AZZ Short Term Debt vs Common Stock Shares Outstanding Analysis

AZZ Stock  USD 95.33  0.21  0.22%   
AZZ Incorporated financial indicator trend analysis is way more than just evaluating AZZ Incorporated prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AZZ Incorporated is a good investment. Please check the relationship between AZZ Incorporated Short Term Debt and its Common Stock Shares Outstanding accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AZZ Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.

Short Term Debt vs Common Stock Shares Outstanding

Short Term Debt vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AZZ Incorporated Short Term Debt account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between AZZ Incorporated's Short Term Debt and Common Stock Shares Outstanding is 0.49. Overlapping area represents the amount of variation of Short Term Debt that can explain the historical movement of Common Stock Shares Outstanding in the same time period over historical financial statements of AZZ Incorporated, assuming nothing else is changed. The correlation between historical values of AZZ Incorporated's Short Term Debt and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Term Debt of AZZ Incorporated are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Short Term Debt i.e., AZZ Incorporated's Short Term Debt and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

0.49
Relationship DirectionPositive 
Relationship StrengthWeak

Short Term Debt

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
Most indicators from AZZ Incorporated's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AZZ Incorporated 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 AZZ Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.Selling General Administrative is likely to drop to about 134.8 M in 2024. Tax Provision is likely to drop to about 18.3 M in 2024
 2021 2022 2023 2024 (projected)
Gross Profit225.2M295.9M363.5M381.6M
Total Revenue902.7M1.3B1.5B1.6B

AZZ Incorporated fundamental ratios Correlations

0.950.920.870.940.990.950.7-0.460.99-0.460.840.330.970.710.040.730.980.920.780.04-0.340.950.940.470.95
0.950.810.770.80.961.00.45-0.430.97-0.430.740.141.00.56-0.090.730.990.90.60.12-0.351.00.930.551.0
0.920.810.880.940.910.810.79-0.380.9-0.380.730.420.830.740.310.550.860.870.830.03-0.360.790.760.230.8
0.870.770.880.860.830.750.79-0.160.82-0.160.830.640.780.920.110.480.820.730.930.320.070.780.820.290.75
0.940.80.940.860.910.80.88-0.480.91-0.480.860.480.830.770.170.640.850.850.85-0.07-0.330.80.850.330.79
0.990.960.910.830.910.970.63-0.470.99-0.470.80.280.970.63-0.010.670.980.960.690.07-0.380.960.920.410.96
0.951.00.810.750.80.970.46-0.480.97-0.480.740.121.00.55-0.080.740.990.910.590.08-0.380.990.930.551.0
0.70.450.790.790.880.630.46-0.340.63-0.340.780.730.490.850.270.390.540.560.90.0-0.040.470.620.10.44
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0.990.970.90.820.910.990.970.63-0.49-0.490.810.250.980.640.00.730.980.940.710.02-0.40.970.940.480.97
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0.330.140.420.640.480.280.120.730.20.250.20.630.160.72-0.12-0.050.220.220.70.490.450.180.35-0.160.12
0.971.00.830.780.830.971.00.49-0.440.98-0.440.760.160.58-0.060.751.00.90.630.07-0.370.990.940.561.0
0.710.560.740.920.770.630.550.85-0.180.64-0.180.760.720.580.210.470.630.470.950.280.240.570.70.330.54
0.04-0.090.310.110.17-0.01-0.080.27-0.110.0-0.11-0.26-0.12-0.060.210.1-0.04-0.040.27-0.39-0.27-0.16-0.21-0.05-0.09
0.730.730.550.480.640.670.740.39-0.480.73-0.480.59-0.050.750.470.10.740.490.52-0.34-0.490.710.750.920.74
0.980.990.860.820.850.980.990.54-0.420.98-0.420.780.221.00.63-0.040.740.90.680.11-0.330.990.940.540.99
0.920.90.870.730.850.960.910.56-0.450.94-0.450.710.220.90.47-0.040.490.90.560.05-0.430.90.820.190.9
0.780.60.830.930.850.690.590.9-0.120.71-0.120.810.70.630.950.270.520.680.560.130.050.610.720.330.59
0.040.120.030.32-0.070.070.080.00.320.020.320.150.490.070.28-0.39-0.340.110.050.130.650.150.14-0.230.09
-0.34-0.35-0.360.07-0.33-0.38-0.38-0.040.4-0.40.4-0.010.45-0.370.24-0.27-0.49-0.33-0.430.050.65-0.3-0.17-0.26-0.36
0.951.00.790.780.80.960.990.47-0.420.97-0.420.770.180.990.57-0.160.710.990.90.610.15-0.30.950.541.0
0.940.930.760.820.850.920.930.62-0.450.94-0.450.910.350.940.7-0.210.750.940.820.720.14-0.170.950.590.93
0.470.550.230.290.330.410.550.1-0.280.48-0.280.4-0.160.560.33-0.050.920.540.190.33-0.23-0.260.540.590.56
0.951.00.80.750.790.961.00.44-0.440.97-0.440.730.121.00.54-0.090.740.990.90.590.09-0.361.00.930.56
Click cells to compare fundamentals

AZZ Incorporated Account Relationship Matchups

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When running AZZ Incorporated's price analysis, check to measure AZZ Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AZZ Incorporated is operating at the current time. Most of AZZ Incorporated's value examination focuses on studying past and present price action to predict the probability of AZZ Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AZZ Incorporated's price. Additionally, you may evaluate how the addition of AZZ Incorporated to your portfolios can decrease your overall portfolio volatility.