Advance Auto Corporate Bonds

Advance Auto Parts Inc -- USA Stock  

USD 90.5  1.23  1.38%

Advance Auto financial leverage is the degree to which the firm utilises its fixed-income securities. Companies with high leverage are usually considered to be at financial risk. Advance Auto Parts financial risk is the risk to Advance Auto stockholders that is caused by an increase in debt. In other words with a high degree of financial leverage come high interest payments which usually reduces Earnings Per Share (EPS). Check also analysis of Advance Auto Fundamentals Over Time

Advance Auto Financial Leverage Over Time

Interest burden is a component of DuPont return on equity analysis calculated by dividing Earnings before Tax by Earning Before Interest and Taxes EBIT . This will be 1 for a company with no Interest Expense.
 Financial Leverage 
      Timeline 

Advance Auto Leverage Ratio Over Time

Leverage Ratio is a measure of a firms financial leverage, calculated by dividing Average Assets by Average Equity. A component of DuPont return on equity analysis.
 Leverage Ratio 
      Timeline 

Advance Auto Corporate Bonds Issued

 
Piotroski F Score   
7  Strong
Issue DateMaturityCouponRef CouponS&P Rating
00751YAA4 5.75%04/29/201005/01/20205.751.5
BBB-
00751YAB2 4.5%01/17/201201/15/20224.52.0
BBB-
00751YAC0 4.5%12/03/201312/01/20234.52.25
BBB-
Acceptable
Total Macroaxis Rating
 
BBB-
Average S&P Rating

Advance Auto Debt Analysis

The company has 1.04 B in debt with debt to equity (D/E) ratio of 33.3 . This implies that the company may be unable to create cash to meet all of its financial commitments. Advance Auto Parts Inc has Current Ratio of 1.45 which is typical for the industry and considered as normal.

Current Liquidity

Debt to Cash Allocation

Debt

Advance Auto Debt Growth Over Time

Total Debt

Debt Current