AZEK Balance Sheet Health
Financial Health criteria checks 5/6
AZEK has a total shareholder equity of $1.4B and total debt of $585.1M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are $2.3B and $929.4M respectively. AZEK's EBIT is $172.4M making its interest coverage ratio 4.5. It has cash and short-term investments of $274.8M.
Key information
43.0%
Debt to equity ratio
US$585.11m
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$274.76m |
| Equity | US$1.36b |
| Total liabilities | US$929.42m |
| Total assets | US$2.29b |
Recent financial health updates
These 4 Measures Indicate That AZEK (NYSE:AZEK) Is Using Debt Extensively
Nov 15
Does AZEK (NYSE:AZEK) Have A Healthy Balance Sheet?
Aug 16These 4 Measures Indicate That AZEK (NYSE:AZEK) Is Using Debt Extensively
Mar 15Recent updates
Here's Why We Think AZEK (NYSE:AZEK) Might Deserve Your Attention Today
Mar 27AZEK: An Unsustainable Reinvestment Rate Via Acquisitions Hid The Performance Problems
Mar 21AZEK (NYSE:AZEK) Is Looking To Continue Growing Its Returns On Capital
Mar 12The AZEK Company Inc. (NYSE:AZEK) Looks Just Right With A 26% Price Jump
Feb 27We Think The Compensation For The AZEK Company Inc.'s (NYSE:AZEK) CEO Looks About Right
Feb 24When Should You Buy The AZEK Company Inc. (NYSE:AZEK)?
Feb 21The AZEK Company: Continue To Stay Long As The Business Has Performed Very Well
Jan 03The AZEK Company: Has A Strong Momentum
Dec 23AZEK's (NYSE:AZEK) Conservative Accounting Might Explain Soft Earnings
Dec 11These 4 Measures Indicate That AZEK (NYSE:AZEK) Is Using Debt Extensively
Nov 15Is It Time To Consider Buying The AZEK Company Inc. (NYSE:AZEK)?
Oct 29The AZEK Company: An Expensive Floor
Oct 10Are Investors Undervaluing The AZEK Company Inc. (NYSE:AZEK) By 49%?
Sep 28Returns On Capital At AZEK (NYSE:AZEK) Have Hit The Brakes
Sep 03Does AZEK (NYSE:AZEK) Have A Healthy Balance Sheet?
Aug 16The AZEK Company Faces Commercial Segment Softness
Jul 20Calculating The Intrinsic Value Of The AZEK Company Inc. (NYSE:AZEK)
Jun 20Is Now An Opportune Moment To Examine The AZEK Company Inc. (NYSE:AZEK)?
Jun 02These 4 Measures Indicate That AZEK (NYSE:AZEK) Is Using Debt Extensively
Mar 15AZEK (NYSE:AZEK) Might Have The Makings Of A Multi-Bagger
Feb 23The AZEK Company Non-GAAP EPS of -$0.09 beats by $0.01, revenue of $216.3M beats by $8.16M
Feb 08Investors Still Waiting For A Pull Back In The AZEK Company Inc. (NYSE:AZEK)
Feb 02Is There Now An Opportunity In The AZEK Company Inc. (NYSE:AZEK)?
Jan 18AZEK: Strong Brand And Network Of Partners In A Growing Industry
Dec 23There's Been No Shortage Of Growth Recently For AZEK's (NYSE:AZEK) Returns On Capital
Nov 21Is The AZEK Company Inc. (NYSE:AZEK) Expensive For A Reason? A Look At Its Intrinsic Value
Oct 30When Should You Buy The AZEK Company Inc. (NYSE:AZEK)?
Oct 12The AZEK Company: A First Assessment
Sep 09Financial Position Analysis
Short Term Liabilities: AZEK's short term assets ($593.4M) exceed its short term liabilities ($198.4M).
Long Term Liabilities: AZEK's short term assets ($593.4M) do not cover its long term liabilities ($731.0M).
Debt to Equity History and Analysis
Debt Level: AZEK's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: AZEK's debt to equity ratio has reduced from 222.7% to 43% over the past 5 years.
Debt Coverage: AZEK's debt is well covered by operating cash flow (58.1%).
Interest Coverage: AZEK's interest payments on its debt are well covered by EBIT (4.5x coverage).