Autozone Historical Financial Ratios

AZO
 Stock
  

USD 2,171  30.57  1.43%   

Autozone is presently reporting on over 70 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Calculated Tax Rate of 28.37, PPandE Turnover of 3.14 or Receivables Turnover of 48.93 will help investors to properly organize and evaluate Autozone financial condition quickly. Financial Statement Analysis is way more than just reviewing and evaluating Autozone prevailing accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Autozone is a good buy for the upcoming year.
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About Autozone Financial Ratios Analysis

AutozoneFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Autozone investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Autozone financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Autozone history.

Autozone Financial Ratios Chart

Autozone financial ratios usually calculated using numerical values taken directly from Autozone financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Autozone. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
Autozone Cash and Equivalents Turnover is quite stable at the moment as compared to the past year. The company's current value of Cash and Equivalents Turnover is estimated at 64.40. Return on Investment is expected to rise to 70.74 this year, although the value of Interest Coverage will most likely fall to 11.11.

Return on Average Assets

Return on assets measures how profitable a company is Net Income Common Stock relative to its total assets [AssetsAvg].

Return on Average Equity

Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of [EquityAvg].

Return on Sales

Return on Sales is a ratio to evaluate a company's operational efficiency; calculated by dividing Earning Before Interest and Taxes EBIT by Revenues. ROS is often a component of DuPont ROE analysis.
Most ratios from Autozone fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Autozone current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Please continue to Trending Equities.Autozone Cash and Equivalents Turnover is quite stable at the moment as compared to the past year. The company's current value of Cash and Equivalents Turnover is estimated at 64.40. Return on Investment is expected to rise to 70.74 this year, although the value of Interest Coverage will most likely fall to 11.11.
 2012 2018 2021 2022 (projected)
Calculated Tax Rate18.2621.0620.3928.37
Interest Coverage10.3815.0711.9911.11

Autozone fundamentals Correlations

-0.30.45-0.590.16-0.43-0.480.7-0.840.410.97-0.890.970.97-0.88-0.91-0.09-0.890.620.980.980.370.550.980.040.94
-0.30.680.950.870.95-0.650.440.690.74-0.480.64-0.5-0.260.640.42-0.580.620.45-0.44-0.45-0.66-0.72-0.44-0.12-0.29
0.450.680.430.950.61-0.950.84-0.050.940.29-0.080.270.51-0.13-0.3-0.51-0.150.850.320.32-0.36-0.220.340.010.42
-0.590.950.430.690.96-0.40.140.860.48-0.730.83-0.75-0.540.830.67-0.470.820.16-0.71-0.71-0.71-0.81-0.7-0.13-0.57
0.160.870.950.690.82-0.910.730.260.92-0.020.22-0.040.220.20.01-0.610.170.720.010.0-0.56-0.490.03-0.080.12
-0.430.950.610.960.82-0.530.230.710.59-0.570.73-0.59-0.360.650.5-0.410.640.33-0.54-0.54-0.66-0.7-0.530.01-0.39
-0.48-0.65-0.95-0.4-0.91-0.53-0.890.1-0.92-0.330.17-0.3-0.550.090.210.740.13-0.73-0.31-0.310.520.37-0.350.29-0.34
0.70.440.840.140.730.23-0.89-0.250.910.52-0.370.510.67-0.29-0.48-0.61-0.310.850.560.55-0.17-0.070.55-0.190.61
-0.840.69-0.050.860.260.710.1-0.250.09-0.950.98-0.94-0.870.950.8-0.140.97-0.15-0.89-0.89-0.42-0.65-0.930.02-0.74
0.410.740.940.480.920.59-0.920.910.090.210.00.190.4-0.01-0.25-0.58-0.020.890.270.26-0.32-0.260.25-0.040.4
0.97-0.480.29-0.73-0.02-0.57-0.330.52-0.950.21-0.961.00.97-0.95-0.90.01-0.960.440.980.980.410.621.00.020.89
-0.890.64-0.080.830.220.730.17-0.370.980.0-0.96-0.96-0.890.910.790.00.93-0.2-0.91-0.91-0.38-0.58-0.940.14-0.75
0.97-0.50.27-0.75-0.04-0.59-0.30.51-0.940.191.0-0.960.95-0.96-0.920.05-0.970.440.990.990.450.651.00.060.9
0.97-0.260.51-0.540.22-0.36-0.550.67-0.870.40.97-0.890.95-0.86-0.83-0.18-0.890.550.940.930.190.430.97-0.070.85
-0.880.64-0.130.830.20.650.09-0.290.95-0.01-0.950.91-0.96-0.860.93-0.321.0-0.35-0.95-0.95-0.61-0.81-0.95-0.27-0.88
-0.910.42-0.30.670.010.50.21-0.480.8-0.25-0.90.79-0.92-0.830.93-0.30.92-0.62-0.97-0.97-0.68-0.82-0.92-0.42-0.99
-0.09-0.58-0.51-0.47-0.61-0.410.74-0.61-0.14-0.580.010.00.05-0.18-0.32-0.3-0.26-0.170.10.110.810.760.030.830.18
-0.890.62-0.150.820.170.640.13-0.310.97-0.02-0.960.93-0.97-0.891.00.92-0.26-0.33-0.95-0.95-0.55-0.77-0.96-0.21-0.86
0.620.450.850.160.720.33-0.730.85-0.150.890.44-0.20.440.55-0.35-0.62-0.17-0.330.550.550.140.20.50.350.72
0.98-0.440.32-0.710.01-0.54-0.310.56-0.890.270.98-0.910.990.94-0.95-0.970.1-0.950.551.00.520.70.990.180.96
0.98-0.450.32-0.710.0-0.54-0.310.55-0.890.260.98-0.910.990.93-0.95-0.970.11-0.950.551.00.530.710.990.180.96
0.37-0.66-0.36-0.71-0.56-0.660.52-0.17-0.42-0.320.41-0.380.450.19-0.61-0.680.81-0.550.140.520.530.950.420.710.6
0.55-0.72-0.22-0.81-0.49-0.70.37-0.07-0.65-0.260.62-0.580.650.43-0.81-0.820.76-0.770.20.70.710.950.630.660.73
0.98-0.440.34-0.70.03-0.53-0.350.55-0.930.251.0-0.941.00.97-0.95-0.920.03-0.960.50.990.990.420.630.080.91
0.04-0.120.01-0.13-0.080.010.29-0.190.02-0.040.020.140.06-0.07-0.27-0.420.83-0.210.350.180.180.710.660.080.37
0.94-0.290.42-0.570.12-0.39-0.340.61-0.740.40.89-0.750.90.85-0.88-0.990.18-0.860.720.960.960.60.730.910.37
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Autozone Account Relationship Matchups

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.

Autozone Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 Trending Equities. 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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Autozone price analysis, check to measure Autozone's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Autozone is operating at the current time. Most of Autozone's value examination focuses on studying past and present price action to predict the probability of Autozone's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Autozone's price. Additionally, you may evaluate how the addition of Autozone to your portfolios can decrease your overall portfolio volatility.
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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
41.4 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.