Lowe's (Lowe's) Cash And Cash Equivalents

: $921 Mil (As of Jan. 2024)

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Lowe's's quarterly cash and cash equivalents declined from Jul. 2023 ($3,494.00 Mil) to Oct. 2023 ($1,210.00 Mil) but then stayed the same from Oct. 2023 ($1,210.00 Mil) to Jan. 2024 ($921.00 Mil).

Lowe's's annual cash and cash equivalents increased from Jan. 2022 ($1,133.00 Mil) to Jan. 2023 ($1,348.00 Mil) but then declined from Jan. 2023 ($1,348.00 Mil) to Jan. 2024 ($921.00 Mil).

Lowe's Cash And Cash Equivalents Historical Data

The historical data trend for Lowe's's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lowe's Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash And Cash Equivalents

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716.00

4,690.00

1,133.00

1,348.00

921.00

Lowe's Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,348.00	2,950.00	3,494.00	1,210.00	921.00

Lowe's Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Lowe's (NYSE:LOW) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Lowe's Cash And Cash Equivalents Related Terms

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Lowe's (Lowe's) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lowe's Companies Inc (NYSE:LOW) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

LOW:Mexico LWE:Germany LWE:Germany LOWC34:Brazil

Address

1000 Lowes Boulevard, Mooresville, NC, USA, 28117

Website

https://www.lowes.com

Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.

Executives

Janice Dupre Little	officer: EVP Human Resources	1000 LOWES BOULEVARD, MOORESVILLE NC 28117
Joseph Michael Mcfarland	officer: EVP, Stores	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Quonta D Vance	officer: EVP, Pro & Home Services	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Donald Frieson	officer: EVP, Supply Chain	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
William P Boltz	officer: EVP, Merchandising	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Seemantini Godbole	officer: EVP, Chief Information Officer	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Juliette Williams Pryor	officer: EVP, CLO & Corp. Sec.	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Ross W Mccanless	officer: SR VP Gen Counsel & Secretary
Scott H Baxter	director	400 NORTH ELM STREET, GREENSBORO NC 27401
Taylor Colleen	director	C/O BILL.COM HOLDINGS, INC., 1800 EMBARCADERO ROAD, PALO ALTO CA 94303
Brandon J Sink	officer: EVP, Chief Financial Officer	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Stone West Mary E	director	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Daniel J Heinrich	director	CLOROX CO, 1221 BROADWAY, OAKLAND CA 94612
David H Batchelder	director	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Griggs Dan Clayton Jr	officer: Vice President, CAO	1000 LOWES BOULEVARD, MOORESVILLE NC 28117