75-0.810.440.830.330.69-0.880.62-0.8-0.36-0.850.75-0.19-0.850.410.65-0.75-0.80.48-0.87-0.73-0.68-0.65-0.57
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Cars Account Relationship Matchups

Cars fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding67.0M67.2M71.3M69.6M68.2M56.2M
Total Assets2.0B1.1B1.0B1.0B1.2B1.5B
Other Current Liab55.0M66.1M69.9M73.6M100.4M56.3M
Total Current Liabilities98.8M90.4M94.3M106.0M145.7M111.8M
Total Stockholder Equity1.1B340.2M366.9M384.4M492.1M467.5M
Other Liab137.2M34.6M88.6M49.6M44.7M84.7M
Net Tangible Assets(694.3M)(495.0M)(428.7M)(425.5M)(383.0M)(402.1M)
Property Plant And Equipment Net43.7M41.3M43.0M45.2M43.9M39.2M
Net Debt629.1M516.2M427.3M440.7M444.1M404.0M
Accounts Payable12.4M16.5M15.4M18.2M22.3M14.4M
Cash13.5M67.7M39.1M31.7M39.2M27.1M
Non Current Assets Total1.9B897.6M859.8M876.2M994.0M1.4B
Other Assets171K68K6.5M7.4M8.5M8.9M
Cash And Short Term Investments13.5M67.7M39.1M31.7M39.2M27.1M
Net Receivables101.8M93.6M98.9M107.9M125.4M114.0M
Good Will505.9M0.026.2M102.9M147.1M139.7M
Liabilities And Stockholders Equity2.0B1.1B1.0B1.0B1.2B1.5B
Non Current Liabilities Total788.1M645.2M546.0M534.4M534.6M540.5M
Inventory6.5M6.5M7.8M8.4M12.6M7.6M
Other Current Assets603K16.7M9.5M9.0M13.9M8.7M
Other Stockholder Equity1.5B1.5B1.5B1.5B1.5B1.2B
Total Liab886.9M735.5M640.3M640.4M680.3M652.3M
Long Term Investments26.5M21.1M21.1M21.1M21.0M18.0M
Property Plant And Equipment Gross43.7M41.3M100.4M115.0M131.6M138.2M
Total Current Assets122.4M178.1M147.4M148.6M178.4M156.1M
Accumulated Other Comprehensive Income(7.6M)(6.8M)(2.0M)951K1.1M1.1M
Short Term Debt31.4M7.8M8.9M14.1M23.1M22.1M
Intangible Assets1.3B835.2M769.4M707.1M669.2M985.4M
Common Stock668K674K692K662K659K626.1K
Property Plant Equipment60.6M41.3M43.0M45.2M52.0M40.2M
Non Currrent Assets Other(26.9M)(68K)(60K)(48K)21.0M22.0M
Non Current Liabilities Other43.8M38.2M57.5M76.2M65.7M44.0M
Short Long Term Debt Total642.7M583.9M466.3M472.4M483.2M447.9M
Retained Earnings(367.1M)(1.2B)(1.2B)(1.1B)(1.0B)(1.1B)
Long Term Debt611.3M576.1M457.4M458.2M460.1M432.6M
Common Stock Total Equity668K674K692K662K595.8K546K
Retained Earnings Total Equity(367.1M)(1.2B)(1.2B)(1.1B)(1.0B)(964.6M)
Long Term Debt Total611.3M576.1M457.4M458.2M412.4M443.4M
Capital Surpluse1.5B1.5B1.5B1.5B1.7B1.7B

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Additional Tools for Cars Stock Analysis

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