Balance Sheet AutoZone, Inc.

Equities

AZO

US0533321024

Auto Vehicles, Parts & Service Retailers

Market Closed - Nyse Other stock markets 01:30:02 07/09/2024 am IST			5-day change	1st Jan Change
3,092.56 ^USD	-1.55%		-2.79%	+19.61%

06/09	Lawmakers probe if US retailers bought Chinese auto parts that evaded tariffs	RE
26/08	Consumer Spending Softening But Resilient Among Value Categories, Truist Says	MT

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Published financial data: AUTOZONE, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: August	2019	2020	2021	2022	2023
Revenues	1.19TCr	1.26TCr	1.46TCr	1.63TCr	1.75TCr
Total Revenues	1.19TCr	1.26TCr	1.46TCr	1.63TCr	1.75TCr
Cost of Goods Sold, Total	549.87Cr	586.12Cr	691.18Cr	777.96Cr	838.68Cr
Gross Profit	636.5Cr	677.08Cr	771.78Cr	847.26Cr	907.04Cr
Selling General & Admin Expenses, Total	414.89Cr	426.92Cr	473.03Cr	520.19Cr	559.64Cr
Other Operating Expenses, Total	414.89Cr	426.92Cr	473.03Cr	520.19Cr	559.64Cr
Operating Income	221.61Cr	250.16Cr	298.75Cr	327.07Cr	347.4Cr
Interest Expense, Total	-19Cr	-21Cr	-20Cr	-20Cr	-32Cr
Interest And Investment Income	73.96L	56.89L	54.17L	60.48L	1.21Cr
Net Interest Expenses	-18Cr	-20Cr	-20Cr	-19Cr	-31Cr
EBT, Excl. Unusual Items	203.13Cr	230.04Cr	279.22Cr	307.91Cr	316.76Cr
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	-	-8.39Cr	-4.3Cr	-	-
EBT, Incl. Unusual Items	203.13Cr	221.65Cr	274.92Cr	307.91Cr	316.76Cr
Income Tax Expense	41Cr	48Cr	58Cr	65Cr	64Cr
Earnings From Continuing Operations	161.72Cr	173.3Cr	217.03Cr	242.96Cr	252.84Cr
Net Income to Company	161.72Cr	173.3Cr	217.03Cr	242.96Cr	252.84Cr
Net Income - (IS)	161.72Cr	173.3Cr	217.03Cr	242.96Cr	252.84Cr
Net Income to Common Incl Extra Items	161.72Cr	173.3Cr	217.03Cr	242.96Cr	252.84Cr
Net Income to Common Excl. Extra Items	161.72Cr	173.3Cr	217.03Cr	242.96Cr	252.84Cr
Per Share Items
Net EPS - Basic	64.78	73.62	97.6	120.83	136.6
Basic EPS - Continuing Operations	64.78	73.62	97.6	120.83	136.6
Basic Weighted Average Shares Outstanding	2.5Cr	2.35Cr	2.22Cr	2.01Cr	1.85Cr
Net EPS - Diluted	63.43	71.93	95.19	117.19	132.36
Diluted EPS - Continuing Operations	63.43	71.93	95.19	117.19	132.36
Diluted Weighted Average Shares Outstanding	2.55Cr	2.41Cr	2.28Cr	2.07Cr	1.91Cr
Normalized Basic EPS	50.85	61.08	78.48	95.71	106.96
Normalized Diluted EPS	49.79	59.68	76.54	92.82	103.64
American Depositary Receipts Ratio (ADR)	0.05	0.05	0.05	0.05	0.05
Supplemental Items
EBITDA	258.61Cr	289.9Cr	339.52Cr	371.3Cr	397.16Cr
EBITA	222.03Cr	250.58Cr	298.75Cr	327.07Cr	347.4Cr
EBIT	221.61Cr	250.16Cr	298.75Cr	327.07Cr	347.4Cr
EBITDAR	291.88Cr	325.43Cr	376.63Cr	411.4Cr	440.93Cr
Effective Tax Rate - (Ratio)	20.39	21.82	21.06	21.09	20.18
Current Domestic Taxes	32Cr	37Cr	52Cr	34Cr	51Cr
Current Foreign Taxes	5.91Cr	6.04Cr	9.54Cr	12Cr	15Cr
Total Current Taxes	38Cr	43Cr	61Cr	46Cr	66Cr
Deferred Domestic Taxes	3.27Cr	5.62Cr	-2.31Cr	20Cr	-15.81L
Deferred Foreign Taxes	23.8L	-51.73L	-1.14Cr	-97.19L	-2.41Cr
Total Deferred Taxes	3.51Cr	5.11Cr	-3.44Cr	19Cr	-2.57Cr
Normalized Net Income	126.96Cr	143.78Cr	174.51Cr	192.44Cr	197.98Cr
Interest Capitalized	14.71L	11.67L	15.72L	11.97L	16.95L
Interest on Long-Term Debt	-	43.55L	29.57L	43.51L	1.46Cr
Non-Cash Pension Expense	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	8.75Cr	7.76Cr	8.59Cr	9.71Cr	9.95Cr
Net Rental Expense, Total	33Cr	36Cr	37Cr	40Cr	44Cr
Imputed Operating Lease Interest Expense	9.78Cr	8.54Cr	7.12Cr	7.12Cr	11Cr
Imputed Operating Lease Depreciation	23Cr	27Cr	30Cr	33Cr	33Cr
Stock-Based Comp., SG&A Exp. (Total)	4.33Cr	4.48Cr	5.61Cr	7.06Cr	9.31Cr
Total Stock-Based Compensation	4.33Cr	4.48Cr	5.61Cr	7.06Cr	9.31Cr

Fiscal Period: August	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	18Cr	175.08Cr	117.13Cr	26Cr	28Cr
Short Term Investments	6.8Cr	7.61Cr	4.6Cr	4.98Cr	3.96Cr
Total Cash And Short Term Investments	24Cr	182.69Cr	121.73Cr	31Cr	32Cr
Accounts Receivable, Total	31Cr	36Cr	38Cr	50Cr	52Cr
Total Receivables	31Cr	36Cr	38Cr	50Cr	52Cr
Inventory	431.91Cr	447.33Cr	463.98Cr	563.8Cr	576.41Cr
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	16Cr	15Cr	18Cr	17Cr	18Cr
Total Current Assets	502.87Cr	681.19Cr	641.53Cr	662.8Cr	677.94Cr
Gross Property Plant And Equipment	771.32Cr	1.07TCr	1.15TCr	1.24TCr	1.33TCr
Accumulated Depreciation	-331.44Cr	-362.73Cr	-395.03Cr	-428.28Cr	-474.13Cr
Net Property Plant And Equipment	439.88Cr	709.09Cr	757.56Cr	808.92Cr	859.46Cr
Long-term Investments	7.1Cr	7.11Cr	6.79Cr	6.28Cr	8.19Cr
Goodwill	30Cr	30Cr	30Cr	30Cr	30Cr
Other Intangibles, Total	56.16L	14.43L	-	-	-
Deferred Tax Assets Long-Term	2.69Cr	2.78Cr	4.1Cr	5.2Cr	8.6Cr
Other Long-Term Assets, Total	6.24Cr	12Cr	11Cr	14Cr	14Cr
Total Assets	989.59Cr	1.44TCr	1.45TCr	1.53TCr	1.6TCr
Liabilities
Accounts Payable, Total	486.49Cr	515.63Cr	601.39Cr	730.13Cr	720.13Cr
Accrued Expenses, Total	43Cr	62Cr	78Cr	73Cr	69Cr
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	5.62Cr	29Cr	33Cr	34Cr	34Cr
Current Income Taxes Payable	2.53Cr	7.53Cr	7.95Cr	3.49Cr	5.25Cr
Unearned Revenue Current, Total	3.87Cr	4.39Cr	5.04Cr	5.22Cr	5.93Cr
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	9.69Cr	9.78Cr	12Cr	13Cr	16Cr
Total Current Liabilities	551.21Cr	628.31Cr	736.98Cr	858.84Cr	851.19Cr
Long-Term Debt	520.63Cr	551.34Cr	526.98Cr	612.21Cr	766.85Cr
Long-Term Leases	12Cr	265.74Cr	281.9Cr	305.54Cr	311.77Cr
Deferred Tax Liability Non Current	31Cr	35Cr	34Cr	53Cr	54Cr
Other Non Current Liabilities	46Cr	49Cr	52Cr	51Cr	50Cr
Total Liabilities	1.16TCr	1.53TCr	1.63TCr	1.88TCr	2.03TCr
Common Stock, Total	3L	2L	2L	2L	2L
Additional Paid In Capital	126.44Cr	128.35Cr	146.57Cr	135.43Cr	148.5Cr
Retained Earnings	-130.53Cr	-145.1Cr	-42Cr	-133.01Cr	-295.93Cr
Treasury Stock	-140.39Cr	-36Cr	-253.56Cr	-326.28Cr	-268.5Cr
Comprehensive Income and Other	-27Cr	-35Cr	-31Cr	-30Cr	-19Cr
Total Common Equity	-171.39Cr	-88Cr	-179.75Cr	-353.89Cr	-434.99Cr
Total Equity	-171.39Cr	-88Cr	-179.75Cr	-353.89Cr	-434.99Cr
Total Liabilities And Equity	989.59Cr	1.44TCr	1.45TCr	1.53TCr	1.6TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.38Cr	2.32Cr	2.1Cr	1.9Cr	1.77Cr
ECS Total Common Shares Outstanding	2.4Cr	2.34Cr	2.11Cr	1.91Cr	1.79Cr
Book Value / Share	-71.3	-37.56	-85.04	-185.03	-243.6
Tangible Book Value	-202.21Cr	-118.21Cr	-210.02Cr	-384.16Cr	-465.25Cr
Tangible Book Value Per Share	-84.12	-50.57	-99.36	-200.86	-260.54
Total Debt	538.62Cr	846.21Cr	841.53Cr	951.38Cr	1.11TCr
Net Debt	507.1Cr	656.41Cr	713Cr	913.69Cr	1.07TCr
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	-	-
Debt Equivalent Oper. Leases	266.18Cr	284.18Cr	296.89Cr	320.8Cr	350.21Cr
Account Code - Inventory Valuation	4	4	4	4	4
LIFO Reserve, Total	40Cr	36Cr	34Cr	1.5Cr	5.9Cr
Inventories - Finished Goods, Total	431.91Cr	447.33Cr	463.98Cr	563.8Cr	576.41Cr
Land - (BS)	114.77Cr	120.52Cr	126.15Cr	130Cr	136.74Cr
Buildings, Total	389.56Cr	402.03Cr	427.76Cr	448.67Cr	486.02Cr
Machinery, Total	199.1Cr	215.83Cr	240.7Cr	265.08Cr	297.29Cr
Full Time Employees	55.68T	60T	65.1T	69.44T	71.4T
Part Time Employees	40.32T	40T	39.9T	42.56T	47.6T
Accumulated Allowance for Doubtful Accounts (Supple)	85L	1Cr	1.14Cr	95L	77L

Fiscal Period: August	2019	2020	2021	2022	2023
Net Income	161.72Cr	173.3Cr	217.03Cr	242.96Cr	252.84Cr
Depreciation & Amortization - CF	37Cr	39Cr	41Cr	44Cr	50Cr
Amortization of Goodwill and Intangible Assets - (CF)	42L	42L	-	-	-
Depreciation & Amortization, Total	37Cr	40Cr	41Cr	44Cr	50Cr
Amortization of Deferred Charges, Total - (CF)	81.62L	1.07Cr	1.29Cr	1.13Cr	92.64L
Asset Writedown & Restructuring Costs	-	-	-	-	-
Stock-Based Compensation (CF)	4.33Cr	4.48Cr	5.61Cr	7.06Cr	9.31Cr
Tax Benefit from Stock Options	-	-	-	-	-
Other Operating Activities, Total	2.83Cr	5.11Cr	-3.44Cr	19Cr	1.83Cr
Change In Accounts Receivable	-4.85Cr	-5.86Cr	-1.1Cr	-13Cr	-66.74L
Change In Inventories	-39Cr	-18Cr	-14Cr	-99Cr	-8.92Cr
Change In Accounts Payable	46Cr	53Cr	102.99Cr	122.47Cr	-18Cr
Change In Income Taxes	-1.05Cr	9.02Cr	2.95Cr	-1.05Cr	9.28Cr
Change in Other Net Operating Assets	5.06Cr	10Cr	-38.15L	-2.59Cr	-1.92Cr
Cash from Operations	212.85Cr	272.01Cr	351.85Cr	321.11Cr	294.08Cr
Capital Expenditure	-50Cr	-46Cr	-62Cr	-67Cr	-80Cr
Sale of Property, Plant, and Equipment	66.02L	1.18Cr	3Cr	5.8Cr	2.7Cr
Cash Acquisitions	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-23.98L	-5.19Cr	-99.95L	-3.37Cr	-11Cr
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-49Cr	-50Cr	-60Cr	-65Cr	-88Cr
Short Term Debt Issued, Total	-	-	-	60Cr	61Cr
Long-Term Debt Issued, Total	75Cr	185Cr	-	75Cr	175Cr
Total Debt Issued	75Cr	185Cr	-	135.34Cr	235.62Cr
Short Term Debt Repaid, Total	-30Cr	-103Cr	-	-	-
Long-Term Debt Repaid, Total	-30Cr	-55Cr	-31Cr	-57Cr	-88Cr
Total Debt Repaid	-60Cr	-158.22Cr	-31Cr	-57Cr	-88Cr
Issuance of Common Stock	19Cr	6.84Cr	19Cr	11Cr	18Cr
Repurchase of Common Stock	-200.49Cr	-93Cr	-337.83Cr	-436Cr	-369.96Cr
Other Financing Activities, Total	-94.04L	-4.9Cr	-	-1.07Cr	-1.82Cr
Cash from Financing	-167.41Cr	-64Cr	-350.04Cr	-347.05Cr	-206.01Cr
Foreign Exchange Rate Adjustments	-41.03L	-40.82L	41.72L	5L	81.46L
Net Change in Cash	-4.15Cr	157.45Cr	-58Cr	-91Cr	1.27Cr
Supplemental Items
Cash Interest Paid	15Cr	16Cr	19Cr	18Cr	26Cr
Cash Income Tax Paid (Refund)	38Cr	34Cr	57Cr	46Cr	57Cr
Levered Free Cash Flow	124.4Cr	176.48Cr	243.51Cr	186.54Cr	154.22Cr
Unlevered Free Cash Flow	135.59Cr	188.34Cr	254.77Cr	197.76Cr	173.19Cr
Change In Net Working Capital	-5.37Cr	-34Cr	-84Cr	-9.3Cr	23Cr
Net Debt Issued / Repaid	15Cr	27Cr	-31Cr	79Cr	147.51Cr

Fiscal Period: August	2019	2020	2021	2022	2023
Profitability
Return on Assets	14.4	12.86	12.9	13.72	13.89
Return on Total Capital	37.88	27.78	26.3	32.47	34.04
Return On Equity %	-100.01	-133.73	-162.24	-91.06	-64.1
Return on Common Equity	-100.01	-133.73	-162.24	-91.06	-64.1
Margin Analysis
Gross Profit Margin %	53.65	53.6	52.75	52.13	51.96
SG&A Margin	34.97	33.8	32.33	32.01	32.06
EBITDA Margin %	21.8	22.95	23.21	22.85	22.75
EBITA Margin %	18.72	19.84	20.42	20.12	19.9
EBIT Margin %	18.68	19.8	20.42	20.12	19.9
Income From Continuing Operations Margin %	13.63	13.72	14.84	14.95	14.48
Net Income Margin %	13.63	13.72	14.84	14.95	14.48
Net Avail. For Common Margin %	13.63	13.72	14.84	14.95	14.48
Normalized Net Income Margin	10.7	11.38	11.93	11.84	11.34
Levered Free Cash Flow Margin	10.49	13.97	16.64	11.48	8.83
Unlevered Free Cash Flow Margin	11.43	14.91	17.41	12.17	9.92
Asset Turnover
Asset Turnover	1.23	1.04	1.01	1.09	1.12
Fixed Assets Turnover	2.75	2.2	1.99	2.07	2.09
Receivables Turnover (Average Receivables)	41.84	37.5	39.37	36.8	34.05
Inventory Turnover (Average Inventory)	1.33	1.33	1.52	1.51	1.47
Short Term Liquidity
Current Ratio	0.91	1.08	0.87	0.77	0.8
Quick Ratio	0.1	0.35	0.22	0.1	0.1
Operating Cash Flow to Current Liabilities	0.39	0.43	0.48	0.37	0.35
Days Sales Outstanding (Average Receivables)	8.87	9.71	9.25	9.89	10.69
Days Outstanding Inventory (Average Inventory)	278.74	273.02	239.96	240.44	247.44
Average Days Payable Outstanding	292.87	303.2	287.21	276.08	310.06
Cash Conversion Cycle (Average Days)	-5.26	-20.48	-38	-25.74	-51.93
Long Term Solvency
Total Debt/Equity	-314.28	-963.82	-468.16	-268.83	-255.88
Total Debt / Total Capital	146.67	111.58	127.16	159.23	164.15
LT Debt/Equity	-311	-930.64	-449.99	-259.33	-247.97
Long-Term Debt / Total Capital	145.14	107.73	122.23	153.6	159.08
Total Liabilities / Total Assets	117.32	106.09	112.38	123.17	127.21
EBIT / Interest Expense	11.53	12.09	14.88	16.55