GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » AutoZone Inc (NYSE:AZO) » Definitions » Liabilities-to-Assets

AZO (AutoZone) Liabilities-to-Assets : 1.25 (As of Feb. 2025)


View and export this data going back to 1991. Start your Free Trial

What is AutoZone Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. AutoZone's Total Liabilities for the quarter that ended in Feb. 2025 was $22,574 Mil. AutoZone's Total Assets for the quarter that ended in Feb. 2025 was $18,116 Mil. Therefore, AutoZone's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2025 was 1.25.


AutoZone Liabilities-to-Assets Historical Data

The historical data trend for AutoZone's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AutoZone Liabilities-to-Assets Chart

AutoZone Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.12 1.23 1.27 1.28

AutoZone Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.29 1.28 1.28 1.27 1.25

Competitive Comparison of AutoZone's Liabilities-to-Assets

For the Auto Parts subindustry, AutoZone's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AutoZone's Liabilities-to-Assets Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AutoZone's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where AutoZone's Liabilities-to-Assets falls into.


;
;

AutoZone Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

AutoZone's Liabilities-to-Assets Ratio for the fiscal year that ended in Aug. 2024 is calculated as:

Liabilities-to-Assets (A: Aug. 2024 )=Total Liabilities/Total Assets
=21926.152/17176.538
=1.28

AutoZone's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2025 is calculated as

Liabilities-to-Assets (Q: Feb. 2025 )=Total Liabilities/Total Assets
=22574.052/18116.279
=1.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AutoZone  (NYSE:AZO) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


AutoZone Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of AutoZone's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


AutoZone Business Description

Address
123 South Front Street, Memphis, TN, USA, 38103
AutoZone operates as a leading retailer of aftermarket automotive parts in the United States. The firm operates more than 6,400 stores domestically, serving both the do-it-yourself and commercial (do-it-for-me) end markets. Through its vast store footprint and distribution network, AutoZone manages a wide array of stock-keeping units applicable to numerous vehicle makes and models, providing its consumers with ample product availability. The firm drives traffic by providing superior and convenient customer service as AutoZone's team of knowledgeable staff assists consumers with diagnosing a vehicle's problem, selecting the necessary part for replacement, and occasionally, installation. The company also operates internationally, with 800 stores in Mexico and more than 100 in Brazil.
Executives
Eric S. Gould officer: Sr. Vice President 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Philip B. Daniele officer: Sr. Vice President 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Richard Craig Smith officer: Sr. Vice President 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
K. Michelle Borninkhof officer: Senior Vice President & CIO 123 FRONT STREET, MEMPHIS TN 38103
Dennis W. Leriche officer: Sr. Vice President 123 FRONT STREET, MEMPHIS TN 38103
Rhodes William C Iii officer: Senior Vice President 123 SOUTH FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
John Scott Murphy officer: Vice President, Controller 123 FRONT STREET, MEMPHIS TN 38103
Jenna M. Bedsole officer: Sr. Vice President 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Grant E. Mcgee officer: Sr. Vice President 123 FRONT STREET, MEMPHIS TN 38103
Domingo Hurtado officer: Sr. Vice President 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Mrkonic George R Jr director C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Thomas B Newbern officer: Sr. Vice President 123 SOUTH FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Charles Iii Pleas officer: Vice President and Controller 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Lindsay Lehman officer: SVP, Marketing 123 SOUTH FRONT STREET, MEMPHIS TN 38103
Preston Frazer officer: Senior Vice President 123 SOUTH FRONT ST, MEMPHIS TN 38103