Americas Car Mart, Inc.
Company Overview
America's Car-Mart, Inc. operates automotive dealerships in the United States. The company primarily sells used vehicles and provides financing for its customers. Founded in 1981, it operates in twelve states across the Southern and Midwestern United States. The company focuses on serving customers with limited credit access, offering 'buy here, pay here' financing options.
The company's business model involves purchasing used vehicles, reconditioning them, and selling them to customers while providing in-house financing. They also offer vehicle service contracts and other ancillary products.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Oct. 31, 2024 | $347.27m | $340.15m | - | $18.04m | 0.00% | 5.30% |
| July 31, 2024 | $347.76m | $348.95m | - | $18.31m | 0.00% | 5.25% |
| Jan. 31, 2024 | $299.61m | $309.96m | - | $16.73m | 0.00% | 5.40% |
Company Impact
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