Lowes Other Operating Expenses vs Ebitda Analysis

LOW Stock  USD 261.00  4.37  1.70%   
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 Other Operating Expenses and its Ebitda 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 closely tied 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.

Other Operating Expenses vs Ebitda

Other Operating Expenses vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lowes Companies Other Operating Expenses account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Lowes Companies' Other Operating Expenses and Ebitda is 0.91. Overlapping area represents the amount of variation of Other Operating Expenses that can explain the historical movement of Ebitda 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' Other Operating Expenses and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Operating Expenses of Lowes Companies are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Other Operating Expenses i.e., Lowes Companies' Other Operating Expenses and Ebitda go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lowes Companies. It is also known as Lowes Companies overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Ebitda

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 closely tied 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 Amortization2.4B2.5B1.9B1.0B

Lowes Companies fundamental ratios Correlations

0.510.720.79-0.130.930.48-0.140.510.930.080.550.15-0.640.50.740.640.00.60.760.590.780.40.150.620.13
0.510.920.85-0.870.31.0-0.870.320.3-0.260.35-0.34-0.751.00.930.820.010.990.90.40.840.72-0.180.59-0.26
0.720.920.96-0.70.530.9-0.70.480.52-0.270.51-0.25-0.770.910.980.820.010.950.970.470.950.57-0.10.74-0.14
0.790.850.96-0.60.60.83-0.610.510.59-0.230.540.0-0.820.830.970.910.00.910.970.660.990.51-0.120.69-0.15
-0.13-0.87-0.7-0.60.15-0.881.0-0.150.150.55-0.170.450.71-0.86-0.68-0.650.01-0.82-0.64-0.24-0.59-0.430.55-0.380.63
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
0.481.00.90.83-0.880.28-0.880.240.29-0.250.27-0.36-0.750.990.920.820.030.980.870.390.820.72-0.170.54-0.25
-0.14-0.87-0.7-0.611.00.15-0.88-0.150.140.54-0.170.460.7-0.87-0.68-0.650.02-0.82-0.64-0.24-0.59-0.440.54-0.390.62
0.510.320.480.51-0.150.350.24-0.150.33-0.21.00.19-0.350.30.440.33-0.30.380.590.290.550.13-0.130.76-0.12
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
0.08-0.26-0.27-0.230.550.33-0.250.54-0.20.36-0.210.140.39-0.22-0.16-0.270.29-0.23-0.19-0.23-0.220.380.77-0.260.74
0.550.350.510.54-0.170.380.27-0.171.00.35-0.210.17-0.370.330.480.35-0.280.410.620.30.580.15-0.120.8-0.11
0.15-0.34-0.250.00.450.19-0.360.460.190.210.140.17-0.07-0.39-0.170.110.21-0.28-0.110.53-0.02-0.260.02-0.080.08
-0.64-0.75-0.77-0.820.71-0.37-0.750.7-0.35-0.390.39-0.37-0.07-0.72-0.77-0.84-0.13-0.77-0.76-0.68-0.8-0.30.53-0.460.58
0.51.00.910.83-0.860.290.99-0.870.30.3-0.220.33-0.39-0.720.920.780.00.990.890.330.820.75-0.130.59-0.22
0.740.930.980.97-0.680.570.92-0.680.440.56-0.160.48-0.17-0.770.920.87-0.020.970.990.530.970.66-0.030.69-0.09
0.640.820.820.91-0.650.440.82-0.650.330.44-0.270.350.11-0.840.780.870.10.850.850.80.880.45-0.260.44-0.29
0.00.010.010.00.010.070.030.02-0.30.080.29-0.280.21-0.130.0-0.020.10.0-0.060.17-0.040.110.09-0.080.08
0.60.990.950.91-0.820.40.98-0.820.380.4-0.230.41-0.28-0.770.990.970.850.00.950.440.90.71-0.130.64-0.2
0.760.90.970.97-0.640.570.87-0.640.590.56-0.190.62-0.11-0.760.890.990.85-0.060.950.540.980.62-0.050.77-0.1
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
0.780.840.950.99-0.590.590.82-0.590.550.58-0.220.58-0.02-0.80.820.970.88-0.040.90.980.610.51-0.110.71-0.14
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
0.15-0.18-0.1-0.120.550.46-0.170.54-0.130.450.77-0.120.020.53-0.13-0.03-0.260.09-0.13-0.05-0.27-0.110.420.020.99
0.620.590.740.69-0.380.470.54-0.390.760.44-0.260.8-0.08-0.460.590.690.44-0.080.640.770.290.710.40.02-0.01
0.13-0.26-0.14-0.150.630.45-0.250.62-0.120.430.74-0.110.080.58-0.22-0.09-0.290.08-0.2-0.1-0.25-0.140.310.99-0.01
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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