AZZ Net Cash Flow Business Acquisitions and Disposals vs Issuance Purchase of Equity Shares Analysis

AZZ Stock  USD 76.03  0.42  0.56%   
Trend analysis of AZZ Incorporated balance sheet accounts such as Short Long Term Debt Total of 135.6 M, Other Current Liabilities of 72.1 M or Total Current Liabilities of 294.6 M provides information on AZZ Incorporated's total assets, liabilities, and equity, which is the actual value of AZZ Incorporated to its prevalent stockholders. By breaking down trends over time using AZZ Incorporated balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AZZ Incorporated. 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.
For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.

About AZZ Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of AZZ Incorporated at a specified time, usually calculated after every quarter, six months, or one year. AZZ Incorporated Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of AZZ Incorporated and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which AZZ currently owns. An asset can also be divided into two categories, current and non-current.

AZZ Incorporated Balance Sheet Chart

AZZ Incorporated Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how AZZ Incorporated uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, AZZ Incorporated's Other Current Assets are fairly stable compared to the past year. Property Plant And Equipment Gross is likely to rise to about 269.1 M in 2024, whereas Net Debt is likely to drop slightly above 39.1 M in 2024.

Total Assets

Total assets refers to the total amount of AZZ Incorporated assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in AZZ Incorporated books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on AZZ Incorporated balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of AZZ Incorporated are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most indicators from AZZ Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AZZ Incorporated 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 AZZ Incorporated. 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.
For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.Selling General Administrative is likely to drop to about 9.7 M in 2024. Tax Provision is likely to drop to about 16.6 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit225.2M295.9M237.2M249.1M
Total Revenue902.7M1.3B1.1B1.1B

AZZ Incorporated fundamental ratios Correlations

0.840.810.560.890.990.820.67-0.270.99-0.270.860.410.870.730.560.850.90.990.840.09-0.090.860.960.780.81
0.840.40.150.510.881.00.19-0.30.89-0.30.480.021.00.60.180.860.970.80.48-0.270.030.980.770.921.0
0.810.40.890.890.740.360.84-0.040.74-0.040.90.640.450.540.690.510.530.820.90.56-0.210.450.810.370.36
0.560.150.890.670.490.090.70.150.490.150.710.620.170.30.660.220.280.590.750.83-0.10.230.680.150.1
0.890.510.890.670.840.490.92-0.270.83-0.270.970.60.560.680.720.650.620.910.910.25-0.170.540.860.470.47
0.990.880.740.490.840.870.6-0.30.99-0.30.790.350.910.730.480.870.930.980.780.03-0.070.90.950.830.86
0.821.00.360.090.490.870.17-0.350.87-0.350.46-0.020.990.610.160.870.960.780.44-0.320.040.980.750.921.0
0.670.190.840.70.920.60.17-0.170.58-0.170.920.780.240.640.690.310.330.70.890.34-0.010.240.660.10.15
-0.27-0.3-0.040.15-0.27-0.3-0.35-0.17-0.341.0-0.20.28-0.29-0.1-0.33-0.43-0.23-0.290.020.220.2-0.25-0.28-0.35-0.3
0.990.890.740.490.830.990.870.58-0.34-0.340.790.30.910.680.530.90.930.980.750.04-0.130.90.950.850.87
-0.27-0.3-0.040.15-0.27-0.3-0.35-0.171.0-0.34-0.20.28-0.29-0.1-0.33-0.43-0.23-0.290.020.220.2-0.25-0.28-0.35-0.3
0.860.480.90.710.970.790.460.92-0.20.79-0.20.610.530.710.720.570.60.860.960.26-0.090.50.830.40.44
0.410.020.640.620.60.35-0.020.780.280.30.280.610.060.580.35-0.080.170.430.740.340.380.120.41-0.18-0.01
0.871.00.450.170.560.910.990.24-0.290.91-0.290.530.060.640.220.880.980.830.52-0.260.010.980.790.920.99
0.730.60.540.30.680.730.610.64-0.10.68-0.10.710.580.640.20.450.730.690.77-0.210.410.640.640.370.6
0.560.180.690.660.720.480.160.69-0.330.53-0.330.720.350.220.20.440.280.630.580.49-0.310.230.660.30.15
0.850.860.510.220.650.870.870.31-0.430.9-0.430.57-0.080.880.450.440.870.850.47-0.1-0.410.850.790.960.86
0.90.970.530.280.620.930.960.33-0.230.93-0.230.60.170.980.730.280.870.860.61-0.170.040.980.830.880.97
0.990.80.820.590.910.980.780.7-0.290.98-0.290.860.430.830.690.630.850.860.820.14-0.140.820.960.770.77
0.840.480.90.750.910.780.440.890.020.750.020.960.740.520.770.580.470.610.820.270.090.510.80.340.44
0.09-0.270.560.830.250.03-0.320.340.220.040.220.260.34-0.26-0.210.49-0.1-0.170.140.27-0.28-0.170.28-0.14-0.31
-0.090.03-0.21-0.1-0.17-0.070.04-0.010.2-0.130.2-0.090.380.010.41-0.31-0.410.04-0.140.09-0.280.09-0.07-0.280.04
0.860.980.450.230.540.90.980.24-0.250.9-0.250.50.120.980.640.230.850.980.820.51-0.170.090.820.910.98
0.960.770.810.680.860.950.750.66-0.280.95-0.280.830.410.790.640.660.790.830.960.80.28-0.070.820.750.74
0.780.920.370.150.470.830.920.1-0.350.85-0.350.4-0.180.920.370.30.960.880.770.34-0.14-0.280.910.750.92
0.811.00.360.10.470.861.00.15-0.30.87-0.30.44-0.010.990.60.150.860.970.770.44-0.310.040.980.740.92
Click cells to compare fundamentals

AZZ Incorporated Account Relationship Matchups

AZZ Incorporated Investors Sentiment

The influence of AZZ Incorporated's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in AZZ. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to AZZ Incorporated's public news can be used to forecast risks associated with an investment in AZZ. The trend in average sentiment can be used to explain how an investor holding AZZ can time the market purely based on public headlines and social activities around AZZ Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
AZZ Incorporated's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for AZZ Incorporated's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average AZZ Incorporated's news discussions. The higher the estimated score, the more favorable is the investor's outlook on AZZ Incorporated.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AZZ Incorporated in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AZZ Incorporated's short interest history, or implied volatility extrapolated from AZZ Incorporated options trading.

Pair Trading with AZZ Incorporated

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AZZ Incorporated position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AZZ Incorporated will appreciate offsetting losses from the drop in the long position's value.

Moving against AZZ Stock

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The ability to find closely correlated positions to AZZ Incorporated could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AZZ Incorporated when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AZZ Incorporated - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AZZ Incorporated to buy it.
The correlation of AZZ Incorporated is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AZZ Incorporated moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AZZ Incorporated moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AZZ Incorporated can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether AZZ Incorporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of AZZ Incorporated'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 Azz Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Azz Incorporated Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AZZ Incorporated. 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.
For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.
Note that the AZZ Incorporated information on this page should be used as a complementary analysis to other AZZ Incorporated'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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is AZZ Incorporated'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 AZZ Incorporated. If investors know AZZ 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 AZZ Incorporated 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
0.02
Dividend Share
0.68
Earnings Share
3.02
Revenue Per Share
60.318
Quarterly Revenue Growth
0.022
The market value of AZZ Incorporated is measured differently than its book value, which is the value of AZZ that is recorded on the company's balance sheet. Investors also form their own opinion of AZZ Incorporated's value that differs from its market value or its book value, called intrinsic value, which is AZZ Incorporated'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 AZZ Incorporated's market value can be influenced by many factors that don't directly affect AZZ Incorporated'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 AZZ Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if AZZ Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AZZ Incorporated'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.