Advance Auto Parts (FRA:AWN) LT-Debt-to-Total-Asset : 0.32 (As of Mar. 2025)

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What is Advance Auto Parts LT-Debt-to-Total-Asset?

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 Mar. 2025 was 0.32.

Advance Auto Parts's long-term debt to total assets ratio increased from Mar. 2024 (0.00) to Mar. 2025 (0.32). It may suggest that Advance Auto Parts is progressively becoming more dependent on debt to grow their business.

Advance Auto Parts LT-Debt-to-Total-Asset Historical Data

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.

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Advance Auto Parts LT-Debt-to-Total-Asset Chart

Advance Auto Parts Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.26

0.28

0.29

0.31

0.34

Advance Auto Parts Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	0.32	0.31	0.34	0.32

Advance Auto Parts LT-Debt-to-Total-Asset Calculation

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 )
	=	3520.441	/	10312.194
	=	0.34

Advance Auto Parts's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )	/	Total Assets (Q: Mar. 2025 )
	=	3119.1	/	9820.725
	=	0.32

Advance Auto Parts (FRA:AWN) 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.

Advance Auto Parts LT-Debt-to-Total-Asset Related Terms

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Advance Auto Parts Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Advance Auto Parts Inc (FRA:AWN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

AAP:USA AAP:Mexico 0H9G:UK AWN:Germany A1AP34:Brazil AAP:Argentina

Address

4200 Six Forks Road, Raleigh, NC, USA, 27609

Website

https://www.advanceautoparts.com

Advance Auto Parts is a leading auto-parts retailer in North America with more than 4,000 store and branch locations. About half of the firm's sales are geared toward the professional channel, with the remaining sales in the do-it-yourself market. Through its vast store footprint and distribution network, Advance manages thousands of stock-keeping units for various vehicle makes and models. The retailer primarily competes on the basis of inventory availability and service speed, making the operating efficiency of its hub-and-spoke distribution model critical to meeting customer needs.

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