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Copart CPRT US — Interest Revenue Expense Net

Discontinued — last reported Q3 '19

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Other financials

Income statement

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Revenue$1.2B+2.1%
Operating income$464.3M+2.8%
Net income$402.4M-1.0%
EPS (diluted)$0.43+2.4%

Balance sheet

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Cash & equivalents$3.4B+41.7%
Total debt$103.7M-12.6%
Total equity$8.8B-0.1%
Total assets$9.6B-0.2%

Cash flow

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Operating cash flow$584.2M-16.6%
CapEx$80.9M-36.8%
Free cash flow$503.3M-12.2%

Valuation

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Market cap$27.99B-46.7%
P/E18×-17.5×
P/S-5.4×

Profitability

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Gross margin88.6%
Operating margin36.6%+0.8pp
Net margin33.5%+1.3pp
FCF margin28.9%+3.1pp

Returns & leverage

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Return on equity17.7%-0.8pp
Debt / equity0.0×
Current ratio7.6×-0.5×

Where this comes from

Reported directly by Copart in its filing.

Tagged under the XBRL concept us-gaap:InterestRevenueExpenseNet.

The official record: Copart’s 10-Q, filed May 29, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does US — interest revenue expense net mean?
The net difference between interest earned and interest paid for US operations.
How do you interpret US — interest revenue expense net?
Net revenue is generally preferred, indicating a strong cash position, while net expense indicates reliance on debt financing.
How does US — interest revenue expense net compare across companies?
Comparable to net interest expense/income reported by companies with significant debt or cash holdings.