Advance Auto Parts

Halal Rating :
Comfortable
Last Price $30.9
Market Cap $1.85b
1D Change

-2.59 %

1 Year Change

-52.18 %

Next Earnings Date

Yet to be announced

Company Overview

Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. As of January 2, 2022, it operated 4,706 stores and 266 branches in the United States, Puerto Rico, the U.S. Virgin Islands, Canada, and Canada.

Revenue Sources

Pass

Based on SEC filings and company reports, Advance Auto Parts' revenue comes primarily from the sale of automotive parts and related services. These are halal products and services that serve a legitimate need in maintaining and repairing vehicles. There is no evidence of revenue from prohibited sources such as alcohol, tobacco, gambling, or other haram activities.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Dec. 28, 2024 $857.03m $1.73b - - 0.00% 0.00%
Oct. 5, 2024 $2.15b $2.15b - - 0.00% 0.00%
July 13, 2024 $2.68b $2.61b - - 0.00% 0.00%
April 20, 2024 $3.41b $3.32b - - 0.00% 0.00%

Looking at the financial data from the last four quarters, Advance Auto Parts shows zero interest income and zero interest expense in their financial statements. This indicates that interest-bearing activities are not a material part of their business model.

Operational Ethics

Pass

After reviewing available information, there is no evidence of current material business relationships or ongoing projects with the state of Israel or direct involvement with the Chinese Communist Party. The company's operations are primarily focused in North America.

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