AutoZone Capital Expenditures vs Stock Based Compensation Analysis

AZO Stock

USD 2,773 48.19 1.71%

AutoZone financial indicator trend analysis is way more than just evaluating AutoZone prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AutoZone is a good investment. Please check the relationship between AutoZone Capital Expenditures and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoZone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.

Capital Expenditures vs Stock Based Compensation

Capital Expenditures vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AutoZone Capital Expenditures account and Stock Based Compensation. At this time, the significance of the direction appears to have almost identical trend.

The correlation between AutoZone's Capital Expenditures and Stock Based Compensation is 0.97. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of AutoZone, assuming nothing else is changed. The correlation between historical values of AutoZone's Capital Expenditures and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of AutoZone are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Capital Expenditures i.e., AutoZone's Capital Expenditures and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.97

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by AutoZone to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of AutoZone operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.

Most indicators from AutoZone's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AutoZone current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoZone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.At this time, AutoZone's Selling General Administrative is very stable compared to the past year. As of the 23rd of May 2024, Enterprise Value is likely to grow to about 8.3 B, while Tax Provision is likely to drop about 446.5 M.

	2021	2022	2023	2024 (projected)
Interest Expense	191.6M	306.4M	352.3M	369.9M
Depreciation And Amortization	442.2M	497.6M	572.2M	600.8M

Interest Expense Depreciation And Amortization

AutoZone fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Good Will	Common Stock Total Equity
Total Assets		0.99	-0.53	0.99	-0.81	0.99	0.97	-0.69	0.98	0.39	1.0	0.24	0.39	0.98	-0.76	0.99	0.98	0.92	-0.57	0.99	0.92	0.99	0.86	-0.45	0.39	-0.71
Short Long Term Debt Total	0.99		-0.54	0.98	-0.86	0.99	0.99	-0.75	0.98	0.3	0.99	0.21	0.3	0.98	-0.7	1.0	0.97	0.86	-0.61	1.0	0.96	0.96	0.88	-0.41	0.34	-0.64
Other Current Liab	-0.53	-0.54		-0.45	0.32	-0.59	-0.5	0.08	-0.45	-0.45	-0.56	0.1	-0.45	-0.51	-0.1	-0.54	-0.38	-0.42	0.44	-0.51	-0.56	-0.47	-0.63	0.53	0.51	-0.16
Total Current Liabilities	0.99	0.98	-0.45		-0.88	0.98	0.98	-0.72	1.0	0.25	0.99	0.25	0.25	0.99	-0.78	0.98	0.99	0.9	-0.66	0.99	0.94	0.97	0.86	-0.41	0.43	-0.73
Total Stockholder Equity	-0.81	-0.86	0.32	-0.88		-0.83	-0.91	0.82	-0.88	0.14	-0.84	-0.2	0.14	-0.88	0.64	-0.86	-0.86	-0.66	0.79	-0.87	-0.91	-0.77	-0.74	0.25	-0.37	0.59
Property Plant And Equipment Net	0.99	0.99	-0.59	0.98	-0.83		0.97	-0.68	0.98	0.37	1.0	0.22	0.37	0.98	-0.69	0.99	0.96	0.89	-0.62	0.99	0.94	0.97	0.89	-0.45	0.3	-0.64
Net Debt	0.97	0.99	-0.5	0.98	-0.91	0.97		-0.79	0.98	0.17	0.98	0.22	0.17	0.99	-0.69	0.99	0.97	0.84	-0.65	0.99	0.98	0.93	0.86	-0.39	0.35	-0.63
Retained Earnings	-0.69	-0.75	0.08	-0.72	0.82	-0.68	-0.79		-0.73	0.1	-0.69	-0.19	0.1	-0.75	0.65	-0.75	-0.77	-0.56	0.3	-0.74	-0.74	-0.68	-0.55	0.2	-0.54	0.62
Accounts Payable	0.98	0.98	-0.45	1.0	-0.88	0.98	0.98	-0.73		0.23	0.98	0.27	0.23	0.99	-0.78	0.98	0.99	0.91	-0.65	0.99	0.94	0.97	0.83	-0.43	0.42	-0.73
Cash	0.39	0.3	-0.45	0.25	0.14	0.37	0.17	0.1	0.23		0.36	-0.01	1.0	0.23	-0.28	0.29	0.23	0.41	0.21	0.28	0.09	0.44	0.38	-0.28	0.05	-0.27
Non Current Assets Total	1.0	0.99	-0.56	0.99	-0.84	1.0	0.98	-0.69	0.98	0.36		0.22	0.36	0.98	-0.72	0.99	0.97	0.89	-0.61	0.99	0.94	0.98	0.89	-0.44	0.34	-0.66
Non Currrent Assets Other	0.24	0.21	0.1	0.25	-0.2	0.22	0.22	-0.19	0.27	-0.01	0.22		-0.01	0.21	-0.36	0.23	0.29	0.42	-0.11	0.24	0.19	0.27	0.08	-0.17	0.2	-0.36
Cash And Short Term Investments	0.39	0.3	-0.45	0.25	0.14	0.37	0.17	0.1	0.23	1.0	0.36	-0.01		0.23	-0.28	0.29	0.23	0.41	0.21	0.28	0.09	0.44	0.38	-0.28	0.05	-0.27
Net Receivables	0.98	0.98	-0.51	0.99	-0.88	0.98	0.99	-0.75	0.99	0.23	0.98	0.21	0.23		-0.72	0.99	0.98	0.88	-0.63	0.99	0.95	0.96	0.82	-0.45	0.37	-0.66
Common Stock Shares Outstanding	-0.76	-0.7	-0.1	-0.78	0.64	-0.69	-0.69	0.65	-0.78	-0.28	-0.72	-0.36	-0.28	-0.72		-0.71	-0.82	-0.78	0.3	-0.74	-0.56	-0.81	-0.52	0.12	-0.84	1.0
Non Current Liabilities Total	0.99	1.0	-0.54	0.98	-0.86	0.99	0.99	-0.75	0.98	0.29	0.99	0.23	0.29	0.99	-0.71		0.97	0.88	-0.6	1.0	0.96	0.97	0.86	-0.42	0.35	-0.65
Inventory	0.98	0.97	-0.38	0.99	-0.86	0.96	0.97	-0.77	0.99	0.23	0.97	0.29	0.23	0.98	-0.82	0.97		0.92	-0.58	0.98	0.91	0.98	0.78	-0.41	0.49	-0.77
Other Current Assets	0.92	0.86	-0.42	0.9	-0.66	0.89	0.84	-0.56	0.91	0.41	0.89	0.42	0.41	0.88	-0.78	0.88	0.92		-0.44	0.89	0.77	0.95	0.67	-0.53	0.37	-0.74
Other Stockholder Equity	-0.57	-0.61	0.44	-0.66	0.79	-0.62	-0.65	0.3	-0.65	0.21	-0.61	-0.11	0.21	-0.63	0.3	-0.6	-0.58	-0.44		-0.63	-0.72	-0.49	-0.63	0.18	0.01	0.26
Total Liab	0.99	1.0	-0.51	0.99	-0.87	0.99	0.99	-0.74	0.99	0.28	0.99	0.24	0.28	0.99	-0.74	1.0	0.98	0.89	-0.63		0.95	0.97	0.86	-0.42	0.38	-0.69
Property Plant And Equipment Gross	0.92	0.96	-0.56	0.94	-0.91	0.94	0.98	-0.74	0.94	0.09	0.94	0.19	0.09	0.95	-0.56	0.96	0.91	0.77	-0.72	0.95		0.86	0.85	-0.4	0.22	-0.5
Total Current Assets	0.99	0.96	-0.47	0.97	-0.77	0.97	0.93	-0.68	0.97	0.44	0.98	0.27	0.44	0.96	-0.81	0.97	0.98	0.95	-0.49	0.97	0.86		0.81	-0.45	0.45	-0.76
Short Term Debt	0.86	0.88	-0.63	0.86	-0.74	0.89	0.86	-0.55	0.83	0.38	0.89	0.08	0.38	0.82	-0.52	0.86	0.78	0.67	-0.63	0.86	0.85	0.81		-0.38	0.18	-0.47
Intangible Assets	-0.45	-0.41	0.53	-0.41	0.25	-0.45	-0.39	0.2	-0.43	-0.28	-0.44	-0.17	-0.28	-0.45	0.12	-0.42	-0.41	-0.53	0.18	-0.42	-0.4	-0.45	-0.38		0.11	0.07
Good Will	0.39	0.34	0.51	0.43	-0.37	0.3	0.35	-0.54	0.42	0.05	0.34	0.2	0.05	0.37	-0.84	0.35	0.49	0.37	0.01	0.38	0.22	0.45	0.18	0.11		-0.87
Common Stock Total Equity	-0.71	-0.64	-0.16	-0.73	0.59	-0.64	-0.63	0.62	-0.73	-0.27	-0.66	-0.36	-0.27	-0.66	1.0	-0.65	-0.77	-0.74	0.26	-0.69	-0.5	-0.76	-0.47	0.07	-0.87

Click cells to compare fundamentals

AutoZone Account Relationship Matchups

AutoZone fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	14.4B	14.5B	15.3B	16.0B	18.4B	19.3B
Short Long Term Debt Total	8.3B	8.2B	9.3B	10.9B	12.6B	13.2B
Other Current Liab	65.4M	84.0M	93.8M	120.1M	138.1M	131.2M
Total Current Liabilities	6.3B	7.4B	8.6B	8.5B	9.8B	10.3B
Total Stockholder Equity	(878.0M)	(1.8B)	(3.5B)	(4.3B)	(3.9B)	(3.7B)
Property Plant And Equipment Net	7.1B	7.6B	8.1B	8.6B	9.9B	10.4B
Net Debt	6.6B	7.1B	9.0B	10.7B	12.3B	12.9B
Retained Earnings	(1.5B)	(419.8M)	(1.3B)	(3.0B)	(2.7B)	(2.5B)
Accounts Payable	5.2B	6.0B	7.3B	7.2B	8.3B	8.7B
Cash	1.8B	1.2B	264.4M	277.1M	318.6M	194.4M
Non Current Assets Total	7.6B	8.1B	8.6B	9.2B	10.6B	11.1B
Non Currrent Assets Other	119.5M	113.7M	140.4M	141.3M	162.5M	170.6M
Cash And Short Term Investments	1.8B	1.2B	264.4M	277.1M	318.6M	194.4M
Net Receivables	364.8M	378.4M	504.9M	520.4M	598.4M	628.4M
Common Stock Shares Outstanding	24.1M	22.8M	20.7M	19.1M	17.2M	16.3M
Liabilities And Stockholders Equity	14.4B	14.5B	15.3B	16.0B	18.4B	19.3B
Non Current Liabilities Total	9.0B	8.9B	10.2B	11.8B	13.6B	14.3B
Inventory	4.5B	4.6B	5.6B	5.8B	6.6B	7.0B
Other Current Assets	223.0M	225.8M	220.7M	217.8M	250.5M	263.0M
Other Stockholder Equity	927.0M	(1.1B)	(1.9B)	(1.2B)	(1.1B)	(1.0B)
Total Liab	15.3B	16.3B	18.8B	20.3B	23.4B	24.6B
Property Plant And Equipment Gross	4.5B	8.8B	9.5B	13.3B	15.3B	16.1B
Total Current Assets	6.8B	6.4B	6.6B	6.8B	7.8B	8.2B
Accumulated Other Comprehensive Income	(354.3M)	(308.0M)	(300.5M)	(190.8M)	(171.8M)	(180.3M)
Short Term Debt	291.3M	326.5M	336.3M	344.2M	395.8M	415.6M
Common Stock Total Equity	254K	237K	230K	207K	186.3K	177.0K
Common Stock	237K	230K	207K	189K	170.1K	161.6K
Other Liab	848.0M	1.0B	1.3B	1.2B	1.4B	1.5B
Other Assets	145.9M	525.3M	557.8M	309.2M	355.5M	373.3M
Long Term Debt	5.5B	5.3B	6.1B	7.7B	8.8B	9.3B
Treasury Stock	(1.4B)	(356.5M)	(2.5B)	(3.3B)	(2.9B)	(2.8B)
Property Plant Equipment	4.5B	7.6B	8.1B	8.6B	9.9B	10.4B
Current Deferred Revenue	770.0M	945.3M	857.0M	846.3M	973.3M	1.0B
Short Term Investments	76.1M	46.0M	49.8M	39.6M	45.6M	32.1M
Net Tangible Assets	1.6B	(1.8B)	(3.5B)	(4.3B)	(3.9B)	(3.7B)
Retained Earnings Total Equity	(1.3B)	(1.5B)	(419.8M)	(1.3B)	(1.2B)	(1.3B)
Long Term Debt Total	5.5B	5.3B	6.1B	7.9B	9.0B	5.5B
Capital Surpluse	1.3B	1.5B	1.4B	1.5B	1.7B	1.2B

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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:

How To Invest In AutoZone

Details

Is AutoZone Stock a good investment?

Details

What is AutoZone's Net Worth?

Details

Largest Consumer Discretionary Distribution & Retail Companies

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Largest Consumer Discretionary Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoZone. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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

141.82

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.

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AutoZone Capital Expenditures vs Stock Based Compensation Analysis

Capital Expenditures vs Stock Based Compensation

Capital Expenditures vs Stock Based Compensation Correlation Analysis

Correlation Coefficient

Capital Expenditures

Stock Based Compensation

AutoZone fundamental ratios Correlations

AutoZone Account Relationship Matchups

High Positive Relationship

High Negative Relationship

AutoZone fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for AutoZone Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Accounts Payable	+ 1.0	Total Current Liabilities
Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash

Property Plant And Equipment Gross	- 0.91	Total Stockholder Equity
Net Debt	- 0.91	Total Stockholder Equity
Net Receivables	- 0.88	Total Stockholder Equity
Accounts Payable	- 0.88	Total Stockholder Equity
Total Stockholder Equity	- 0.88	Total Current Liabilities
Common Stock Total Equity	- 0.87	Good Will