AZZ Total Assets from 2010 to 2024
| AZZ Stock | USD 74.22 1.98 2.74% |
Total Assets | First Reported 1986-02-28 | Previous Quarter 2.2 B | Current Value 2.2 B | Quarterly Volatility 604.1 M |
Check AZZ Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AZZ main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.4 M, Interest Expense of 112.4 M or Selling General Administrative of 134.8 M, as well as many exotic indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.011 or PTB Ratio of 1.5. AZZ financial statements analysis is a perfect complement when working with AZZ Incorporated Valuation or Volatility modules.
AZZ | Total Assets |
Latest AZZ Incorporated's Total Assets Growth Pattern
Below is the plot of the Total Assets of AZZ Incorporated over the last few years. Total assets refers to the total amount of AZZ Incorporated assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AZZ Incorporated books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. AZZ Incorporated's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AZZ Incorporated's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 2.2 B | 10 Years Trend |
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Total Assets |
| Timeline |
AZZ Total Assets Regression Statistics
| Arithmetic Mean | 1,148,187,350 | |
| Geometric Mean | 876,101,038 | |
| Coefficient Of Variation | 54.44 | |
| Mean Deviation | 437,026,960 | |
| Median | 996,442,000 | |
| Standard Deviation | 625,042,567 | |
| Sample Variance | 390678.2T | |
| Range | 2.3B | |
| R-Value | 0.86 | |
| Mean Square Error | 109439.1T | |
| R-Squared | 0.74 | |
| Significance | 0.000039 | |
| Slope | 120,219,831 | |
| Total Sum of Squares | 5469495T |
AZZ Total Assets History
Other Fundumenentals of AZZ Incorporated
AZZ Incorporated Total Assets component correlations
Click cells to compare fundamentals
About AZZ Incorporated Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include AZZ Incorporated income statement, its balance sheet, and the statement of cash flows. AZZ Incorporated investors use historical funamental indicators, such as AZZ Incorporated's Total Assets, to determine how well the company is positioned to perform in the future. Although AZZ Incorporated investors may use each financial statement separately, they are all related. The changes in AZZ Incorporated's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on AZZ Incorporated's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on AZZ Incorporated Financial Statements. Understanding these patterns can help to make the right decision on long term investment in AZZ Incorporated. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Total Assets | 2.2 B | 2.3 B | |
| Intangibles To Total Assets | 0.52 | 0.55 |
AZZ Incorporated Investors Sentiment
The influence of AZZ Incorporated's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AZZ. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AZZ Incorporated's public news can be used to forecast risks associated with an investment in AZZ. The trend in average sentiment can be used to explain how an investor holding AZZ can time the market purely based on public headlines and social activities around AZZ Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AZZ Incorporated's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AZZ Incorporated's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AZZ Incorporated's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AZZ Incorporated.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AZZ Incorporated in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AZZ Incorporated's short interest history, or implied volatility extrapolated from AZZ Incorporated options trading.
Pair Trading with AZZ Incorporated
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 AZZ Incorporated 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 AZZ Incorporated will appreciate offsetting losses from the drop in the long position's value.Moving against AZZ Stock
| 0.67 | AZ | A2Z Smart Technologies | PairCorr |
| 0.66 | BA | Boeing Financial Report 24th of July 2024 | PairCorr |
| 0.48 | AP | Ampco Pittsburgh | PairCorr |
The ability to find closely correlated positions to AZZ Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AZZ Incorporated 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 AZZ Incorporated - 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 AZZ Incorporated to buy it.
The correlation of AZZ Incorporated is a statistical measure of how it moves in relation to other instruments. 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 AZZ Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AZZ Incorporated 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 AZZ Incorporated 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.Check out the analysis of AZZ Incorporated Correlation against competitors. For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.Note that the AZZ Incorporated information on this page should be used as a complementary analysis to other AZZ Incorporated'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 the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for AZZ Stock analysis
When running AZZ Incorporated's price analysis, check to measure AZZ Incorporated'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 AZZ Incorporated is operating at the current time. Most of AZZ Incorporated's value examination focuses on studying past and present price action to predict the probability of AZZ Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AZZ Incorporated's price. Additionally, you may evaluate how the addition of AZZ Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is AZZ Incorporated'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 AZZ Incorporated. If investors know AZZ 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 AZZ Incorporated 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 0.02 | Dividend Share 0.68 | Earnings Share 3.46 | Revenue Per Share 61.403 | Quarterly Revenue Growth 0.089 |
The market value of AZZ Incorporated is measured differently than its book value, which is the value of AZZ that is recorded on the company's balance sheet. Investors also form their own opinion of AZZ Incorporated's value that differs from its market value or its book value, called intrinsic value, which is AZZ Incorporated'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 AZZ Incorporated's market value can be influenced by many factors that don't directly affect AZZ Incorporated'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 AZZ Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if AZZ Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AZZ Incorporated'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.