GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lowe's Companies Inc (LTS:0JVQ) » Definitions » Equity-to-Asset

Lowe's (LTS:0JVQ) Equity-to-Asset : -0.30 (As of Oct. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Lowe's Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lowe's's Total Stockholders Equity for the quarter that ended in Oct. 2024 was $-13,419 Mil. Lowe's's Total Assets for the quarter that ended in Oct. 2024 was $44,743 Mil. Therefore, Lowe's's Equity to Asset Ratio for the quarter that ended in Oct. 2024 was -0.30.

The historical rank and industry rank for Lowe's's Equity-to-Asset or its related term are showing as below:

LTS:0JVQ' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.36   Med: 0.07   Max: 0.31
Current: -0.3

During the past 13 years, the highest Equity to Asset Ratio of Lowe's was 0.31. The lowest was -0.36. And the median was 0.07.

LTS:0JVQ's Equity-to-Asset is ranked worse than
97.41% of 1120 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs LTS:0JVQ: -0.30

Lowe's Equity-to-Asset Historical Data

The historical data trend for Lowe's's Equity-to-Asset 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 Equity-to-Asset Chart

Lowe's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.03 -0.11 -0.33 -0.36

Lowe's Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.36 -0.36 -0.32 -0.31 -0.30

Competitive Comparison of Lowe's's Equity-to-Asset

For the Home Improvement Retail subindustry, Lowe's's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lowe's's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lowe's's Equity-to-Asset falls into.



Lowe's Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Lowe's's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=-15050/41795
=-0.36

Lowe's's Equity to Asset Ratio for the quarter that ended in Oct. 2024 is calculated as

Equity to Asset (Q: Oct. 2024 )=Total Stockholders Equity/Total Assets
=-13419/44743
=-0.30

* 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.


Lowe's  (LTS:0JVQ) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Lowe's Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Lowe's's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Lowe's Business Description

Address
1000 Lowes Boulevard, Mooresville, NC, USA, 28117
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 primarily targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers, but has expanded its commercial and professional business clients to 25% from less than 20% in the past six years. We estimate Lowe's captures a high-single-digit share of the domestic home improvement market, based on US Census data and management's market size estimates.

Lowe's Headlines

No Headlines