KAR
Price:
$25.76
Market Cap:
$2.74B
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in the United States, Canada, Continental Europe and the United Kingdom. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles; and value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. Its digital marketplaces include OPENLANE platform, a mobile app enabled solutions that allows dealers to sell and sourc...[Read more]
Industry
Auto - Dealerships
IPO Date
2009-12-11
Stock Exchange
NYSE
Ticker
KAR
According to OPENLANE, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.16. This represents a change of 2.01% compared to the average of 1.14 of the last 4 quarters.
The mean historical Current Ratio of OPENLANE, Inc. over the last ten years is 1.21. The current 1.16 Current Ratio has changed 9.47% with respect to the historical average. Over the past ten years (40 quarters), KAR's Current Ratio was at its highest in in the June 2020 quarter at 1.62. The Current Ratio was at its lowest in in the June 2024 quarter at 1.08.
Average
1.21
Median
1.18
Minimum
1.10
Maximum
1.41
Discovering the peaks and valleys of OPENLANE, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 10.74%
Maximum Annual Current Ratio = 1.41
Minimum Annual Increase = -20.01%
Minimum Annual Current Ratio = 1.10
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 1.11 | -3.05% |
| 2023 | 1.15 | 0.26% |
| 2022 | 1.14 | 1.32% |
| 2021 | 1.13 | -20.01% |
| 2020 | 1.41 | 9.48% |
| 2019 | 1.29 | 2.06% |
| 2018 | 1.26 | -3.85% |
| 2017 | 1.31 | 7.92% |
| 2016 | 1.22 | 10.74% |
| 2015 | 1.10 | -15.76% |
The current Current Ratio of OPENLANE, Inc. (KAR) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.13
5-year avg
1.19
10-year avg
1.21
OPENLANE, Inc.’s Current Ratio is less than CarGurus, Inc. (2.87), less than Dana Incorporated (1.31), less than Visteon Corporation (1.89), greater than Sonic Automotive, Inc. (1.02), less than Greif, Inc. (1.47), greater than Driven Brands Holdings Inc. (0.90), less than The Buckle, Inc. (2.21), less than American Eagle Outfitters, Inc. (1.63), greater than Victoria's Secret & Co. (1.14),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.87 | $3.62B | |
| 1.31 | $3.09B | |
| 1.89 | $2.74B | |
| 1.02 | $2.22B | |
| 1.47 | $3.09B | |
| 0.90 | $2.52B | |
| 2.21 | $2.89B | |
| 1.63 | $4.09B | |
| 1.14 | $3.33B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like OPENLANE, Inc. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like OPENLANE, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is OPENLANE, Inc.'s Current Ratio?
How is the Current Ratio calculated for OPENLANE, Inc. (KAR)?
What is the highest Current Ratio for OPENLANE, Inc. (KAR)?
What is the 3-year average Current Ratio for OPENLANE, Inc. (KAR)?
What is the 5-year average Current Ratio for OPENLANE, Inc. (KAR)?
How does the current Current Ratio for OPENLANE, Inc. (KAR) compare to its historical average?