Non-Current Liabilities
Long-Term Debt
Copart Long-Term Debt decreased by 100.0% to $0.00 in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $10.90M to $0.00. Over 4 years (FY 2020 to FY 2024), Long-Term Debt shows a downward trend with a -100.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ3 2016
Last reportedQ4 2025
How to read this metric
An increase indicates higher financial leverage, which can amplify returns on equity but also increases interest expense and financial risk.
Detailed definition
Loans and financial obligations with a maturity period exceeding one year, typically consisting of corporate bonds and n...
Peer comparison
Capital-intensive firms or those with aggressive share buyback programs often carry higher long-term debt than asset-light competitors.
Metric ID:
long_term_debtHistorical Data
14 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $397.63M | $397.64M | $408.94M | $403.83M | $402.73M | $2.00M | $1.97M | $1.95M | $22.37M | $10.90M | $9.46M | $453.00K | $427.00K | $0.00 |
| QoQ Change | — | +0.0% | +2.8% | -1.2% | -0.3% | -99.5% | -1.4% | -1.2% | >999% | -51.3% | -13.2% | -95.2% | -5.7% | -100.0% |
| YoY Change | — | — | — | — | +1.3% | -99.5% | -99.5% | -99.5% | -94.4% | +446.2% | +380.5% | -76.7% | -98.1% | -100.0% |
Range$0.00 – $408.94M
CAGR-100.0%
Avg YoY Growth+16.0%
Median YoY Growth-96.3%
Current Streak5 quarters decline
Long-Term Debt at Other Companies
Frequently Asked Questions
- What is Copart's long-term debt?
- Copart (CPRT) reported long-term debt of $0.00 in Q2 2024.
- How has Copart's long-term debt changed year-over-year?
- Copart's long-term debt decreased by 100.0% year-over-year, from $10.90M to $0.00.
- What is the long-term trend for Copart's long-term debt?
- Over 4 years (2020 to 2024), Copart's long-term debt has grown at a -100.0% compound annual growth rate (CAGR), from $396.90M to $0.00.
- What does long-term debt mean?
- Money the company has borrowed that doesn't need to be paid back for at least a year.