Azek Historical Balance Sheet

AZEK Stock  USD 53.34  2.36  4.63%   
Trend analysis of Azek Company balance sheet accounts such as Total Current Liabilities of 153.8 M, Other Liabilities of 64 M or Net Tangible Assets of 284.8 M provides information on Azek's total assets, liabilities, and equity, which is the actual value of Azek Company to its prevalent stockholders. By breaking down trends over time using Azek 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.
 
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Financial Statement Analysis is much more than just reviewing and examining Azek Company latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Azek Company is a good buy for the upcoming year.

Azek Inventory

170.53 Million

  
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 closely tied with the direction of predictive economic indicators such as signals in income.

About Azek Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Azek Company at a specified time, usually calculated after every quarter, six months, or one year. Azek Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Azek 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 Azek currently owns. An asset can also be divided into two categories, current and non-current.

Azek Balance Sheet Chart

At this time, Azek's Common Stock Shares Outstanding is quite stable compared to the past year. Other Current Assets is expected to rise to about 35.4 M this year, although the value of Accounts Payable will most likely fall to about 50.3 M.

Total Current Liabilities

Total Current Liabilities is an item on Azek balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Azek Company 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.

Accounts Payable

An accounting item on the balance sheet that represents Azek obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Azek Company are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Property Plant And Equipment Net

The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.
Most accounts from Azek's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 closely tied with the direction of predictive economic indicators such as signals in income.
At this time, Azek's Common Stock Shares Outstanding is quite stable compared to the past year. Other Current Assets is expected to rise to about 35.4 M this year, although the value of Accounts Payable will most likely fall to about 50.3 M.
 2021 2022 2023 2024 (projected)
Total Current Liabilities182.5M195.2M217.0M153.8M
Other Current Liabilities119.8M129.1M152.1M159.7M

Azek balance sheet Correlations

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Click cells to compare fundamentals

Azek Account Relationship Matchups

Azek balance sheet Accounts

201920202021202220232024 (projected)
Other Current Liab81.0M4.5M119.8M129.1M152.1M159.7M
Total Current Liabilities124.0M170.4M182.5M195.2M217.0M153.8M
Other Liab30.0M125.5M65.2M71.0M81.6M64.0M
Net Tangible Assets60.1M233.2M204.6M235.9M271.3M284.8M
Retained Earnings(283.5M)(188.2M)(113.0M)(45.0M)89.0M93.5M
Accounts Payable42.1M69.5M49.0M56.0M57.9M50.3M
Other Assets1.6M70.5M94.8M841K76.1M79.9M
Net Receivables70.9M77.3M90.2M57.7M49.9M57.8M
Common Stock Shares Outstanding120.8M156.7M154.5M150.8M147.5M149.4M
Inventory130.1M188.9M299.9M221.1M223.7M170.5M
Other Current Assets8.7M1.4M26.4M12.3M33.7M35.4M
Other Stockholder Equity1.6B1.6B1.6B1.5B1.3B1.1B
Deferred Long Term Liab900K800K46.4M780K897K852.2K
Total Current Assets424.7M532.4M530.6M583.0M471.4M406.2M
Property Plant Equipment261.8M391.0M517.9M588.0M676.2M710.0M
Total Assets1.9B2.2B2.4B2.4B2.2B2.3B
Short Long Term Debt Total473.9M468.7M590.9M586.3M3.3M3.1M
Total Stockholder Equity1.3B1.4B1.4B1.4B1.4B1.3B
Property Plant And Equipment Net261.8M391.0M517.9M501.0M462.2M396.5M
Current Deferred Revenue75.4M92.5M2.5M4.2M75.9M44.8M
Net Debt258.9M214.2M470.1M308.0M(160.7M)(152.7M)
Cash215.0M250.5M120.8M278.3M164.0M191.2M
Non Current Assets Total1.5B1.7B1.9B1.8B1.7B1.8B
Non Currrent Assets Other1.6M70.5M29.6M87.8M111.8M117.4M
Long Term Debt463.0M464.7M584.9M580.3M522.2M573.9M
Cash And Short Term Investments215.0M250.5M120.8M278.3M164.0M191.2M
Liabilities And Stockholders Equity1.9B2.2B2.4B2.4B2.2B2.3B
Non Current Liabilities Total503.9M590.3M756.2M740.7M593.8M629.4M
Capital Lease Obligations11.9M4.0M7.6M7.0M6.3M6.8M
Total Liab628.0M760.7M938.6M935.9M810.8M759.5M
Net Invested Capital1.8B1.9B2.0B2.0B2.3B2.0B
Property Plant And Equipment Gross261.8M642.1M830.8M893.7M1.0B553.3M
Non Current Liabilities Other8.8M79.2M106.1M104.1M119.7M125.7M
Net Working Capital300.7M362.0M348.1M387.7M445.9M309.5M
Short Term Debt969K4.0M13.6M6M3.3M5.2M

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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:
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 closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Building Products 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 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
0.478
Earnings Share
1.04
Revenue Per Share
10.094
Quarterly Revenue Growth
0.121
Return On Assets
0.0603
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.