Azek Cash Ratio vs Free Cash Flow Analysis

AZEK Stock

USD 53.34 2.36 4.63%

Azek financial indicator trend analysis is way more than just evaluating Azek Company prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Azek Company is a good investment. Please check the relationship between Azek Cash Ratio and its Free Cash Flow accounts. 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.

Cash Ratio vs Free Cash Flow

Cash Ratio vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azek Company Cash Ratio account and Free Cash Flow. At this time, the significance of the direction appears to have very week relationship.

The correlation between Azek's Cash Ratio and Free Cash Flow is 0.21. Overlapping area represents the amount of variation of Cash Ratio that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Azek Company, assuming nothing else is changed. The correlation between historical values of Azek's Cash Ratio and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash Ratio of Azek Company are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Cash Ratio i.e., Azek's Cash Ratio and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.21

Relationship Direction	Positive
Relationship Strength	Very Weak

View All Relationships

Cash Ratio

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Azek's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 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 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 Tax Provision is quite stable compared to the past year. Sales General And Administrative To Revenue is expected to rise to 0.25 this year, although the value of Selling General Administrative will most likely fall to about 270.3 M.

	2021	2022	2023	2024 (projected)
Gross Profit	409.3M	437.7M	541.8M	371.1M
Total Revenue	1.4B	1.4B	1.4B	1.1B

Gross Profit Total Revenue

Azek fundamental ratios Correlations

	Other Current Liab	Total Current Liabilities	Other Liab	Net Tangible Assets	Retained Earnings	Accounts Payable	Other Assets	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Other Stockholder Equity	Deferred Long Term Liab	Total Current Assets	Property Plant Equipment	Total Assets	Short Long Term Debt Total	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Cash	Non Current Assets Total	Non Currrent Assets Other	Long Term Debt	Cash And Short Term Investments
Other Current Liab		0.76	0.28	0.81	0.65	0.54	0.65	0.47	0.66	0.75	0.89	0.6	-0.2	0.73	0.93	0.85	-0.88	0.81	0.85	-0.52	-0.87	0.62	0.83	0.81	-0.79	0.62
Total Current Liabilities	0.76		0.67	0.69	0.43	0.89	0.67	0.68	0.85	0.9	0.67	0.79	0.19	0.91	0.88	0.84	-0.77	0.82	0.9	-0.32	-0.79	0.68	0.76	0.79	-0.77	0.68
Other Liab	0.28	0.67		0.57	0.27	0.86	0.67	0.49	0.7	0.6	0.22	0.57	0.8	0.67	0.57	0.64	-0.55	0.63	0.65	0.04	-0.58	0.61	0.55	0.68	-0.6	0.61
Net Tangible Assets	0.81	0.69	0.57		0.44	0.7	0.73	0.55	0.76	0.7	0.6	0.65	0.32	0.8	0.82	0.89	-0.89	0.94	0.88	-0.31	-0.91	0.82	0.79	0.79	-0.94	0.82
Retained Earnings	0.65	0.43	0.27	0.44		0.24	0.52	-0.17	0.39	0.33	0.76	-0.05	-0.21	0.2	0.7	0.49	-0.56	0.29	0.49	-0.3	-0.51	0.15	0.61	0.77	-0.25	0.15
Accounts Payable	0.54	0.89	0.86	0.7	0.24		0.66	0.72	0.89	0.75	0.43	0.79	0.58	0.89	0.76	0.77	-0.74	0.81	0.79	-0.05	-0.78	0.8	0.63	0.76	-0.8	0.8
Other Assets	0.65	0.67	0.67	0.73	0.52	0.66		0.61	0.74	0.77	0.75	0.54	0.34	0.63	0.77	0.77	-0.78	0.72	0.77	-0.2	-0.74	0.38	0.79	0.7	-0.7	0.38
Net Receivables	0.47	0.68	0.49	0.55	-0.17	0.72	0.61		0.67	0.8	0.37	0.91	0.34	0.83	0.54	0.69	-0.54	0.75	0.68	-0.29	-0.57	0.57	0.58	0.34	-0.73	0.57
Common Stock Shares Outstanding	0.66	0.85	0.7	0.76	0.39	0.89	0.74	0.67		0.8	0.59	0.63	0.37	0.83	0.81	0.86	-0.72	0.79	0.87	-0.29	-0.74	0.7	0.78	0.75	-0.75	0.7
Inventory	0.75	0.9	0.6	0.7	0.33	0.75	0.77	0.8	0.8		0.66	0.81	0.14	0.9	0.82	0.9	-0.68	0.84	0.93	-0.57	-0.69	0.56	0.87	0.64	-0.76	0.56
Other Current Assets	0.89	0.67	0.22	0.6	0.76	0.43	0.75	0.37	0.59	0.66		0.38	-0.29	0.51	0.86	0.68	-0.79	0.58	0.69	-0.37	-0.73	0.28	0.75	0.73	-0.56	0.28
Other Stockholder Equity	0.6	0.79	0.57	0.65	-0.05	0.79	0.54	0.91	0.63	0.81	0.38		0.33	0.93	0.66	0.75	-0.69	0.86	0.75	-0.26	-0.73	0.76	0.6	0.52	-0.86	0.76
Deferred Long Term Liab	-0.2	0.19	0.8	0.32	-0.21	0.58	0.34	0.34	0.37	0.14	-0.29	0.33		0.33	0.07	0.23	-0.2	0.33	0.2	0.39	-0.25	0.44	0.09	0.23	-0.36	0.44
Total Current Assets	0.73	0.91	0.67	0.8	0.2	0.89	0.63	0.83	0.83	0.9	0.51	0.93	0.33		0.82	0.91	-0.77	0.94	0.92	-0.4	-0.81	0.85	0.78	0.71	-0.9	0.85
Property Plant Equipment	0.93	0.88	0.57	0.82	0.7	0.76	0.77	0.54	0.81	0.82	0.86	0.66	0.07	0.82		0.92	-0.91	0.84	0.91	-0.43	-0.91	0.69	0.9	0.94	-0.81	0.69
Total Assets	0.85	0.84	0.64	0.89	0.49	0.77	0.77	0.69	0.86	0.9	0.68	0.75	0.23	0.91	0.92		-0.82	0.93	0.98	-0.58	-0.84	0.76	0.96	0.82	-0.87	0.76
Short Long Term Debt Total	-0.88	-0.77	-0.55	-0.89	-0.56	-0.74	-0.78	-0.54	-0.72	-0.68	-0.79	-0.69	-0.2	-0.77	-0.91	-0.82		-0.89	-0.82	0.14	0.99	-0.74	-0.74	-0.89	0.91	-0.74
Total Stockholder Equity	0.81	0.82	0.63	0.94	0.29	0.81	0.72	0.75	0.79	0.84	0.58	0.86	0.33	0.94	0.84	0.93	-0.89		0.93	-0.35	-0.92	0.86	0.8	0.76	-0.99	0.86
Property Plant And Equipment Net	0.85	0.9	0.65	0.88	0.49	0.79	0.77	0.68	0.87	0.93	0.69	0.75	0.2	0.92	0.91	0.98	-0.82	0.93		-0.54	-0.84	0.74	0.93	0.81	-0.86	0.74
Current Deferred Revenue	-0.52	-0.32	0.04	-0.31	-0.3	-0.05	-0.2	-0.29	-0.29	-0.57	-0.37	-0.26	0.39	-0.4	-0.43	-0.58	0.14	-0.35	-0.54		0.15	-0.18	-0.69	-0.23	0.21	-0.18
Net Debt	-0.87	-0.79	-0.58	-0.91	-0.51	-0.78	-0.74	-0.57	-0.74	-0.69	-0.73	-0.73	-0.25	-0.81	-0.91	-0.84	0.99	-0.92	-0.84	0.15		-0.81	-0.74	-0.89	0.94	-0.81
Cash	0.62	0.68	0.61	0.82	0.15	0.8	0.38	0.57	0.7	0.56	0.28	0.76	0.44	0.85	0.69	0.76	-0.74	0.86	0.74	-0.18	-0.81		0.57	0.71	-0.88	1.0
Non Current Assets Total	0.83	0.76	0.55	0.79	0.61	0.63	0.79	0.58	0.78	0.87	0.75	0.6	0.09	0.78	0.9	0.96	-0.74	0.8	0.93	-0.69	-0.74	0.57		0.79	-0.72	0.57
Non Currrent Assets Other	0.81	0.79	0.68	0.79	0.77	0.76	0.7	0.34	0.75	0.64	0.73	0.52	0.23	0.71	0.94	0.82	-0.89	0.76	0.81	-0.23	-0.89	0.71	0.79		-0.74	0.71
Long Term Debt	-0.79	-0.77	-0.6	-0.94	-0.25	-0.8	-0.7	-0.73	-0.75	-0.76	-0.56	-0.86	-0.36	-0.9	-0.81	-0.87	0.91	-0.99	-0.86	0.21	0.94	-0.88	-0.72	-0.74		-0.88
Cash And Short Term Investments	0.62	0.68	0.61	0.82	0.15	0.8	0.38	0.57	0.7	0.56	0.28	0.76	0.44	0.85	0.69	0.76	-0.74	0.86	0.74	-0.18	-0.81	1.0	0.57	0.71	-0.88

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Azek Account Relationship Matchups

Azek fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Other Current Liab	81.0M	4.5M	119.8M	129.1M	152.1M	159.7M
Total Current Liabilities	124.0M	170.4M	182.5M	195.2M	217.0M	153.8M
Other Liab	30.0M	125.5M	65.2M	71.0M	81.6M	64.0M
Net Tangible Assets	60.1M	233.2M	204.6M	235.9M	271.3M	284.8M
Retained Earnings	(283.5M)	(188.2M)	(113.0M)	(45.0M)	89.0M	93.5M
Accounts Payable	42.1M	69.5M	49.0M	56.0M	57.9M	50.3M
Other Assets	1.6M	70.5M	94.8M	841K	76.1M	79.9M
Net Receivables	70.9M	77.3M	90.2M	57.7M	49.9M	57.8M
Common Stock Shares Outstanding	120.8M	156.7M	154.5M	150.8M	147.5M	149.4M
Inventory	130.1M	188.9M	299.9M	221.1M	223.7M	170.5M
Other Current Assets	8.7M	1.4M	26.4M	12.3M	33.7M	35.4M
Other Stockholder Equity	1.6B	1.6B	1.6B	1.5B	1.3B	1.1B
Deferred Long Term Liab	900K	800K	46.4M	780K	897K	852.2K
Total Current Assets	424.7M	532.4M	530.6M	583.0M	471.4M	406.2M
Property Plant Equipment	261.8M	391.0M	517.9M	588.0M	676.2M	710.0M
Total Assets	1.9B	2.2B	2.4B	2.4B	2.2B	2.3B
Short Long Term Debt Total	473.9M	468.7M	590.9M	586.3M	3.3M	3.1M
Total Stockholder Equity	1.3B	1.4B	1.4B	1.4B	1.4B	1.3B
Property Plant And Equipment Net	261.8M	391.0M	517.9M	501.0M	462.2M	396.5M
Current Deferred Revenue	75.4M	92.5M	2.5M	4.2M	75.9M	44.8M
Net Debt	258.9M	214.2M	470.1M	308.0M	(160.7M)	(152.7M)
Cash	215.0M	250.5M	120.8M	278.3M	164.0M	191.2M
Non Current Assets Total	1.5B	1.7B	1.9B	1.8B	1.7B	1.8B
Non Currrent Assets Other	1.6M	70.5M	29.6M	87.8M	111.8M	117.4M
Long Term Debt	463.0M	464.7M	584.9M	580.3M	522.2M	573.9M
Cash And Short Term Investments	215.0M	250.5M	120.8M	278.3M	164.0M	191.2M
Liabilities And Stockholders Equity	1.9B	2.2B	2.4B	2.4B	2.2B	2.3B
Non Current Liabilities Total	503.9M	590.3M	756.2M	740.7M	593.8M	629.4M
Capital Lease Obligations	11.9M	4.0M	7.6M	7.0M	6.3M	6.8M
Total Liab	628.0M	760.7M	938.6M	935.9M	810.8M	759.5M
Net Invested Capital	1.8B	1.9B	2.0B	2.0B	2.3B	2.0B
Property Plant And Equipment Gross	261.8M	642.1M	830.8M	893.7M	1.0B	553.3M
Non Current Liabilities Other	8.8M	79.2M	106.1M	104.1M	119.7M	125.7M
Net Working Capital	300.7M	362.0M	348.1M	387.7M	445.9M	309.5M
Short Term Debt	969K	4.0M	13.6M	6M	3.3M	5.2M

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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:

How To Invest In Azek

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Is Azek Stock a good investment?

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What is Azek's Net Worth?

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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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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.

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Azek Cash Ratio vs Free Cash Flow Analysis

Cash Ratio vs Free Cash Flow

Cash Ratio vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Cash Ratio

Free Cash Flow

Azek fundamental ratios Correlations

Azek Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Azek fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cash And Short Term Investments	+ 1.0	Cash
Net Debt	+ 0.99	Short Long Term Debt Total
Property Plant And Equipment Net	+ 0.98	Total Assets
Non Current Assets Total	+ 0.96	Total Assets
Total Stockholder Equity	+ 0.94	Net Tangible Assets
Total Stockholder Equity	+ 0.94	Total Current Assets

Long Term Debt	- 0.99	Total Stockholder Equity
Long Term Debt	- 0.94	Net Tangible Assets
Net Debt	- 0.92	Total Stockholder Equity
Net Debt	- 0.91	Property Plant Equipment
Short Long Term Debt Total	- 0.91	Property Plant Equipment
Net Debt	- 0.91	Net Tangible Assets