Lowe#39;s Short Long Term Debt Total vs Total Assets 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 Short Long Term Debt Total and its Total Assets 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.
Short Long Term Debt Total vs Total Assets
Short Long Term Debt Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lowe#39;s Cos Short Long Term Debt Total account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Lowe#39;s Cos' Short Long Term Debt Total and Total Assets is 0.82. Overlapping area represents the amount of variation of Short Long Term Debt Total that can explain the historical movement of Total Assets 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' Short Long Term Debt Total and Total Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Short Long Term Debt Total of Lowe Cos are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Short Long Term Debt Total i.e., Lowe#39;s Cos' Short Long Term Debt Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.82 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Short Long Term Debt Total
Total Assets
Total assets refers to the total amount of Lowe#39; s Cos assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lowe#39; s Cos books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.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.