Autozone Stock Total Debt

AZO Stock  USD 3,193  1.31  0.04%   
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.
As of the 28th of March 2024, Total Debt To Capitalization is likely to grow to 1.56.
  
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 Total Debt Analysis

AutoZone's Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
 2021 2022 2023 2024 (projected)
Interest Expense191.6M306.4M352.3M369.9M
Depreciation And Amortization442.2M497.6M572.2M600.8M

Total Debt

 = 

Bonds

+

Notes

More About Total Debt | All Equity Analysis

Current AutoZone Total Debt

    
  2.92 B  
Most of AutoZone's fundamental indicators, such as Total Debt, 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 Total Debt 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 AutoZone Stock properly, considering its historical fundamentals such as Total Debt. 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.
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Click cells to compare fundamentals
In most industries, total debt may also include the current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meant to compare total debt amounts between companies that operate within the same sector.
Competition

AutoZone Short Long Term Debt Total

Short Long Term Debt Total

2.4 Billion

At this time, AutoZone's Short and Long Term Debt Total is very stable compared to the past year.
Based on the latest financial disclosure, AutoZone has a Total Debt of 2.92 B. This is 24.39% lower than that of the Specialty Retail sector and 12.31% lower than that of the Consumer Discretionary industry. The total debt for all United States stocks is 45.14% higher than that of the company.

AutoZone Total Debt 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 Total Debt 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 total debt 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 Institutional Holders

Institutional Holdings refers to the ownership stake in AutoZone that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AutoZone's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing AutoZone's value.
Shares
Norges Bank2023-12-31
262.4 K
Morgan Stanley - Brokerage Accounts2023-12-31
262 K
First Manhattan Co. Llc2023-12-31
256.5 K
Parnassus Investments, Llc2023-12-31
243.6 K
Stonepine Asset Management Inc.2023-12-31
215 K
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main2023-12-31
212.8 K
Deutsche Bank Ag2023-12-31
198.1 K
Northern Trust Corp2023-12-31
195.7 K
Nordea Investment Mgmt Bank Demark A/s2023-12-31
195.1 K
Vanguard Group Inc2023-12-31
1.7 M
Blackrock Inc2023-12-31
1.3 M

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 2024
Total Debt To Capitalization 1.48  1.56 

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 Stock

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Moving against AutoZone Stock

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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 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 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
When determining whether AutoZone offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AutoZone's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Autozone Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Autozone Stock:
Check out AutoZone Piotroski F Score and AutoZone Altman Z Score analysis.
To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.
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 the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for AutoZone Stock analysis

When running AutoZone's 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 the 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
0.172
Earnings Share
141.7
Revenue Per Share
999.527
Quarterly Revenue Growth
0.046
Return On Assets
0.1423
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 if AutoZone is a good investment 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.