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Advance Auto Parts Equity-to-Asset

: 0.31 (As of Sep. 2020)
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Equity to Asset ratio is calculated as shareholder's tangible equity divided by its total asset. Advance Auto Parts's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $3,763 Mil. Advance Auto Parts's Total Assets for the quarter that ended in Sep. 2020 was $11,973 Mil. Therefore, Advance Auto Parts's Equity to Asset Ratio for the quarter that ended in Sep. 2020 was 0.31.

NYSE:AAP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.32   Max: 0.42
Current: 0.31

0.15
0.42

During the past 13 years, the highest Equity to Asset Ratio of Advance Auto Parts was 0.42. The lowest was 0.15. And the median was 0.32.

NYSE:AAP's Equity-to-Asset is ranked lower than
65% of the 1014 Companies
in the Retail - Cyclical industry.

( Industry Median: 0.41 vs. NYSE:AAP: 0.31 )

Advance Auto Parts Equity-to-Asset 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
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.35 0.40 0.39 0.32

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
Equity-to-Asset 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 0.31 0.32 0.29 0.31 0.31

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 Equity-to-Asset Distribution

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



Advance Auto Parts Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing shareholder's tangible equity divided by its total asset.

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

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=3549.081/11248.525
=0.32

Advance Auto Parts's Equity to Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

Equity to Asset (Q: Sep. 2020 )=Total Stockholders Equity/Total Assets
=3762.664/11972.763
=0.31

* 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) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Advance Auto Parts Equity-to-Asset Related Terms


Advance Auto Parts Equity-to-Asset Headlines

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