Advance Auto Parts Inc (AAP) — Net Asset Quality Index
Advance Auto Parts Inc (AAP) has a Net Asset Quality Index of 18.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $11.80 Billion minus total liabilities of $9.59 Billion yields net assets of $2.21 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does Advance Auto Parts Inc carry for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Advance Auto Parts Inc Net Asset Quality Index Over Time (1998–2025)
This chart shows how Advance Auto Parts Inc's Net Asset Quality Index has evolved across 28 annual periods from 1998 to 2025. As of March 2026, the index stands at 18.8%, representing net assets of $2.21 Billion against total assets of $11.80 Billion USD. For live market cap and overall valuation, see market cap of Advance Auto Parts Inc.
Annual Net Asset Quality Index for Advance Auto Parts Inc (1998–2025)
The table below presents the year-by-year Net Asset Quality Index for Advance Auto Parts Inc from 1998 to 2025, covering 28 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check Advance Auto Parts Inc (AAP) strategic investment index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 18.6% | $2.20 Billion | $11.83 Billion | $9.63 Billion | ▼ -1.5 pp |
| 2024 | 20.1% | $2.17 Billion | $10.80 Billion | $8.63 Billion | ▼ -0.4 pp |
| 2023 | 20.5% | $2.52 Billion | $12.28 Billion | $9.76 Billion | ▼ -1.2 pp |
| 2022 | 21.7% | $2.60 Billion | $11.99 Billion | $9.39 Billion | ▼ -4.0 pp |
| 2021 | 25.7% | $3.13 Billion | $12.19 Billion | $9.07 Billion | ▼ -4.4 pp |
| 2020 | 30.1% | $3.56 Billion | $11.84 Billion | $8.28 Billion | ▼ -1.5 pp |
| 2019 | 31.6% | $3.55 Billion | $11.25 Billion | $7.70 Billion | ▼ -7.7 pp |
| 2018 | 39.3% | $3.55 Billion | $9.04 Billion | $5.49 Billion | ▼ -1.0 pp |
| 2017 | 40.3% | $3.42 Billion | $8.48 Billion | $5.07 Billion | ▲ +5.2 pp |
| 2016 | 35.1% | $2.92 Billion | $8.32 Billion | $5.40 Billion | ▲ +4.8 pp |
| 2015 | 30.3% | $2.46 Billion | $8.13 Billion | $5.67 Billion | ▲ +5.1 pp |
| 2014 | 25.2% | $2.00 Billion | $7.96 Billion | $5.96 Billion | ▼ -2.1 pp |
| 2013 | 27.2% | $1.52 Billion | $5.56 Billion | $4.05 Billion | ▲ +1.0 pp |
| 2012 | 26.2% | $1.21 Billion | $4.61 Billion | $3.40 Billion | ▲ +3.0 pp |
| 2011 | 23.2% | $847.91 Million | $3.66 Billion | $2.81 Billion | ▼ -7.8 pp |
| 2010 | 31.0% | $1.04 Billion | $3.35 Billion | $2.31 Billion | ▼ -10.7 pp |
| 2009 | 41.7% | $1.28 Billion | $3.07 Billion | $1.79 Billion | ▲ +5.5 pp |
| 2008 | 36.3% | $1.08 Billion | $2.96 Billion | $1.89 Billion | ▼ -0.2 pp |
| 2007 | 36.5% | $1.02 Billion | $2.81 Billion | $1.78 Billion | ▼ -1.9 pp |
| 2006 | 38.4% | $1.03 Billion | $2.68 Billion | $1.65 Billion | ▲ +2.2 pp |
| 2005 | 36.2% | $919.77 Million | $2.54 Billion | $1.62 Billion | ▲ +3.4 pp |
| 2004 | 32.8% | $722.32 Million | $2.20 Billion | $1.48 Billion | ▲ +1.0 pp |
| 2003 | 31.8% | $631.24 Million | $1.98 Billion | $1.35 Billion | ▲ +8.0 pp |
| 2002 | 23.8% | $468.36 Million | $1.97 Billion | $1.50 Billion | ▲ +9.0 pp |
| 2001 | 14.8% | $288.57 Million | $1.95 Billion | $1.66 Billion | ▲ +3.3 pp |
| 2000 | 11.5% | $156.27 Million | $1.36 Billion | $1.20 Billion | ▲ +1.6 pp |
| 1999 | 9.9% | $133.95 Million | $1.35 Billion | $1.21 Billion | ▼ -2.6 pp |
| 1998 | 12.6% | $159.09 Million | $1.27 Billion | $1.11 Billion | — |