Advance Auto Parts (AAP) Interest Coverage Ratio (2009 - 2016)
Advance Auto Parts (AAP) posted quarterly Interest Coverage Ratio of 14.31 for Q2 2016, up 18.67% YoY from 12.06 in Q2 2015, and up 64.43% sequentially from 8.7 in Q1 2016.
Advance Auto Parts (AAP) Interest Coverage Ratio (2009 - 2016) Analysis & Trends
Advance Auto Parts has disclosed Interest Coverage Ratio across 8 years of filings, most recently posting 14.31 for Q2 2016.
- In Q2 2016, Interest Coverage Ratio rose 18.67% year-over-year to 14.31; the TTM figure through Dec 2016 stood at 41.58 (up 221.74% YoY), while the FY2016 annual figure was 12.63, up 8.81% from the prior year.
- Interest Coverage Ratio improved to 14.31 in Q2 2016, from 8.7 in the prior quarter.
- Over the last five years, Interest Coverage Ratio for AAP reached as high as 59.05 in Q1 2015 and fell as low as 8.7 in Q1 2016.
- The 5-year median for Interest Coverage Ratio is 14.31 (2016), against an average of 18.48.
- Annual changes were most pronounced in 2015 — Interest Coverage Ratio soared 549.09% — and 2016, when it plunged 85.27%.
- A 5-year view of Interest Coverage Ratio shows it stood at 14.16 in 2012, then slumped by 35.77% to 9.1 in 2013, then jumped by 44.57% to 13.15 in 2014, then increased by 8.64% to 14.29 in 2015, then increased by 0.12% to 14.31 in 2016.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 14.31, 8.7, and 14.29 for Q2 2016, Q1 2016, and Q4 2015 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | - |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | - |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | - |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 6.51 |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | - |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | - |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 4.25 |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 9.12 |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 10.03 |
| 10 | Mobileye Global | 7.90 Bn | 6.68 Bn | 275.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 23, 2016 | 14.31 |
| Jan 2, 2016 | 8.70 |
| Oct 10, 2015 | 14.29 |
| Jul 18, 2015 | 16.65 |
| Apr 25, 2015 | 12.06 |
| Jan 3, 2015 | 59.05 |
| Oct 4, 2014 | 13.15 |
| Jul 12, 2014 | 14.27 |
| Apr 19, 2014 | 10.82 |
| Dec 28, 2013 | 9.10 |
| Oct 5, 2013 | 21.48 |
| Jul 13, 2013 | 24.26 |
| Apr 20, 2013 | 19.14 |
| Dec 29, 2012 | 14.16 |
| Oct 6, 2012 | 18.68 |
| Jul 14, 2012 | 21.29 |
| Apr 21, 2012 | 22.79 |
| Dec 31, 2011 | 22.06 |
| Oct 8, 2011 | 21.82 |
| Jul 16, 2011 | 23.60 |