Advance Total Debt Trend from 2010 to 2022

AAP
 Stock
  

USD 205.33  2.80  1.38%   

Advance Auto Total Debt yearly trend continues to be very stable with very little volatility. Total Debt is likely to drop to about 2.3 B. During the period from 2010 to 2022, Advance Auto Total Debt quarterly data regression pattern had range of 2,955,987,000 and median of  3,371,971,000. Advance Auto Earning Before Interest and Taxes EBIT is very stable at the moment as compared to the past year. Advance Auto reported last year Earning Before Interest and Taxes EBIT of 843.72 Million. As of 15th of August 2022, Interest Expense is likely to grow to about 51.4 M, while Cost of Revenue is likely to drop about 6 B.
  
Check Advance Auto financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Advance main balance sheet or income statement drivers, such as Direct Expenses of 6 B, Consolidated Income of 566.2 M or Cost of Revenue of 6 B, as well as many exotic indicators such as Interest Coverage of 18.6, Long Term Debt to Equity of 0.36 or Calculated Tax Rate of 32.29. Advance financial statements analysis is a perfect complement when working with Advance Auto Valuation or Volatility modules. It can also supplement Advance Auto's financial leverage analysis and stock options assessment as well as various Advance Auto Technical models . Please continue to the analysis of Advance Auto Correlation against competitors.

Advance Auto Quarterly Total Debt

3.52 Billion

Advance Total Debt Breakdown

Showing smoothed Total Debt of Advance Auto Parts with missing and latest data points interpolated. Total Debt of Advance Auto Parts is a combination of both Advance Auto short-term and long-term liabilities. Short-term debts are those that must be paid back within a year. This type of debt applies to things like lines of credit or short-term term bonds. Long-term debt of Advance Auto Parts includes liability that must be paid off in more than a year. This typically includes large senior debts like mortgages, bonds, as well as business loans or leases. A component of Total Liabilities representing the total amount of current and non-current debt owed. Includes secured and unsecured bonds issued; commercial paper; notes payable; credit facilities; lines of credit; capital lease obligations; operating lease obligations; and convertible notes.Advance Auto's Total Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Advance Auto's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.99 B10 Years Trend
Increasing
Stable
   Total Debt   
Share
       Timeline  

Advance Total Debt Regression Statistics

Arithmetic Mean 2,884,791,162
Geometric Mean 2,548,792,048
Coefficient Of Variation 34.92
Mean Deviation 749,507,443
Median 3,371,971,000
Standard Deviation 1,007,295,122
Range 2,955,987,000
R-Value 0.18
R-Squared 0.032527
Significance 0.56
Slope 46,648,141

Advance Total Debt History

20103.4 B
2011416 M
2016B
20222.3 B

Other Fundumenentals of Advance Auto Parts

Advance Auto Total Debt component correlations

About Advance Auto Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Advance Auto income statement, its balance sheet, and the statement of cash flows. Advance Auto investors use historical funamental indicators, such as Advance Auto's Total Debt, to determine how well the company is positioned to perform in the future. Although Advance Auto investors may use each financial statement separately, they are all related. The changes in Advance Auto's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Advance Auto's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Advance Auto Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Advance Auto. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Total Debt3.4 B2.3 B
Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company was founded in 1929 and is based in Raleigh, North Carolina. Advance Auto operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 41000 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Advance Auto without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Price Exposure Probability Now

   

Price Exposure Probability

Analyze equity upside and downside potential for a given time horizon across multiple markets
All  Next Launch Module

Pair Trading with Advance Auto

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Advance Auto position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Advance Auto will appreciate offsetting losses from the drop in the long position's value.

Moving together with Advance Auto

0.77BGFVBig 5 Sporting Normal TradingPairCorr

Moving against Advance Auto

0.63AUVIApplied Uv Earnings Call  TodayPairCorr
The ability to find closely correlated positions to Advance Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Advance Auto when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Advance Auto - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Advance Auto Parts to buy it.
The correlation of Advance Auto is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Advance Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Advance Auto Parts moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Advance Auto can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Advance Auto Correlation against competitors. Note that the Advance Auto Parts information on this page should be used as a complementary analysis to other Advance Auto's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Advance Stock analysis

When running Advance Auto Parts price analysis, check to measure Advance Auto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advance Auto is operating at the current time. Most of Advance Auto's value examination focuses on studying past and present price action to predict the probability of Advance Auto's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Advance Auto's price. Additionally, you may evaluate how the addition of Advance Auto to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Go
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Go
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Is Advance Auto's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Advance Auto. If investors know Advance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Advance Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.2
Market Capitalization
12.3 B
Quarterly Revenue Growth YOY
0.013
Return On Assets
0.0434
Return On Equity
0.18
The market value of Advance Auto Parts is measured differently than its book value, which is the value of Advance that is recorded on the company's balance sheet. Investors also form their own opinion of Advance Auto's value that differs from its market value or its book value, called intrinsic value, which is Advance Auto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Advance Auto's market value can be influenced by many factors that don't directly affect Advance Auto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Advance Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine Advance Auto value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advance Auto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.