AutoZone Inc (AZO)

Financial leverage ratio

Feb 10, 2024 Nov 18, 2023 Aug 26, 2023 May 6, 2023 Feb 11, 2023 Nov 19, 2022 Aug 27, 2022 May 7, 2022 Feb 12, 2022 Nov 20, 2021 Aug 28, 2021 May 8, 2021 Feb 13, 2021 Nov 21, 2020 Aug 29, 2020 May 9, 2020 Nov 23, 2019 Aug 31, 2019 May 4, 2019 Feb 9, 2019
Total assets US$ in thousands 16,717,700 16,292,600 15,985,900 15,597,900 15,545,100 15,315,900 15,275,000 14,520,600 14,078,500 14,460,900 14,516,200 14,137,900 14,160,000 14,568,600 14,423,900 12,902,100 12,700,500 9,895,910 9,773,740 9,745,100
Total stockholders’ equity US$ in thousands -4,837,320 -5,213,670 -4,349,890 -4,301,580 -4,184,170 -3,837,920 -3,538,910 -3,387,230 -3,137,480 -2,124,750 -1,797,540 -1,763,390 -1,523,570 -1,026,980 -877,977 -1,632,740 -1,776,090 -1,713,850 -1,589,510 -1,594,360
Financial leverage ratio

February 10, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $16,717,700K ÷ $-4,837,320K
= —

The financial leverage ratio for AutoZone Inc is not available in the provided data. The financial leverage ratio is a measure of how much debt a company is using to finance its assets relative to its equity. It provides insights into the company's capital structure and its degree of financial risk. Without the specific values of the financial leverage ratio over time, it is not possible to analyze the trend and assess the company's leverage position. For a comprehensive evaluation of AutoZone Inc's financial leverage, further historical and current data on its debt and equity levels would be needed.


Peer comparison

Feb 10, 2024

Company name
Symbol
Financial leverage ratio
AutoZone Inc
AZO
Advance Auto Parts Inc
AAP
4.87
MarineMax Inc
HZO
2.73
O’Reilly Automotive Inc
ORLY

See also:

AutoZone Inc Financial Leverage (Quarterly Data)