Lowe#39;s Total Other Income Expense Net vs Income Before Tax 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 Total Other Income Expense Net and its Income Before Tax 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.
Total Other Income Expense Net vs Income Before Tax
Total Other Income Expense Net vs Income Before Tax Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lowe#39;s Cos Total Other Income Expense Net account and Income Before Tax. At this time, the significance of the direction appears to have pay attention.
The correlation between Lowe#39;s Cos' Total Other Income Expense Net and Income Before Tax is -0.97. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Income Before Tax 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' Total Other Income Expense Net and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Lowe Cos are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Total Other Income Expense Net i.e., Lowe#39;s Cos' Total Other Income Expense Net and Income Before Tax go up and down completely randomly.
Correlation Coefficient | -0.97 |
Relationship Direction | Negative |
Relationship Strength | Significant |
Total Other Income Expense Net
Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Lowe#39; s Cos income statement and is an important metric when analyzing Lowe#39; s Cos profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.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.