A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Lowe's's Debt-to-Equity or its related term are showing as below:
LOW'
s Debt-to-Equity Range Over the Past 10 Years
Min: -164.05 Med: 0.46 Max: 62.29
Current: -4.89
During the past 13 years, the highest Debt-to-Equity Ratio of Lowe's was 62.29. The lowest was -164.05. And the median was 0.46.
LOW's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.60
vs LOW: -4.89
Lowe's Debt-to-Equity Historical Data
The historical data trend for Lowe's's Debt-to-Equity 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
Jan13
Jan14
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Debt-to-Equity
2.89
4.45
12.04
18.24
-6.10
Lowe's Quarterly Data
Jul17
Oct17
Jan18
Apr18
Jul18
Oct18
Jan19
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Debt-to-Equity
62.29
-164.05
-19.63
-6.10
-4.89
Competitive Comparison
For the Home Improvement Retail subindustry, Lowe's's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lowe's Debt-to-Equity Distribution
For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Lowe's's Debt-to-Equity falls into.
Lowe's Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Lowe's's Debt to Equity Ratio for the fiscal year that ended in Jan. 2022 is calculated as
* 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.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Lowe's Debt-to-Equity Related Terms
Thank you for viewing the detailed overview of Lowe's's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Lowe's is the second- largest home improvement retailer in the world (behind wide-moat Home Depot), operating 1,971 stores and servicing 230 dealer-owned stores throughout the United States and Canada. The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling. Lowe's targets retail do-it-yourself and do-it-for-me customers as well as commercial business clients. We estimate Lowe's captures a low-double-digit share of the $900 billion domestic home improvement market, based on Lowe's estimate for market size.
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