AZONEUTRAL

AZO Current Ratio Analysis

0.89x

Higher than 10% of Consumer Cyclical sector peers

Updated 963h ago·SEC filings & market data

Key Takeaway

The current ratio measures whether a company's short-term assets, like cash and inventory, can cover its short-term debts due within a year.

Sector Performance

10th percentile

AZO

0.89x

Sector Median

1.45x

Sector Avg

3.36x

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Deep Analysis

The current ratio measures whether a company's short-term assets, like cash and inventory, can cover its short-term debts due within a year.

At 0.89x, AutoZone’s current liabilities exceed its current assets, meaning it would not fully cover those obligations without external financing or cash flow. This is well below the Consumer Cyclical sector median of 1.45x, placing the company in the 10th percentile of peers. No year-over-year, quarter-over-quarter, or eight-quarter trend data is available

Frequently Asked Questions

What does the Current Ratio tell investors about AZO?

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.

How is the Current Ratio calculated?

Current Ratio is calculated as: Current Assets / Current Liabilities.

How does AZO's Current Ratio compare to its sector?

AZO's Current Ratio of 0.89x compares to a Consumer Cyclical sector median of 1.45x, placing it in the 10th percentile.

Who are AZO's closest peers by Current Ratio?

The closest Consumer Cyclical peers by Current Ratio include: ANF (1.45x), URBN (1.48x), ROST (1.54x), AEO (1.55x), SE (1.58x).

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Learn More About Current Ratio

Why Working Capital Management Matters More Than You Think

Working capital is more than current assets minus liabilities. Learn why working capital matters for liquidity, efficiency, and competitive advantage, with real data from AMZN, COST, HD, and XOM.

The Formula

Current Assets / Current Liabilities

Why It Matters

Measures short-term financial health. A ratio above 1.5 is generally healthy; below 1.0 may indicate liquidity stress.