Azek Net Invested Capital vs Long Term Debt Analysis

AZEK Stock

USD 46.82 1.47 3.04%

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

Net Invested Capital vs Long Term Debt

Net Invested Capital vs Long Term Debt Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azek Company Net Invested Capital account and Long Term Debt. At this time, the significance of the direction appears to have pay attention.

The correlation between Azek's Net Invested Capital and Long Term Debt is -0.84. Overlapping area represents the amount of variation of Net Invested Capital that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Azek Company, assuming nothing else is changed. The correlation between historical values of Azek's Net Invested Capital and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Invested Capital of Azek Company are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Net Invested Capital i.e., Azek's Net Invested Capital and Long Term Debt go up and down completely randomly.

Correlation Coefficient

-0.84

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Net Invested Capital

The total amount of capital invested in a company, including both equity and debt, minus any cash or cash equivalents.

Long Term Debt

Long-term debt is a debt that Azek Company has held for over one year. Long-term debt appears on Azek Company balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Azek Company balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most indicators from Azek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Azek Company 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 Azek Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

At this time, Azek's Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.26 this year, although the value of Selling General Administrative will most likely fall to about 257.5 M.

	2021	2022	2023	2024 (projected)
Gross Profit	409.3M	437.7M	503.3M	339.0M
Total Revenue	1.4B	1.4B	1.6B	1.1B

Gross Profit Total Revenue

Azek fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments
Other Current Liab		0.76	0.37	0.75	0.68	0.57	0.19	0.5	0.76	0.79	0.63	0.56	-0.18	0.74	0.95	0.9	-0.67	0.75	0.88	-0.95	-0.66	0.65	0.92	0.85	-0.67	0.65
Total Current Liabilities	0.76		0.67	0.67	0.29	0.91	0.38	0.78	0.91	0.92	0.44	0.86	0.18	0.97	0.85	0.91	-0.76	0.85	0.92	-0.62	-0.78	0.82	0.85	0.77	-0.76	0.82
Other Liab	0.37	0.67		0.57	0.21	0.85	0.58	0.55	0.7	0.6	0.11	0.6	0.8	0.68	0.57	0.64	-0.61	0.64	0.65	-0.17	-0.63	0.64	0.57	0.71	-0.6	0.64
Net Tangible Assets	0.75	0.67	0.57		0.3	0.69	0.43	0.62	0.76	0.7	0.13	0.68	0.32	0.79	0.82	0.86	-0.94	0.94	0.86	-0.58	-0.93	0.83	0.76	0.8	-0.94	0.83
Retained Earnings	0.68	0.29	0.21	0.3		0.13	-0.1	-0.2	0.38	0.29	0.68	-0.11	-0.23	0.19	0.53	0.5	-0.05	0.19	0.45	-0.75	-0.06	0.22	0.63	0.59	-0.05	0.22
Accounts Payable	0.57	0.91	0.85	0.69	0.13		0.43	0.77	0.9	0.77	0.31	0.83	0.54	0.91	0.77	0.81	-0.8	0.83	0.82	-0.34	-0.82	0.86	0.71	0.79	-0.79	0.86
Other Assets	0.19	0.38	0.58	0.43	-0.1	0.43		0.68	0.43	0.61	-0.46	0.45	0.55	0.42	0.26	0.37	-0.45	0.46	0.47	-0.11	-0.4	0.13	0.32	0.16	-0.44	0.13
Net Receivables	0.5	0.78	0.55	0.62	-0.2	0.77	0.68		0.7	0.85	-0.04	0.91	0.31	0.83	0.65	0.67	-0.8	0.8	0.72	-0.34	-0.78	0.58	0.57	0.47	-0.8	0.58
Common Stock Shares Outstanding	0.76	0.91	0.7	0.76	0.38	0.9	0.43	0.7		0.82	0.44	0.69	0.3	0.87	0.85	0.89	-0.75	0.82	0.9	-0.56	-0.77	0.79	0.84	0.81	-0.75	0.79
Inventory	0.79	0.92	0.6	0.7	0.29	0.77	0.61	0.85	0.82		0.24	0.84	0.13	0.91	0.82	0.89	-0.76	0.85	0.94	-0.7	-0.75	0.66	0.86	0.67	-0.75	0.66
Other Current Assets	0.63	0.44	0.11	0.13	0.68	0.31	-0.46	-0.04	0.44	0.24		0.08	-0.37	0.29	0.58	0.43	-0.08	0.16	0.35	-0.6	-0.11	0.35	0.51	0.61	-0.08	0.35
Other Stockholder Equity	0.56	0.86	0.6	0.68	-0.11	0.83	0.45	0.91	0.69	0.84	0.08		0.29	0.93	0.72	0.77	-0.87	0.89	0.79	-0.41	-0.88	0.79	0.66	0.61	-0.87	0.79
Deferred Long Term Liab	-0.18	0.18	0.8	0.32	-0.23	0.54	0.55	0.31	0.3	0.13	-0.37	0.29		0.26	0.07	0.15	-0.36	0.3	0.17	0.39	-0.38	0.32	0.03	0.26	-0.36	0.32
Total Current Assets	0.74	0.97	0.68	0.79	0.19	0.91	0.42	0.83	0.87	0.91	0.29	0.93	0.26		0.85	0.93	-0.89	0.95	0.94	-0.58	-0.9	0.9	0.84	0.79	-0.89	0.9
Property Plant Equipment	0.95	0.85	0.57	0.82	0.53	0.77	0.26	0.65	0.85	0.82	0.58	0.72	0.07	0.85		0.94	-0.81	0.86	0.91	-0.82	-0.81	0.8	0.92	0.94	-0.81	0.8
Total Assets	0.9	0.91	0.64	0.86	0.5	0.81	0.37	0.67	0.89	0.89	0.43	0.77	0.15	0.93	0.94		-0.84	0.92	0.98	-0.77	-0.84	0.85	0.97	0.88	-0.83	0.85
Short Long Term Debt Total	-0.67	-0.76	-0.61	-0.94	-0.05	-0.8	-0.45	-0.8	-0.75	-0.76	-0.08	-0.87	-0.36	-0.89	-0.81	-0.84		-0.98	-0.85	0.47	1.0	-0.88	-0.71	-0.76	1.0	-0.88
Total Stockholder Equity	0.75	0.85	0.64	0.94	0.19	0.83	0.46	0.8	0.82	0.85	0.16	0.89	0.3	0.95	0.86	0.92	-0.98		0.93	-0.59	-0.98	0.9	0.82	0.8	-0.98	0.9
Property Plant And Equipment Net	0.88	0.92	0.65	0.86	0.45	0.82	0.47	0.72	0.9	0.94	0.35	0.79	0.17	0.94	0.91	0.98	-0.85	0.93		-0.76	-0.85	0.83	0.94	0.84	-0.84	0.83
Current Deferred Revenue	-0.95	-0.62	-0.17	-0.58	-0.75	-0.34	-0.11	-0.34	-0.56	-0.7	-0.6	-0.41	0.39	-0.58	-0.82	-0.77	0.47	-0.59	-0.76		0.46	-0.45	-0.85	-0.68	0.47	-0.45
Net Debt	-0.66	-0.78	-0.63	-0.93	-0.06	-0.82	-0.4	-0.78	-0.77	-0.75	-0.11	-0.88	-0.38	-0.9	-0.81	-0.84	1.0	-0.98	-0.85	0.46		-0.92	-0.7	-0.77	0.99	-0.92
Cash	0.65	0.82	0.64	0.83	0.22	0.86	0.13	0.58	0.79	0.66	0.35	0.79	0.32	0.9	0.8	0.85	-0.88	0.9	0.83	-0.45	-0.92		0.74	0.84	-0.88	1.0
Non Current Assets Total	0.92	0.85	0.57	0.76	0.63	0.71	0.32	0.57	0.84	0.86	0.51	0.66	0.03	0.84	0.92	0.97	-0.71	0.82	0.94	-0.85	-0.7	0.74		0.85	-0.7	0.74
Non Currrent Assets Other	0.85	0.77	0.71	0.8	0.59	0.79	0.16	0.47	0.81	0.67	0.61	0.61	0.26	0.79	0.94	0.88	-0.76	0.8	0.84	-0.68	-0.77	0.84	0.85		-0.76	0.84
Long Term Debt	-0.67	-0.76	-0.6	-0.94	-0.05	-0.79	-0.44	-0.8	-0.75	-0.75	-0.08	-0.87	-0.36	-0.89	-0.81	-0.83	1.0	-0.98	-0.84	0.47	0.99	-0.88	-0.7	-0.76		-0.88
Cash And Short Term Investments	0.65	0.82	0.64	0.83	0.22	0.86	0.13	0.58	0.79	0.66	0.35	0.79	0.32	0.9	0.8	0.85	-0.88	0.9	0.83	-0.45	-0.92	1.0	0.74	0.84	-0.88

Click cells to compare fundamentals

Azek Account Relationship Matchups

Azek fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	5.6M	4.5M	125.0M	129.1M	148.4M	155.9M
Total Current Liabilities	124.0M	170.4M	182.5M	195.2M	224.5M	143.1M
Other Liab	30.0M	125.5M	65.2M	71.0M	81.6M	64.0M
Net Tangible Assets	60.1M	233.2M	204.6M	235.9M	271.3M	284.8M
Retained Earnings	(283.5M)	(188.2M)	(113.0M)	(45.0M)	(40.5M)	(42.6M)
Accounts Payable	42.1M	69.5M	49.0M	56.0M	64.4M	48.6M
Other Assets	1.6M	70.5M	94.8M	841K	967.2K	918.8K
Net Receivables	70.9M	77.3M	90.2M	57.7M	66.3M	58.1M
Common Stock Shares Outstanding	120.8M	156.7M	154.5M	150.8M	173.5M	147.8M
Inventory	130.1M	188.9M	299.9M	221.1M	254.3M	161.1M
Other Current Assets	360K	1.4M	2.5M	12.3M	14.1M	14.9M
Other Stockholder Equity	1.6B	1.6B	1.6B	1.5B	1.7B	1.1B
Deferred Long Term Liab	900K	800K	46.4M	780K	897K	852.2K
Total Current Assets	424.7M	532.4M	530.6M	583.0M	670.4M	392.2M
Property Plant Equipment	261.8M	391.0M	517.9M	588.0M	676.2M	710.0M
Total Assets	1.9B	2.2B	2.4B	2.4B	2.7B	2.3B
Short Long Term Debt Total	473.9M	464.7M	590.9M	586.3M	527.6M	581.9M
Total Stockholder Equity	1.3B	1.4B	1.4B	1.4B	1.6B	1.2B
Property Plant And Equipment Net	261.8M	391.0M	517.9M	501.0M	576.2M	377.9M
Current Deferred Revenue	75.4M	92.5M	2.5M	4.2M	3.7M	3.5M
Net Debt	258.9M	214.2M	470.1M	308.0M	277.2M	441.6M
Cash	215.0M	250.5M	120.8M	278.3M	320.1M	193.0M
Non Current Assets Total	1.5B	1.7B	1.9B	1.8B	2.0B	1.8B
Non Currrent Assets Other	1.6M	70.5M	29.6M	87.8M	101.0M	106.0M
Long Term Debt	463.0M	464.7M	584.9M	580.3M	522.2M	573.9M
Cash And Short Term Investments	215.0M	250.5M	120.8M	278.3M	320.1M	193.0M
Liabilities And Stockholders Equity	1.9B	2.2B	2.4B	2.4B	2.7B	2.3B
Non Current Liabilities Total	503.9M	590.3M	756.2M	740.7M	666.6M	655.1M
Capital Lease Obligations	11.9M	4.0M	7.6M	7.0M	6.3M	6.8M
Total Liab	628.0M	760.7M	938.6M	935.9M	842.3M	778.0M
Net Invested Capital	1.8B	1.9B	2.0B	2.0B	2.3B	2.0B
Property Plant And Equipment Gross	261.8M	642.1M	830.8M	893.7M	1.0B	553.3M
Non Current Liabilities Other	8.8M	79.2M	106.1M	104.1M	119.7M	125.7M
Net Working Capital	300.7M	362.0M	348.1M	387.7M	445.9M	309.5M
Short Term Debt	9.0M	969K	4.0M	6M	5.4M	4.7M

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When determining whether Azek Company is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Azek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Azek Company Stock. Highlighted below are key reports to facilitate an investment decision about Azek Company Stock:

How To Invest In Azek

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Is Azek Stock a good investment?

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What is Azek's Net Worth?

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

Note that the Azek Company information on this page should be used as a complementary analysis to other Azek'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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Complementary Tools for Azek Stock analysis

When running Azek's price analysis, check to measure Azek'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 Azek is operating at the current time. Most of Azek's value examination focuses on studying past and present price action to predict the probability of Azek's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Azek's price. Additionally, you may evaluate how the addition of Azek to your portfolios can decrease your overall portfolio volatility.

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Is Azek'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 Azek. If investors know Azek 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 Azek 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

0.285

Earnings Share

0.79

Revenue Per Share

9.342

Quarterly Revenue Growth

0.112

Return On Assets

0.0465

The market value of Azek Company is measured differently than its book value, which is the value of Azek that is recorded on the company's balance sheet. Investors also form their own opinion of Azek's value that differs from its market value or its book value, called intrinsic value, which is Azek'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 Azek's market value can be influenced by many factors that don't directly affect Azek'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 Azek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azek'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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Azek Net Invested Capital vs Long Term Debt Analysis

Net Invested Capital vs Long Term Debt

Net Invested Capital vs Long Term Debt Correlation Analysis

Correlation Coefficient

Net Invested Capital

Long Term Debt

Azek fundamental ratios Correlations

Azek Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Azek fundamental ratios Accounts

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

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Complementary Tools for Azek Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total
Cash And Short Term Investments	+ 1.0	Cash
Long Term Debt	+ 0.99	Net Debt
Property Plant And Equipment Net	+ 0.98	Total Assets
Total Current Assets	+ 0.97	Total Current Liabilities

Long Term Debt	- 0.98	Total Stockholder Equity
Net Debt	- 0.98	Total Stockholder Equity
Total Stockholder Equity	- 0.98	Short Long Term Debt Total
Current Deferred Revenue	- 0.95	Other Current Liab
Long Term Debt	- 0.94	Net Tangible Assets
Short Long Term Debt Total	- 0.94	Net Tangible Assets