Advance Auto Financials

AAP Stock  USD 41.35  3.09  6.95%   
Based on the analysis of Advance Auto's profitability, liquidity, and operating efficiency, Advance Auto Parts may be sliding down financialy. It has an above-average risk of going through some form of financial straits next quarter. At this time, Advance Auto's Other Liabilities is relatively stable compared to the past year. As of 11/30/2024, Property Plant And Equipment Net is likely to grow to about 4.4 B, while Other Assets are likely to drop 0.95. Key indicators impacting Advance Auto's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.0320.0375
Fairly Down
Slightly volatile
Return On Assets0.04410.0349
Significantly Up
Slightly volatile
Return On Equity0.140.16
Fairly Down
Slightly volatile
Debt Equity Ratio1.011.62
Way Down
Slightly volatile
Operating Income108.7 M114.4 M
Notably Down
Pretty Stable
Current Ratio1.51.28
Fairly Up
Pretty Stable
Investors should never underestimate Advance Auto's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Advance Auto's cash flow, debt, and profitability to make informed and accurate decisions about investing in Advance Auto Parts.

Cash And Equivalents

581.9 Million

  
Understanding current and past Advance Auto Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Advance Auto's financial statements are interrelated, with each one affecting the others. For example, an increase in Advance Auto's assets may result in an increase in income on the income statement.

Advance Auto Stock Summary

Advance Auto competes with AutoZone, Tractor Supply, Genuine Parts, Five Below, and OReilly Automotive. 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.
Specialization
Consumer Discretionary, Consumer Discretionary Distribution & Retail
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS00751Y1064
CUSIP00751Y106
LocationNorth Carolina; U.S.A
Business Address4200 Six Forks
SectorSpecialty Retail
IndustryConsumer Discretionary
BenchmarkDow Jones Industrial
Websiteshop.advanceautoparts.com
Phone540 362 4911
CurrencyUSD - US Dollar

Advance Auto Key Financial Ratios

Advance Auto Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets11.2B11.8B12.2B12.0B12.3B12.9B
Net Debt2.3B2.2B2.8B3.4B3.5B3.7B
Cash418.7M835.0M601.4M270.8M503.5M279.7M
Other Assets52.4M52.3M73.7M62.4M1.00.95
Inventory4.4B4.5B4.7B4.9B4.9B2.8B
Total Liab7.7B8.3B9.1B9.4B9.8B10.2B
Total Current Assets5.7B6.3B6.3B6.0B6.4B3.6B
Other Current Liab1.1B1.0B1.1B972.5M1.0B1.1B
Other Liab457.3M488.7M513.6M503.2M578.7M607.6M
Retained Earnings3.8B4.2B4.6B4.7B4.6B4.8B
Accounts Payable3.4B3.6B3.9B4.2B4.2B2.2B
Long Term Debt747.3M1.0B1.0B1.2B1.8B1.9B
Net Receivables689.5M750.0M782.8M684.0M800.1M840.1M
Other Current Assets155.2M146.8M232.2M163.7M215.7M226.5M
Short Term Debt478.0M462.6M465.1M185M445.1M467.3M
Treasury Stock(426.0M)(924.4M)(1.4B)(2.3B)(2.1B)(2.0B)
Good Will992.2M993.6M993.7M990.5M991.7M608.6M
Intangible Assets709.8M681.1M651.2M620.9M593.3M393.2M
Net Tangible Assets3.9B4.9B2.5B1.1B1.2B2.0B
Long Term Debt Total747.3M1.0B1.0B1.2B1.4B1.0B
Capital Surpluse735.2M783.7M845.4M897.6M1.0B723.8M

Advance Auto Key Income Statement Accounts

The reason investors look at the income statement is to determine what Advance Auto's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense39.9M46.9M37.8M51.1M88.1M92.5M
Total Revenue9.7B10.1B11.0B11.2B11.3B7.2B
Gross Profit4.3B4.5B4.9B5.0B4.5B3.2B
Operating Income677.2M749.9M838.7M714.2M114.4M108.7M
Ebit677.2M697.9M843.7M655.4M119.9M113.9M
Ebitda916.0M948.0M1.1B939.2M426.4M729.5M
Cost Of Revenue5.5B5.6B6.1B6.2B6.8B3.9B
Income Before Tax637.7M651.0M805.9M648.7M31.8M30.3M
Net Income486.9M493.0M596.6M464.4M29.7M28.2M
Income Tax Expense150.9M158.0M189.8M146.8M2.1M2.0M
Tax Provision150.9M158.0M189.8M146.8M58.1M55.2M
Interest Income41.6M46.9M37.8M55.5M49.9M43.1M
Net Interest Income(39.9M)(46.9M)(37.8M)(51.1M)(85.9M)(90.2M)

Advance Auto Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(477.9M)416.3M(233.6M)(332.1M)232.7M244.3M
Free Cash Flow395.3M701.9M822.6M296.3M45.0M42.7M
Other Non Cash Items19.1M54.2M964K13.6M4.1M3.9M
Capital Expenditures471.6M267.8M289.6M426.0M242.4M224.9M
Net Income486.9M493.0M616.1M501.9M29.7M28.2M
End Period Cash Flow418.7M835.0M601.4M269.3M503.5M291.1M
Change To Inventory(63.1M)(101.4M)(120.3M)(272.3M)44.8M47.1M
Depreciation238.4M250.1M259.9M283.8M306.5M210.1M
Dividends Paid17.2M56.3M160.9M336.2M(209.3M)(198.8M)
Change Receivables(21.5M)(62.8M)(59.0M)(32.7M)(37.5M)(39.4M)
Net Borrowings32.0M(369.4M)244.5M332.5M382.4M401.5M
Change To Netincome79.7M107.6M132.2M70.9M81.5M60.7M
Investments(462.9M)(266.9M)(287.3M)(424.4M)(277.8M)(291.7M)

Advance Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Advance Auto's current stock value. Our valuation model uses many indicators to compare Advance Auto value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Advance Auto competition to find correlations between indicators driving Advance Auto's intrinsic value. More Info.
Advance Auto Parts is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Advance Auto's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Advance Auto by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Advance Auto Parts Systematic Risk

Advance Auto's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Advance Auto volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Advance Auto Parts correlated with the market. If Beta is less than 0 Advance Auto generally moves in the opposite direction as compared to the market. If Advance Auto Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Advance Auto Parts is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Advance Auto is generally in the same direction as the market. If Beta > 1 Advance Auto moves generally in the same direction as, but more than the movement of the benchmark.

Advance Auto Thematic Clasifications

Advance Auto Parts is part of several thematic ideas from Macroaxis Index to Retail. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Advance Auto Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Advance Auto's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Advance Auto growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.54)

At this time, Advance Auto's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Advance Auto November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Advance Auto help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Advance Auto Parts. We use our internally-developed statistical techniques to arrive at the intrinsic value of Advance Auto Parts based on widely used predictive technical indicators. In general, we focus on analyzing Advance Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Advance Auto's daily price indicators and compare them against related drivers.

Additional Tools for Advance Stock Analysis

When running Advance Auto's 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 the 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.