Stock Analysis on Net
Stock Analysis on Net

AutoZone Inc. (NYSE:AZO)

This company has been moved to the archive! The financial data has not been updated since December 18, 2023.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

AutoZone Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Aug 26, 2023 Aug 27, 2022 Aug 28, 2021 Aug 29, 2020 Aug 31, 2019 Aug 25, 2018
Accounts payable 45.05 47.80 41.43 35.75 49.16 47.17
Current portion of operating lease liabilities 1.61 1.59 1.63 1.55 0.00 0.00
Accrued compensation, related payroll taxes and benefits 2.15 2.72 3.24 2.23 1.72 2.09
Property, sales and other taxes 1.04 1.00 0.94 0.84 1.24 1.13
Medical and casualty insurance claims, current portion 0.80 0.75 0.84 0.78 0.90 0.95
Current portion of finance lease liabilities 0.54 0.61 0.62 0.47 0.57 0.56
Accrued gift cards 0.37 0.34 0.35 0.30 0.39 0.29
Accrued interest 0.34 0.33 0.38 0.44 0.49 0.39
Accrued sales and warranty returns 0.27 0.23 0.22 0.22 0.35 0.21
Other 0.75 0.61 0.58 0.45 0.63 0.86
Accrued expenses and other 6.26% 6.60% 7.16% 5.74% 6.28% 6.49%
Income taxes payable 0.33 0.23 0.55 0.52 0.26 0.13
Current liabilities 53.25% 56.23% 50.77% 43.56% 55.70% 53.80%
Long-term debt 47.97 40.08 36.30 38.22 52.61 53.56
Operating lease liabilities, less current portion 18.25 18.58 18.14 17.34 0.00 0.00
Deferred income taxes 3.35 3.50 2.32 2.46 3.15 3.05
Finance lease liabilities, less current portion 1.26 1.42 1.28 1.08 1.25 1.09
Other long-term liabilities 3.14 3.37 3.57 3.42 4.60 4.77
Long-term liabilities 73.96% 66.94% 61.61% 62.53% 61.62% 62.47%
Total liabilities 127.21% 123.17% 112.38% 106.09% 117.32% 116.27%
Preferred stock; no shares issued 0.00 0.00 0.00 0.00 0.00 0.00
Common stock, par value $.01 per share 0.00 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 9.29 8.87 10.10 8.90 12.78 12.36
Retained deficit -18.51 -8.71 -2.89 -10.06 -13.19 -12.93
Accumulated other comprehensive loss -1.19 -1.97 -2.12 -2.46 -2.72 -2.52
Treasury stock, at cost -16.80 -21.36 -17.47 -2.47 -14.19 -13.17
Stockholders’ deficit -27.21% -23.17% -12.38% -6.09% -17.32% -16.27%
Total liabilities and stockholders’ deficit 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2023-08-26), 10-K (reporting date: 2022-08-27), 10-K (reporting date: 2021-08-28), 10-K (reporting date: 2020-08-29), 10-K (reporting date: 2019-08-31), 10-K (reporting date: 2018-08-25).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. AutoZone Inc. current liabilities as a percentage of total liabilities and stockholders’ deficit increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
Long-term liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. AutoZone Inc. long-term liabilities as a percentage of total liabilities and stockholders’ deficit increased from 2021 to 2022 and from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. AutoZone Inc. total liabilities as a percentage of total liabilities and stockholders’ deficit increased from 2021 to 2022 and from 2022 to 2023.
Stockholders’ deficit Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. AutoZone Inc. stockholders’ deficit as a percentage of total liabilities and stockholders’ deficit decreased from 2021 to 2022 and from 2022 to 2023.