What is the Return on Assets (ROA) of Copart this year?
The Return on Assets (ROA) of Copart is 0.18 undefined this year.
Copart ROA 2024
Copart ROA
0.18
Copart Dividend yield
Ticker
CPRT
ISIN
US2172041061
WKN
893807
In 2024, Copart's return on assets (ROA) was 0.18, a -10.54% increase from the 0.21 ROA in the previous year.
Copart Aktienanalyse
What does Copart do?
Copart Inc is a US company that operates in the vehicle salvage industry. The company was founded in 1982 by Willis Johnson and is headquartered in Dallas, Texas. Copart now operates worldwide and has over 200 facilities in 11 countries. Copart's business model is based on brokering vehicles owned by insurance companies, financial institutions, or private individuals that are in need of repairs or no longer drivable. Copart allows its customers to buy vehicles online, and specifically offers dealerships, workshops, and auto salvage yards the opportunity to purchase a wide range of vehicles at a low cost. The vehicles offered come from the USA or other countries around the world, providing a large selection. The company also offers a range of services related to vehicle salvage. This includes determining the residual value of vehicles, picking up and storing vehicles, and carrying out demolition work. In addition, Copart has an extensive network of authorized sellers and providers who can assess and sell vehicles. In recent years, Copart has also specialized in online vehicle sales. The online sales platform, Copart.com, allows customers to purchase vehicles throughout North America and Europe. The platform offers a wide range of vehicles, including cars, commercial vehicles, motorcycles, and boats. Copart's core business is vehicle salvage, which is divided into four main divisions. In the "insurance industry" division, Copart works with major insurance companies and provides services for the sale of vehicles that have been damaged by accidents or natural disasters. The "financial services" division deals with the salvage of vehicles that borrowers can no longer afford or that have been repossessed. The "vehicle manufacturers" division works with car manufacturers and offers disposal services for expired and decommissioned vehicles. The "other" division includes salvage services for individuals who want to sell their vehicle or need to get rid of it after an accident. Copart must comply with a variety of safety regulations and has a dedicated team of experts to ensure compliance with all regulations. Vehicles must be carefully inspected and classified before they can be released for sale. Overall, Copart's platform allows customers to purchase vehicles and other items worldwide, with a simple and secure process. Customers can access a wide range of offerings on Copart's website, from accident-damaged vehicles to forklifts or construction equipment. Copart has earned its reputation as a leading provider of salvage services and online auctions worldwide. Copart ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Copart's Return on Assets (ROA)
Copart's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Copart's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Copart's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Copart’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Copart Stock
What was the ROA of Copart compared to the previous year?
The ROA of Copart has increased by -10.54% compared to the previous year.
What consequences do high ROA have for investors of Copart?
A high ROA is advantageous for investors of Copart, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Copart?
A low ROA can be unfavorable for investors of Copart as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Copart affect the company?
An increase in ROA of Copart can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Copart impact the company?
A reduction in the ROA of Copart can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Copart?
Some factors that can influence the ROA of Copart include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Copart important for investors?
The ROA of Copart is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Copart take to improve ROA?
To improve ROA, Copart can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Copart pay?
Over the past 12 months, Copart paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Copart is expected to pay a dividend of 0 USD.
What is the dividend yield of Copart?
The current dividend yield of Copart is .
When does Copart pay dividends?
Copart pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Copart?
Copart paid dividends every year for the past 0 years.
What is the dividend of Copart?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Copart located?
Copart is assigned to the 'Industry' sector.
Wann musste ich die Aktien von Copart kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Copart from 5/16/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.
When did Copart pay the last dividend?
The last dividend was paid out on 5/16/2024.
What was the dividend of Copart in the year 2023?
In the year 2023, Copart distributed 0 USD as dividends.
In which currency does Copart pay out the dividend?
The dividends of Copart are distributed in USD.
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Andere Kennzahlen von Copart
Our stock analysis for Copart 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 Copart Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
