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Advance Auto Parts Interest Expense

: $-50 Mil (TTM As of Jun. 2019)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Advance Auto Parts's interest expense for the three months ended in Jun. 2019 was $ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2019 was $-50 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Advance Auto Parts's Operating Income for the three months ended in Jun. 2019 was $ 171 Mil. Advance Auto Parts's Interest Expense for the three months ended in Jun. 2019 was $ -9 Mil. Advance Auto Parts's Interest Coverage for the quarter that ended in Jun. 2019 was 19.69. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Advance Auto Parts Interest Expense Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Advance Auto Parts Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -73.41 -65.41 -59.91 -58.80 -56.59

Advance Auto Parts Quarterly Data
Sep14 Dec14 Apr15 Jun15 Sep15 Dec15 Apr16 Jun16 Sep16 Dec16 Apr17 Jun17 Sep17 Dec17 Apr18 Jun18 Sep18 Dec18 Apr19 Jun19
Interest Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.86 -13.08 -12.98 -14.94 -8.68

Advance Auto Parts Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2019 was -13.076 (Sep. 2018 ) + -12.975 (Dec. 2018 ) + -14.944 (Apr. 2019 ) + -8.675 (Jun. 2019 ) = $-50 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Advance Auto Parts  (NYSE:AAP) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Advance Auto Parts's Interest Expense for the three months ended in Jun. 2019 was $-9 Mil. Its Operating Income for the three months ended in Jun. 2019 was $171 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2019 was $2,779 Mil.

Advance Auto Parts's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Interest Coverage=-1*Operating Income (Q: Jun. 2019 )/Interest Expense (Q: Jun. 2019 )
=-1*170.772/-8.675
=19.69

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

The higher the ratio, the stronger the company's financial strength is.


Advance Auto Parts Interest Expense Headlines

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