AZZ Capex To Revenue vs Cost Of Revenue Analysis

AZZ Stock

USD 93.14 1.99 2.18%

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 Capex To Revenue and its Cost Of Revenue 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.

Capex To Revenue vs Cost Of Revenue

Capex To Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AZZ Incorporated Capex To Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have no relationship.

The correlation between AZZ Incorporated's Capex To Revenue and Cost Of Revenue is 0.0. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Cost Of Revenue 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 Capex To Revenue and Cost Of Revenue 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 Revenue of AZZ Incorporated are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Capex To Revenue i.e., AZZ Incorporated's Capex To Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.0

Relationship Direction	Flat
Relationship Strength	Insignificant

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Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Cost Of Revenue

Cost of Revenue is found on AZZ Incorporated income statement and represents the costs associated with goods and services AZZ Incorporated provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

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 Profit	225.2M	295.9M	363.5M	381.6M
Total Revenue	902.7M	1.3B	1.5B	1.6B

Gross Profit Total Revenue

AZZ Incorporated 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	Cash	Non Current Assets Total	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Non Currrent Assets Other	Intangible Assets	Accounts Payable	Other Assets	Long Term Debt
Total Assets		0.95	0.92	0.87	0.94	0.99	0.95	0.7	-0.46	0.99	-0.46	0.84	0.33	0.97	0.71	0.04	0.73	0.98	0.92	0.78	0.04	-0.34	0.95	0.94	0.47	0.95
Short Long Term Debt Total	0.95		0.81	0.77	0.8	0.96	1.0	0.45	-0.43	0.97	-0.43	0.74	0.14	1.0	0.56	-0.09	0.73	0.99	0.9	0.6	0.12	-0.35	1.0	0.93	0.55	1.0
Other Current Liab	0.92	0.81		0.88	0.94	0.91	0.81	0.79	-0.38	0.9	-0.38	0.73	0.42	0.83	0.74	0.31	0.55	0.86	0.87	0.83	0.03	-0.36	0.79	0.76	0.23	0.8
Total Current Liabilities	0.87	0.77	0.88		0.86	0.83	0.75	0.79	-0.16	0.82	-0.16	0.83	0.64	0.78	0.92	0.11	0.48	0.82	0.73	0.93	0.32	0.07	0.78	0.82	0.29	0.75
Total Stockholder Equity	0.94	0.8	0.94	0.86		0.91	0.8	0.88	-0.48	0.91	-0.48	0.86	0.48	0.83	0.77	0.17	0.64	0.85	0.85	0.85	-0.07	-0.33	0.8	0.85	0.33	0.79
Property Plant And Equipment Net	0.99	0.96	0.91	0.83	0.91		0.97	0.63	-0.47	0.99	-0.47	0.8	0.28	0.97	0.63	-0.01	0.67	0.98	0.96	0.69	0.07	-0.38	0.96	0.92	0.41	0.96
Net Debt	0.95	1.0	0.81	0.75	0.8	0.97		0.46	-0.48	0.97	-0.48	0.74	0.12	1.0	0.55	-0.08	0.74	0.99	0.91	0.59	0.08	-0.38	0.99	0.93	0.55	1.0
Retained Earnings	0.7	0.45	0.79	0.79	0.88	0.63	0.46		-0.34	0.63	-0.34	0.78	0.73	0.49	0.85	0.27	0.39	0.54	0.56	0.9	0.0	-0.04	0.47	0.62	0.1	0.44
Cash	-0.46	-0.43	-0.38	-0.16	-0.48	-0.47	-0.48	-0.34		-0.49	1.0	-0.33	0.2	-0.44	-0.18	-0.11	-0.48	-0.42	-0.45	-0.12	0.32	0.4	-0.42	-0.45	-0.28	-0.44
Non Current Assets Total	0.99	0.97	0.9	0.82	0.91	0.99	0.97	0.63	-0.49		-0.49	0.81	0.25	0.98	0.64	0.0	0.73	0.98	0.94	0.71	0.02	-0.4	0.97	0.94	0.48	0.97
Cash And Short Term Investments	-0.46	-0.43	-0.38	-0.16	-0.48	-0.47	-0.48	-0.34	1.0	-0.49		-0.33	0.2	-0.44	-0.18	-0.11	-0.48	-0.42	-0.45	-0.12	0.32	0.4	-0.42	-0.45	-0.28	-0.44
Net Receivables	0.84	0.74	0.73	0.83	0.86	0.8	0.74	0.78	-0.33	0.81	-0.33		0.63	0.76	0.76	-0.26	0.59	0.78	0.71	0.81	0.15	-0.01	0.77	0.91	0.4	0.73
Common Stock Shares Outstanding	0.33	0.14	0.42	0.64	0.48	0.28	0.12	0.73	0.2	0.25	0.2	0.63		0.16	0.72	-0.12	-0.05	0.22	0.22	0.7	0.49	0.45	0.18	0.35	-0.16	0.12
Non Current Liabilities Total	0.97	1.0	0.83	0.78	0.83	0.97	1.0	0.49	-0.44	0.98	-0.44	0.76	0.16		0.58	-0.06	0.75	1.0	0.9	0.63	0.07	-0.37	0.99	0.94	0.56	1.0
Inventory	0.71	0.56	0.74	0.92	0.77	0.63	0.55	0.85	-0.18	0.64	-0.18	0.76	0.72	0.58		0.21	0.47	0.63	0.47	0.95	0.28	0.24	0.57	0.7	0.33	0.54
Other Current Assets	0.04	-0.09	0.31	0.11	0.17	-0.01	-0.08	0.27	-0.11	0.0	-0.11	-0.26	-0.12	-0.06	0.21		0.1	-0.04	-0.04	0.27	-0.39	-0.27	-0.16	-0.21	-0.05	-0.09
Other Stockholder Equity	0.73	0.73	0.55	0.48	0.64	0.67	0.74	0.39	-0.48	0.73	-0.48	0.59	-0.05	0.75	0.47	0.1		0.74	0.49	0.52	-0.34	-0.49	0.71	0.75	0.92	0.74
Total Liab	0.98	0.99	0.86	0.82	0.85	0.98	0.99	0.54	-0.42	0.98	-0.42	0.78	0.22	1.0	0.63	-0.04	0.74		0.9	0.68	0.11	-0.33	0.99	0.94	0.54	0.99
Property Plant And Equipment Gross	0.92	0.9	0.87	0.73	0.85	0.96	0.91	0.56	-0.45	0.94	-0.45	0.71	0.22	0.9	0.47	-0.04	0.49	0.9		0.56	0.05	-0.43	0.9	0.82	0.19	0.9
Total Current Assets	0.78	0.6	0.83	0.93	0.85	0.69	0.59	0.9	-0.12	0.71	-0.12	0.81	0.7	0.63	0.95	0.27	0.52	0.68	0.56		0.13	0.05	0.61	0.72	0.33	0.59
Short Term Debt	0.04	0.12	0.03	0.32	-0.07	0.07	0.08	0.0	0.32	0.02	0.32	0.15	0.49	0.07	0.28	-0.39	-0.34	0.11	0.05	0.13		0.65	0.15	0.14	-0.23	0.09
Non Currrent Assets Other	-0.34	-0.35	-0.36	0.07	-0.33	-0.38	-0.38	-0.04	0.4	-0.4	0.4	-0.01	0.45	-0.37	0.24	-0.27	-0.49	-0.33	-0.43	0.05	0.65		-0.3	-0.17	-0.26	-0.36
Intangible Assets	0.95	1.0	0.79	0.78	0.8	0.96	0.99	0.47	-0.42	0.97	-0.42	0.77	0.18	0.99	0.57	-0.16	0.71	0.99	0.9	0.61	0.15	-0.3		0.95	0.54	1.0
Accounts Payable	0.94	0.93	0.76	0.82	0.85	0.92	0.93	0.62	-0.45	0.94	-0.45	0.91	0.35	0.94	0.7	-0.21	0.75	0.94	0.82	0.72	0.14	-0.17	0.95		0.59	0.93
Other Assets	0.47	0.55	0.23	0.29	0.33	0.41	0.55	0.1	-0.28	0.48	-0.28	0.4	-0.16	0.56	0.33	-0.05	0.92	0.54	0.19	0.33	-0.23	-0.26	0.54	0.59		0.56
Long Term Debt	0.95	1.0	0.8	0.75	0.79	0.96	1.0	0.44	-0.44	0.97	-0.44	0.73	0.12	1.0	0.54	-0.09	0.74	0.99	0.9	0.59	0.09	-0.36	1.0	0.93	0.56

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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.

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AZZ Capex To Revenue vs Cost Of Revenue Analysis

Capex To Revenue vs Cost Of Revenue

Capex To Revenue vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Capex To Revenue

Cost Of Revenue

AZZ Incorporated fundamental ratios Correlations

AZZ Incorporated Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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COMMON DESTINATIONS

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COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Intangible Assets	+ 1.0	Short Long Term Debt Total
Long Term Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Net Debt
Long Term Debt	+ 1.0	Net Debt

Non Currrent Assets Other	- 0.49	Other Stockholder Equity
Cash And Short Term Investments	- 0.49	Non Current Assets Total
Non Current Assets Total	- 0.49	Cash
Other Stockholder Equity	- 0.48	Cash And Short Term Investments
Other Stockholder Equity	- 0.48	Cash
Cash And Short Term Investments	- 0.48	Net Debt