Copart, Inc. (CPRT) financial statements (2021 and earlier)

Company profile

Business Address 14185 DALLAS PARKWAY
DALLAS, TX 75254
State of Incorp. DE
Fiscal Year End July 31
SIC 55 - Automotive Dealers And Gasoline Service Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

1/31/2021
TTM
7/31/2020
7/31/2019
7/31/2018
7/31/2017
7/31/2016
7/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments616 186275210156456
Cash and cash equivalents616 186275210156456
Restricted cash and investments 478     
Receivables469377387367318285222
Inventory, net of allowances, customer advances and progress billings3020211710109
Inventory3020211710109
Other undisclosed current assets110899351494848
Total current assets:1,225964687709587499735
Noncurrent Assets
Operating lease, right-of-use asset108118 
Property, plant and equipment2,1751,9421,4281,163944817700
Intangible assets, net (including goodwill)391391388402416272290
Goodwill347344333337340260272
Intangible assets, net (excluding goodwill)44485565761218
Deferred income tax assets00 
Other noncurrent assets35404433343846
Other undisclosed noncurrent assets  0012429
Total noncurrent assets:2,7092,4921,8601,5991,3951,1511,065
TOTAL ASSETS:3,9343,4552,5482,3081,9831,6501,800
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:324319271271208192147
Accounts payable 133114134717758
Accrued liabilities 384238554230
Employee-related liabilities 424137313326
Taxes payable9431668
Other undisclosed accounts payable and accrued liabilities3151027062443526
Deferred revenue1486
Debt1111827654
Deferred revenue and credits554
Deferred tax liabilities 0  
Other undisclosed current liabilities312935668
Total current liabilities:371356282277302279213
Noncurrent Liabilities
Long-term debt and lease obligation, including:403397400399551564592
Finance lease, liability 1 
Operating lease, liability8596 
Other undisclosed long-term debt and lease obligation317301400399551564592
Liabilities, other than long-term debt1331173851313230
Accounts payable and accrued liabilities51453527252621
Deferred tax liabilities, net20345
Deferred income tax liabilities8172 
Other liabilities0034334
Other undisclosed noncurrent liabilities859649    
Total noncurrent liabilities:621610487449582597622
Total liabilities:992966769727884875835
Stockholders' equity
Stockholders' equity attributable to parent, including:2,9432,4891,7781,5811,098774964
Common stock0      
Additional paid in capital718673573527453392408
Accumulated other comprehensive loss(107)(121)(133)(108)(101)(109)(69)
Retained earnings2,3311,9381,3381,162745491625
Other undisclosed stockholders' equity attributable to parent     00
Stockholders' equity attributable to noncontrolling interest    1  
Other undisclosed stockholders' equity 0000  
Total stockholders' equity:2,9432,4901,7781,5811,099774964
TOTAL LIABILITIES AND EQUITY:3,9343,4552,5482,3081,9831,6501,800

Income statement (P&L) ($ in millions)

1/31/2021
TTM
7/31/2020
7/31/2019
7/31/2018
7/31/2017
7/31/2016
7/31/2015
Revenues2,2862,2062,0421,8061,4481,2681,146
Revenue, net 1,2681,146
Cost of revenue
(Cost of Goods and Services Sold)
(247)(225)(256)(196)(138)(583)(663)
Gross profit:2,0391,9801,7861,6091,310686483
Operating expenses(1,378)(1,389)(1,325)(10)(6)(862)(944)
Other undisclosed operating income247225256  583805
Operating income:9088167161,5991,304406344
Nonoperating income (expense)(15)(15)(12)1 (11)(12)
Investment income, nonoperating0121 11
Other nonoperating income646  125
Interest and debt expense(11)(20)(20)(20)(24)(24)(18)
Income from continuing operations before equity method investments, income taxes:8827816851,5791,281372314
Other undisclosed income (loss) from continuing operations before income taxes112020(1,017)(841)2418
Income from continuing operations before income taxes:893801705563440396332
Income tax expense(186)(101)(113)  (126)(112)
Net income:707700592563440270220
Net loss attributable to noncontrolling interest   (0)(0)  
Other undisclosed net loss attributable to parent   (145)(46)  
Net income attributable to parent:707700592418394270220
Other undisclosed net income available to common stockholders, basic    0  
Net income available to common stockholders, diluted:707700592418394270220

Comprehensive Income ($ in millions)

1/31/2021
TTM
7/31/2020
7/31/2019
7/31/2018
7/31/2017
7/31/2016
7/31/2015
Net income:707700592563440270220
Other comprehensive income9  411403  
Comprehensive income:715700592973843270220
Comprehensive loss, net of tax, attributable to noncontrolling interest   (0)(0)  
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1111(25)(562)(440)(40)(49)
Comprehensive income, net of tax, attributable to parent:727711567411403230171

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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