Carriage Services, Inc. hasn't performed well enough financially over the last 5 years.
We noticed something that, in our opinion, makes Carriage Services, Inc. a poor choice right now at any price.
🛑 Cannot operate for a year without new income, which is below our comfort level.
🛑 Cannot operate for a year without new income, which is below our comfort level.
🛑 Below our comfort level for covering day-to-day costs and bills.
🛑 Below our comfort level for covering day-to-day costs and bills.
🛑 Long-term financial cushion is below our comfort level.
🛑 Long-term financial cushion is below our comfort level.
🛑 Paying out too little of the expendable income to shareholders.
🛑 Paying out too little of the expendable income to shareholders.
✅ Less than a year's worth of inventory is being held.
✅ Less than a year's worth of inventory is being held.
✅ Shareholders' earnings are coming from operations.
✅ Shareholders' earnings are coming from operations.
🛑 Income after taxes and debts is unreliable.
🛑 Income after taxes and debts is unreliable.
🛑 Expendable income per shareholder is unreliable.
🛑 Expendable income per shareholder is unreliable.
🛑 Income actually returned to each shareholder is unreliable.
🛑 Shareholders earn less than 8% per year on their shares.
✅ Income actually returned to each shareholder is stable and growing.
✅ Shareholders earn over 8% per year on their shares.