Lowe#39;s Cash And Short Term Investments vs Common Stock Shares Outstanding 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 Cash And Short Term Investments and its Common Stock Shares Outstanding 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.

Cash And Short Term Investments vs Common Stock Shares Outstanding

Cash And Short Term Investments vs Common Stock Shares Outstanding Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lowe#39;s Cos Cash And Short Term Investments account and Common Stock Shares Outstanding. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lowe#39;s Cos' Cash And Short Term Investments and Common Stock Shares Outstanding is -0.62. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Common Stock Shares Outstanding 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' Cash And Short Term Investments and Common Stock Shares Outstanding is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Lowe Cos are associated (or correlated) with its Common Stock Shares Outstanding. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock Shares Outstanding has no effect on the direction of Cash And Short Term Investments i.e., Lowe#39;s Cos' Cash And Short Term Investments and Common Stock Shares Outstanding go up and down completely randomly.

Correlation Coefficient

-0.62
Relationship DirectionNegative 
Relationship StrengthWeak

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Lowe#39; s Cos balance sheet. This account contains Lowe#39; s Cos investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Lowe Cos fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.
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 Revenue71.3B86.4B99.3B104.3B
Depreciation And Amortization1.6B1.9B2.2B2.3B

Lowe#39;s Cos fundamental ratios Correlations

0.820.920.87-0.710.680.83-0.680.340.910.590.51-0.23-0.870.840.930.83-0.620.890.920.480.870.89-0.490.83-0.59
0.820.960.77-0.960.371.0-0.950.720.580.070.8-0.02-0.710.990.940.71-0.140.980.950.320.740.9-0.80.6-0.8
0.920.960.91-0.910.420.96-0.890.520.690.250.67-0.23-0.830.950.990.86-0.360.980.990.530.890.95-0.760.75-0.7
0.870.770.91-0.70.410.77-0.670.220.660.440.42-0.38-0.870.740.931.0-0.640.840.930.771.00.91-0.640.88-0.36
-0.71-0.96-0.91-0.7-0.27-0.961.0-0.79-0.390.16-0.870.20.71-0.96-0.86-0.65-0.05-0.95-0.87-0.4-0.67-0.880.92-0.580.85
0.680.370.420.41-0.270.37-0.250.30.750.620.45-0.17-0.720.420.460.36-0.540.460.440.230.420.58-0.150.71-0.31
0.831.00.960.77-0.960.37-0.950.710.580.070.8-0.02-0.720.990.940.72-0.140.980.950.320.750.9-0.80.61-0.8
-0.68-0.95-0.89-0.671.0-0.25-0.95-0.81-0.350.2-0.880.180.68-0.96-0.84-0.62-0.09-0.94-0.85-0.37-0.64-0.860.93-0.550.86
0.340.720.520.22-0.790.30.71-0.810.08-0.440.970.09-0.410.740.480.150.440.660.5-0.020.180.58-0.780.26-0.8
0.910.580.690.66-0.390.750.58-0.350.080.820.24-0.05-0.680.60.720.61-0.740.640.70.230.680.64-0.10.67-0.39
0.590.070.250.440.160.620.070.2-0.440.82-0.28-0.05-0.40.070.330.44-0.940.150.30.220.480.250.350.50.2
0.510.80.670.42-0.870.450.8-0.880.970.24-0.28-0.07-0.620.830.630.360.230.780.650.20.390.75-0.850.49-0.81
-0.23-0.02-0.23-0.380.2-0.17-0.020.180.09-0.05-0.05-0.070.55-0.09-0.16-0.410.23-0.2-0.15-0.79-0.38-0.340.34-0.560.11
-0.87-0.71-0.83-0.870.71-0.72-0.720.68-0.41-0.68-0.4-0.620.55-0.74-0.83-0.840.54-0.82-0.82-0.75-0.87-0.940.67-0.980.5
0.840.990.950.74-0.960.420.99-0.960.740.60.070.83-0.09-0.740.920.68-0.120.990.930.320.720.9-0.80.62-0.86
0.930.940.990.93-0.860.460.94-0.840.480.720.330.63-0.16-0.830.920.9-0.450.961.00.540.920.95-0.720.78-0.61
0.830.710.861.0-0.650.360.72-0.620.150.610.440.36-0.41-0.840.680.9-0.660.780.890.811.00.87-0.620.87-0.28
-0.62-0.14-0.36-0.64-0.05-0.54-0.14-0.090.44-0.74-0.940.230.230.54-0.12-0.45-0.66-0.24-0.42-0.52-0.67-0.4-0.14-0.67-0.26
0.890.980.980.84-0.950.460.98-0.940.660.640.150.78-0.2-0.820.990.960.78-0.240.970.460.820.95-0.810.72-0.8
0.920.950.990.93-0.870.440.95-0.850.50.70.30.65-0.15-0.820.931.00.89-0.420.970.530.920.95-0.740.77-0.62
0.480.320.530.77-0.40.230.32-0.37-0.020.230.220.2-0.79-0.750.320.540.81-0.520.460.530.770.65-0.560.82-0.02
0.870.740.891.0-0.670.420.75-0.640.180.680.480.39-0.38-0.870.720.921.0-0.670.820.920.770.89-0.610.89-0.33
0.890.90.950.91-0.880.580.9-0.860.580.640.250.75-0.34-0.940.90.950.87-0.40.950.950.650.89-0.810.89-0.63
-0.49-0.8-0.76-0.640.92-0.15-0.80.93-0.78-0.10.35-0.850.340.67-0.8-0.72-0.62-0.14-0.81-0.74-0.56-0.61-0.81-0.570.67
0.830.60.750.88-0.580.710.61-0.550.260.670.50.49-0.56-0.980.620.780.87-0.670.720.770.820.890.89-0.57-0.31
-0.59-0.8-0.7-0.360.85-0.31-0.80.86-0.8-0.390.2-0.810.110.5-0.86-0.61-0.28-0.26-0.8-0.62-0.02-0.33-0.630.67-0.31
Click cells to compare fundamentals

Lowe#39;s Cos Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Lowe#39;s Stock Analysis

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.