Advance Auto Parts Balance Sheet Health

Financial Health criteria checks 3/6

Advance Auto Parts has a total shareholder equity of $2.6B and total debt of $1.8B, which brings its debt-to-equity ratio to 68.9%. Its total assets and total liabilities are $12.5B and $9.9B respectively. Advance Auto Parts's EBIT is $139.8M making its interest coverage ratio 1.7. It has cash and short-term investments of $464.5M.

Key information

68.9%

Debt to equity ratio

US$1.79b

Debt

Interest coverage ratio1.7x
CashUS$464.49m
EquityUS$2.60b
Total liabilitiesUS$9.87b
Total assetsUS$12.47b

Recent financial health updates

Here's Why Advance Auto Parts (NYSE:AAP) Is Weighed Down By Its Debt Load

Nov 06
Here's Why Advance Auto Parts (NYSE:AAP) Is Weighed Down By Its Debt Load

Here's Why Advance Auto Parts (NYSE:AAP) Is Weighed Down By Its Debt Load

Jul 01
Here's Why Advance Auto Parts (NYSE:AAP) Is Weighed Down By Its Debt Load

Advance Auto Parts (NYSE:AAP) Use Of Debt Could Be Considered Risky

Nov 01
Advance Auto Parts (NYSE:AAP) Use Of Debt Could Be Considered Risky

Recent updates

Advance Auto Parts: Near-Term Headwinds Overshadow Promising Recovery Plans

Jan 17

Estimating The Intrinsic Value Of Advance Auto Parts, Inc. (NYSE:AAP)

Jan 08
Estimating The Intrinsic Value Of Advance Auto Parts, Inc. (NYSE:AAP)

Is Now An Opportune Moment To Examine Advance Auto Parts, Inc. (NYSE:AAP)?

Dec 26
Is Now An Opportune Moment To Examine Advance Auto Parts, Inc. (NYSE:AAP)?

Advance Auto Parts, Inc.'s (NYSE:AAP) P/E Is Still On The Mark Following 25% Share Price Bounce

Dec 10
Advance Auto Parts, Inc.'s (NYSE:AAP) P/E Is Still On The Mark Following 25% Share Price Bounce

Advance Auto Parts: Undervalued Turnaround Stock With Major Margin Expansion Ahead

Nov 17

Here's Why Advance Auto Parts (NYSE:AAP) Is Weighed Down By Its Debt Load

Nov 06
Here's Why Advance Auto Parts (NYSE:AAP) Is Weighed Down By Its Debt Load

Advance Auto Parts: Recovery Appears Elusive

Oct 05

Advance Auto Parts: A Decent Sale Cannot Outweigh Competitive Concerns

Sep 23

Advance Auto Parts (NYSE:AAP) Is Paying Out A Dividend Of $0.25

Sep 23
Advance Auto Parts (NYSE:AAP) Is Paying Out A Dividend Of $0.25

Returns On Capital At Advance Auto Parts (NYSE:AAP) Paint A Concerning Picture

Sep 20
Returns On Capital At Advance Auto Parts (NYSE:AAP) Paint A Concerning Picture

Advance Auto Parts: Valuation To Trade At A Discount To Peers

Sep 04

Advance Auto Parts, Inc.'s (NYSE:AAP) 27% Share Price Plunge Could Signal Some Risk

Aug 30
Advance Auto Parts, Inc.'s (NYSE:AAP) 27% Share Price Plunge Could Signal Some Risk

Advance Auto Parts (NYSE:AAP) Will Pay A Dividend Of $0.25

Aug 25
Advance Auto Parts (NYSE:AAP) Will Pay A Dividend Of $0.25

Advance Auto Parts: Q2 Earnings Disappoint, Turnaround Isn't Gaining Traction

Aug 22

A Look At The Intrinsic Value Of Advance Auto Parts, Inc. (NYSE:AAP)

Aug 11
A Look At The Intrinsic Value Of Advance Auto Parts, Inc. (NYSE:AAP)

Advance Auto Parts: Value Over Everything

Aug 02

Advance Auto Parts, Inc.'s (NYSE:AAP) Share Price Could Signal Some Risk

Jul 15
Advance Auto Parts, Inc.'s (NYSE:AAP) Share Price Could Signal Some Risk

Here's Why Advance Auto Parts (NYSE:AAP) Is Weighed Down By Its Debt Load

Jul 01
Here's Why Advance Auto Parts (NYSE:AAP) Is Weighed Down By Its Debt Load

Advance Auto Parts (NYSE:AAP) Is Paying Out A Dividend Of $0.25

Jun 18
Advance Auto Parts (NYSE:AAP) Is Paying Out A Dividend Of $0.25

Is It Time To Consider Buying Advance Auto Parts, Inc. (NYSE:AAP)?

Jun 15
Is It Time To Consider Buying Advance Auto Parts, Inc. (NYSE:AAP)?

Advance Auto Parts (NYSE:AAP) Is Due To Pay A Dividend Of $0.25

Jun 01
Advance Auto Parts (NYSE:AAP) Is Due To Pay A Dividend Of $0.25

Advance Auto Parts: A Messy Q1 Adds To Credibility Challenges

May 31

Third Point - Advance Auto Parts: Worldpac Sale A Near-Term Catalyst To Unlock Significant Value

May 02

Advance Auto Parts: Can The New Management Deliver?

Apr 13

Advance Auto Parts' Q4 Earnings: A First Step To Get Back On Track

Feb 29

Advanced Auto Parts: Broken Down But Repairs Being Made

Dec 17

Advance Auto Parts: The New Normal

Nov 27

At US$55.94, Is Advance Auto Parts, Inc. (NYSE:AAP) Worth Looking At Closely?

Nov 14
At US$55.94, Is Advance Auto Parts, Inc. (NYSE:AAP) Worth Looking At Closely?

Advance Auto Parts (NYSE:AAP) Use Of Debt Could Be Considered Risky

Nov 01
Advance Auto Parts (NYSE:AAP) Use Of Debt Could Be Considered Risky

Advance Auto Parts: Cheap For A Reason And An Uncertain Future

Oct 31

Advance Auto Parts: Another Retailer Stuck Between 'A Rock And A Hard Place'

Oct 17

Credit Downgrade Could Worsen Advance Auto Parts' Cash Flow Problem

Sep 14

Be Wary Of Advance Auto Parts (NYSE:AAP) And Its Returns On Capital

Sep 04
Be Wary Of Advance Auto Parts (NYSE:AAP) And Its Returns On Capital

Advance Auto Parts: Attractive Valuation After Losing Half Its Value In 2023

Aug 09

Advance Auto Parts: Its Mediocrity Is Unsustainable

Jul 20

Advance Auto Parts: A Quick Recovery Won't Be Easy

Jul 13

Advance Auto Parts: Better Safe Than Sorry

Jul 05

Financial Position Analysis

Short Term Liabilities: AAP's short term assets ($7.5B) exceed its short term liabilities ($5.6B).

Long Term Liabilities: AAP's short term assets ($7.5B) exceed its long term liabilities ($4.3B).


Debt to Equity History and Analysis

Debt Level: AAP's net debt to equity ratio (51%) is considered high.

Reducing Debt: AAP's debt to equity ratio has increased from 21.6% to 68.9% over the past 5 years.

Debt Coverage: AAP's debt is well covered by operating cash flow (23.3%).

Interest Coverage: AAP's interest payments on its debt are not well covered by EBIT (1.7x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/20 05:19
End of Day Share Price 2025/01/17 00:00
Earnings2024/10/05
Annual Earnings2023/12/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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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

Advance Auto Parts, Inc. is covered by 54 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Bret JordanAvondale Partners
Craig KennisonBaird