AAP has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
AAP has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Advance Auto Parts's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.34.
Advance Auto Parts's long-term debt to total assets ratio increased from Dec. 2023 (0.31) to Dec. 2024 (0.34). It may suggest that Advance Auto Parts is progressively becoming more dependent on debt to grow their business.
The historical data trend for Advance Auto Parts's LT-Debt-to-Total-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Advance Auto Parts Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
LT-Debt-to-Total-Asset | Get a 7-Day Free Trial |
![]() |
![]() |
0.26 | 0.28 | 0.29 | 0.31 | 0.34 |
Advance Auto Parts Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
LT-Debt-to-Total-Asset | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
0.31 | 0.33 | 0.32 | 0.31 | 0.34 |
Advance Auto Parts's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as
LT Debt to Total Assets (A: Dec. 2024 ) | = | Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 ) | / | Total Assets (A: Dec. 2024 ) |
= | 3686.326 | / | 10798.109 | |
= | 0.34 |
Advance Auto Parts's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as
LT Debt to Total Assets (Q: Dec. 2024 ) | = | Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 ) | / | Total Assets (Q: Dec. 2024 ) |
= | 3686.326 | / | 10798.109 | |
= | 0.34 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Advance Auto Parts (NYSE:AAP) LT-Debt-to-Total-Asset Explanation
LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.
Thank you for viewing the detailed overview of Advance Auto Parts's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Tammy M Finley | officer: SVP, Human Resources | ADVANCE AUTO PARTS, INC., 5008 AIRPORT RD, ROANOKE VA 24012 |
Kristen L Soler | officer: EVP, Chief HR Officer | 12200 FOX VALLEY STREET, RALEIGH NC 27614 |
Jones Jeffrey J Ii | director | ONE H&R BLOCK WAY, KANSAS CITY MO 64105 |
Word Herman L Jr | officer: EVP, U.S. Stores & CQ Ind. | 1033 LINENHALL WAY, WAKE FOREST NC 27587 |
Carla Jean Bailo | director | 1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203 |
Lee Eugene I Jr | director | 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837 |
Shane M Okelly | director, officer: Director, President and CEO | 4200 SIX FORKS ROAD, RALEIGH NC 27609 |
Anthony A Iskander | officer: Interim CFO, SVP, Fin & Treas | 4200 SIX FORKS ROAD, RALEIGH NC 27609 |
Douglas A Pertz | director | 1801 BAYBERRY COURT, RICHMOND VA 23226 |
Joan M Hilson | director | 150 THORN HILL DRIVE, WARRENDALE PA 15086-7528 |
John Francis Ferraro | director | 9 WALNUT AVE, CAMBRIDGE MA 02140 |
Szilagyi J Stephen | officer: EVP Chief Supply Chain Officer | 15027 JUNE WASHAM ROAD, RALEIGH NC 27609 |
Pellicciotti William J Jr | officer: SVP, Controller and CAO | 4200 SIX FORKS ROAD, RALEIGH NC 27609 |
Robert B Cushing | officer: EVP, Commercial | 1432 FREEMAN LANE, PLEASANTON VA 94566 |
Sherice Torres | director | PO BOX 20833, SAN JOSE CA 95160 |
From GuruFocus
By GuruFocus News • 11-14-2024
By GuruFocus News • 11-14-2024
By Business Wire • 02-05-2025
By Khac Phu Nguyen • 11-14-2024
By GuruFocus News • 01-07-2025
By GuruFocus News • 01-04-2025
By Business Wire • 12-20-2024
By GuruFocus News • 02-19-2025
By Business Wire • 01-13-2025
By GuruFocus News • 02-07-2025
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.