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

: -0.36 (As of Jan. 2024)

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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 Jan. 2024 was $-15,050 Mil. Lowe's's Total Assets for the quarter that ended in Jan. 2024 was $41,795 Mil. Therefore, Lowe's's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was -0.36.

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: 0.08 Max: 0.31
Current: -0.36

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 0.08.

LTS:0JVQ's Equity-to-Asset is ranked worse than
98.03% of 1116 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs LTS:0JVQ: -0.36

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 Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Equity-to-Asset

0.05

0.03

-0.11

-0.33

-0.36

Lowe's Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Equity-to-Asset																-0.33	-0.32	-0.33	-0.36	-0.36

Competitive Comparison

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 Equity-to-Asset Distribution

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 Jan. 2024 is calculated as

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

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

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Lowe's (LTS:0JVQ) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

LOW:USA LOW:Mexico 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.

Lowe's (LTS:0JVQ) Headlines

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