Lowes Depreciation And Amortization vs Reconciled Depreciation 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 Depreciation And Amortization and its Reconciled Depreciation 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.

Depreciation And Amortization vs Reconciled Depreciation

Depreciation And Amortization vs Reconciled Depreciation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lowes Companies Depreciation And Amortization account and Reconciled Depreciation. At this time, the significance of the direction appears to have very week relationship.
The correlation between Lowes Companies' Depreciation And Amortization and Reconciled Depreciation is 0.23. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Reconciled Depreciation 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' Depreciation And Amortization and Reconciled Depreciation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Lowes Companies are associated (or correlated) with its Reconciled Depreciation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Reconciled Depreciation has no effect on the direction of Depreciation And Amortization i.e., Lowes Companies' Depreciation And Amortization and Reconciled Depreciation go up and down completely randomly.

Correlation Coefficient

0.23
Relationship DirectionPositive 
Relationship StrengthVery Weak

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Reconciled Depreciation

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 Expense897M1.2B1.5B1.6B
Depreciation And Amortization1.9B2.0B1.9B1.0B

Lowes Companies fundamental ratios Correlations

0.510.720.79-0.130.930.48-0.140.510.930.070.550.15-0.640.50.740.640.00.60.760.590.780.40.150.620.13
0.510.920.85-0.870.31.0-0.870.320.3-0.280.35-0.34-0.751.00.930.820.010.990.90.40.840.72-0.180.59-0.26
0.720.920.96-0.70.530.9-0.70.480.52-0.280.51-0.25-0.770.910.980.820.010.950.970.470.950.57-0.10.74-0.14
0.790.850.96-0.60.60.83-0.610.510.59-0.240.540.0-0.820.830.970.910.00.910.970.660.990.51-0.120.69-0.15
-0.13-0.87-0.7-0.60.15-0.881.0-0.150.150.56-0.170.450.71-0.86-0.68-0.650.01-0.82-0.64-0.24-0.59-0.430.55-0.380.63
0.930.30.530.60.150.280.150.351.00.330.380.19-0.370.290.570.440.070.40.570.460.590.40.460.470.45
0.481.00.90.83-0.880.28-0.880.240.29-0.270.27-0.36-0.750.990.920.820.030.980.870.390.820.72-0.170.54-0.25
-0.14-0.87-0.7-0.611.00.15-0.88-0.150.140.56-0.170.460.7-0.87-0.68-0.650.02-0.82-0.64-0.24-0.59-0.440.54-0.390.62
0.510.320.480.51-0.150.350.24-0.150.33-0.211.00.19-0.350.30.440.33-0.30.380.590.290.550.13-0.130.76-0.12
0.930.30.520.590.151.00.290.140.330.360.350.21-0.390.30.560.440.080.40.560.460.580.420.450.440.43
0.07-0.28-0.28-0.240.560.33-0.270.56-0.210.36-0.220.170.4-0.24-0.18-0.30.32-0.25-0.2-0.23-0.230.380.79-0.240.76
0.550.350.510.54-0.170.380.27-0.171.00.35-0.220.17-0.370.330.480.35-0.280.410.620.30.580.15-0.120.8-0.11
0.15-0.34-0.250.00.450.19-0.360.460.190.210.170.17-0.07-0.39-0.170.110.21-0.28-0.110.53-0.02-0.260.02-0.080.08
-0.64-0.75-0.77-0.820.71-0.37-0.750.7-0.35-0.390.4-0.37-0.07-0.72-0.77-0.84-0.13-0.77-0.76-0.68-0.8-0.30.53-0.460.58
0.51.00.910.83-0.860.290.99-0.870.30.3-0.240.33-0.39-0.720.920.780.00.990.890.330.820.75-0.130.59-0.22
0.740.930.980.97-0.680.570.92-0.680.440.56-0.180.48-0.17-0.770.920.87-0.020.970.990.530.970.66-0.030.69-0.09
0.640.820.820.91-0.650.440.82-0.650.330.44-0.30.350.11-0.840.780.870.10.850.850.80.880.45-0.260.44-0.29
0.00.010.010.00.010.070.030.02-0.30.080.32-0.280.21-0.130.0-0.020.10.0-0.060.17-0.040.110.09-0.080.08
0.60.990.950.91-0.820.40.98-0.820.380.4-0.250.41-0.28-0.770.990.970.850.00.950.440.90.71-0.130.64-0.2
0.760.90.970.97-0.640.570.87-0.640.590.56-0.20.62-0.11-0.760.890.990.85-0.060.950.540.980.62-0.050.77-0.1
0.590.40.470.66-0.240.460.39-0.240.290.46-0.230.30.53-0.680.330.530.80.170.440.540.610.08-0.270.29-0.25
0.780.840.950.99-0.590.590.82-0.590.550.58-0.230.58-0.02-0.80.820.970.88-0.040.90.980.610.51-0.110.71-0.14
0.40.720.570.51-0.430.40.72-0.440.130.420.380.15-0.26-0.30.750.660.450.110.710.620.080.510.420.40.31
0.15-0.18-0.1-0.120.550.46-0.170.54-0.130.450.79-0.120.020.53-0.13-0.03-0.260.09-0.13-0.05-0.27-0.110.420.020.99
0.620.590.740.69-0.380.470.54-0.390.760.44-0.240.8-0.08-0.460.590.690.44-0.080.640.770.290.710.40.02-0.01
0.13-0.26-0.14-0.150.630.45-0.250.62-0.120.430.76-0.110.080.58-0.22-0.09-0.290.08-0.2-0.1-0.25-0.140.310.99-0.01
Click cells to compare fundamentals

Lowes Companies Account Relationship Matchups

Lowes Companies fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets39.5B46.7B44.6B43.7B43.4B22.3B
Short Long Term Debt Total23.8B26.2B29.4B38.0B40.1B42.2B
Other Current Liab3.3B4.6B4.9B5.8B4.4B4.7B
Total Current Liabilities15.2B18.7B19.7B19.5B15.6B16.3B
Total Stockholder Equity2.0B1.4B(4.8B)(14.3B)(15.1B)(14.3B)
Property Plant And Equipment Net22.6B23.0B23.2B21.1B21.4B13.3B
Net Debt23.0B21.5B28.3B36.6B39.2B41.2B
Retained Earnings1.7B1.1B(5.1B)(14.9B)(15.6B)(14.9B)
Cash716M4.7B1.1B1.3B921M612.0M
Non Current Assets Total24.2B24.4B24.6B22.3B24.3B14.2B
Non Currrent Assets Other702M571M205M(115M)838M879.9M
Cash And Short Term Investments876M5.2B1.4B1.7B1.2B789.4M
Common Stock Shares Outstanding778M750M699M631M584M966.3M
Liabilities And Stockholders Equity39.5B46.7B44.6B43.7B43.4B22.3B
Non Current Liabilities Total22.3B26.6B29.8B38.5B42.8B45.0B
Inventory13.2B16.2B17.6B18.5B16.9B17.7B
Other Current Assets1.3B937M1.1B1.2B949M996.5M
Other Stockholder Equity381M90M(36M)307M276.3M262.5M
Total Liab37.5B45.3B49.5B58.0B58.4B61.3B
Total Current Assets15.3B22.3B20.1B21.4B19.1B20.0B
Short Term Debt3.0B1.7B1.5B1.6B1.0B597.7M
Accounts Payable7.7B10.9B11.4B10.5B8.7B9.1B
Property Plant And Equipment Gross22.6B23.0B19.1B17.6B39.5B41.5B
Common Stock Total Equity381M366M335M301M346.2M518.9M
Short Term Investments218M160M506M271M384M266.9M
Common Stock381M366M335M301M287M494.5M
Other Assets1.3B1.1B21.2B1.1B1.2B1.8B
Long Term Debt16.8B20.7B23.9B32.9B35.4B37.2B
Property Plant Equipment18.7B23.0B23.2B21.1B24.2B19.7B
Current Deferred Revenue1.2B1.6B1.9B1.6B1.4B1.0B
Net Tangible Assets1.7B1.1B(4.8B)(14.3B)(12.8B)(12.2B)
Retained Earnings Total Equity1.7B1.1B(5.1B)(14.9B)(13.4B)(12.7B)
Long Term Debt Total16.8B20.7B23.9B32.9B37.8B39.7B
Long Term Investments372M200M199M121M108.9M103.5M
Non Current Liabilities Other5.5B991M781M862M931M1.6B

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When determining whether Lowes Companies is a strong investment it is important to analyze Lowes Companies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lowes Companies' future performance. For an informed investment choice regarding Lowes Stock, refer to the following important reports:
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.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Lowes Companies' price analysis, check to measure Lowes Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lowes Companies is operating at the current time. Most of Lowes Companies' value examination focuses on studying past and present price action to predict the probability of Lowes Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lowes Companies' price. Additionally, you may evaluate how the addition of Lowes Companies to your portfolios can decrease your overall portfolio volatility.
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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.