Copart Liabilities 2024

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.

Liabilities Details

Assessing Copart's Liabilities

Copart's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Copart's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Copart's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Copart's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Copart’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Copart Stock

What is the level of liabilities of Copart this year?

Copart has a debt balance of 750.44 M USD this year.

What were the liabilities of Copart compared to the previous year?

The liabilities of Copart have increased by 9.83% increased compared to the previous year.

What are the consequences of high debt for investors of Copart?

High liabilities can pose a risk for investors of Copart, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Copart?

Low liabilities mean that Copart has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Copart affect the company?

An increase in liabilities of Copart can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Copart affect the company?

A decrease in the liabilities of Copart can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Copart?

Some factors that can influence the liabilities of Copart include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Copart so important for investors?

The liabilities of Copart are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Copart take to modify the liabilities?

To change its liabilities, Copart can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

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 6/5/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 6/5/2024.

When did Copart pay the last dividend?

The last dividend was paid out on 6/5/2024.

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.