CarMax Dividend Yield vs Capex To Depreciation 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 Dividend Yield and its Capex To Depreciation 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.

Dividend Yield vs Capex To Depreciation

Dividend Yield vs Capex To Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarMax Inc Dividend Yield account and Capex To Depreciation. At this time, the significance of the direction appears to have almost no relationship.
The correlation between CarMax's Dividend Yield and Capex To Depreciation is 0.13. Overlapping area represents the amount of variation of Dividend Yield that can explain the historical movement of Capex To Depreciation 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 Dividend Yield and Capex To Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividend Yield of CarMax Inc are associated (or correlated) with its Capex To Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capex To Depreciation has no effect on the direction of Dividend Yield i.e., CarMax's Dividend Yield and Capex To Depreciation go up and down completely randomly.

Correlation Coefficient

0.13
Relationship DirectionPositive 
Relationship StrengthInsignificant

Dividend Yield

Dividend Yield is CarMax Inc dividend as a percentage of CarMax stock price. CarMax Inc dividend yield is a measure of CarMax stock productivity, which can be interpreted as interest rate earned on an CarMax investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.
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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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.