Azenta Capex To Depreciation vs Free Cash Flow Yield Analysis

AZTA Stock

USD 46.21 0.90 1.91%

Azenta financial indicator trend analysis is way more than just evaluating Azenta Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Azenta Inc is a good investment. Please check the relationship between Azenta Capex To Depreciation and its Free Cash Flow Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azenta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Azenta Inc Capex To Depreciation account and Free Cash Flow Yield. At this time, the significance of the direction appears to have pay attention.

The correlation between Azenta's Capex To Depreciation and Free Cash Flow Yield is -0.85. Overlapping area represents the amount of variation of Capex To Depreciation that can explain the historical movement of Free Cash Flow Yield in the same time period over historical financial statements of Azenta Inc, assuming nothing else is changed. The correlation between historical values of Azenta's Capex To Depreciation and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Depreciation of Azenta Inc are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Capex To Depreciation i.e., Azenta's Capex To Depreciation and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.85

Relationship Direction	Negative
Relationship Strength	Significant

View All Relationships

Capex To Depreciation

The ratio of a company's capital expenditures to its depreciation expenses, indicating how much the company is investing in physical assets relative to the aging of existing assets.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.

Most indicators from Azenta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Azenta Inc 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 Azenta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

The current year's Enterprise Value is expected to grow to about 7.1 B, whereas Selling General Administrative is forecasted to decline to about 243.7 M.

	2021	2022	2023	2024 (projected)
Total Revenue	555.5M	665.1M	656.3M	504.8M
Depreciation And Amortization	53.7M	85.6M	98.4M	103.3M

Total Revenue Depreciation And Amortization

Azenta fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Short Term Investments	Current Deferred Revenue
Total Assets		-0.13	0.58	0.65	0.99	0.77	-0.92	0.81	0.28	0.92	0.92	0.43	0.9	0.76	0.36	0.62	0.34	0.72	-0.03	0.68	0.92	0.16	0.78	0.31	0.77	0.82
Short Long Term Debt Total	-0.13		0.07	0.11	-0.17	-0.14	0.21	-0.31	0.49	-0.13	-0.12	0.06	-0.18	0.14	0.36	0.13	0.24	-0.04	0.32	0.13	-0.13	0.08	-0.09	0.36	-0.24	-0.08
Other Current Liab	0.58	0.07		0.9	0.51	0.46	-0.4	0.27	0.28	0.53	0.65	0.94	0.36	0.53	0.45	0.7	0.14	0.65	0.24	0.87	0.48	0.8	0.6	0.4	0.14	0.56
Total Current Liabilities	0.65	0.11	0.9		0.57	0.48	-0.49	0.26	0.59	0.61	0.7	0.77	0.44	0.77	0.6	0.72	0.31	0.6	0.35	0.94	0.55	0.61	0.72	0.55	0.19	0.68
Total Stockholder Equity	0.99	-0.17	0.51	0.57		0.75	-0.94	0.83	0.23	0.92	0.89	0.36	0.93	0.72	0.32	0.54	0.33	0.71	-0.05	0.6	0.93	0.1	0.74	0.28	0.82	0.8
Property Plant And Equipment Net	0.77	-0.14	0.46	0.48	0.75		-0.63	0.84	0.24	0.59	0.92	0.37	0.48	0.62	0.11	0.5	0.35	0.27	-0.44	0.52	0.49	0.14	0.86	0.09	0.32	0.57
Net Debt	-0.92	0.21	-0.4	-0.49	-0.94	-0.63		-0.79	-0.17	-0.96	-0.81	-0.21	-0.93	-0.67	-0.26	-0.42	-0.36	-0.58	0.05	-0.5	-0.89	0.03	-0.72	-0.19	-0.79	-0.78
Retained Earnings	0.81	-0.31	0.27	0.26	0.83	0.84	-0.79		-0.09	0.72	0.81	0.22	0.72	0.46	-0.21	0.39	0.05	0.39	-0.6	0.35	0.67	-0.01	0.7	-0.24	0.66	0.61
Accounts Payable	0.28	0.49	0.28	0.59	0.23	0.24	-0.17	-0.09		0.23	0.33	0.16	0.14	0.73	0.74	0.29	0.61	0.08	0.48	0.49	0.21	0.15	0.36	0.72	-0.03	0.32
Cash	0.92	-0.13	0.53	0.61	0.92	0.59	-0.96	0.72	0.23		0.81	0.34	0.93	0.76	0.33	0.64	0.38	0.65	0.04	0.67	0.92	0.05	0.73	0.25	0.75	0.86
Non Current Assets Total	0.92	-0.12	0.65	0.7	0.89	0.92	-0.81	0.81	0.33	0.81		0.52	0.69	0.77	0.33	0.66	0.41	0.51	-0.17	0.74	0.71	0.25	0.94	0.29	0.48	0.76
Non Currrent Assets Other	0.43	0.06	0.94	0.77	0.36	0.37	-0.21	0.22	0.16	0.34	0.52		0.2	0.35	0.27	0.65	-0.1	0.56	0.12	0.77	0.33	0.91	0.45	0.24	0.04	0.36
Cash And Short Term Investments	0.9	-0.18	0.36	0.44	0.93	0.48	-0.93	0.72	0.14	0.93	0.69	0.2		0.65	0.27	0.47	0.26	0.74	0.06	0.49	0.98	-0.04	0.52	0.21	0.94	0.77
Net Receivables	0.76	0.14	0.53	0.77	0.72	0.62	-0.67	0.46	0.73	0.76	0.77	0.35	0.65		0.6	0.66	0.61	0.42	0.21	0.78	0.69	0.12	0.74	0.52	0.43	0.73
Common Stock Shares Outstanding	0.36	0.36	0.45	0.6	0.32	0.11	-0.26	-0.21	0.74	0.33	0.33	0.27	0.27	0.6		0.33	0.74	0.38	0.82	0.51	0.36	0.19	0.27	0.99	0.09	0.34
Non Current Liabilities Total	0.62	0.13	0.7	0.72	0.54	0.5	-0.42	0.39	0.29	0.64	0.66	0.65	0.47	0.66	0.33		0.25	0.51	0.07	0.91	0.53	0.3	0.67	0.28	0.24	0.71
Inventory	0.34	0.24	0.14	0.31	0.33	0.35	-0.36	0.05	0.61	0.38	0.41	-0.1	0.26	0.61	0.74	0.25		-0.02	0.38	0.3	0.25	-0.26	0.41	0.68	0.04	0.35
Other Current Assets	0.72	-0.04	0.65	0.6	0.71	0.27	-0.58	0.39	0.08	0.65	0.51	0.56	0.74	0.42	0.38	0.51	-0.02		0.33	0.6	0.83	0.39	0.32	0.37	0.72	0.65
Other Stockholder Equity	-0.03	0.32	0.24	0.35	-0.05	-0.44	0.05	-0.6	0.48	0.04	-0.17	0.12	0.06	0.21	0.82	0.07	0.38	0.33		0.24	0.16	0.16	-0.2	0.82	0.0	0.05
Total Liab	0.68	0.13	0.87	0.94	0.6	0.52	-0.5	0.35	0.49	0.67	0.74	0.77	0.49	0.78	0.51	0.91	0.3	0.6	0.24		0.58	0.51	0.75	0.46	0.23	0.74
Total Current Assets	0.92	-0.13	0.48	0.55	0.93	0.49	-0.89	0.67	0.21	0.92	0.71	0.33	0.98	0.69	0.36	0.53	0.25	0.83	0.16	0.58		0.09	0.53	0.31	0.91	0.79
Short Term Debt	0.16	0.08	0.8	0.61	0.1	0.14	0.03	-0.01	0.15	0.05	0.25	0.91	-0.04	0.12	0.19	0.3	-0.26	0.39	0.16	0.51	0.09		0.18	0.18	-0.12	0.06
Intangible Assets	0.78	-0.09	0.6	0.72	0.74	0.86	-0.72	0.7	0.36	0.73	0.94	0.45	0.52	0.74	0.27	0.67	0.41	0.32	-0.2	0.75	0.53	0.18		0.22	0.26	0.73
Common Stock	0.31	0.36	0.4	0.55	0.28	0.09	-0.19	-0.24	0.72	0.25	0.29	0.24	0.21	0.52	0.99	0.28	0.68	0.37	0.82	0.46	0.31	0.18	0.22		0.06	0.27
Short Term Investments	0.77	-0.24	0.14	0.19	0.82	0.32	-0.79	0.66	-0.03	0.75	0.48	0.04	0.94	0.43	0.09	0.24	0.04	0.72	0.0	0.23	0.91	-0.12	0.26	0.06		0.59
Current Deferred Revenue	0.82	-0.08	0.56	0.68	0.8	0.57	-0.78	0.61	0.32	0.86	0.76	0.36	0.77	0.73	0.34	0.71	0.35	0.65	0.05	0.74	0.79	0.06	0.73	0.27	0.59

Click cells to compare fundamentals

Azenta Account Relationship Matchups

Azenta fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.6B	1.8B	3.7B	2.9B	2.1B	2.2B
Short Long Term Debt Total	82.3M	94.8M	49.2M	60.4M	58.8M	76.5M
Other Current Liab	148.7M	268.3M	123.7M	133.1M	115.2M	71.2M
Total Current Liabilities	211.1M	345.1M	230.5M	210.9M	204.8M	137.4M
Total Stockholder Equity	1.2B	1.3B	3.4B	2.5B	1.8B	1.9B
Property Plant And Equipment Net	117.7M	130.7M	154.5M	205.7M	266.6M	280.0M
Net Debt	(213.4M)	(132.7M)	(609.0M)	(618.5M)	(252.1M)	(239.5M)
Retained Earnings	(551.1M)	(470.1M)	1.7B	1.6B	1.5B	1.6B
Accounts Payable	25.7M	42.4M	38.7M	35.8M	44.4M	36.7M
Cash	295.6M	227.4M	658.3M	678.9M	310.9M	174.0M
Non Current Assets Total	909.7M	1.0B	1.3B	1.5B	1.3B	1.3B
Non Currrent Assets Other	64.1M	241.9M	57.1M	70.5M	60.3M	46.0M
Cash And Short Term Investments	295.7M	227.5M	1.6B	1.0B	462.1M	260.0M
Net Receivables	94.8M	119.9M	163.8M	156.5M	172.7M	95.5M
Common Stock Shares Outstanding	73.9M	74.5M	74.9M	66.3M	53.2M	54.3M
Liabilities And Stockholders Equity	1.6B	1.8B	3.7B	2.9B	2.1B	2.2B
Non Current Liabilities Total	134.4M	149.1M	122.2M	140.3M	126.2M	76.1M
Inventory	114.8M	60.4M	85.5M	128.2M	115.3M	84.4M
Other Current Assets	266.8M	369.6M	640.0M	116.4M	82.7M	78.8M
Other Stockholder Equity	1.7B	1.8B	1.8B	955.2M	305.0M	289.8M
Total Liab	345.5M	494.2M	352.7M	351.2M	331.1M	213.5M
Total Current Assets	649.5M	777.4M	2.5B	1.4B	832.8M	508.7M
Short Term Debt	827K	148.1M	7.0M	10.2M	11.7M	9.8M
Accumulated Other Comprehensive Income	21.9M	19.4M	(83.9M)	(62.4M)	(13.5M)	(12.8M)
Intangible Assets	218.3M	186.5M	178.4M	294.3M	248.0M	260.4M
Common Stock	873K	878K	885K	713K	590K	730.0K
Short Term Investments	67K	81K	911.8M	338.9M	151.2M	106.5M
Current Deferred Revenue	31.4M	25.7M	39.7M	34.6M	32.0M	24.0M
Good Will	501.5M	469.4M	513.6M	784.3M	691.4M	726.0M
Other Liab	65.7M	54.3M	73.0M	78.5M	90.3M	62.9M
Net Tangible Assets	548.1M	669.4M	2.7B	1.5B	1.7B	1.1B
Other Assets	129.2M	202.3M	58.3M	4.5M	4.0M	3.8M
Net Invested Capital	1.3B	1.4B	3.4B	2.5B	2.9B	2.0B
Long Term Investments	3.1M	3.6M	352.0M	111.3M	128.0M	88.0M
Capital Stock	873K	878K	885K	713K	641.7K	672.9K
Non Current Liabilities Other	9.6M	6.2M	6.5M	12.2M	14.0M	9.2M
Net Working Capital	438.3M	432.3M	2.2B	1.2B	1.4B	931.7M

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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:

How To Invest In Azenta

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Is Azenta Stock a good investment?

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What is Azenta's Net Worth?

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Largest Life Sciences Tools & Services Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Azenta Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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.

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Azenta Capex To Depreciation vs Free Cash Flow Yield Analysis

Capex To Depreciation vs Free Cash Flow Yield

Capex To Depreciation vs Free Cash Flow Yield Correlation Analysis

Correlation Coefficient

Capex To Depreciation

Free Cash Flow Yield

Azenta fundamental ratios Correlations

Azenta Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Azenta fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Stockholder Equity	+ 0.99	Total Assets
Common Stock	+ 0.99	Common Stock Shares Outstanding
Total Current Assets	+ 0.98	Cash And Short Term Investments
Non Currrent Assets Other	+ 0.94	Other Current Liab
Total Liab	+ 0.94	Total Current Liabilities
Intangible Assets	+ 0.94	Non Current Assets Total

Cash	- 0.96	Net Debt
Net Debt	- 0.94	Total Stockholder Equity
Cash And Short Term Investments	- 0.93	Net Debt
Net Debt	- 0.92	Total Assets
Total Current Assets	- 0.89	Net Debt
Non Current Assets Total	- 0.81	Net Debt