Azenta Debt Ratio from 2010 to 2024

AZTA Stock  USD 46.21  0.90  1.91%   
Azenta's Debt Ratio is decreasing over the years with slightly volatile fluctuation. Debt Ratio is expected to dwindle to 0.03. From 2010 to 2024 Azenta Debt Ratio quarterly data regression line had arithmetic mean of  0.08 and r-squared of  0.18. View All Fundamentals
 
Debt Ratio  
First Reported
2010-12-31
Previous Quarter
0.0322
Current Value
0.0306
Quarterly Volatility
0.08934336
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Azenta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Azenta's main balance sheet or income statement drivers, such as Depreciation And Amortization of 95.3 M, Total Revenue of 504.8 M or Gross Profit of 182.6 M, as well as many indicators such as Price To Sales Ratio of 2.03, Dividend Yield of 0.0026 or PTB Ratio of 2.35. Azenta financial statements analysis is a perfect complement when working with Azenta Valuation or Volatility modules.
  
Check out the analysis of Azenta Correlation against competitors.

Latest Azenta's Debt Ratio Growth Pattern

Below is the plot of the Debt Ratio of Azenta Inc over the last few years. It is Azenta's Debt Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Azenta's overall financial position and show how it may be relating to other accounts over time.
Debt Ratio10 Years Trend
Slightly volatile
   Debt Ratio   
       Timeline  

Azenta Debt Ratio Regression Statistics

Arithmetic Mean0.08
Geometric Mean0.04
Coefficient Of Variation108.29
Mean Deviation0.08
Median0.03
Standard Deviation0.09
Sample Variance0.01
Range0.2717
R-Value(0.42)
Mean Square Error0.01
R-Squared0.18
Significance0.12
Slope(0.01)
Total Sum of Squares0.11

Azenta Debt Ratio History

2024 0.0306
2023 0.0322
2021 0.028
2020 0.0273
2019 0.0323
2018 0.0337

Other Fundumenentals of Azenta Inc

Azenta Debt Ratio component correlations

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0.99-0.940.830.230.720.60.930.10.740.280.820.80.790.93-0.780.780.930.88-0.78-0.330.910.71-0.28
-0.92-0.94-0.79-0.17-0.67-0.5-0.890.03-0.72-0.19-0.79-0.78-0.75-0.850.73-0.66-0.86-0.80.730.29-0.83-0.680.11
0.810.83-0.79-0.090.460.350.67-0.010.7-0.240.660.610.820.87-0.710.810.920.78-0.71-0.670.860.82-0.57
0.280.23-0.17-0.090.730.490.210.150.360.72-0.030.320.260.08-0.22-0.010.120.06-0.23-0.060.070.15-0.05
0.760.72-0.670.460.730.780.690.120.740.520.430.730.690.61-0.680.480.670.53-0.68-0.290.580.65-0.11
0.680.6-0.50.350.490.780.580.510.750.460.230.740.690.43-0.780.610.480.31-0.78-0.050.350.58-0.03
0.920.93-0.890.670.210.690.580.090.530.310.910.790.580.9-0.630.590.850.91-0.63-0.040.890.540.03
0.160.10.03-0.010.150.120.510.090.180.18-0.120.060.180.02-0.330.350.04-0.09-0.320.15-0.070.280.04
0.780.74-0.720.70.360.740.750.530.180.220.260.730.970.56-0.930.80.680.4-0.93-0.530.50.8-0.46
0.310.28-0.19-0.240.720.520.460.310.180.220.060.270.110.04-0.170.070.010.06-0.160.280.02-0.070.14
0.770.82-0.790.66-0.030.430.230.91-0.120.260.060.590.350.89-0.380.410.790.96-0.38-0.010.910.350.01
0.820.8-0.780.610.320.730.740.790.060.730.270.590.730.72-0.750.640.740.65-0.75-0.180.690.62-0.09
0.830.79-0.750.820.260.690.690.580.180.970.110.350.730.67-0.910.880.780.5-0.91-0.620.610.87-0.54
0.90.93-0.850.870.080.610.430.90.020.560.040.890.720.67-0.650.730.980.97-0.65-0.360.990.7-0.3
-0.82-0.780.73-0.71-0.22-0.68-0.78-0.63-0.33-0.93-0.17-0.38-0.75-0.91-0.65-0.86-0.74-0.51.00.34-0.58-0.790.35
0.810.78-0.660.81-0.010.480.610.590.350.80.070.410.640.880.73-0.860.790.57-0.86-0.510.660.83-0.54
0.910.93-0.860.920.120.670.480.850.040.680.010.790.740.780.98-0.740.790.9-0.74-0.50.960.82-0.37
0.840.88-0.80.780.060.530.310.91-0.090.40.060.960.650.50.97-0.50.570.9-0.5-0.210.980.51-0.21
-0.82-0.780.73-0.71-0.23-0.68-0.78-0.63-0.32-0.93-0.16-0.38-0.75-0.91-0.651.0-0.86-0.74-0.50.35-0.58-0.80.35
-0.32-0.330.29-0.67-0.06-0.29-0.05-0.040.15-0.530.28-0.01-0.18-0.62-0.360.34-0.51-0.5-0.210.35-0.36-0.710.78
0.870.91-0.830.860.070.580.350.89-0.070.50.020.910.690.610.99-0.580.660.960.98-0.58-0.360.65-0.29
0.730.71-0.680.820.150.650.580.540.280.8-0.070.350.620.870.7-0.790.830.820.51-0.8-0.710.65-0.43
-0.29-0.280.11-0.57-0.05-0.11-0.030.030.04-0.460.140.01-0.09-0.54-0.30.35-0.54-0.37-0.210.350.78-0.29-0.43
Click cells to compare fundamentals

About Azenta Financial Statements

Azenta stakeholders use historical fundamental indicators, such as Azenta's Debt Ratio, to determine how well the company is positioned to perform in the future. Although Azenta investors may analyze each financial statement separately, they are all interrelated. For example, changes in Azenta's assets and liabilities are reflected in the revenues and expenses on Azenta's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Azenta Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Ratio 0.03  0.03 
Cash Flow To Debt Ratio 0.77  0.73 

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When determining whether Azenta Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Azenta'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 Azenta Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Azenta Inc Stock:
Check out the analysis of Azenta Correlation against competitors.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Life Sciences Tools & Services space 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 Azenta. If investors know Azenta 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 Azenta 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
87.778
Earnings Share
(3.09)
Revenue Per Share
12.343
Quarterly Revenue Growth
(0.01)
Return On Assets
(0.02)
The market value of Azenta Inc is measured differently than its book value, which is the value of Azenta that is recorded on the company's balance sheet. Investors also form their own opinion of Azenta's value that differs from its market value or its book value, called intrinsic value, which is Azenta'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 Azenta's market value can be influenced by many factors that don't directly affect Azenta'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 Azenta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azenta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azenta'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.