What is the equity of Carmax this year?
Carmax has equity of 6.07 B USD this year.
Carmax Equity 2024
Carmax Equity
6.07 B USD
Carmax Dividend yield
Ticker
KMX
ISIN
US1431301027
WKN
662604
In 2024, Carmax's equity was 6.07 B USD, a 16.01% increase from the 5.24 B USD equity in the previous year.
Carmax Aktienanalyse
What does Carmax do?
Carmax Inc. is an American company that specializes in the sale of used vehicles. Founded in the 1990s, the company is headquartered in Richmond, Virginia, and currently operates over 220 locations in the USA. Carmax was created in response to the need for a specialized company focused on selling used vehicles. The business model aims to revolutionize the used car market by making the process of buying a vehicle as easy and stress-free as possible for customers. Carmax offers a wide selection of used vehicles from various brands and models at competitive prices. Additionally, the company provides warranties, returns, and financing options to make the purchasing process as convenient as possible. The company also offers vehicle evaluations and inspection services to ensure that every vehicle is in excellent condition and meets customer expectations. Carmax has its own mechanics and workshops for vehicle repairs and maintenance. They also offer service packages to ensure that customers' vehicles are well-maintained and long-lasting. In addition to vehicle sales and services, Carmax offers a range of products and services to enhance the customer buying experience, including warranties, returns, financing, insurance, and brokerage services. Customers can also use online tools to select, buy, and sell their used vehicles. Carmax has become one of the leading providers of used vehicles in the USA, offering a wide range of vehicles from different brands and models at competitive prices. The company continues to innovate and provide customers with the best vehicle deals. Carmax ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing Carmax's Equity
Carmax's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Carmax's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating Carmax's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
Carmax's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in Carmax’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about Carmax Stock
What was the equity of Carmax compared to the previous year?
The equity of Carmax has increased/decreased by 16.01% increased compared to the previous year.
What impact does a high equity have on investors of Carmax?
A high equity is advantageous for investors of Carmax as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of Carmax?
A low equity can be a risk for investors of Carmax, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of Carmax affect the company?
An increase in equity of Carmax can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of Carmax affect the company?
A reduction in equity of Carmax can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of Carmax?
Some factors that can affect the equity of Carmax include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of Carmax so important for investors?
The equity of Carmax is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can Carmax take to change the equity?
To change equity, Carmax can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does Carmax pay?
Over the past 12 months, Carmax paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Carmax is expected to pay a dividend of 0 USD.
What is the dividend yield of Carmax?
The current dividend yield of Carmax is .
When does Carmax pay dividends?
Carmax pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Carmax?
Carmax paid dividends every year for the past 0 years.
What is the dividend of Carmax?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Carmax located?
Carmax is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Carmax kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Carmax from 5/23/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/23/2024.
When did Carmax pay the last dividend?
The last dividend was paid out on 5/23/2024.
What was the dividend of Carmax in the year 2023?
In the year 2023, Carmax distributed 0 USD as dividends.
In which currency does Carmax pay out the dividend?
The dividends of Carmax are distributed in USD.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
The Carmax stock can be added to a savings plan with the following providers: Trade Republic
Andere Kennzahlen von Carmax
Our stock analysis for Carmax Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Carmax Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
