Debt to Equity Ratio Analysis of AutoZone Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Aug-23
Very Poor Debt to Equity
-1.82
Period Ending - Aug-22
Very Poor Debt to Equity
-1.82
Growth
0.158 %
Most recent Quarter Debt to Equity
Period Ending - May-24
Very Poor Debt to Equity
-1.92
Debt to Equity Analysis of AutoZone Inc
| Debt to Equity Ratio of AZO has grown by 0.158 % Compared to previous Financial Year. |
| Debt to Equity Ratio of AZO trending up for at least three Years. |
| Debt to Equity Ratio with value of -6.61 was lowest in Year Aug-20 in last Five Years. |
| Latest Debt to Equity Ratio with value of -1.82 is Greater than Average Debt to Equity of -3.29 in last five years. |
Other Debt to Equity Related Info of AZO that may interest you.
AutoZone Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| AZO | 2938.83 | 2835.82 | 3.63 % | Specialty Retail |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Low Stability Stock | |
FY - Historical Debt to Equity Ratio of AutoZone Inc
| Period | Aug-23 | Aug-22 | Aug-21 | Aug-20 | Aug-19 | Aug-18 | Aug-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | -1.82 | -1.82 | -3.11 | -6.61 | -3.07 | -3.33 | -3.59 |
| Change | 0.158 % | 41.38 % | 52.91 % | -115.31 % | 7.71 % | 7.35 % | -29.18 % |
FY Chart of Debt to Equity Ratio of AutoZone Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)