What is the debt of Carmax this year?
Carmax has a debt level of 18,182.96 USD this year.
Carmax Debt 2024
Carmax Debt
18,182.96 USD
Ticker
KMX
ISIN
US1431301027
WKN
662604
In 2024, Carmax's total debt was 18,182.96 USD, a -3.08% change from the 18,760.04 USD total debt recorded 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.Debt Details
Understanding Carmax's Debt Structure
Carmax's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.
Year-to-Year Comparison
Analyzing Carmax's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.
Impact on Investments
Investors pay close attention to Carmax’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.
Interpreting Debt Fluctuations
Shifts in Carmax’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.
Frequently Asked Questions about Carmax Stock
What was the debt of Carmax compared to the previous year?
The debt of Carmax has increased by -3.08% compared to the previous year dropped.
What are the consequences of high debt for investors in Carmax?
High debt can pose a risk for investors of Carmax, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.
What are the consequences of low debt for investors of Carmax?
Low debt means that Carmax has a strong financial position and is able to fulfill its obligations without overburdening its finances.
How does an increase in debt from Carmax affect the company?
An increase in debt of Carmax can adversely affect the financial condition of the company and result in a higher burden on its finances.
How does a reduction of debt of Carmax affect the company?
A reduction in debt of Carmax can strengthen the company's financial position and improve its ability to meet its financial obligations.
What are some factors that influence the debt of Carmax?
Some factors that can influence the debt of Carmax include investments, acquisitions, operating costs, and revenue development.
Why are the debts of Carmax so important for investors?
The debts of Carmax are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.
What strategic measures can Carmax take to change the debt?
To change the debt, Carmax can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.
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 6/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/28/2024.
When did Carmax pay the last dividend?
The last dividend was paid out on 6/28/2024.
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.
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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.
