LKQ Interest Income from 2010 to 2024

LKQ Stock  USD 37.88  0.56  1.50%   
LKQ Interest Income yearly trend continues to be relatively stable with very little volatility. Interest Income is likely to drop to about 25.7 M. Interest Income is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. View All Fundamentals
 
Interest Income  
First Reported
2010-12-31
Previous Quarter
44 M
Current Value
25.7 M
Quarterly Volatility
20.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check LKQ financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LKQ's main balance sheet or income statement drivers, such as Interest Expense of 151.4 M, Total Revenue of 14.6 B or Gross Profit of 5.9 B, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0125 or PTB Ratio of 1.96. LKQ financial statements analysis is a perfect complement when working with LKQ Valuation or Volatility modules.
  
Check out the analysis of LKQ Correlation against competitors.

Latest LKQ's Interest Income Growth Pattern

Below is the plot of the Interest Income of LKQ Corporation over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. LKQ's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in LKQ's overall financial position and show how it may be relating to other accounts over time.
Interest Income10 Years Trend
Slightly volatile
   Interest Income   
       Timeline  

LKQ Interest Income Regression Statistics

Arithmetic Mean34,242,397
Geometric Mean25,646,014
Coefficient Of Variation59.83
Mean Deviation18,384,696
Median32,755,000
Standard Deviation20,486,986
Sample Variance419.7T
Range53.4M
R-Value(0.61)
Mean Square Error283.5T
R-Squared0.37
Significance0.02
Slope(2,797,298)
Total Sum of Squares5876T

LKQ Interest Income History

202425.7 M
202344 M
202215 M
202120.4 M
202016 M
201932.8 M
20186.5 M

Other Fundumenentals of LKQ Corporation

LKQ Interest Income component correlations

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About LKQ Financial Statements

LKQ shareholders use historical fundamental indicators, such as Interest Income, to determine how well the company is positioned to perform in the future. Although LKQ investors may analyze each financial statement separately, they are all interrelated. The changes in LKQ's assets and liabilities, for example, are also reflected in the revenues and expenses on on LKQ's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Income44 M25.7 M
Net Interest Income-170 M-161.5 M

Pair Trading with LKQ

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LKQ position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LKQ will appreciate offsetting losses from the drop in the long position's value.

Moving together with LKQ Stock

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Moving against LKQ Stock

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The ability to find closely correlated positions to LKQ could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LKQ when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LKQ - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LKQ Corporation to buy it.
The correlation of LKQ is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LKQ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LKQ Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LKQ can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for LKQ Stock Analysis

When running LKQ's price analysis, check to measure LKQ's 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 LKQ is operating at the current time. Most of LKQ's value examination focuses on studying past and present price action to predict the probability of LKQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LKQ's price. Additionally, you may evaluate how the addition of LKQ to your portfolios can decrease your overall portfolio volatility.