Copart Net Debt vs Intangible Assets Analysis

CPRT Stock

USD 37.77 1.38 3.52%

Copart financial indicator trend analysis is way more than just evaluating Copart Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Copart Inc is a good investment. Please check the relationship between Copart Net Debt and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Copart 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.

Net Debt vs Intangible Assets

Net Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Copart Inc Net Debt account and Intangible Assets. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Copart's Net Debt and Intangible Assets is -0.43. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Copart Inc, assuming nothing else is changed. The correlation between historical values of Copart's Net Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Copart Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Debt i.e., Copart's Net Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

-0.43

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from Copart's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Copart 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 Copart 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, Copart's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.11 in 2026, whereas Enterprise Value Multiple is likely to drop 11.71 in 2026.

	2023	2024	2025	2026 (projected)
Total Revenue	4.2B	4.6B	5.3B	5.6B
Interest Expense	145.7M	178.9M	205.7M	216.0M

Total Revenue Interest Expense

Copart fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Inventory	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		-0.53	0.93	0.98	1.0	0.98	-0.95	1.0	0.95	0.97	0.99	0.95	0.98	0.96	-0.12	-0.38	0.35	0.99	0.6	0.99	0.08	0.48	0.77	1.0	-0.29	-0.29
Short Long Term Debt Total	-0.53		-0.42	-0.41	-0.57	-0.49	0.67	-0.58	-0.45	-0.51	-0.48	-0.46	-0.56	-0.47	0.49	0.94	-0.21	-0.46	0.33	-0.56	0.09	-0.32	-0.49	-0.52	-0.4	-0.4
Other Current Liab	0.93	-0.42		0.91	0.93	0.87	-0.9	0.93	0.82	0.96	0.88	0.97	0.96	0.83	-0.15	-0.35	0.0	0.89	0.55	0.95	0.18	0.32	0.56	0.92	-0.24	-0.24
Total Current Liabilities	0.98	-0.41	0.91		0.97	0.98	-0.9	0.97	0.96	0.94	0.99	0.93	0.95	0.97	0.0	-0.26	0.39	0.99	0.71	0.96	0.13	0.49	0.77	0.98	-0.44	-0.44
Total Stockholder Equity	1.0	-0.57	0.93	0.97		0.98	-0.96	1.0	0.94	0.97	0.98	0.95	0.99	0.96	-0.15	-0.43	0.34	0.98	0.55	1.0	0.08	0.47	0.77	0.99	-0.25	-0.25
Property Plant And Equipment Net	0.98	-0.49	0.87	0.98	0.98		-0.92	0.97	0.98	0.93	1.0	0.89	0.93	0.98	-0.1	-0.3	0.47	0.99	0.65	0.95	0.02	0.53	0.82	0.98	-0.35	-0.35
Net Debt	-0.95	0.67	-0.9	-0.9	-0.96	-0.92		-0.97	-0.88	-0.97	-0.92	-0.91	-0.96	-0.89	0.21	0.54	-0.25	-0.92	-0.41	-0.96	-0.06	-0.43	-0.76	-0.95	0.13	0.12
Retained Earnings	1.0	-0.58	0.93	0.97	1.0	0.97	-0.97		0.93	0.97	0.98	0.95	0.99	0.95	-0.16	-0.44	0.33	0.98	0.54	1.0	0.07	0.47	0.76	0.99	-0.24	-0.24
Accounts Payable	0.95	-0.45	0.82	0.96	0.94	0.98	-0.88	0.93		0.89	0.98	0.83	0.88	0.98	-0.04	-0.24	0.51	0.98	0.68	0.9	-0.01	0.57	0.85	0.95	-0.43	-0.43
Cash	0.97	-0.51	0.96	0.94	0.97	0.93	-0.97	0.97	0.89		0.94	0.95	0.98	0.89	-0.17	-0.41	0.17	0.94	0.54	0.98	0.13	0.36	0.73	0.97	-0.22	-0.22
Non Current Assets Total	0.99	-0.48	0.88	0.99	0.98	1.0	-0.92	0.98	0.98	0.94		0.9	0.94	0.98	-0.07	-0.29	0.46	1.0	0.67	0.96	0.04	0.54	0.81	0.99	-0.38	-0.38
Non Currrent Assets Other	0.95	-0.46	0.97	0.93	0.95	0.89	-0.91	0.95	0.83	0.95	0.9		0.97	0.86	-0.06	-0.39	0.12	0.92	0.55	0.97	0.19	0.33	0.59	0.95	-0.28	-0.28
Cash And Short Term Investments	0.98	-0.56	0.96	0.95	0.99	0.93	-0.96	0.99	0.88	0.98	0.94	0.97		0.91	-0.17	-0.46	0.2	0.94	0.51	1.0	0.13	0.39	0.69	0.97	-0.19	-0.19
Net Receivables	0.96	-0.47	0.83	0.97	0.96	0.98	-0.89	0.95	0.98	0.89	0.98	0.86	0.91		-0.05	-0.28	0.54	0.98	0.67	0.93	-0.03	0.6	0.82	0.96	-0.41	-0.41
Common Stock Shares Outstanding	-0.12	0.49	-0.15	0.0	-0.15	-0.1	0.21	-0.16	-0.04	-0.17	-0.07	-0.06	-0.17	-0.05		0.47	0.17	-0.03	0.35	-0.15	0.49	-0.24	0.04	-0.13	-0.81	-0.81
Non Current Liabilities Total	-0.38	0.94	-0.35	-0.26	-0.43	-0.3	0.54	-0.44	-0.24	-0.41	-0.29	-0.39	-0.46	-0.28	0.47		0.05	-0.28	0.5	-0.44	-0.07	-0.11	-0.3	-0.36	-0.51	-0.51
Other Current Assets	0.35	-0.21	0.0	0.39	0.34	0.47	-0.25	0.33	0.51	0.17	0.46	0.12	0.2	0.54	0.17	0.05		0.44	0.38	0.27	-0.29	0.55	0.6	0.36	-0.39	-0.39
Other Stockholder Equity	0.99	-0.46	0.89	0.99	0.98	0.99	-0.92	0.98	0.98	0.94	1.0	0.92	0.94	0.98	-0.03	-0.28	0.44		0.68	0.96	0.06	0.52	0.8	0.99	-0.41	-0.41
Total Liab	0.6	0.33	0.55	0.71	0.55	0.65	-0.41	0.54	0.68	0.54	0.67	0.55	0.51	0.67	0.35	0.5	0.38	0.68		0.54	0.07	0.36	0.47	0.61	-0.77	-0.76
Total Current Assets	0.99	-0.56	0.95	0.96	1.0	0.95	-0.96	1.0	0.9	0.98	0.96	0.97	1.0	0.93	-0.15	-0.44	0.27	0.96	0.54		0.11	0.43	0.72	0.99	-0.23	-0.23
Short Term Debt	0.08	0.09	0.18	0.13	0.08	0.02	-0.06	0.07	-0.01	0.13	0.04	0.19	0.13	-0.03	0.49	-0.07	-0.29	0.06	0.07	0.11		-0.5	0.19	0.07	-0.33	-0.33
Intangible Assets	0.48	-0.32	0.32	0.49	0.47	0.53	-0.43	0.47	0.57	0.36	0.54	0.33	0.39	0.6	-0.24	-0.11	0.55	0.52	0.36	0.43	-0.5		0.39	0.49	-0.17	-0.17
Inventory	0.77	-0.49	0.56	0.77	0.77	0.82	-0.76	0.76	0.85	0.73	0.81	0.59	0.69	0.82	0.04	-0.3	0.6	0.8	0.47	0.72	0.19	0.39		0.77	-0.37	-0.37
Property Plant And Equipment Gross	1.0	-0.52	0.92	0.98	0.99	0.98	-0.95	0.99	0.95	0.97	0.99	0.95	0.97	0.96	-0.13	-0.36	0.36	0.99	0.61	0.99	0.07	0.49	0.77		-0.3	-0.3
Common Stock Total Equity	-0.29	-0.4	-0.24	-0.44	-0.25	-0.35	0.13	-0.24	-0.43	-0.22	-0.38	-0.28	-0.19	-0.41	-0.81	-0.51	-0.39	-0.41	-0.77	-0.23	-0.33	-0.17	-0.37	-0.3		1.0
Common Stock	-0.29	-0.4	-0.24	-0.44	-0.25	-0.35	0.12	-0.24	-0.43	-0.22	-0.38	-0.28	-0.19	-0.41	-0.81	-0.51	-0.39	-0.41	-0.76	-0.23	-0.33	-0.17	-0.37	-0.3	1.0

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Copart Account Relationship Matchups

Copart fundamental ratios Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	5.3B	6.7B	8.4B	10.1B	11.6B	12.2B
Short Long Term Debt Total	119.5M	120.5M	118.7M	103.7M	119.3M	220.5M
Other Current Liab	83.0M	122.8M	160.7M	398.7M	458.5M	481.4M
Total Current Liabilities	440.9M	492.8M	628.6M	683.3M	785.8M	825.1M
Total Stockholder Equity	4.6B	6.0B	7.5B	9.2B	10.6B	11.1B
Property Plant And Equipment Net	2.6B	3.0B	3.3B	3.7B	4.3B	4.5B
Net Debt	(1.3B)	(836.9M)	(1.4B)	(2.7B)	(2.4B)	(2.3B)
Retained Earnings	4.0B	5.2B	6.5B	8.1B	9.3B	9.8B
Accounts Payable	187.2M	180.0M	193.3M	214.4M	246.6M	258.9M
Cash	1.4B	957.4M	1.5B	2.8B	3.2B	3.4B
Non Current Assets Total	3.1B	3.5B	4.0B	4.5B	5.1B	5.4B
Non Currrent Assets Other	47.7M	65.8M	129.4M	174.0M	200.1M	210.1M
Cash And Short Term Investments	1.4B	2.4B	3.4B	4.8B	5.5B	5.8B
Net Receivables	628.5M	708.6M	785.9M	763.4M	877.9M	921.8M
Common Stock Shares Outstanding	964.6M	966.6M	974.8M	977.6M	879.8M	939.4M
Liabilities And Stockholders Equity	5.3B	6.7B	8.4B	10.1B	11.6B	12.2B
Non Current Liabilities Total	242.4M	257.7M	250.6M	200.1M	230.1M	222.7M
Other Current Assets	131.0M	150.0M	166.5M	46.4M	53.3M	54.1M
Other Stockholder Equity	838.5M	938.9M	1.1B	1.2B	1.4B	1.5B
Total Liab	683.3M	750.4M	879.2M	883.4M	1.0B	1.1B
Total Current Assets	2.2B	3.3B	4.4B	5.6B	6.5B	6.8B
Short Term Debt	21.8M	21.5M	21.3M	39.7M	45.7M	48.0M
Intangible Assets	54.7M	62.7M	74.1M	62.8M	56.5M	38.7M
Inventory	58.8M	40.0M	43.6M	39.7M	45.6M	47.9M
Property Plant And Equipment Gross	2.6B	3.0B	4.4B	5.0B	5.7B	6.0B
Accumulated Other Comprehensive Income	(169.4M)	(141.0M)	(143.0M)	(120.3M)	(108.3M)	(102.8M)
Other Liab	117.1M	116.3M	144.7M	158.7M	182.5M	191.6M
Other Assets	41.8M	47.7M	65.8M	(1.0)	(1.15)	(1.09)
Long Term Debt	397.0M	397.6M	2.0M	10.9M	12.5M	11.9M
Property Plant Equipment	2.0B	2.4B	2.6B	2.9B	3.4B	3.5B
Current Deferred Revenue	142.0M	164.6M	184.0M	30.4M	35.0M	54.5M
Good Will	402.0M	394.3M	513.9M	517.8M	466.0M	442.7M
Net Tangible Assets	2.1B	3.1B	4.2B	5.5B	6.3B	6.6B

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