Lowe#39;s Net Income vs Cost Of Revenue 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 Net Income and its Cost Of Revenue 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.

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lowe#39;s Cos Net Income account and Cost Of Revenue. At this time, the significance of the direction appears to have strong relationship.

The correlation between Lowe#39;s Cos' Net Income and Cost Of Revenue is 0.76. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Cost Of Revenue 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' Net Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Lowe Cos are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Net Income i.e., Lowe#39;s Cos' Net Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.76

Relationship Direction	Positive
Relationship Strength	Significant

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Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Lowe#39; s Cos financial statement analysis. It represents the amount of money remaining after all of Lowe Cos operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

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.

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

Total Revenue Depreciation And Amortization

Lowe#39;s Cos fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Short Term Investments	Common Stock	Current Deferred Revenue	Other Assets
Total Assets		0.82	0.92	0.87	-0.71	0.68	0.83	-0.68	0.34	0.91	0.59	0.51	-0.23	-0.87	0.84	0.93	0.83	-0.62	0.89	0.92	0.48	0.87	0.89	-0.49	0.83	-0.59
Short Long Term Debt Total	0.82		0.96	0.77	-0.96	0.37	1.0	-0.95	0.72	0.58	0.07	0.8	-0.02	-0.71	0.99	0.94	0.71	-0.14	0.98	0.95	0.32	0.74	0.9	-0.8	0.6	-0.8
Other Current Liab	0.92	0.96		0.91	-0.91	0.42	0.96	-0.89	0.52	0.69	0.25	0.67	-0.23	-0.83	0.95	0.99	0.86	-0.36	0.98	0.99	0.53	0.89	0.95	-0.76	0.75	-0.7
Total Current Liabilities	0.87	0.77	0.91		-0.7	0.41	0.77	-0.67	0.22	0.66	0.44	0.42	-0.38	-0.87	0.74	0.93	1.0	-0.64	0.84	0.93	0.77	1.0	0.91	-0.64	0.88	-0.36
Total Stockholder Equity	-0.71	-0.96	-0.91	-0.7		-0.27	-0.96	1.0	-0.79	-0.39	0.16	-0.87	0.2	0.71	-0.96	-0.86	-0.65	-0.05	-0.95	-0.87	-0.4	-0.67	-0.88	0.92	-0.58	0.85
Property Plant And Equipment Net	0.68	0.37	0.42	0.41	-0.27		0.37	-0.25	0.3	0.75	0.62	0.45	-0.17	-0.72	0.42	0.46	0.36	-0.54	0.46	0.44	0.23	0.42	0.58	-0.15	0.71	-0.31
Net Debt	0.83	1.0	0.96	0.77	-0.96	0.37		-0.95	0.71	0.58	0.07	0.8	-0.02	-0.72	0.99	0.94	0.72	-0.14	0.98	0.95	0.32	0.75	0.9	-0.8	0.61	-0.8
Retained Earnings	-0.68	-0.95	-0.89	-0.67	1.0	-0.25	-0.95		-0.81	-0.35	0.2	-0.88	0.18	0.68	-0.96	-0.84	-0.62	-0.09	-0.94	-0.85	-0.37	-0.64	-0.86	0.93	-0.55	0.86
Cash	0.34	0.72	0.52	0.22	-0.79	0.3	0.71	-0.81		0.08	-0.44	0.97	0.09	-0.41	0.74	0.48	0.15	0.44	0.66	0.5	-0.02	0.18	0.58	-0.78	0.26	-0.8
Non Current Assets Total	0.91	0.58	0.69	0.66	-0.39	0.75	0.58	-0.35	0.08		0.82	0.24	-0.05	-0.68	0.6	0.72	0.61	-0.74	0.64	0.7	0.23	0.68	0.64	-0.1	0.67	-0.39
Non Currrent Assets Other	0.59	0.07	0.25	0.44	0.16	0.62	0.07	0.2	-0.44	0.82		-0.28	-0.05	-0.4	0.07	0.33	0.44	-0.94	0.15	0.3	0.22	0.48	0.25	0.35	0.5	0.2
Cash And Short Term Investments	0.51	0.8	0.67	0.42	-0.87	0.45	0.8	-0.88	0.97	0.24	-0.28		-0.07	-0.62	0.83	0.63	0.36	0.23	0.78	0.65	0.2	0.39	0.75	-0.85	0.49	-0.81
Net Receivables	-0.23	-0.02	-0.23	-0.38	0.2	-0.17	-0.02	0.18	0.09	-0.05	-0.05	-0.07		0.55	-0.09	-0.16	-0.41	0.23	-0.2	-0.15	-0.79	-0.38	-0.34	0.34	-0.56	0.11
Common Stock Shares Outstanding	-0.87	-0.71	-0.83	-0.87	0.71	-0.72	-0.72	0.68	-0.41	-0.68	-0.4	-0.62	0.55		-0.74	-0.83	-0.84	0.54	-0.82	-0.82	-0.75	-0.87	-0.94	0.67	-0.98	0.5
Non Current Liabilities Total	0.84	0.99	0.95	0.74	-0.96	0.42	0.99	-0.96	0.74	0.6	0.07	0.83	-0.09	-0.74		0.92	0.68	-0.12	0.99	0.93	0.32	0.72	0.9	-0.8	0.62	-0.86
Inventory	0.93	0.94	0.99	0.93	-0.86	0.46	0.94	-0.84	0.48	0.72	0.33	0.63	-0.16	-0.83	0.92		0.9	-0.45	0.96	1.0	0.54	0.92	0.95	-0.72	0.78	-0.61
Other Current Assets	0.83	0.71	0.86	1.0	-0.65	0.36	0.72	-0.62	0.15	0.61	0.44	0.36	-0.41	-0.84	0.68	0.9		-0.66	0.78	0.89	0.81	1.0	0.87	-0.62	0.87	-0.28
Other Stockholder Equity	-0.62	-0.14	-0.36	-0.64	-0.05	-0.54	-0.14	-0.09	0.44	-0.74	-0.94	0.23	0.23	0.54	-0.12	-0.45	-0.66		-0.24	-0.42	-0.52	-0.67	-0.4	-0.14	-0.67	-0.26
Total Liab	0.89	0.98	0.98	0.84	-0.95	0.46	0.98	-0.94	0.66	0.64	0.15	0.78	-0.2	-0.82	0.99	0.96	0.78	-0.24		0.97	0.46	0.82	0.95	-0.81	0.72	-0.8
Total Current Assets	0.92	0.95	0.99	0.93	-0.87	0.44	0.95	-0.85	0.5	0.7	0.3	0.65	-0.15	-0.82	0.93	1.0	0.89	-0.42	0.97		0.53	0.92	0.95	-0.74	0.77	-0.62
Short Term Debt	0.48	0.32	0.53	0.77	-0.4	0.23	0.32	-0.37	-0.02	0.23	0.22	0.2	-0.79	-0.75	0.32	0.54	0.81	-0.52	0.46	0.53		0.77	0.65	-0.56	0.82	-0.02
Accounts Payable	0.87	0.74	0.89	1.0	-0.67	0.42	0.75	-0.64	0.18	0.68	0.48	0.39	-0.38	-0.87	0.72	0.92	1.0	-0.67	0.82	0.92	0.77		0.89	-0.61	0.89	-0.33
Short Term Investments	0.89	0.9	0.95	0.91	-0.88	0.58	0.9	-0.86	0.58	0.64	0.25	0.75	-0.34	-0.94	0.9	0.95	0.87	-0.4	0.95	0.95	0.65	0.89		-0.81	0.89	-0.63
Common Stock	-0.49	-0.8	-0.76	-0.64	0.92	-0.15	-0.8	0.93	-0.78	-0.1	0.35	-0.85	0.34	0.67	-0.8	-0.72	-0.62	-0.14	-0.81	-0.74	-0.56	-0.61	-0.81		-0.57	0.67
Current Deferred Revenue	0.83	0.6	0.75	0.88	-0.58	0.71	0.61	-0.55	0.26	0.67	0.5	0.49	-0.56	-0.98	0.62	0.78	0.87	-0.67	0.72	0.77	0.82	0.89	0.89	-0.57		-0.31
Other Assets	-0.59	-0.8	-0.7	-0.36	0.85	-0.31	-0.8	0.86	-0.8	-0.39	0.2	-0.81	0.11	0.5	-0.86	-0.61	-0.28	-0.26	-0.8	-0.62	-0.02	-0.33	-0.63	0.67	-0.31

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Lowe#39;s Cos Account Relationship Matchups

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ESRT	Empire State Realty
C	Citigroup
C	Citigroup

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Lowe#39;s Net Income vs Cost Of Revenue Analysis

Net Income vs Cost Of Revenue

Net Income vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Net Income

Cost Of Revenue

Lowe#39;s Cos fundamental ratios Correlations

Lowe#39;s Cos Account Relationship Matchups

High Positive Relationship

High Negative Relationship

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Additional Tools for Lowe#39;s Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Debt	+ 1.0	Short Long Term Debt Total
Other Current Assets	+ 1.0	Total Current Liabilities
Accounts Payable	+ 1.0	Total Current Liabilities
Retained Earnings	+ 1.0	Total Stockholder Equity
Total Current Assets	+ 1.0	Inventory
Accounts Payable	+ 1.0	Other Current Assets

Current Deferred Revenue	- 0.98	Common Stock Shares Outstanding
Non Current Liabilities Total	- 0.96	Retained Earnings
Non Current Liabilities Total	- 0.96	Total Stockholder Equity
Net Debt	- 0.96	Total Stockholder Equity
Total Stockholder Equity	- 0.96	Short Long Term Debt Total
Retained Earnings	- 0.95	Net Debt