Copart Inc
CPRTCompany Overview
Copart, Inc. engages in the provision of online auctions and vehicle remarketing services. It provides vehicle sellers with a full range of services to process and sell vehicles primarily over the internet through Virtual Bidding Third Generation Internet auction-style sales technology. The firm sells the vehicles principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters and at certain locations, as well as to the general public. The company’s services include online seller access, salvage estimation services, estimating services, end-of-life vehicle processing, virtual insured exchange, transportation services, vehicle inspection stations, on-demand reporting, DMV processing, and vehicle processing programs. It operates through the United States and International segments. Copart was founded by Willis J. Johnson in 1982 and is headquartered in Dallas, TX.
Shariah Compliance Benchmarks:
- Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
- Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
This stock meets all Shariah compliance criteria according to AAOIFI standards.
| Name | Copart Inc |
| Ticker | CPRT |
| Main Business | Specialty Business Services |
| Type | Common Stock |
| Industry | Specialty Business Services |
| Country | US |
| Market Cap | $49.83 B |
Shariah Analysis Breakdown
| Revenue Segment | Value ($M) | Non-Compliant ($M) | Reason |
|---|---|---|---|
| Service revenues | $3,560.0 | $0.0 | - |
| Vehicle Sales | $675.8 | $0.0 | - |
| Total | $4,235.8 | $0.0 | 0.00% (passed) |
| Liability Item | Value ($M) | % of Market Cap |
|---|---|---|
| current debt and capital lease obligation | $21,300,000.0 | 0.04% |
| long term debt and capital lease obligation | $97,430,000.0 | 0.20% |
| Total Interest-Bearing Debt | $118,730,000.0 | 0.24% |
| Market Capitalization | $49,825,496,400.0 | 100.00% |
| Compliance Status | Threshold: 33% | passed |