CAR Group Limited - CAR.AX

CAR.AX Returns vs S&P 500 ⓘ

ticker	1 day return %	1 week return %	1 month return %	3 months return %	6 months return %	1 year return %	3 years return %	5 years return %	10 years return %	maximum return %
CAR.AX	0.9	2.2	8.2	6.4	18.3	22.0	89.5	144.7	312.1	959.5
S&P 500	-0.5	-1.3	2.2	3.9	11.1	22.6	33.7	83.9	202.7	34097.7

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Returns Charts ⓘ

Interactive Price Chart

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Real-time Full Quote

Attribute	Value
symbol	CAR.AX
name	CAR Group Limited
price	40.26
changes percentage	0.9276
change	0.37
day low	39.71
day high	40.435
year high	42.705
year low	32.25
market cap	15205920180
price avg 50	38.9764
price avg 200	36.7983
exchange	ASX
volume	352610
avg volume	862739
open	39.93
previous close	39.89
eps	0.66
pe	61
earnings announcement	2025-02-10T10:59:00.000+0000
shares outstanding	377693000
timestamp	2025-01-30 05:10:50

Financial Statements ⓘ

We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.

Overall Annual Financial Health: 42.0%

Overall Quarterly Financial Health: 67.0%

Income Statements ⓘ

• Annual Income Statement

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0000000000
revenue	1098724000	781236000	40.64
gross profit	769807000	550887000	39.74
gross profit ratio	0.7	0.71	-0.64
research and development expenses	0	0	NaN
operating expenses	356725000	257541999	38.51
interest income	14477000	8103000	78.66
interest expense	86018000	55947000	53.75
ebitda	585487000	854680000	-31.50
ebitdaratio	0.53	0.51	3.98
operating income	413082000	293345000	40.82
operating income ratio	0.38	0.38	0.13
net income	249972000	645617000	-61.28
net income ratio	0.23	0.83	-72.47
eps	0.66	1.81	-63.54

Overall Score of Annual Income Statement

0.29 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Revenue Growth: revenue decreased to 1,099 million in 2024 from 781 million in 2023 representing a change of 40.64%. This indicates a sales shrinking, which is a negative sign for the company.

  Operating Expenses: Operating Expenses increased to 357 million in 2024 from 258 million in 2023 representing a change of 38.51%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to 585 million in 2024 from 855 million in 2023 representing a change of -31.5%. The decrease in EBITDA indicates declined operational efficiency and profitability.

  Net Income: Net income decreased to 250 million in 2024 from 646 million in 2023 representing a change of -61.28%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.66 in 2024 from 0.66 in 2023 representing a change of -63.54%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.

• 📈 Positive Indicators

  Gross Profit: Gross Profit increased to 770 million in 2024 from 551 million in 2023 representing a change of 39.74%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Income: Operating income increased to 413 million in 2024 from 293 million in 2023 representing a change of 40.82%. The increase in operating income indicates better operational performance and increased profitability.

• Quarterly Income Statement

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q2	Q/Q change %
0000000000
revenue	567760000	530964000	6.93
gross profit	394697000	375110000	5.22
gross profit ratio	0.7	0.71	-1.60
research and development expenses	0	0	NaN
operating expenses	176344000	180381000	-2.24
interest income	7500000	6977000	7.50
interest expense	42549000	43469000	-2.12
ebitda	305581000	279906000	9.17
ebitdaratio	0.54	0.51	6.07
operating income	218353000	194729000	12.13
operating income ratio	0.38	0.37	4.86
net income	132940000	117032000	13.59
net income ratio	0.23	0.22	6.23
eps	0.35	0.31	12.90

Overall Score of Quarterly Income Statement

1.0 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Revenue Growth: revenue increased to 568 million in 2024Q4 from 531 million in 2024Q2 representing a change of 6.93%. This indicates a sales growth, which is a positive sign for the company.

  Gross Profit: Gross Profit increased to 395 million in 2024Q4 from 375 million in 2024Q2 representing a change of 5.22%. This indicates a sales profitability growth, which is a positive sign for the company.

  Operating Expenses: Operating Expenses decreased to 176 million in 2024Q4 from 180 million in 2024Q2 representing a change of -2.24%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.

  EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 306 million in 2024Q4 from 280 million in 2024Q2 representing a change of 9.17%. The increase in EBITDA indicates improved operational efficiency and profitability.

  Operating Income: Operating income increased to 218 million in 2024Q4 from 195 million in 2024Q2 representing a change of 12.13%. The increase in operating income indicates better operational performance and increased profitability.

  Net Income: Net income increased to 133 million in 2024Q4 from 117 million in 2024Q2 representing a change of 13.59%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.

  Earnings per Share (EPS): EPS increased to 0.35 in 2024Q4 from 0.35 in 2024Q2 representing a change of 12.9%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.

Balance Sheets ⓘ

• Annual Balance Sheet

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0000000000
total assets	4668536000	4684658000	-0.34
total liabilities	1732354000	1560029000	11.05
total equity	2936182000	3124629000	-6.03
cash and cash equivalents	308309000	198709000	55.16
short term investments	0	856000	-100.00
long term investments	22716000	46634000	-51.29
total current assets	503583000	351269000	43.36
total non current assets	4164953000	4333389000	-3.89
total current liabilities	255821000	192804000	32.68
total non current liabilities	1476533000	1367225000	7.99
common stock	2463676000	2451802000	0.48
retained earnings	691769000	700736000	-1.28
total debt	1338207000	1242569000	7.70

Overall Score of Annual Balance Sheet

0.3 out of 1

Detailed Analysis

• 📉 Negative Indicators

  Total Assets: Total Assets decreased to 4,669 million in 2024 from 4,685 million in 2023 representing a change of -0.34%. Suggesting a decrease in asset holdings.

  Total Liabilities: Total Liabilities increased to 1,732 million in 2024 from 1,560 million in 2023 representing a change of 11.05%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 2,936 million in 2024 from 3,125 million in 2023 representing a change of -6.03%. This indicates a decrease in shareholders' equity.

  Short Term Investments: Short Term Investments decreased to 0 million in 2024 from 1 million in 2023 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.

  Total Current Liabilities: Total Current Liabilities increased to 256 million in 2024 from 193 million in 2023 representing a change of 32.68%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to 692 million in 2024 from 701 million in 2023 representing a change of -1.28%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 1,338 million in 2024 from 1,243 million in 2023 representing a change of 7.7%. This indicates an increase in overall debt burden.

• 📈 Positive Indicators

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 308 million in 2024 from 199 million in 2023 representing a change of 55.16%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 504 million in 2024 from 351 million in 2023 representing a change of 43.36%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 2,464 in 2024 from 2,452 in 2023 representing a change of 0.48%. This indicates an increase in ownership interest.

• Quarterly Balance Sheet

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q2	Q/Q change %
0000000000
total assets	4668536000	4609448000	1.28
total liabilities	1732354000	1588359000	9.07
total equity	2936182000	3021089000	-2.81
cash and cash equivalents	308309000	232578000	32.56
short term investments	0	0	NaN
long term investments	22716000	45169000	-49.71
total current assets	503583000	386479000	30.30
total non current assets	4164953000	4222969000	-1.37
total current liabilities	255821000	223853000	14.28
total non current liabilities	1476533000	1364505999	8.21
common stock	2463676000	2454435000	0.38
retained earnings	691769000	693811000	-0.29
total debt	1338207000	1253960000	6.72

Overall Score of Quarterly Balance Sheet

0.44 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Total Assets: Total Assets increased to 4,669 million in 2024Q4 from 4,609 million in 2024Q2 representing a change of 1.28%. Suggesting a growth in asset holdings.

  Cash And Cash Equivalents: Cash And Cash Equivalents increased to 308 million in 2024Q4 from 233 million in 2024Q2 representing a change of 32.56%. This indicates an increase in available liquid assets.

  Total Current Assets: Total Current Assets increased to 504 million in 2024Q4 from 386 million in 2024Q2 representing a change of 30.3%. This indicates a better liquidity position.

  Common Stock: Common Stock increased to 2,464 in 2024Q4 from 2,454 in 2024Q2 representing a change of 0.38%. This indicates an increase in ownership interest.

• 📉 Negative Indicators

  Total Liabilities: Total Liabilities increased to 1,732 million in 2024Q4 from 1,588 million in 2024Q2 representing a change of 9.07%. This indicates an increase in overall liabilities.

  Total Equity: Total Equity decreased to 2,936 million in 2024Q4 from 3,021 million in 2024Q2 representing a change of -2.81%. This indicates a decrease in shareholders' equity.

  Total Current Liabilities: Total Current Liabilities increased to 256 million in 2024Q4 from 224 million in 2024Q2 representing a change of 14.28%. This indicates a higher short-term debt burden.

  Retained Earnings: Retained Earnings decreased to 692 million in 2024Q4 from 694 million in 2024Q2 representing a change of -0.29%. This indicates an accumulated losses.

  Total Debt: Total Debt increased to 1,338 million in 2024Q4 from 1,254 million in 2024Q2 representing a change of 6.72%. This indicates an increase in overall debt burden.

Cashflow Statements ⓘ

• Annual Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024	2023	Y/Y change %
0000000000
net change in cash	109600000	81257000	34.88
operating cash flow	416185000	254383000	63.61
free cash flow	314390000	167377000	87.83
capital expenditure	-101795000	-87006000	-17.00
depreciation and amortization	154807000	107018000	44.66
deferred income tax	0	-226162000	100.00
stock based compensation	0	2683000	-100.00
accounts payables	0	-1648000	100.00
inventory	0	849000	-100.00
acquisitions net	-35218000	-1584257000	97.78
investments in property plant and equipment	-11531000	-87006000	86.75
net cash used for investing activites	-137611000	-1567186000	91.22
debt repayment	135763000	488735000	-72.22
common stock issued	682000	1686587000	-99.96
common stock repurchased	0	0	NaN
dividends paid	-246544000	-186151000	-32.44
net cash used provided by financing activities	-190622000	1373485000	-113.88
cash at end of period	308309000	198709000	55.16
accounts receivables	0	-8644000	100.00
cash at beginning of period	198709000	117452000	69.18

Overall Score of Annual Cashflow Statement

0.67 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 110 million in 2024 from 81 million in 2023 representing a change of 34.88%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 416 million in 2024 from 254 million in 2023 representing a change of 63.61%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 314 million in 2024 from 167 million in 2023 representing a change of 87.83%. This indicates an increase in cash generated after accounting for capital expenditures.

  Capital Expenditure: Capital Expenditure decreased to -102 million in 2024 from -87 million in 2023 representing a change of -17.0%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.

  Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2024 from 3 million in 2023 representing a change of -100.0%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.

  Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2024 from 2 million in 2023 representing a change of 100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.

• 📉 Negative Indicators

  Deferred Income Tax: Deferred Income Tax increased to 0 million in 2024 from -226 million in 2023 representing a change of 100.0%. This indicates that the company's tax liability for future periods has increased.

  Accounts Receivables: Accounts Receivables increased to 0 in 2024 from -9 million in 2023 representing a change of 100.0%. This suggests that the company is less capable of collecting payments from its customers.

  Dividends Paid: Dividends Paid decreased to -247 million in 2024 from -186 million in 2023 representing a change of -32.44%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

• Quarterly Cashflow Statement

Note: The years below are fiscal years in accounting.

	2024Q4	2024Q2	Q/Q change %
0000000000
operating cash flow	256057000	183253000	39.73
free cash flow	250789000	133331000	88.10
capital expenditure	-5268000	-49922000	89.45
depreciation and amortization	80101000	74706000	7.22
deferred income tax	0	0	NaN
stock based compensation	4493000	0	NaN
accounts receivables	-23413000	0	NaN
accounts payables	0	0	NaN
inventory	-584000	0	NaN
acquisitions net	-31392000	-2171000	-1345.97
investments in property plant and equipment	-5268000	-49922000	89.45
net cash used for investing activites	-84330000	-67433000	-25.06
debt repayment	80899000	48074000	68.28
common stock issued	534000	148000	260.81
common stock repurchased	0	-6301000	100.00
dividends paid	-126526000	-120018000	-5.42
net cash used provided by financing activities	-87102000	-77381000	-12.56
net change in cash	75731000	33869000	123.60
cash at end of period	308309000	232578000	32.56
cash at beginning of period	232578000	198709000	17.04

Overall Score of Quarterly Cashflow Statement

0.57 out of 1

Detailed Analysis

• 📈 Positive Indicators

  Net Change in Cash: Net Change in Cash increased to 76 million in 2024Q4 from 34 million in 2024Q2 representing a change of 123.6%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.

  Operating Cash Flow: Operating Cash Flow increased to 256 million in 2024Q4 from 183 million in 2024Q2 representing a change of 39.73%. This indicates that the company generated more cash from its core business operations.

  Free Cash Flow: Free Cash Flow increased to 251 million in 2024Q4 from 133 million in 2024Q2 representing a change of 88.1%. This indicates an increase in cash generated after accounting for capital expenditures.

  Accounts Receivables: Accounts Receivables decreased to -23 million in 2024Q4 from 0 million in 2024Q2 representing a change of nan%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.

• 📉 Negative Indicators

  Capital Expenditure: Capital Expenditure increased to -5 million in 2024Q4 from -50 million in 2024Q2 representing a change of 89.45%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.

  Stock-Based Compensation: Stock-Based Compensation increased to 4 million in 2024Q4 from 0 million in 2024Q2 representing a change of nan%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.

  Dividends Paid: Dividends Paid decreased to -127 million in 2024Q4 from -120 million in 2024Q2 representing a change of -5.42%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.

Earnings Transcripts ⓘ

No earnings transcripts available.

Earnings Per Share (EPS) ⓘ

Analyst Stock Recommendations ⓘ

Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.

Financial Ratios ⓘ

• Annual Financial Ratios

	2024-06-30	2023-06-30	Y/Y change %
FY
calendar year	2024	2023	NaN
revenue per share	2.91	2.19	32.88
net income per share	0.66	1.81	-63.42
operating cash flow per share	1.1	0.71	54.57
free cash flow per share	0.83	0.47	77.47
cash per share	0.82	0.56	45.96
book value per share	7.79	8.77	-11.22
tangible book value per share	-2.91	-11.76	75.30
shareholders equity per share	7.65	8.62	-11.20
interest debt per share	3.78	3.65	3.63
market cap	13070041069.89	8484089619.54	54.05
enterprise value	14099939069.89	9527949619.54	47.99
pe ratio	52.29	13.14	297.88
price to sales ratio	11.9	10.86	9.54
pocfratio	31.4	33.35	-5.84
pfcf ratio	41.57	50.69	-17.98
pb ratio	4.53	2.76	63.91
ptb ratio	4.53	2.76	63.91
ev to sales	12.83	12.2	5.22
enterprise value over ebitda	24.08	11.15	116.03
ev to operating cash flow	33.88	37.46	-9.55
ev to free cash flow	44.85	56.93	-21.21
earnings yield	0.02	0.08	-74.87
free cash flow yield	0.02	0.02	21.93
debt to equity	0.46	0.4	14.58
debt to assets	0.29	0.27	8.07
net debt to ebitda	1.76	1.22	44.03
current ratio	1.97	1.82	8.05
interest coverage	4.8	5.24	-8.41
income quality	1.66	0.39	322.55
dividend yield	0.02	0.02	-14.03
payout ratio	0.99	0.29	242.07
sales general and administrative to revenue	0.15	0.17	-7.21
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.86	1.56	-44.69
capex to operating cash flow	0.24	0.34	-28.49
capex to revenue	0.09	0.11	-16.81
capex to depreciation	0.66	0.81	-19.12
stock based compensation to revenue	0	0.0	-100.00
graham number	10.68	18.75	-43.01
roic	0.07	0.06	16.99
return on tangible assets	0.39	-0.25	259.92
graham net net	-3.48	-3.59	3.13
working capital	247762000	158465000	56.35
tangible asset value	-1095507000	-4190384000	73.86
net current asset value	-1228771000	-1208760000	-1.66
invested capital	4338016000	7553374000	-42.57
average receivables	125861000	85346000	47.47
average payables	27251500	17374500	56.85
average inventory	2767000	2848500	-2.86
days sales outstanding	48.65	49.19	-1.09
days payables outstanding	34.11	37.65	-9.41
days of inventory on hand	3.39	3.92	-13.44
receivables turnover	7.5	7.42	1.11
payables turnover	10.7	9.69	10.38
inventory turnover	107.52	93.07	15.53
roe	0.09	0.21	-58.81
capex per share	0.27	0.24	10.54

• ROE:

• Positive

  PE Ratio: Price-to-Earnings (P/E) Ratio increased to 52.29 on 2024-06-30 from 13.14 on 2023-06-30, representing a change of 297.88%. Indicating an increase in the relative valuation of the company's stock.

  Current Ratio: Current Ratio increased to 1.97 on 2024-06-30 from 1.82 on 2023-06-30, representing a change of 8.05%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.46 on 2024-06-30 from 0.40 on 2023-06-30, representing a change of 14.58%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

• Quarterly Financial Ratios

	2024-06-30 Q4	2023-12-31 Q2	Q/Q change %
CAR.AX
calendar year	2024	2024	NaN
revenue per share	1.51	1.41	6.84
net income per share	0.35	0.31	13.50
operating cash flow per share	0.68	0.49	39.61
free cash flow per share	0.66	0.35	87.94
cash per share	0.82	0.62	32.45
book value per share	7.79	8.02	-2.89
tangible book value per share	-2.9	-2.77	-4.97
shareholders equity per share	7.65	7.89	-3.02
interest debt per share	3.66	3.44	6.33
market cap	13075243442.07	11835723374.01	10.47
enterprise value	14105141442.07	12857105374.01	9.71
pe ratio	24.59	25.28	-2.75
price to sales ratio	23.03	22.29	3.31
pocfratio	51.06	64.59	-20.94
pfcf ratio	52.14	88.77	-41.27
pb ratio	4.53	3.98	13.81
ptb ratio	4.53	3.98	13.81
ev to sales	24.84	24.21	2.60
enterprise value over ebitda	46.16	45.93	0.49
ev to operating cash flow	55.09	70.16	-21.49
ev to free cash flow	56.24	96.43	-41.67
earnings yield	0.01	0.01	2.82
free cash flow yield	0.02	0.01	70.26
debt to equity	0.46	0.42	9.95
debt to assets	0.29	0.27	5.37
net debt to ebitda	3.37	3.65	-7.64
current ratio	1.97	1.73	14.02
interest coverage	5.13	4.48	14.56
income quality	1.93	1.57	23.01
dividend yield	0.01	0.01	-4.57
payout ratio	0.95	1.03	-7.19
sales general and administrative to revenue	0	0.16	-100.00
research and ddevelopement to revenue	0	0	NaN
intangibles to total assets	0.86	0.88	-2.05
capex to operating cash flow	0.02	0.27	-92.45
capex to revenue	0.01	0.09	-90.13
capex to depreciation	0.07	0.67	-90.16
stock based compensation to revenue	0.01	0	NaN
graham number	7.79	7.42	4.91
roic	0.04	0.03	11.92
return on tangible assets	0.21	0.21	-2.69
graham net net	-3.48	-3.3	-5.62
working capital	247762000	162626000	52.35
tangible asset value	-1095507000	-1042787000	-5.06
net current asset value	-1228771000	-1201880000	-2.24
invested capital	4338016000	4288751000	1.15
average receivables	148260500	135033500	9.80
average payables	136352500	111584500	22.20
average inventory	2993500	2701500	10.81
days sales outstanding	23.21	25.44	-8.75
days payables outstanding	73.25	76.14	-3.80
days of inventory on hand	1.59	1.69	-5.91
receivables turnover	3.88	3.54	9.58
payables turnover	1.23	1.18	3.95
inventory turnover	56.58	53.23	6.29
roe	0.05	0.04	17.03
capex per share	0.01	0.13	-89.46

• Negative

  ROE: Return on Equity (ROE) increased to 0.05 on 2024-06-30 Q4 from 0.04 on 2023-12-31 Q2, representing a change of 17.03%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.

  PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 24.59 on 2024-06-30 Q4 from 25.28 on 2023-12-31 Q2, representing a change of -2.75%. Indicating a decrease in the relative valuation of the company's stock.

• Positive

  Current Ratio: Current Ratio increased to 1.97 on 2024-06-30 Q4 from 1.73 on 2023-12-31 Q2, representing a change of 14.02%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Also, it's above 1, indicating the ability to cover short-term obligations.

• Neutral

  Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.46 on 2024-06-30 Q4 from 0.42 on 2023-12-31 Q2, representing a change of 9.95%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.

Growth Rates ⓘ

• Annual Growth

• Quarterly Growth

Intrinsic Value (Discounted Cash Flow) ⓘ

Positive Sentiment: Discounted Cash Flow value is 48.76 which is higher than current price 40.26, indicates the company may be undervalued.