Lowes Accounts Payable vs Total Current Liabilities Analysis
LOW Stock | USD 229.87 0.09 0.04% |
Lowes Companies financial indicator trend analysis is infinitely more than just investigating Lowes Companies recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lowes Companies is a good investment. Please check the relationship between Lowes Companies Accounts Payable and its Total Current Liabilities accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lowes Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Lowes Stock please use our How to Invest in Lowes Companies guide.
Accounts Payable vs Total Current Liabilities
Accounts Payable vs Total Current Liabilities Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lowes Companies Accounts Payable account and Total Current Liabilities. At this time, the significance of the direction appears to have totally related.
The correlation between Lowes Companies' Accounts Payable and Total Current Liabilities is 0.99. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Total Current Liabilities in the same time period over historical financial statements of Lowes Companies, assuming nothing else is changed. The correlation between historical values of Lowes Companies' Accounts Payable and Total Current Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Lowes Companies are associated (or correlated) with its Total Current Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Liabilities has no effect on the direction of Accounts Payable i.e., Lowes Companies' Accounts Payable and Total Current Liabilities go up and down completely randomly.
Correlation Coefficient | 0.99 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Accounts Payable
An accounting item on the balance sheet that represents Lowes Companies obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Lowes Companies are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Total Current Liabilities
Total Current Liabilities is an item on Lowes Companies balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lowes Companies are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most indicators from Lowes Companies' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lowes Companies current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lowes Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Lowes Stock please use our How to Invest in Lowes Companies guide.At this time, Lowes Companies' Sales General And Administrative To Revenue is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 14.68 in 2024, whereas Selling General Administrative is likely to drop slightly above 10.8 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 897M | 1.2B | 1.5B | 1.6B | Depreciation And Amortization | 1.9B | 2.0B | 1.9B | 1.0B |
Lowes Companies fundamental ratios Correlations
Click cells to compare fundamentals
Lowes Companies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lowes Companies fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 39.5B | 46.7B | 44.6B | 43.7B | 43.4B | 22.3B | |
Short Long Term Debt Total | 23.8B | 26.2B | 29.4B | 38.0B | 40.1B | 42.2B | |
Other Current Liab | 3.3B | 4.6B | 4.9B | 5.8B | 4.4B | 4.7B | |
Total Current Liabilities | 15.2B | 18.7B | 19.7B | 19.5B | 15.6B | 16.3B | |
Total Stockholder Equity | 2.0B | 1.4B | (4.8B) | (14.3B) | (15.1B) | (14.3B) | |
Property Plant And Equipment Net | 22.6B | 23.0B | 23.2B | 21.1B | 21.4B | 13.3B | |
Net Debt | 23.0B | 21.5B | 28.3B | 36.6B | 39.2B | 41.2B | |
Retained Earnings | 1.7B | 1.1B | (5.1B) | (14.9B) | (15.6B) | (14.9B) | |
Cash | 716M | 4.7B | 1.1B | 1.3B | 921M | 612.0M | |
Non Current Assets Total | 24.2B | 24.4B | 24.6B | 22.3B | 24.3B | 14.2B | |
Non Currrent Assets Other | 702M | 571M | 205M | (115M) | 838M | 879.9M | |
Cash And Short Term Investments | 876M | 5.2B | 1.4B | 1.7B | 1.2B | 789.4M | |
Common Stock Shares Outstanding | 778M | 750M | 699M | 631M | 584M | 966.3M | |
Liabilities And Stockholders Equity | 39.5B | 46.7B | 44.6B | 43.7B | 43.4B | 22.3B | |
Non Current Liabilities Total | 22.3B | 26.6B | 29.8B | 38.5B | 42.8B | 45.0B | |
Inventory | 13.2B | 16.2B | 17.6B | 18.5B | 16.9B | 17.7B | |
Other Current Assets | 1.3B | 937M | 1.1B | 1.2B | 949M | 996.5M | |
Other Stockholder Equity | 381M | 90M | (36M) | 307M | 276.3M | 262.5M | |
Total Liab | 37.5B | 45.3B | 49.5B | 58.0B | 58.4B | 61.3B | |
Total Current Assets | 15.3B | 22.3B | 20.1B | 21.4B | 19.1B | 20.0B | |
Short Term Debt | 3.0B | 1.7B | 1.5B | 1.6B | 1.0B | 597.7M | |
Accounts Payable | 7.7B | 10.9B | 11.4B | 10.5B | 8.7B | 9.1B | |
Property Plant And Equipment Gross | 22.6B | 23.0B | 19.1B | 17.6B | 39.5B | 41.5B | |
Common Stock Total Equity | 381M | 366M | 335M | 301M | 346.2M | 518.9M | |
Short Term Investments | 218M | 160M | 506M | 271M | 384M | 266.9M | |
Common Stock | 381M | 366M | 335M | 301M | 287M | 494.5M | |
Other Assets | 1.3B | 1.1B | 21.2B | 1.1B | 1.2B | 1.8B | |
Long Term Debt | 16.8B | 20.7B | 23.9B | 32.9B | 35.4B | 37.2B | |
Property Plant Equipment | 18.7B | 23.0B | 23.2B | 21.1B | 24.2B | 19.7B | |
Current Deferred Revenue | 1.2B | 1.6B | 1.9B | 1.6B | 1.4B | 1.0B | |
Net Tangible Assets | 1.7B | 1.1B | (4.8B) | (14.3B) | (12.8B) | (12.2B) | |
Retained Earnings Total Equity | 1.7B | 1.1B | (5.1B) | (14.9B) | (13.4B) | (12.7B) | |
Long Term Debt Total | 16.8B | 20.7B | 23.9B | 32.9B | 37.8B | 39.7B | |
Long Term Investments | 372M | 200M | 199M | 121M | 108.9M | 103.5M | |
Non Current Liabilities Other | 5.5B | 991M | 781M | 862M | 931M | 1.6B |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lowes Companies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Lowes Stock please use our How to Invest in Lowes Companies guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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Is Lowes Companies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lowes Companies. If investors know Lowes will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lowes Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.118 | Dividend Share 4.35 | Earnings Share 13.2 | Revenue Per Share 148.414 | Quarterly Revenue Growth (0.17) |
The market value of Lowes Companies is measured differently than its book value, which is the value of Lowes that is recorded on the company's balance sheet. Investors also form their own opinion of Lowes Companies' value that differs from its market value or its book value, called intrinsic value, which is Lowes Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lowes Companies' market value can be influenced by many factors that don't directly affect Lowes Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lowes Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lowes Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lowes Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.