Advance Auto Parts Inc (AAP) - Total Assets
Based on the latest financial reports, Advance Auto Parts Inc (AAP) holds total assets worth $11.80 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore debt repayment capacity of Advance Auto Parts Inc to assess how comfortably operating cash covers total debt obligations.
Advance Auto Parts Inc - Total Assets Trend (1998–2025)
This chart illustrates how Advance Auto Parts Inc's total assets have evolved over time, based on quarterly financial data. See AAP net assets for net asset value and shareholders' equity analysis.
Advance Auto Parts Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Advance Auto Parts Inc's total assets of $11.80 Billion consist of 61.6% current assets and 38.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $3.12 Billion | 26.4% |
| Accounts Receivable | $380.00 Million | 3.2% |
| Inventory | $3.65 Billion | 30.8% |
| Property, Plant & Equipment | $3.43 Billion | 29.0% |
| Intangible Assets | $400.00 Million | 3.4% |
| Goodwill | $600.00 Million | 5.1% |
Asset Composition Trend (1998–2025)
This chart illustrates how Advance Auto Parts Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Advance Auto Parts Inc market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Advance Auto Parts Inc's current assets represent 61.6% of total assets in 2025, an increase from 60.2% in 1998.
- Cash Position: Cash and equivalents constituted 26.4% of total assets in 2025, up from 2.9% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is inventory at 30.8% of total assets.
Advance Auto Parts Inc Competitors by Total Assets
Key competitors of Advance Auto Parts Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Continental Aktiengesellschaft
F:CON
|
Germany | €17.79 Billion |
|
Shanghai Daimay Auto Interior
SHG:603730
|
China | CN¥7.60 Billion |
|
Aerospace Auto
SHG:600151
|
China | CN¥6.92 Billion |
|
Shriram Pistons & Rings Limited
NSE:SHRIPISTON
|
India | Rs40.29 Billion |
|
Ningbo Shuanglin Auto Parts
SHE:300100
|
China | CN¥6.78 Billion |
|
Aerospace Hi-Tech Holding Group Co Ltd
SHE:000901
|
China | CN¥7.20 Billion |
|
Zhejiang Jingu Co Ltd
SHE:002488
|
China | CN¥9.43 Billion |
|
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
SHE:002284
|
China | CN¥8.62 Billion |
Advance Auto Parts Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.78 | 1.27 | 1.27 |
| Quick Ratio | 0.85 | 0.49 | 0.37 |
| Cash Ratio | 0.00 | 0.35 | 0.17 |
| Working Capital | $3.19 Billion | $1.29 Billion | $1.32 Billion |
Advance Auto Parts Inc - Advanced Valuation Insights
This section examines the relationship between Advance Auto Parts Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.64 |
| Latest Market Cap to Assets Ratio | 0.30 |
| Asset Growth Rate (YoY) | 9.5% |
| Total Assets | $11.83 Billion |
| Market Capitalization | $3.59 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Advance Auto Parts Inc's assets below their book value (0.30x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Advance Auto Parts Inc's assets grew by 9.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Advance Auto Parts Inc (1998–2025)
The table below shows the annual total assets of Advance Auto Parts Inc from 1998 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $11.83 Billion | +9.52% |
| 2024-12-31 | $10.80 Billion | -12.04% |
| 2023-12-31 | $12.28 Billion | +2.42% |
| 2022-12-31 | $11.99 Billion | -1.70% |
| 2021-12-31 | $12.19 Billion | +2.99% |
| 2020-12-31 | $11.84 Billion | +5.26% |
| 2019-12-31 | $11.25 Billion | +24.42% |
| 2018-12-31 | $9.04 Billion | +6.58% |
| 2017-12-31 | $8.48 Billion | +2.01% |
| 2016-12-31 | $8.32 Billion | +2.30% |
| 2015-12-31 | $8.13 Billion | +2.08% |
| 2014-12-31 | $7.96 Billion | +43.09% |
| 2013-12-31 | $5.56 Billion | +20.61% |
| 2012-12-31 | $4.61 Billion | +26.21% |
| 2011-12-31 | $3.66 Billion | +8.99% |
| 2010-12-31 | $3.35 Billion | +9.15% |
| 2009-12-31 | $3.07 Billion | +3.67% |
| 2008-12-31 | $2.96 Billion | +5.65% |
| 2007-12-31 | $2.81 Billion | +4.58% |
| 2006-12-31 | $2.68 Billion | +5.53% |
| 2005-12-31 | $2.54 Billion | +15.45% |
| 2004-12-31 | $2.20 Billion | +11.04% |
| 2003-12-31 | $1.98 Billion | +0.91% |
| 2002-12-31 | $1.97 Billion | +0.75% |
| 2001-12-31 | $1.95 Billion | +43.81% |
| 2000-12-31 | $1.36 Billion | +0.57% |
| 1999-12-31 | $1.35 Billion | +6.58% |
| 1998-12-31 | $1.27 Billion | -- |
About Advance Auto Parts Inc
Advance Auto Parts, Inc. provides automotive aftermarket parts. The company offers batteries and battery accessories; belts and hoses; brakes and brake pads; chassis parts; climate control parts; clutches and drive shafts; engines and engine parts; exhaust systems and parts; hub assemblies; ignition components and wires; radiators and cooling parts; starters and alternators; and steering and alig… Read more