FAQs
Lowe's Long Term Debt 2010-2024 | LOW
Does Lowes have a lot of debt? ›
Debt Analysis
You can click the graphic below for the historical numbers, but it shows that as of July 2021 Lowe's Companies had US$23.8b of debt, an increase on US$21.2b, over one year. On the flip side, it has US$6.26b in cash, leading to net debt of about US$17.5b.
What does a low long term debt ratio mean? ›
A debt ratio greater than 1.0 (100%) tells you that a company has more debt than assets. Meanwhile, a debt ratio of less than 100% indicates that a company has more assets than debt. Used in conjunction with other measures of financial health, the debt ratio can help investors determine a company's risk level. 1.
Is Lowes in financial trouble? ›
Companies with rank of 3 or less are likely in financial distress. Lowe's has the Financial Strength Rank of 5.
What is Lowe's net debt? ›
Total debt on the balance sheet as of January 2024 : $40.14 B. According to Lowe's Companies's latest financial reports the company's total debt is $40.14 B. A company's total debt is the sum of all current and non-current debts.
What is Lowe's long term debt? ›
Lowe's long term debt for the quarter ending April 30, 2024 was $34.622B, a 3.46% decline year-over-year. Lowe's long term debt for 2024 was $35.384B, a 7.63% increase from 2023.
What is the financial status of Lowes? ›
(NYSE: LOW) today reported net earnings of $1.0 billion and diluted earnings per share (EPS) of $1.77 for the quarter ended Feb. 2, 2024, compared to diluted EPS of $1.58 in the fourth quarter of 2022, which included pre-tax transaction costs of $441 million associated with the sale of our Canadian retail business.
Is a decrease in long-term debt good? ›
Lenders and investors usually perceive a lower long-term debt ratio to mean less solvency risk and that the company can pay its outstanding long-term debts. A ratio of 0.5 or less is generally considered good, with 0.3 or less usually being excellent.
What is a good long-term debt coverage ratio? ›
What is a good long-term debt ratio? A long-term debt ratio of 0.5 or less is considered a good definition to indicate the safety and security of a business.
What happens if debt ratio is low? ›
From a pure risk perspective, debt ratios of 0.4 or lower are considered better, while a debt ratio of 0.6 or higher makes it more difficult to borrow money. While a low debt ratio suggests greater creditworthiness, there is also risk associated with a company carrying too little debt.
Based on 23 Wall Street analysts offering 12 month price targets for Lowe's in the last 3 months. The average price target is $254.45 with a high forecast of $290.00 and a low forecast of $229.00. The average price target represents a 17.44% change from the last price of $216.67.
Why is Lowes stock so LOW? ›
Lowe's Shares Drop on Soft Home-Improvement Outlook
Lowe's Cos. shares declined after the retailer cautioned that home-improvement spending will remain muted in coming months. Comparable sales, a key metric for the industry, fell 4.1% in the first quarter, though they were better than analysts projected.
What are the threats for Lowes? ›
Threats. Competitive Landscape: The home improvement industry is highly competitive, with Lowe's facing competition from national and regional chains, traditional hardware stores, online retailers, and specialty stores. The company must continuously innovate and adapt to maintain its market position.
Why does Lowes have so much debt? ›
If you missed that math, Lowe's spent $8.9 billion on dividends and share repurchases during its fiscal 2023 but only generated $7.7 billion in net income. That means the company borrowed money to help pay for a portion of that return of capital to shareholders.
Who is the largest investor in Lowes? ›
Largest shareholders include Vanguard Group Inc, BlackRock Inc., Jpmorgan Chase & Co, State Street Corp, Fmr Llc, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Wells Fargo & Company/mn, and Bank Of America Corp /de/ .
Why does Lowes have negative equity? ›
A companys net worth equals the total assets minus the total liabilities, and for Lowes this difference is negative. Simply put, it means that should Lowes have an urgent need to sell off its assets to repay its total liabilities, then it would be impossible to achieve this.
What Companies carry the most debt? ›
Fannie Mae is the world's largest debtor, carrying $4.232 trillion in debt. U.S. companies make up 60.13% of the $10.8 trillion owed by the top 100 global companies in debt. Toyota holds the title of the world's most indebted company outside the financial industries, with a debt of $221.13 billion.
What are some of Lowes weaknesses? ›
Weaknesses. Operational Efficiency Challenges: Despite its financial success, Lowe's must continuously address operational efficiency within its vast network of stores. The company faces the ongoing task of optimizing inventory management and supply chain processes to meet customer demand promptly.
Does Home Depot have a lot of debt? ›
Total debt on the balance sheet as of April 2024 : $51.01 B
According to Home Depot's latest financial reports the company's total debt is $51.01 B. A company's total debt is the sum of all current and non-current debts.
Are Lowes employees happy? ›
Ratings distribution
Lowe's Home Improvement has an employee rating of 3.5 out of 5 stars, based on 42,315 company reviews on Glassdoor which indicates that most employees have a good working experience there.
