Advance Historical Balance Sheet

AAP Stock  USD 70.24  0.48  0.68%   
Trend analysis of Advance Auto Parts balance sheet accounts such as Total Stockholder Equity of 1.8 B, Net Debt of 4.1 B or Cash of 279.7 M provides information on Advance Auto's total assets, liabilities, and equity, which is the actual value of Advance Auto Parts to its prevalent stockholders. By breaking down trends over time using Advance Auto balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining Advance Auto Parts latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Advance Auto Parts is a good buy for the upcoming year.

Advance Auto Inventory

2.85 Billion

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advance Auto Parts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.

About Advance Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Advance Auto Parts at a specified time, usually calculated after every quarter, six months, or one year. Advance Auto Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Advance Auto and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Advance currently owns. An asset can also be divided into two categories, current and non-current.

Advance Auto Balance Sheet Chart

Advance Auto Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Advance Auto Parts uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Advance Auto's Property Plant And Equipment Net is relatively stable compared to the past year. As of 05/22/2024, Current Deferred Revenue is likely to grow to about 160.7 M, while Other Assets are likely to drop 0.95.

Total Assets

Total assets refers to the total amount of Advance Auto assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Advance Auto Parts books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Cash

Cash refers to the most liquid asset of Advance Auto Parts, which is listed under current asset account on Advance Auto Parts balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Advance Auto customers. The amounts must be unrestricted with restricted cash listed in a different Advance Auto account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Advance Auto Parts balance sheet. This account contains Advance Auto investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Advance Auto Parts fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.
Most accounts from Advance Auto's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Advance Auto Parts current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advance Auto Parts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
At this time, Advance Auto's Property Plant And Equipment Net is relatively stable compared to the past year. As of 05/22/2024, Current Deferred Revenue is likely to grow to about 160.7 M, while Other Assets are likely to drop 0.95.
 2021 2022 2023 2024 (projected)
Total Stockholder Equity3.1B2.7B2.5B1.8B
Total Assets12.2B12.0B13.0B13.7B

Advance Auto balance sheet Correlations

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Advance Auto Account Relationship Matchups

Advance Auto balance sheet Accounts

201920202021202220232024 (projected)
Total Assets11.2B11.8B12.2B12.0B13.0B13.7B
Total Stockholder Equity3.5B3.6B3.1B2.7B2.5B1.8B
Net Debt2.3B2.2B2.8B3.4B3.9B4.1B
Cash418.7M835.0M601.4M269.3M503.5M279.7M
Other Assets52.4M52.3M73.7M62.4M1.00.95
Cash And Short Term Investments418.7M835.0M601.4M269.3M503.5M279.7M
Common Stock Shares Outstanding71.2M69.0M64.5M60.7M59.6M66.6M
Liabilities And Stockholders Equity11.2B11.8B12.2B12.0B13.0B13.7B
Inventory4.4B4.5B4.7B4.9B4.9B2.9B
Other Stockholder Equity(189.2M)(610.4M)(1.5B)(2.0B)(2.0B)(1.9B)
Total Liab7.7B8.3B9.1B9.3B10.5B11.0B
Total Current Assets5.7B6.3B6.3B6.0B6.4B3.6B
Short Long Term Debt Total2.8B3.0B3.4B3.7B4.4B4.7B
Other Current Liab1.1B1.1B1.3B645.9M565.6M338.0M
Total Current Liabilities4.5B4.7B5.2B5.4B5.3B2.9B
Other Liab457.3M488.7M513.6M503.2M578.7M607.6M
Property Plant And Equipment Net3.8B3.8B4.2B4.3B4.2B4.4B
Current Deferred Revenue(478.0M)(462.6M)(465.1M)416.0M118.8M160.7M
Retained Earnings3.8B4.2B4.6B4.7B4.6B4.8B
Accounts Payable3.4B3.6B3.9B4.1B4.2B2.2B
Non Current Assets Total5.6B5.6B5.9B6.0B6.6B7.0B
Non Currrent Assets Other52.4M52.3M73.7M(353.6M)(143.9M)(136.7M)
Long Term Debt747.3M1.0B1.0B1.2B1.8B1.9B
Net Receivables689.5M750.0M782.8M698.6M800.1M840.1M
Non Current Liabilities Total3.2B3.5B3.9B4.0B5.2B5.4B
Other Current Assets155.2M146.8M232.2M163.7M215.7M226.5M
Property Plant And Equipment Gross3.8B3.8B1.5B4.3B7.1B7.4B
Accumulated Other Comprehensive Income(34.6M)(26.8M)(22.6M)(45.1M)(52.2M)(49.6M)
Short Term Debt478.0M462.6M465.1M185M445.1M467.3M
Property Plant Equipment1.4B1.5B1.5B4.3B4.9B5.2B
Treasury Stock(426.0M)(924.4M)(1.4B)(2.3B)(2.1B)(2.0B)
Good Will992.2M993.6M993.7M990.5M991.7M608.6M
Intangible Assets709.8M681.1M651.2M620.9M593.3M393.2M
Net Tangible Assets3.9B4.9B2.5B1.1B1.2B2.0B
Retained Earnings Total Equity3.3B3.8B4.2B4.6B5.3B2.7B
Long Term Debt Total747.3M1.0B1.0B1.2B1.4B1.0B
Capital Surpluse735.2M783.7M845.4M897.6M1.0B723.8M
Deferred Long Term Liab303.6M318.4M334.0M342.4M393.8M218.7M

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When determining whether Advance Auto Parts is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Advance Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Advance Auto Parts Stock. Highlighted below are key reports to facilitate an investment decision about Advance Auto Parts Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Advance Auto Parts. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Advance Auto Parts information on this page should be used as a complementary analysis to other Advance Auto's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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Is Advance Auto's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Advance Auto. If investors know Advance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Advance Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.40)
Dividend Share
2.25
Earnings Share
0.5
Revenue Per Share
189.925
Quarterly Revenue Growth
(0)
The market value of Advance Auto Parts is measured differently than its book value, which is the value of Advance that is recorded on the company's balance sheet. Investors also form their own opinion of Advance Auto's value that differs from its market value or its book value, called intrinsic value, which is Advance Auto's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Advance Auto's market value can be influenced by many factors that don't directly affect Advance Auto's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Advance Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advance Auto is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advance Auto's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.