Switch to:

Advance Auto Parts Cash-to-Debt

: 0.35 (As of Sep. 2020)
View and export this data going back to 2001. Start your Free Trial

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Advance Auto Parts's cash to debt ratio for the quarter that ended in Sep. 2020 was 0.35.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Advance Auto Parts couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2020.

NYSE:AAP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02   Med: 0.12   Max: No Debt
Current: 0.35

0.02
No Debt

During the past 13 years, Advance Auto Parts's highest Cash to Debt Ratio was No Debt. The lowest was 0.02. And the median was 0.12.

NYSE:AAP's Cash-to-Debt is ranked lower than
60% of the 1033 Companies
in the Retail - Cyclical industry.

( Industry Median: 0.51 vs. NYSE:AAP: 0.35 )

Advance Auto Parts Cash-to-Debt 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
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.13 0.52 0.86 0.15

Advance Auto Parts Quarterly Data
Dec14 Apr15 Sep15 Dec15 Apr16 Sep16 Dec16 Apr17 Sep17 Dec17 Apr18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Cash-to-Debt 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 0.21 0.15 0.34 0.35 0.35

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Advance Auto Parts Cash-to-Debt Distribution

* The bar in red indicates where Advance Auto Parts's Cash-to-Debt falls into.



Advance Auto Parts Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Advance Auto Parts's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Advance Auto Parts's Cash to Debt Ratio for the quarter that ended in Sep. 2020 is calculated as:

* 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) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Advance Auto Parts Cash-to-Debt Related Terms


Advance Auto Parts Cash-to-Debt Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)