Autozone Working Capital

AZO
 Stock
  

USD 2,223  0.76  0.0342%   

Autozone fundamentals help investors to digest information that contributes to Autozone's financial success or failures. It also enables traders to predict the movement of Autozone Stock. The fundamental analysis module provides a way to measure Autozone's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Autozone stock.
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
Autozone Invested Capital is quite stable at the moment as compared to the past year. The company's current value of Invested Capital is estimated at 9.81 Billion. Invested Capital Average is expected to rise to about 9.7 B this year, although the value of Working Capital will most likely fall to (521.6 M).

Autozone Working Capital Analysis

Autozone's Working Capital is a measure of company efficiency and operating liquidity. The working capital is usually calculated by subtracting Current Liabilities from Current Assets. It is an important indicator of the firm ability to continue its normal operations without additional debt obligations. .

Autozone Working Capital

(521.62 Million)

Working Capital 
 = 
Current Assets 
Current Liabilities 
More About Working Capital | All Equity Analysis

Current Autozone Working Capital

    
  (450.75 M)  
Most of Autozone's fundamental indicators, such as Working Capital, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Autozone is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Autozone Working Capital Driver Correlations

Understanding the fundamental principles of building solid financial models for Autozone is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Working Capital. Since Autozone's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Autozone's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Autozone's interrelated accounts and indicators.

Autozone Working Capital Historical Pattern

Today, most investors in Autozone Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Autozone's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's working capital growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Autozone working capital as a starting point in their analysis.
   Autozone Working Capital   
Share
       Timeline  
Working Capital can be positive or negative, depending on how much of current debt the company is carrying on its balance sheet. In general terms, companies that have a lot of working capital will experience more growth in the near future since they can expand and improve their operations using existing resources. On the other hand, companies with small or negative working capital may lack the funds necessary for growth or future operation. Working Capital also shows if the company has sufficient liquid resources to satisfy short-term liabilities and operational expenses.
Compare to competition

Autozone Capital Expenditure

Capital Expenditure

(528.09 Million)

Autozone Capital Expenditure is quite stable at the moment as compared to the past year. The company's current value of Capital Expenditure is estimated at (528.09 Million)
In accordance with the company's disclosures, Autozone has a Working Capital of (450.75 Million). This is 107.54% lower than that of the Consumer Cyclical sector and 114.46% lower than that of the Specialty Retail industry. The working capital for all United States stocks is 130.49% higher than that of the company.

Autozone Working Capital Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Autozone's direct or indirect competition against its Working Capital to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Autozone could also be used in its relative valuation, which is a method of valuing Autozone by comparing valuation metrics of similar companies.
Autozone is currently under evaluation in working capital category among related companies.

Autozone ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Autozone's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Autozone's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Autozone Fundamentals

About Autozone Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Autozone's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Autozone using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Autozone based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Working Capital-483.5 M-521.6 M
Invested Capital9.1 B9.8 B
Invested Capital Average9.1 B9.7 B
Market Capitalization27 B26.1 B
AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company was founded in 1979 and is based in Memphis, Tennessee. Autozone operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 65100 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Autozone without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Autozone

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Autozone position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Autozone will appreciate offsetting losses from the drop in the long position's value.

Moving together with Autozone

0.65BQBoqii Holding Earnings Call  This WeekPairCorr

Moving against Autozone

0.74KIRKKirklands Normal TradingPairCorr
0.57BBWIBath Body Works Earnings Call  This WeekPairCorr
0.51BBBYBed Bath Beyond Normal TradingPairCorr
The ability to find closely correlated positions to Autozone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autozone when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Autozone - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Autozone to buy it.
The correlation of Autozone is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Autozone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autozone moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Autozone can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Autozone Piotroski F Score and Autozone Altman Z Score analysis. Note that the Autozone information on this page should be used as a complementary analysis to other Autozone's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

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Is Autozone's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Autozone. If investors know Autozone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Autozone listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.096
Market Capitalization
43.3 B
Quarterly Revenue Growth YOY
0.059
Return On Assets
0.14
The market value of Autozone is measured differently than its book value, which is the value of Autozone that is recorded on the company's balance sheet. Investors also form their own opinion of Autozone's value that differs from its market value or its book value, called intrinsic value, which is Autozone's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Autozone's market value can be influenced by many factors that don't directly affect Autozone's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Autozone's value and its price as these two are different measures arrived at by different means. Investors typically determine Autozone value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autozone's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.