Lowe#39;s Cost Of Revenue vs Total Operating Expenses 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 Cost Of Revenue and its Total Operating Expenses 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.
Cost Of Revenue vs Total Operating Expenses
Cost Of Revenue vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lowe#39;s Cos Cost Of Revenue account and Total Operating Expenses. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lowe#39;s Cos' Cost Of Revenue and Total Operating Expenses is 0.79. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Total Operating Expenses 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' Cost Of Revenue and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Lowe Cos are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Cost Of Revenue i.e., Lowe#39;s Cos' Cost Of Revenue and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | 0.79 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Cost Of Revenue
Cost of Revenue is found on Lowe#39; s Cos income statement and represents the costs associated with goods and services Lowe#39; s Cos provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.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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