CarMax Capex To Revenue vs Payout Ratio Analysis

KMX Stock  USD 84.27  0.04  0.05%   
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 Capex To Revenue and its Payout Ratio accounts. Check out Correlation Analysis 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 population.

Capex To Revenue vs Payout Ratio

Capex To Revenue vs Payout Ratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarMax Inc Capex To Revenue account and Payout Ratio. At this time, the significance of the direction appears to have almost no relationship.
The correlation between CarMax's Capex To Revenue and Payout Ratio is 0.1. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Payout Ratio 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 Capex To Revenue and Payout 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 Capex To Revenue of CarMax Inc are associated (or correlated) with its Payout Ratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Payout Ratio has no effect on the direction of Capex To Revenue i.e., CarMax's Capex To Revenue and Payout Ratio go up and down completely randomly.

Correlation Coefficient

0.1
Relationship DirectionPositive 
Relationship StrengthInsignificant

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Payout Ratio

Payout Ratio is the proportion of CarMax Inc earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of CarMax Inc dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating CarMax Inc is paying out more in dividends than it makes in net income.
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 Correlation Analysis 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 population.
At this time, CarMax's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 62.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.3B2.8B2.7B1.5B
Total Revenue31.9B29.7B26.5B27.9B

CarMax fundamental ratios Correlations

0.760.990.951.00.990.990.331.00.250.110.720.111.00.950.861.00.961.00.720.630.311.00.80.94-0.07
0.760.770.70.80.760.830.090.76-0.18-0.050.59-0.060.760.730.80.760.720.750.140.840.440.760.690.69-0.22
0.990.770.970.980.960.990.430.980.260.20.70.060.980.940.910.980.960.980.740.590.240.980.720.96-0.09
0.950.70.970.940.910.960.540.940.270.370.640.230.930.90.870.930.940.930.760.540.270.930.661.00.1
1.00.80.980.940.990.980.321.00.240.090.680.080.990.930.860.990.930.990.680.670.290.990.790.92-0.1
0.990.760.960.910.990.970.220.990.22-0.010.730.071.00.950.831.00.941.00.690.650.331.00.840.89-0.12
0.990.830.990.960.980.970.360.980.170.150.750.090.980.960.910.980.970.980.660.650.330.980.780.95-0.08
0.330.090.430.540.320.220.360.320.50.92-0.030.140.270.210.440.270.340.280.62-0.13-0.430.26-0.180.570.24
1.00.760.980.941.00.990.980.320.280.090.670.111.00.930.841.00.931.00.720.650.281.00.80.93-0.07
0.25-0.180.260.270.240.220.170.50.280.28-0.290.340.250.07-0.070.240.10.250.62-0.13-0.720.24-0.070.260.35
0.11-0.050.20.370.09-0.010.150.920.090.28-0.140.250.040.020.250.040.160.050.39-0.21-0.280.04-0.30.410.38
0.720.590.70.640.680.730.75-0.030.67-0.29-0.14-0.150.720.880.780.720.850.720.430.340.620.730.720.64-0.3
0.11-0.060.060.230.080.070.090.140.110.340.25-0.150.080.09-0.210.080.110.080.110.170.10.090.10.240.97
1.00.760.980.930.991.00.980.271.00.250.040.720.080.950.841.00.941.00.70.640.311.00.830.91-0.11
0.950.730.940.90.930.950.960.210.930.070.020.880.090.950.860.950.990.950.650.560.460.950.830.89-0.09
0.860.80.910.870.860.830.910.440.84-0.070.250.78-0.210.840.860.850.90.840.570.50.340.840.590.87-0.31
1.00.760.980.930.991.00.980.271.00.240.040.720.081.00.950.850.951.00.70.640.321.00.820.91-0.11
0.960.720.960.940.930.940.970.340.930.10.160.850.110.940.990.90.950.940.70.520.410.950.770.94-0.05
1.00.750.980.930.991.00.980.281.00.250.050.720.081.00.950.841.00.940.710.630.31.00.820.91-0.11
0.720.140.740.760.680.690.660.620.720.620.390.430.110.70.650.570.70.70.710.01-0.150.70.360.750.06
0.630.840.590.540.670.650.65-0.130.65-0.13-0.210.340.170.640.560.50.640.520.630.010.50.640.790.53-0.04
0.310.440.240.270.290.330.33-0.430.28-0.72-0.280.620.10.310.460.340.320.410.3-0.150.50.320.60.27-0.05
1.00.760.980.930.991.00.980.261.00.240.040.730.091.00.950.841.00.951.00.70.640.320.830.91-0.1
0.80.690.720.660.790.840.78-0.180.8-0.07-0.30.720.10.830.830.590.820.770.820.360.790.60.830.64-0.15
0.940.690.961.00.920.890.950.570.930.260.410.640.240.910.890.870.910.940.910.750.530.270.910.640.12
-0.07-0.22-0.090.1-0.1-0.12-0.080.24-0.070.350.38-0.30.97-0.11-0.09-0.31-0.11-0.05-0.110.06-0.04-0.05-0.1-0.150.12
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CarMax Account Relationship Matchups

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