Lowe#39;s Accounts Payable vs Non Current Liabilities Total Analysis
| 0JVQ Stock | 272.68 1.30 0.47% |
Lowe#39;s Cos financial indicator trend analysis is infinitely more than just investigating Lowe#39;s Cos recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lowe#39;s Cos is a good investment. Please check the relationship between Lowe#39;s Cos Accounts Payable and its Non Current Liabilities Total accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Lowe Cos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Accounts Payable vs Non Current Liabilities Total
Accounts Payable vs Non Current Liabilities Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lowe#39;s Cos Accounts Payable account and Non Current Liabilities Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lowe#39;s Cos' Accounts Payable and Non Current Liabilities Total is 0.72. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Non Current Liabilities Total in the same time period over historical financial statements of Lowe Cos, assuming nothing else is changed. The correlation between historical values of Lowe#39;s Cos' Accounts Payable and Non Current Liabilities Total 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 Lowe Cos are associated (or correlated) with its Non Current Liabilities Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Liabilities Total has no effect on the direction of Accounts Payable i.e., Lowe#39;s Cos' Accounts Payable and Non Current Liabilities Total go up and down completely randomly.
Correlation Coefficient | 0.72 |
| Relationship Direction | Positive |
| Relationship Strength | Significant |
Accounts Payable
An accounting item on the balance sheet that represents Lowe#39; s Cos 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 Lowe#39; s Cos 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.Non Current Liabilities Total
Most indicators from Lowe#39;s Cos' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lowe#39;s Cos 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Lowe Cos. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. Selling General Administrative is likely to gain to about 14.8 B in 2024. Tax Provision is likely to gain to about 1.4 B in 2024
| 2013 | 2019 | 2023 | 2024 (projected) | Total Revenue | 71.3B | 86.4B | 99.3B | 104.3B | Depreciation And Amortization | 1.6B | 1.9B | 2.2B | 2.3B |
Lowe#39;s Cos fundamental ratios Correlations
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Lowe#39;s Cos Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Lowe#39;s Cos' price analysis, check to measure Lowe#39;s Cos' 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 Lowe#39;s Cos is operating at the current time. Most of Lowe#39;s Cos' value examination focuses on studying past and present price action to predict the probability of Lowe#39;s Cos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lowe#39;s Cos' price. Additionally, you may evaluate how the addition of Lowe#39;s Cos to your portfolios can decrease your overall portfolio volatility.