Cars Ptb Ratio vs Days Sales Outstanding 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 Ptb Ratio and its Days Sales Outstanding 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.

Ptb Ratio vs Days Sales Outstanding

Ptb Ratio vs Days Sales Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cars Inc Ptb Ratio account and Days Sales Outstanding. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Cars' Ptb Ratio and Days Sales Outstanding is -0.35. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Days Sales Outstanding in the same time period over historical financial statements of Cars Inc, assuming nothing else is changed. The correlation between historical values of Cars' Ptb Ratio and Days Sales Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Cars Inc are associated (or correlated) with its Days Sales Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Days Sales Outstanding has no effect on the direction of Ptb Ratio i.e., Cars' Ptb Ratio and Days Sales Outstanding go up and down completely randomly.

Correlation Coefficient

-0.35

Relationship Direction	Negative
Relationship Strength	Insignificant

View All Relationships

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Days Sales Outstanding

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 Profit	509.5M	538.9M	567.0M	537.4M
Total Revenue	623.7M	653.9M	689.2M	655.3M

Gross Profit Total Revenue

Cars fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Accounts Payable	Cash	Non Current Assets Total	Other Assets	Cash And Short Term Investments	Net Receivables	Good Will	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Long Term Investments	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt
Common Stock Shares Outstanding		0.45	-0.39	-0.08	0.58	0.25	0.33	-0.44	0.28	-0.39	-0.35	-0.38	0.44	-0.43	-0.38	-0.15	0.53	-0.38	-0.37	0.35	-0.39	-0.38	-0.48	-0.64	-0.41	0.39
Total Assets	0.45		-0.81	-0.01	0.95	0.66	0.4	-0.75	0.3	-0.55	-0.81	-0.84	1.0	-0.54	-0.84	0.05	0.98	-0.48	-0.62	0.21	-0.7	-0.48	-0.84	-0.82	-0.69	0.75
Other Current Liab	-0.39	-0.81		0.14	-0.91	-0.23	-0.76	0.95	-0.67	0.85	0.7	0.83	-0.82	0.39	0.83	0.09	-0.72	0.82	0.95	-0.39	0.94	0.83	0.75	0.81	0.8	-0.81
Total Current Liabilities	-0.08	-0.01	0.14		-0.01	0.08	0.1	-0.08	0.15	-0.11	0.54	-0.14	-0.02	0.44	-0.14	0.91	-0.06	-0.1	0.07	0.32	-0.09	-0.04	-0.05	0.24	0.33	0.44
Total Stockholder Equity	0.58	0.95	-0.91	-0.01		0.44	0.65	-0.9	0.5	-0.76	-0.75	-0.88	0.95	-0.46	-0.88	0.04	0.91	-0.71	-0.79	0.38	-0.87	-0.72	-0.86	-0.85	-0.76	0.83
Other Liab	0.25	0.66	-0.23	0.08	0.44		-0.31	-0.1	-0.27	0.14	-0.57	-0.44	0.66	-0.46	-0.44	0.12	0.7	0.22	0.01	-0.21	-0.03	0.23	-0.46	-0.42	-0.27	0.33
Net Tangible Assets	0.33	0.4	-0.76	0.1	0.65	-0.31		-0.89	0.74	-0.98	-0.24	-0.62	0.41	0.12	-0.62	0.11	0.3	-0.99	-0.85	0.62	-0.92	-0.99	-0.56	-0.42	-0.54	0.69
Property Plant And Equipment Net	-0.44	-0.75	0.95	-0.08	-0.9	-0.1	-0.89		-0.7	0.96	0.54	0.81	-0.75	0.23	0.81	-0.08	-0.65	0.93	0.94	-0.59	0.99	0.93	0.79	0.73	0.69	-0.88
Current Deferred Revenue	0.28	0.3	-0.67	0.15	0.5	-0.27	0.74	-0.7		-0.74	-0.03	-0.48	0.3	-0.07	-0.48	0.09	0.22	-0.75	-0.82	0.41	-0.74	-0.74	-0.3	-0.43	-0.47	0.62
Net Debt	-0.39	-0.55	0.85	-0.11	-0.76	0.14	-0.98	0.96	-0.74		0.36	0.73	-0.55	-0.01	0.73	-0.13	-0.44	1.0	0.91	-0.61	0.97	0.99	0.66	0.54	0.63	-0.8
Accounts Payable	-0.35	-0.81	0.7	0.54	-0.75	-0.57	-0.24	0.54	-0.03	0.36		0.62	-0.82	0.61	0.62	0.44	-0.81	0.3	0.49	0.04	0.49	0.34	0.67	0.74	0.74	-0.36
Cash	-0.38	-0.84	0.83	-0.14	-0.88	-0.44	-0.62	0.81	-0.48	0.73	0.62		-0.85	0.17	1.0	-0.19	-0.79	0.69	0.73	-0.1	0.82	0.68	0.68	0.6	0.85	-0.85
Non Current Assets Total	0.44	1.0	-0.82	-0.02	0.95	0.66	0.41	-0.75	0.3	-0.55	-0.82	-0.85		-0.54	-0.85	0.04	0.98	-0.49	-0.63	0.2	-0.71	-0.49	-0.83	-0.81	-0.71	0.75
Other Assets	-0.43	-0.54	0.39	0.44	-0.46	-0.46	0.12	0.23	-0.07	-0.01	0.61	0.17	-0.54		0.17	0.49	-0.57	-0.06	0.29	0.0	0.15	-0.03	0.27	0.82	0.34	-0.19
Cash And Short Term Investments	-0.38	-0.84	0.83	-0.14	-0.88	-0.44	-0.62	0.81	-0.48	0.73	0.62	1.0	-0.85	0.17		-0.19	-0.79	0.69	0.73	-0.1	0.82	0.68	0.68	0.6	0.85	-0.85
Net Receivables	-0.15	0.05	0.09	0.91	0.04	0.12	0.11	-0.08	0.09	-0.13	0.44	-0.19	0.04	0.49	-0.19		0.02	-0.11	0.07	0.27	-0.11	-0.05	-0.09	0.27	0.33	0.41
Good Will	0.53	0.98	-0.72	-0.06	0.91	0.7	0.3	-0.65	0.22	-0.44	-0.81	-0.79	0.98	-0.57	-0.79	0.02		-0.38	-0.51	0.14	-0.6	-0.39	-0.81	-0.79	-0.66	0.65
Non Current Liabilities Total	-0.38	-0.48	0.82	-0.1	-0.71	0.22	-0.99	0.93	-0.75	1.0	0.3	0.69	-0.49	-0.06	0.69	-0.11	-0.38		0.89	-0.61	0.95	1.0	0.61	0.49	0.61	-0.75
Inventory	-0.37	-0.62	0.95	0.07	-0.79	0.01	-0.85	0.94	-0.82	0.91	0.49	0.73	-0.63	0.29	0.73	0.07	-0.51	0.89		-0.46	0.94	0.9	0.59	0.73	0.73	-0.8
Other Current Assets	0.35	0.21	-0.39	0.32	0.38	-0.21	0.62	-0.59	0.41	-0.61	0.04	-0.1	0.2	0.0	-0.1	0.27	0.14	-0.61	-0.46		-0.56	-0.59	-0.57	-0.35	0.12	0.48
Other Stockholder Equity	-0.39	-0.7	0.94	-0.09	-0.87	-0.03	-0.92	0.99	-0.74	0.97	0.49	0.82	-0.71	0.15	0.82	-0.11	-0.6	0.95	0.94	-0.56		0.95	0.74	0.67	0.7	-0.87
Total Liab	-0.38	-0.48	0.83	-0.04	-0.72	0.23	-0.99	0.93	-0.74	0.99	0.34	0.68	-0.49	-0.03	0.68	-0.05	-0.39	1.0	0.9	-0.59	0.95		0.61	0.51	0.63	-0.73
Long Term Investments	-0.48	-0.84	0.75	-0.05	-0.86	-0.46	-0.56	0.79	-0.3	0.66	0.67	0.68	-0.83	0.27	0.68	-0.09	-0.81	0.61	0.59	-0.57	0.74	0.61		0.66	0.49	-0.68
Property Plant And Equipment Gross	-0.64	-0.82	0.81	0.24	-0.85	-0.42	-0.42	0.73	-0.43	0.54	0.74	0.6	-0.81	0.82	0.6	0.27	-0.79	0.49	0.73	-0.35	0.67	0.51	0.66		0.64	-0.65
Total Current Assets	-0.41	-0.69	0.8	0.33	-0.76	-0.27	-0.54	0.69	-0.47	0.63	0.74	0.85	-0.71	0.34	0.85	0.33	-0.66	0.61	0.73	0.12	0.7	0.63	0.49	0.64		-0.57
Short Term Debt	0.39	0.75	-0.81	0.44	0.83	0.33	0.69	-0.88	0.62	-0.8	-0.36	-0.85	0.75	-0.19	-0.85	0.41	0.65	-0.75	-0.8	0.48	-0.87	-0.73	-0.68	-0.65	-0.57

Click cells to compare fundamentals

Cars Account Relationship Matchups

Cars fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	67.0M	67.2M	71.3M	69.6M	68.2M	56.2M
Total Assets	2.0B	1.1B	1.0B	1.0B	1.2B	1.5B
Other Current Liab	55.0M	66.1M	69.9M	73.6M	100.4M	56.3M
Total Current Liabilities	98.8M	90.4M	94.3M	106.0M	145.7M	111.8M
Total Stockholder Equity	1.1B	340.2M	366.9M	384.4M	492.1M	467.5M
Other Liab	137.2M	34.6M	88.6M	49.6M	44.7M	84.7M
Net Tangible Assets	(694.3M)	(495.0M)	(428.7M)	(425.5M)	(383.0M)	(402.1M)
Property Plant And Equipment Net	43.7M	41.3M	43.0M	45.2M	43.9M	39.2M
Net Debt	629.1M	516.2M	427.3M	440.7M	444.1M	404.0M
Accounts Payable	12.4M	16.5M	15.4M	18.2M	22.3M	14.4M
Cash	13.5M	67.7M	39.1M	31.7M	39.2M	27.1M
Non Current Assets Total	1.9B	897.6M	859.8M	876.2M	994.0M	1.4B
Other Assets	171K	68K	6.5M	7.4M	8.5M	8.9M
Cash And Short Term Investments	13.5M	67.7M	39.1M	31.7M	39.2M	27.1M
Net Receivables	101.8M	93.6M	98.9M	107.9M	125.4M	114.0M
Good Will	505.9M	0.0	26.2M	102.9M	147.1M	139.7M
Liabilities And Stockholders Equity	2.0B	1.1B	1.0B	1.0B	1.2B	1.5B
Non Current Liabilities Total	788.1M	645.2M	546.0M	534.4M	534.6M	540.5M
Inventory	6.5M	6.5M	7.8M	8.4M	12.6M	7.6M
Other Current Assets	603K	16.7M	9.5M	9.0M	13.9M	8.7M
Other Stockholder Equity	1.5B	1.5B	1.5B	1.5B	1.5B	1.2B
Total Liab	886.9M	735.5M	640.3M	640.4M	680.3M	652.3M
Long Term Investments	26.5M	21.1M	21.1M	21.1M	21.0M	18.0M
Property Plant And Equipment Gross	43.7M	41.3M	100.4M	115.0M	131.6M	138.2M
Total Current Assets	122.4M	178.1M	147.4M	148.6M	178.4M	156.1M
Accumulated Other Comprehensive Income	(7.6M)	(6.8M)	(2.0M)	951K	1.1M	1.1M
Short Term Debt	31.4M	7.8M	8.9M	14.1M	23.1M	22.1M
Intangible Assets	1.3B	835.2M	769.4M	707.1M	669.2M	985.4M
Common Stock	668K	674K	692K	662K	659K	626.1K
Property Plant Equipment	60.6M	41.3M	43.0M	45.2M	52.0M	40.2M
Non Currrent Assets Other	(26.9M)	(68K)	(60K)	(48K)	21.0M	22.0M
Non Current Liabilities Other	43.8M	38.2M	57.5M	76.2M	65.7M	44.0M
Short Long Term Debt Total	642.7M	583.9M	466.3M	472.4M	483.2M	447.9M
Retained Earnings	(367.1M)	(1.2B)	(1.2B)	(1.1B)	(1.0B)	(1.1B)
Long Term Debt	611.3M	576.1M	457.4M	458.2M	460.1M	432.6M
Common Stock Total Equity	668K	674K	692K	662K	595.8K	546K
Retained Earnings Total Equity	(367.1M)	(1.2B)	(1.2B)	(1.1B)	(1.0B)	(964.6M)
Long Term Debt Total	611.3M	576.1M	457.4M	458.2M	412.4M	443.4M
Capital Surpluse	1.5B	1.5B	1.5B	1.5B	1.7B	1.7B

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC