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
DateValue
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