AutoZone Inc (AZO)
2988.51
+27.47
(+0.93%)
USD |
NYSE |
Apr 24, 16:00
2983.50
-5.01
(-0.17%)
After-Hours: 20:00
AutoZone Debt to Equity Ratio: -1.784 for Feb. 29, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| February 29, 2024 | -1.784 |
| November 30, 2023 | -1.646 |
| August 31, 2023 | -1.763 |
| May 31, 2023 | -1.706 |
| February 28, 2023 | -1.683 |
| November 30, 2022 | -1.649 |
| August 31, 2022 | -1.730 |
| May 31, 2022 | -1.788 |
| February 28, 2022 | -1.862 |
| November 30, 2021 | -2.481 |
| August 31, 2021 | -2.932 |
| May 31, 2021 | -2.987 |
| February 28, 2021 | -3.621 |
| November 30, 2020 | -5.37 |
| August 31, 2020 | -6.280 |
| May 31, 2020 | -3.318 |
| February 29, 2020 | -3.186 |
| November 30, 2019 | -2.977 |
| August 31, 2019 | -3.038 |
| May 31, 2019 | -3.241 |
| February 28, 2019 | -3.206 |
| November 30, 2018 | -3.109 |
| August 31, 2018 | -3.293 |
| May 31, 2018 | -3.639 |
| February 28, 2018 | -3.791 |
| Date | Value |
|---|---|
| November 30, 2017 | -3.267 |
| August 31, 2017 | -3.557 |
| May 31, 2017 | -3.006 |
| February 28, 2017 | -2.819 |
| November 30, 2016 | -2.637 |
| August 31, 2016 | -2.755 |
| May 31, 2016 | -2.659 |
| February 29, 2016 | -2.782 |
| November 30, 2015 | -2.674 |
| August 31, 2015 | -2.718 |
| May 31, 2015 | -2.759 |
| February 28, 2015 | -3.029 |
| November 30, 2014 | -2.659 |
| August 31, 2014 | -2.666 |
| May 31, 2014 | -2.421 |
| February 28, 2014 | -2.527 |
| November 30, 2013 | -2.425 |
| August 31, 2013 | -2.482 |
| May 31, 2013 | -2.611 |
| February 28, 2013 | -2.579 |
| November 30, 2012 | -2.390 |
| August 31, 2012 | -2.434 |
| May 31, 2012 | -2.545 |
| February 29, 2012 | -2.674 |
| November 30, 2011 | -2.49 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-6.280
Minimum
Aug 2020
-1.646
Maximum
Nov 2023
-2.752
Average
-2.706
Median
Debt to Equity Ratio Benchmarks
| Advance Auto Parts Inc | 0.709 |
| O'Reilly Automotive Inc | -3.203 |
| Lowe's Companies Inc | -2.387 |
| CarParts.com Inc | 0.00 |
| Nuvve Holding Corp | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 16.72B |
| Total Liabilities (Quarterly) | 21.55B |
| Shareholders Equity (Quarterly) | -4.837B |
| Current Ratio | 0.8158 |
| Net Debt Paydown Yield | -0.88% |