AutoZone Inc (AZO)

Financial leverage ratio

Aug 31, 2024 May 4, 2024 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
Total assets US$ in thousands 17,176,500 17,108,400 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
Total stockholders’ equity US$ in thousands -4,749,610 -4,838,240 -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
Financial leverage ratio

August 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $17,176,500K ÷ $-4,749,610K
= —

The financial leverage ratio for AutoZone Inc is not provided in the table. Therefore, it is not possible to conduct a detailed analysis of the company's financial leverage based on the data available. The financial leverage ratio is a key indicator that measures the proportion of a company's debt to its equity and provides insights into the level of financial risk and leverage being used by the company. Without this ratio, it is challenging to evaluate AutoZone Inc's capital structure and assess its ability to meet its financial obligations. It is recommended to obtain the specific financial leverage ratio data for a more in-depth analysis of the company's leverage position.


Peer comparison

Aug 31, 2024

Company name
Symbol
Financial leverage ratio
AutoZone Inc
AZO
Advance Auto Parts Inc
AAP
4.87
MarineMax Inc
HZO
2.67
O’Reilly Automotive Inc
ORLY

See also:

AutoZone Inc Financial Leverage (Quarterly Data)