AZZ Balance Sheet Health
Financial Health criteria checks 2/6
AZZ has a total shareholder equity of $999.8M and total debt of $913.3M, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are $2.2B and $1.2B respectively. AZZ's EBIT is $238.0M making its interest coverage ratio 2.5. It has cash and short-term investments of $2.2M.
Key information
91.3%
Debt to equity ratio
US$913.26m
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$2.15m |
| Equity | US$999.76m |
| Total liabilities | US$1.24b |
| Total assets | US$2.24b |
Recent financial health updates
We Think AZZ (NYSE:AZZ) Is Taking Some Risk With Its Debt
Nov 10
Is AZZ (NYSE:AZZ) A Risky Investment?
Jul 31We Think AZZ (NYSE:AZZ) Is Taking Some Risk With Its Debt
Oct 05Recent updates
A Look At The Fair Value Of AZZ Inc. (NYSE:AZZ)
Dec 11We Think AZZ (NYSE:AZZ) Is Taking Some Risk With Its Debt
Nov 10AZZ: Balanced Outlook With Growth In Infrastructure, Softness In Private Sector
Oct 29Coating Earnings With Growth: AZZ Inc.'s Mixed Quarter
Oct 10AZZ (NYSE:AZZ) Will Pay A Dividend Of $0.17
Oct 07At US$78.57, Is It Time To Put AZZ Inc. (NYSE:AZZ) On Your Watch List?
Sep 15Revenues Tell The Story For AZZ Inc. (NYSE:AZZ)
Aug 30AZZ: Upward Momentum Should Continue
Aug 20Are Investors Undervaluing AZZ Inc. (NYSE:AZZ) By 34%?
Aug 15Is AZZ (NYSE:AZZ) A Risky Investment?
Jul 31AZZ (NYSE:AZZ) Has Affirmed Its Dividend Of $0.17
Jul 01AZZ: The Re-Rating Is Complete
Jun 03Why We're Not Concerned About AZZ Inc.'s (NYSE:AZZ) Share Price
May 22AZZ (NYSE:AZZ) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 03AZZ Inc. (NYSE:AZZ) Just Reported And Analysts Have Been Lifting Their Price Targets
Apr 24Calculating The Fair Value Of AZZ Inc. (NYSE:AZZ)
Apr 09AZZ: Positive Construction Outlook But Limited Upside
Feb 29Does AZZ (NYSE:AZZ) Deserve A Spot On Your Watchlist?
Feb 08AZZ (NYSE:AZZ) Has Affirmed Its Dividend Of $0.17
Jan 22Is AZZ Inc. (NYSE:AZZ) Potentially Undervalued?
Dec 20AZZ: Improved Growth Prospects, Discounted Valuation (Rating Upgrade)
Dec 18Is There An Opportunity With AZZ Inc.'s (NYSE:AZZ) 43% Undervaluation?
Nov 15Here's Why We Think AZZ (NYSE:AZZ) Is Well Worth Watching
Oct 31AZZ (NYSE:AZZ) Is Due To Pay A Dividend Of $0.17
Oct 09We Think AZZ (NYSE:AZZ) Is Taking Some Risk With Its Debt
Oct 05AZZ: Trading At Compressed Multiples, Looks Justified On Closer Inspection
Sep 29Should You Think About Buying AZZ Inc. (NYSE:AZZ) Now?
Aug 10AZZ Inc. Q1 FY2024 Earnings: Missed Expectations And Growth Prospects
Jul 11AZZ (NYSE:AZZ) Is Due To Pay A Dividend Of $0.17
Jul 03Is There An Opportunity With AZZ Inc.'s (NYSE:AZZ) 22% Undervaluation?
Jun 28Financial Position Analysis
Short Term Liabilities: AZZ's short term assets ($401.2M) exceed its short term liabilities ($217.1M).
Long Term Liabilities: AZZ's short term assets ($401.2M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: AZZ's net debt to equity ratio (91.1%) is considered high.
Reducing Debt: AZZ's debt to equity ratio has increased from 40.3% to 91.3% over the past 5 years.
Debt Coverage: AZZ's debt is well covered by operating cash flow (26.9%).
Interest Coverage: AZZ's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:46 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/02/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
AZZ Inc. is covered by 14 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Krueger | Baird |
| Lucas Pipes | B. Riley Securities, Inc. |
| Brent Thielman | D.A. Davidson & Co. |