CarPartsCom Sale Purchase Of Stock vs Capital Expenditures Analysis

PRTS Stock  USD 0.46  0.02  4.55%   
CarPartsCom financial indicator trend analysis is way more than just evaluating CarPartsCom prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CarPartsCom is a good investment. Please check the relationship between CarPartsCom Sale Purchase Of Stock and its Capital Expenditures accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in CarPartsCom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy CarPartsCom Stock please use our How to Invest in CarPartsCom guide.

Sale Purchase Of Stock vs Capital Expenditures

Sale Purchase Of Stock vs Capital Expenditures Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarPartsCom Sale Purchase Of Stock account and Capital Expenditures. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CarPartsCom's Sale Purchase Of Stock and Capital Expenditures is -0.03. Overlapping area represents the amount of variation of Sale Purchase Of Stock that can explain the historical movement of Capital Expenditures in the same time period over historical financial statements of CarPartsCom, assuming nothing else is changed. The correlation between historical values of CarPartsCom's Sale Purchase Of Stock and Capital Expenditures is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Sale Purchase Of Stock of CarPartsCom are associated (or correlated) with its Capital Expenditures. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Expenditures has no effect on the direction of Sale Purchase Of Stock i.e., CarPartsCom's Sale Purchase Of Stock and Capital Expenditures go up and down completely randomly.

Correlation Coefficient

-0.03
Relationship DirectionNegative 
Relationship StrengthInsignificant

Sale Purchase Of Stock

Capital Expenditures

Capital Expenditures are funds used by CarPartsCom to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of CarPartsCom operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.
Most indicators from CarPartsCom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CarPartsCom 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 Your Equity Center to better understand how to build diversified portfolios, which includes a position in CarPartsCom. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy CarPartsCom Stock please use our How to Invest in CarPartsCom guide.At this time, CarPartsCom's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.24 in 2025, whereas Tax Provision is likely to drop slightly above 211.6 K in 2025.
 2022 2023 2024 2025 (projected)
Total Revenue661.6M675.7M588.8M303.5M
Interest Expense1.4M1.4M1.2M1.8M

CarPartsCom fundamental ratios Correlations

0.980.030.760.92-0.01-0.090.760.920.870.910.980.990.920.950.960.85-0.34-0.640.95-0.340.670.92-0.260.960.88
0.98-0.030.780.92-0.04-0.040.780.850.860.840.920.960.880.920.90.85-0.37-0.540.89-0.360.680.87-0.180.930.84
0.03-0.03-0.460.080.01-0.09-0.460.090.120.090.090.010.25-0.050.030.070.18-0.12-0.020.1-0.030.06-0.140.180.06
0.760.78-0.460.640.12-0.181.00.670.780.680.710.770.680.750.720.82-0.42-0.610.7-0.40.530.7-0.240.660.68
0.920.920.080.64-0.290.040.640.80.770.80.880.840.80.910.880.83-0.19-0.540.86-0.260.740.82-0.020.820.79
-0.01-0.040.010.12-0.290.110.10.190.150.150.020.110.13-0.14-0.020.05-0.6-0.270.01-0.49-0.390.21-0.820.140.08
-0.09-0.04-0.09-0.180.040.11-0.190.04-0.15-0.03-0.13-0.13-0.31-0.12-0.12-0.22-0.270.0-0.020.0-0.270.01-0.24-0.09-0.11
0.760.78-0.461.00.640.1-0.190.670.780.670.710.770.680.760.720.82-0.41-0.610.7-0.390.540.7-0.230.660.68
0.920.850.090.670.80.190.040.670.80.980.940.920.860.820.910.76-0.39-0.810.92-0.230.510.98-0.540.910.81
0.870.860.120.780.770.15-0.150.780.80.80.840.870.890.760.780.93-0.55-0.710.79-0.390.420.84-0.360.870.81
0.910.840.090.680.80.15-0.030.670.980.80.950.920.870.870.920.76-0.31-0.840.9-0.220.590.98-0.530.890.87
0.980.920.090.710.880.02-0.130.710.940.840.950.980.920.940.980.82-0.31-0.70.97-0.310.640.94-0.330.960.89
0.990.960.010.770.840.11-0.130.770.920.870.920.980.930.920.950.83-0.39-0.650.94-0.350.610.92-0.350.980.88
0.920.880.250.680.80.13-0.310.680.860.890.870.920.930.840.870.86-0.3-0.660.82-0.340.580.89-0.330.930.82
0.950.92-0.050.750.91-0.14-0.120.760.820.760.870.940.920.840.950.81-0.15-0.620.9-0.330.830.84-0.170.860.9
0.960.90.030.720.88-0.02-0.120.720.910.780.920.980.950.870.950.81-0.23-0.690.97-0.320.70.9-0.30.920.86
0.850.850.070.820.830.05-0.220.820.760.930.760.820.830.860.810.81-0.37-0.710.78-0.460.620.8-0.250.80.79
-0.34-0.370.18-0.42-0.19-0.6-0.27-0.41-0.39-0.55-0.31-0.31-0.39-0.3-0.15-0.23-0.370.27-0.380.620.3-0.460.48-0.42-0.35
-0.64-0.54-0.12-0.61-0.54-0.270.0-0.61-0.81-0.71-0.84-0.7-0.65-0.66-0.62-0.69-0.710.27-0.670.14-0.39-0.790.7-0.63-0.7
0.950.89-0.020.70.860.01-0.020.70.920.790.90.970.940.820.90.970.78-0.38-0.67-0.330.570.91-0.320.920.84
-0.34-0.360.1-0.4-0.26-0.490.0-0.39-0.23-0.39-0.22-0.31-0.35-0.34-0.33-0.32-0.460.620.14-0.33-0.13-0.350.28-0.35-0.44
0.670.68-0.030.530.74-0.39-0.270.540.510.420.590.640.610.580.830.70.620.3-0.390.57-0.130.520.110.530.67
0.920.870.060.70.820.210.010.70.980.840.980.940.920.890.840.90.8-0.46-0.790.91-0.350.52-0.510.90.87
-0.26-0.18-0.14-0.24-0.02-0.82-0.24-0.23-0.54-0.36-0.53-0.33-0.35-0.33-0.17-0.3-0.250.480.7-0.320.280.11-0.51-0.38-0.38
0.960.930.180.660.820.14-0.090.660.910.870.890.960.980.930.860.920.8-0.42-0.630.92-0.350.530.9-0.380.84
0.880.840.060.680.790.08-0.110.680.810.810.870.890.880.820.90.860.79-0.35-0.70.84-0.440.670.87-0.380.84
Click cells to compare fundamentals

CarPartsCom Account Relationship Matchups

CarPartsCom fundamental ratios Accounts

202020212022202320242025 (projected)
Total Assets187.0M235.3M238.4M257.9M210.6M120.9M
Total Stockholder Equity83.5M95.6M110.1M112.8M85.2M53.1M
Net Debt(4.2M)28.2M27.9M(12.8M)4.9M5.1M
Cash35.8M18.1M18.8M51.0M36.4M38.2M
Non Current Assets Total47.6M66.7M70.5M64.5M71.7M42.2M
Non Currrent Assets Other2.9M2.2M2.5M3.3M2.1M2.2M
Other Assets2.4M2.9M2.2M2.5M2.9M5.2M
Cash And Short Term Investments35.8M18.1M18.8M51.0M36.4M38.2M
Common Stock Shares Outstanding42.3M51.4M54.1M56.6M57.0M35.2M
Liabilities And Stockholders Equity187.0M235.3M238.4M257.9M210.6M120.9M
Non Current Liabilities Total31.5M43.0M40.3M32.0M35.0M36.7M
Other Stockholder Equity253.1M275.0M289.6M301.0M313.6M174.3M
Total Liab103.5M139.8M128.3M145.0M125.4M67.6M
Total Current Assets139.4M168.6M167.9M193.3M138.9M78.7M
Short Long Term Debt Total31.6M46.4M46.7M38.1M41.3M22.4M
Other Current Liab21.9M21.3M21.1M26.1M20.8M14.6M
Total Current Liabilities72.0M96.8M88.0M113.0M90.4M56.5M
Property Plant And Equipment Net44.7M64.5M68.0M61.2M69.7M73.1M
Current Deferred Revenue630K826K250K1.1M1.0M961.0K
Retained Earnings(169.5M)(179.8M)(180.8M)(189.0M)(229.6M)(218.1M)
Accounts Payable45.3M67.4M57.6M77.9M60.4M35.2M
Net Receivables6.3M5.0M6.4M7.4M6.1M4.8M
Inventory89.3M138.9M136.0M128.9M90.4M59.4M
Other Current Assets7.9M6.6M6.7M6.1M6.0M4.5M
Property Plant And Equipment Gross44.7M64.5M68.0M84.9M106.3M111.6M
Accumulated Other Comprehensive Income(215K)274K1.1M783.0K1.1M1.1M
Short Term Debt4.1M7.2M9.3M9.1M9.3M6.6M
Common Stock51K56K57K60K61K39.6K
Property Plant Equipment9.7M44.7M64.5M24.3M27.9M21.8M
Other Liab2.5M4.0M3.7M3.0M3.4M2.5M
Net Tangible Assets12.4M83.5M95.6M110.1M126.6M132.9M
Retained Earnings Total Equity(167.9M)(169.5M)(179.8M)(180.8M)(162.7M)(170.8M)
Capital Surpluse187.1M260.3M282.7M297.3M341.9M223.9M

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Additional Tools for CarPartsCom Stock Analysis

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