Advance Auto Parts (AAP) Interest Expenses (2009 - 2016)
Advance Auto Parts (AAP) posted quarterly Interest Expenses of $18.9 million for Q2 2016, down 13.01% YoY from $21.8 million in Q2 2015, and up 37.18% sequentially from $13.8 million in Q1 2016.
Advance Auto Parts (AAP) Interest Expenses (2009 - 2016) Analysis & Trends
Advance Auto Parts has disclosed Interest Expenses across 8 years of filings, most recently posting $18.9 million for Q2 2016.
- In Q2 2016, Interest Expenses fell 13.01% year-over-year to $18.9 million; the TTM figure through Dec 2016 stood at $18.9 million (down 71.04% YoY), while the FY2016 annual figure was $65.4 million, down 10.9% from the prior year.
- Interest Expenses rose to $18.9 million in Q2 2016, from $13.8 million in the prior quarter.
- Over the last five years, Interest Expenses for AAP reached as high as $23.6 million in Q2 2014 and fell as low as $7.9 million in Q3 2012.
- The 5-year median for Interest Expenses is $13.8 million (2016), against an average of $13.4 million.
- Annual changes were most pronounced in 2014 — Interest Expenses surged 121.78% — and 2016, when it decreased 18.78%.
- A 5-year view of Interest Expenses shows it stood at $8.0 million in 2012, then rose by 24.95% to $10.0 million in 2013, then jumped by 59.25% to $15.9 million in 2014, then retreated by 9.55% to $14.4 million in 2015, then jumped by 31.69% to $18.9 million in 2016.
- According to Business Quant data, Interest Expenses over the past three periods registered $18.9 million, $13.8 million, and $14.4 million for Q2 2016, Q1 2016, and Q4 2015 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (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 | 43.95 Mn |
| 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 | 89.00 Mn |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 26.00 Mn |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 8.90 Mn |
| 10 | Mobileye Global | 7.90 Bn | 6.68 Bn | 275.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 23, 2016 | 18.94 Mn |
| Apr 23, 2016 | 18.94 Mn |
| Jan 2, 2016 | 13.81 Mn |
| Jan 2, 2016 | 13.81 Mn |
| Oct 10, 2015 | 14.38 Mn |
| Oct 10, 2015 | 14.38 Mn |
| Jul 18, 2015 | 15.44 Mn |
| Jul 18, 2015 | 15.44 Mn |
| Apr 25, 2015 | 21.78 Mn |
| Apr 25, 2015 | 21.78 Mn |
| Jan 3, 2015 | 17.00 Mn |
| Jan 3, 2015 | 17.00 Mn |
| Oct 4, 2014 | 15.90 Mn |
| Oct 4, 2014 | 15.90 Mn |
| Jul 12, 2014 | 16.86 Mn |
| Jul 12, 2014 | 16.86 Mn |
| Apr 19, 2014 | 23.64 Mn |
| Apr 19, 2014 | 23.64 Mn |
| Dec 28, 2013 | 9.99 Mn |
| Dec 28, 2013 | 9.99 Mn |